Kilburn Engineering Ltd has secured its first orders from Casale SA, Switzerland, valued at ₹70.2 crore for the design, engineering, and manufacture of process equipment for fertilizer applications. This development marks the company's entry into Casale's qualified supplier base, a network that serves some of the world's largest industrial projects in the fertilizer, chemical, and energy sectors. The aggregate value of fertilizer orders won by the company has crossed ₹170 crore in the past twelve months.

Order Details

The orders were awarded in the ordinary course of business. The following table outlines the key parameters of the transaction:

Recent Performance

The Casale orders follow a series of domestic wins over the last year. Kilburn has supplied Dryers, Granulators, Coaters, and Coolers to clients including Coromandel International, Rashtriya Chemicals & Fertilizers (RCF), Fertilisers and Chemicals Travancore (FACT), and Hindustan Zinc, with an aggregate domestic order value of approximately ₹100 crore.

On the international front, the company secured an export order from Tecnimont, the Italian EPC contractor, and previously supplied equipment for the OCP Morocco project through JESA. Amritanshu Khaitan, Chairman of Kilburn Engineering Limited, stated that the Casale orders validate the standards set by the company in process equipment for the fertilizer industry and that the enquiry pipeline remains strong.

The disclosure was made to BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Kilburn Engineering Limited reported a 54.2% year-on-year rise in consolidated net profit to ₹96.2 Cr for the financial year ended March 31, 2026. Revenue from operations for the year increased 48.1% to ₹628.8 Cr, compared to ₹424.46 Cr in the previous year. The board recommended a final dividend of ₹3 per equity share for FY26, subject to shareholder approval at the upcoming Annual General Meeting. The company became net debt-free following a successful fund raise of approximately ₹300 Cr in May 2026. Additionally, the company submitted the audio recording of its earnings conference call held on May 27, 2026, to discuss the audited financial results for the quarter and year ended March 31, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The board, in its meeting held on May 26, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The company reported its highest ever absolute EBITDA in Q4 FY26, with consolidated operating EBITDA rising 23% to ₹45.12 Cr. Full-year consolidated EBITDA margins stood at 25.13%, remaining ahead of the guided range of 22-23%. Order inflows during FY26 were approximately ₹600 Cr, resulting in an unexecuted order book of ₹467 Cr as of March 31, 2026.

Q4 Performance Highlights

For the quarter ended March 31, 2026, Kilburn Engineering delivered steady growth across key metrics. The company reported consolidated net profit of ₹24.86 Cr, compared to ₹20.41 Cr in the same period of the previous year, while revenue from operations stood at ₹189.18 Cr versus ₹126.94 Cr in the year-ago quarter. Q4 EBITDA came in at ₹45.12 Cr against ₹36.67 Cr year-on-year, while EBITDA margin stood at 22.95% compared to 28.70% in the corresponding period of the previous year.

The following table summarises Kilburn Engineering's Q4 operational metrics:

Full-Year Financial Summary

On a standalone basis, net profit for the year stood at ₹69.07 Cr, while revenue from operations was ₹448.25 Cr. The board noted that the company's operations and results vary period to period depending on customer delivery schedules. The financial results include the impact of new labour codes consolidated by the Government of India, leading to an incremental provision of ₹1.46 Cr in the consolidated results and ₹0.89 Cr in the standalone results.

The following table presents the full-year financial performance across standalone and consolidated bases:

Future Outlook

Management reaffirmed a revenue target of ₹1,000 Cr by FY28, targeting approximately 20-25% annual growth. The company remains optimistic about long-term growth opportunities across domestic and export markets, supported by increasing demand in sectors such as nuclear, oil & gas, recycling of metals, and fertiliser. While the business environment is robust, geopolitical and logistics disruptions may temporarily shift execution timelines, with revenues expected to remain weighted towards H2 FY27.