Srigee DLM targets ₹100 cr revenue in FY27, margins to expand
Srigee DLM Limited reported a 37.16% increase in FY26 net profit to ₹686.72 lakh, with total income rising to ₹7,230.50 lakh. For H2 FY26, net profit more than doubled to ₹552.56 lakh. The company launched its 'Polymos' brand and is expanding capacity at a new Greater Noida facility. Management targets ₹100 crore revenue in FY27 and ₹200-250 crore in FY28, driven by new customer additions and backend integration.
*this image is generated using AI for illustrative purposes only.
Srigee DLM Limited reported a 37.16% increase in net profit to ₹686.72 lakh for the financial year ended March 31, 2026, compared to ₹500.66 lakh in the previous year. Total income for FY26 rose to ₹7,230.50 lakh from ₹7,136.85 lakh in FY25. The board approved the standalone audited financial results for the half-year and year ended March 31, 2026, at a meeting held on May 30, 2026. An investor presentation detailing these results was submitted to the exchange on June 10, 2026.
For the half-year ended March 31, 2026, net profit was ₹552.56 lakh, while total income stood at ₹5,433.65 lakh. The statutory auditor, M/s A M G K & Associates, issued an unmodified opinion on the financial results.
Financial Performance
| Metric | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|
| Total Income | 7,230.50 | 7,136.85 |
| EBITDA | 923.09 | 749.97 |
| PAT | 686.72 | 500.66 |
| PAT Margin | 9.06% | 7.02% |
| Basic EPS (₹) | 11.50 | 11.76 |
| Metric | H2 FY26 (₹ in Lakhs) | H2 FY25 (₹ in Lakhs) |
|---|---|---|
| Total Income | 5,433.65 | 3,521.43 |
| EBITDA | 688.80 | 383.17 |
| PAT | 552.56 | 269.95 |
| PAT Margin | 10.17% | 7.67% |
| EPS (₹) | 9.25 | 6.34 |
The earnings per share (EPS) for the full year stood at ₹11.50, compared to ₹11.76 in the previous year. The company’s paid-up equity share capital increased to ₹597.36 lakh in FY26 from ₹425.88 lakh in FY25, following an issue of equity shares.
Operational Highlights
The company operates three integrated facilities in Noida, Uttar Pradesh, with a total installed capacity of 6,550 lakh. For FY26, the capacity utilization for Injection Moulding & Assembly was 199.25%, while Polymer Compounding utilization stood at 43.38%. The company launched its own polymer resin brand ‘Polymos’ during the year.
IPO Fund Utilization
The company raised ₹1,697.65 lakh through its Initial Public Offer (IPO) in May 2025. As of March 31, 2026, ₹665.52 lakh has been utilized towards the stated objects, leaving ₹1,032.13 lakh unutilized. The funds are primarily parked in fixed deposits and bank accounts. The manufacturing plant site was reallocated from Plot 15, Ecotech X to Plot R 11A, DMIC IITGN, Greater Noida, following approvals. Construction has commenced for a new manufacturing facility in Ecotech-10, Greater Noida.
Management Guidance
During an earnings call held on June 11, 2026, management stated that the company targets a revenue of ₹100 crore in FY27 and ₹200 crore to ₹250 crore in FY28. The company plans to commission its new facility at Plot R 11A, Greater Noida, by August 15, 2026, with a planned capital expenditure of ₹25 crore, excluding land acquisition. Management expects margins to improve due to backend integration, including polymer compounding and in-house tool room capabilities, and consolidation of operations into a single larger facility. The company is in talks with three new ODM customers and aims to reduce dependency on top clients, which contributed 91% of revenue in FY26 compared to 95% previously.
In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2018, the trading window remained closed from April 1, 2026, until 48 hours after the declaration of financial results. The filing was signed by Suchitra Singh, Whole-Time Director & CFO.
Historical Stock Returns for Srigee DLM
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.81% | -4.08% | +7.01% | -14.40% | -72.56% | -60.13% |
How will the commissioning of the new Greater Noida facility impact production capacity and unit economics in FY27?
What specific strategies will be employed to diversify the client base beyond the current top three customers?
How will the backend integration of polymer compounding and tool room capabilities affect EBITDA margins going forward?
16
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
