Systematic Industries FY26 net profit rises 16% to ₹210.1 million
Systematic Industries Limited reported a 16.4% rise in FY26 net profit to ₹210.1 million, with revenue increasing 23.9% to ₹5,563 million. The company achieved a net-debt free status and secured key EPC contracts from PGCIL and Indian Railways.

*this image is generated using AI for illustrative purposes only.
Systematic Industries Limited reported a 16.4% increase in net profit to ₹210.1 million for the financial year ended March 31, 2026, compared to ₹180.6 million in the previous year. Revenue from operations for the year rose 23.9% to ₹5,563 million from ₹4,492 million in FY25. The company achieved a net-debt free status as on March 31, 2026, strengthening its balance sheet through repayment of borrowings. The board approved the standalone audited financial results for the half year and financial year ended March 31, 2026, at a meeting held on May 26, 2026.
Financial Performance
The company's EBITDA for FY26 stood at ₹405 million, up 9.7% from ₹369 million in the prior year, with an EBITDA margin of 7.3%. Basic earnings per share (EPS) for the year adjusted to the bonus issue were ₹10.74, compared to ₹10.75 in the previous year. For the half year ended March 31, 2026, the company recorded a net profit of ₹117 million on revenue of ₹3,006 million.
The following table summarises the full-year standalone financial performance:
| Metric | FY26 (₹ in Mn) | FY25 (₹ in Mn) |
|---|---|---|
| Total Revenues | 5,563 | 4,492 |
| EBITDA | 405 | 369 |
| Net Profit | 210 | 181 |
| Basic EPS | 10.74 | 10.75 |
Strategic Developments
During the year, the company secured its first EPC contract from Power Grid Corporation of India Limited (PGCIL) for the supply and installation of Optical Ground Wire (OPGW) cable. It also received a landmark order from Indian Railway worth over ₹100 million for the supply of optical fibre cables. Additionally, the company exported OPGW cables at the beginning of FY27. Management indicated a robust order pipeline of ₹250 million for new product segments.
Board Decisions
The board appointed M/s KDA & Associates, Practicing Company Secretaries, as the secretarial auditors for the financial year 2026-27 based on the recommendation of the Audit Committee. The statutory auditors, M/s Hardik Vora & Associates, issued an audit report with an unmodified opinion on the standalone financial results.
How will the new EPC contract with PGCIL impact Systematic Industries' revenue mix in FY27?
What are the company's capital allocation plans following its transition to a net-debt free status?
Can the robust order pipeline of ₹250 million be sustained throughout the upcoming fiscal year?






























