Konstelec FY26 PAT rises 53.5% on margin expansion

1 min read Updated on 28 May 2026, 07:08 AM

Reviewed by

Ashish TScanX News Team

AI Summary

Konstelec Engineers reported a 53.5% increase in profit after tax to ₹7.29 crore for FY26, driven by a 49.6% rise in EBITDA to ₹19.67 crore and margin expansion. Revenue from operations grew 8.6% to ₹210.38 crore. The company filed an investor presentation and announced governance changes, including the resignation of the Company Secretary and the appointment of a new Compliance Officer effective June 1, 2026.

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Konstelec Engineers reported a 53.5% year-on-year increase in profit after tax to ₹7.29 crore for the financial year ended March 31, 2026, compared to ₹4.75 crore in the previous year. The growth was driven by a 49.6% rise in EBITDA to ₹19.67 crore and a 256 basis points expansion in EBITDA margins to 9.35%. Revenue from operations for FY26 stood at ₹210.38 crore, an 8.6% increase from ₹193.71 crore in FY25. The company filed an investor presentation detailing these financial results on May 26, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The statutory auditor, S M L And Co LLP, issued an audit report with an unmodified opinion on the standalone and consolidated financial results. The report noted that the joint venture entity Konstelec Hitech Engineers Private Limited had applied for striking off its name, which was approved by the Registrar of Companies on May 19, 2026. Consequently, the auditor's opinion regarding this entity is based solely on financial statements certified by management.

In governance changes, the Board took note of the resignation of Ms. Shatabdi Sudam Salve as Company Secretary and Compliance Officer, effective from the close of business hours on May 30, 2026. The Board appointed Ms. Deekchha Sanjay Pandey as the new Company Secretary and Compliance Officer, effective June 1, 2026. Ms. Pandey is an Associate Member of the Institute of Company Secretaries of India (Membership No. A80195). Additionally, the Board appointed M/s Umesh K Mehta & Co. as the Internal Auditor for the Financial Year 2026-27.

Key Financial Metrics for FY26

Metric	Year Ended March 31, 2026 (₹ in crore)	Year Ended March 31, 2025 (₹ in crore)
Revenue from Operations	210.38	193.71
Total Income	212.71	195.65
Profit Before Tax	10.28	6.22
Profit After Tax	7.29	4.75
EBITDA	19.67	13.15
Earnings Per Share (Basic)	4.83	3.14

Historical Stock Returns for Konstelec Engineers

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.97%	+33.80%	+12.29%	-11.46%	-27.26%	-78.40%

Can the 256 basis points EBITDA margin expansion be sustained in FY27 given the current market conditions?

How will the striking off of Konstelec Hitech Engineers Private Limited impact the company's consolidated revenue streams moving forward?

What strategic initiatives will the new leadership prioritize to maintain the 53.5% profit growth trajectory?

Project Details

The company received bid confirmations for two projects from Numaligarh Refinery Limited and one from Advanced Weapons and Equipment India Limited, Ministry of Defence. The execution activities for these projects are expected to commence shortly.

Client	Project Description	Order Value
Numaligarh Refinery Limited	Instrumentation Works for EPCM-2 Services for RPTU Unit – Group A	₹59.53 Crore (Exclusive of GST)
Numaligarh Refinery Limited	Instrumentation Works for EPCM-2 Services for RPTU Unit – Group B	₹32.01 Crore (Exclusive of GST)
Advanced Weapons and Equipment India Limited	Augmentation of FGK Internal Electrical Power Distribution System on Turn-key Basis	₹74.31 Crore (Inclusive of GST)
Total		₹165.85 Crore

Management Commentary

Mr. Amish Shah, Managing Director at Konstelec Engineers Limited, stated that these projects reinforce the company's presence in the refinery segment and mark its entry into the defence sector. He further noted that with these additions, the company's total order book stands at over ₹550 Crore, providing strong visibility for FY27 and the years ahead.

Conditions and Next Steps

The award of work for the aforementioned projects is subject to the issuance of the respective Letter of Award (LOA) or Purchase Order and the completion of customary contractual formalities by the respective clients. Konstelec Engineers stated that further details required under Regulation 30 of SEBI LODR Regulations, 2015, will be provided via a separate announcement once the Letter of Intent or Award is received.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0QEI01011/2549ee2b17e94919.pdf

Historical Stock Returns for Konstelec Engineers

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+4.97%	+33.80%	+12.29%	-11.46%	-27.26%	-78.40%

How might Konstelec Engineers' entry into the defence sector through the Advanced Weapons and Equipment India Limited project influence its bidding strategy for future government and defence contracts?

With the total order book now exceeding ₹550 Crore, what revenue recognition timeline and margin profile can investors expect for FY27 given the execution complexities of refinery and defence projects?

Could Konstelec Engineers' growing presence in Numaligarh Refinery's RPTU unit projects position it as a preferred vendor for upcoming expansion phases at the refinery?