Pritika Auto Industries reported a 35.32% year-on-year increase in consolidated revenue to INR482.95 crores for the financial year 2026, driven by volume growth and a better product mix. The company posted a profit after tax of INR23.20 crores for the year, with EBITDA margins standing at 14.71%. Management outlined a medium-term revenue target of INR600 crores, supported by capacity expansion and diversification into railways and exports.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a revenue of INR138.46 crores, a growth of 36.20% year-on-year. EBITDA for the quarter was INR16.64 crores with a margin of 12.02%, while profit after tax stood at INR4.77 crores. The full-year performance marked the company's strongest annual revenue since listing.

Operational Highlights and Capacity

Production volumes for FY26 reached 52,620 metric tons, the highest in the company's history. The total installed capacity exceeds 72,000 metric tons per annum, with current utilization around 73% to 74%. Management plans to add approximately 7,800 metric tons of capacity in the first half of financial year 2027, taking total capacity to roughly 80,000 metric tons. Further expansion of 20,000 to 24,000 metric tons is planned for financial year 2028 using Lost Foam Casting (LFC) technology, targeting a total capacity of 1 lakh tons.

Strategic Outlook

The company is focusing on high-value large castings to improve realization and margins. It expects initial revenue contributions from its railway diversification segment in financial year 2027. In April 2026, subsidiary Pritika Engineering Components Limited invested $50,000 in Omnia Engineering Inc., a U.S. entity, as part of a strategy to establish a foothold in the international market. Management expects to grow revenue by around 15% annually over the next two years to achieve the INR600 crore target.

Pritika Auto Industries announced its audited financial results for the quarter and year ended March 31, 2026. The company reported a consolidated revenue from operations of ₹482.95 crore for FY26, a growth of 35.32% from ₹356.89 crore in the previous year. Profit after tax for the year stood at ₹23.20 crore. For the quarter ended March 31, 2026, revenue increased by 36.20% year-on-year to ₹138.46 crore, while PAT rose 7.62% to ₹4.77 crore. The board approved the Standalone and Consolidated Audited Financial Statements and Results on May 23, 2026. Subsequently, the company issued a corrigendum on May 26, 2026, to correct a printing mistake in the notice published in a regional Punjabi newspaper, Rozana Spokesman.

Financial Performance Overview

The company achieved production volumes of 52,620 tons during FY26, registering a growth of 30.62% compared to the prior year. EBITDA for the year grew 24.30% to ₹71.03 crore. In Q4 FY26, EBITDA increased by 16.21% to ₹16.64 crore.

*Excluding Other Income

Operational Highlights

Management attributed the revenue growth to healthy demand from key OEM customers and improved production volumes. EBITDA per ton for FY26 stood at ₹13,499, while realization per ton improved to ₹91,780. The company noted that margins remained under pressure due to elevated raw material costs and changes in product mix.

Strategic Developments

During the year, Pritika Engineering Components Limited, a subsidiary, initiated investment in Omnia Engineering Inc., USA. Upon completion of the allotment process, Omnia Engineering Inc. will become a wholly owned subsidiary of Pritika Engineering Components Limited and a step-down subsidiary of the company, strengthening its international presence.