Sugs Lloyd FY26 Revenue Surges 71%, PAT Jumps 72%
Sugs Lloyd Limited reported a 71% surge in FY26 revenue to ₹300.73 crore and a 72% increase in PAT to ₹28.69 crore. The company's order book stands at ₹825 crore, supported by the full utilization of ₹85.66 crore in IPO proceeds for working capital and general corporate purposes.

*this image is generated using AI for illustrative purposes only.
Sugs Lloyd Limited has announced its audited financial results for the year ended March 31, 2026, reporting a robust performance with significant growth in revenue and profitability. The company, a leading EPC player in Power T&D, solar, and smart grid solutions, disclosed that its revenue from operations surged 71% to ₹300.73 crore in FY26, compared to ₹176.20 crore in the previous year.
Financial Performance
The strong top-line growth translated into improved profitability metrics. Profit After Tax (PAT) jumped 72% to ₹28.69 crore from ₹16.72 crore in FY25. The EBITDA for the period stood at ₹43.55 crore, up 69% year-on-year, while the EBITDA margin was 14.48%. The Earnings Per Share (EPS) on a diluted basis increased by 38% to ₹14.19.
| Particular | FY26 | FY25 | YoY Change |
|---|---|---|---|
| Revenue From Operation | 300.73 | 176.20 | ▲ 71% |
| EBITDA | 43.55 | 25.77 | ▲ 69% |
| EBITDA Margin (%) | 14.48% | 14.63% | ▼ 15 BPS |
| PAT | 28.69 | 16.72 | ▲ 72% |
| PAT Margin (%) | 9.54% | 9.49% | ▲ 6 BPS |
| EPS (Diluted) | 14.19 | 10.29 | ▲ 38% |
Operational Highlights
The company’s operational expansion was supported by the full utilization of its IPO proceeds. A Monitoring Agency Report confirmed that the total IPO amount of ₹85.66 crore was deployed towards specified objects, including ₹64.00 crore for working capital requirements. This funding facilitated higher purchases of stock-in-trade, which rose to ₹18,356.09 lakhs in FY26 from ₹11,028.90 lakhs in FY25. Additionally, the employee base expanded to support growth.
Sugs Lloyd reported that its order book stands at ₹825 crore, providing strong visibility for future revenue. Management emphasized that net working capital optimization supported the execution of larger and multi-state projects. The company continues to hold over 50% market share in Fault Passage Indicator (FPI) technology and serves blue-chip clients including NTPC, Tata Power, and Adani Renewables.
Historical Stock Returns for Sugs Lloyd
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.97% | +0.29% | -9.30% | +13.54% | -2.70% | -2.70% |
With the ₹825 crore order book fully backed by IPO funds already deployed, how does Sugs Lloyd plan to finance the working capital requirements needed to execute future order inflows in FY27?
Given India's accelerating push under RDSS and renewable energy targets, what is the realistic order book growth trajectory Sugs Lloyd could achieve over the next 2-3 years?
As Sugs Lloyd expands into multi-state projects and larger contracts, how might competitive pressures from larger EPC players impact its ability to maintain its current ~14.5% EBITDA margins?


































