Thejo Engineering FY26 revenue rises 14.4% to ₹63,209 lakh
Thejo Engineering Limited reported a 14.4% year-on-year increase in revenue from operations to ₹63,209 lakh for FY26, while profit after tax declined 6.6% to ₹4,885 lakh. Q4 revenue grew 18.3% to ₹18,117 lakh, with EBITDA decreasing 3.7% to ₹2,757 lakh. The management attributed the top-line growth to sustained customer engagement and capacity expansion.

*this image is generated using AI for illustrative purposes only.
Thejo Engineering Limited reported a 14.4% year-on-year increase in revenue from operations to ₹63,209 lakh for the financial year ended March 31, 2026, while profit after tax (PAT) declined 6.6% to ₹4,885 lakh. The company announced its financial results for the fourth quarter and full year at its Board Meeting held on May 27, 2026. The strong top-line growth was driven by sustained customer engagement and execution across key markets, despite a challenging operating environment during the year.
FY26 Financial Performance
For the full year, revenue from operations rose to ₹63,209 lakh from ₹55,274 lakh in FY25. EBITDA stood at ₹8,968 lakh, a decrease of 3.3% from the previous year's ₹9,276 lakh. The EBITDA margin for FY26 was 14.2%, compared to 16.8% in FY25. Net profit for the year decreased to ₹4,885 lakh from ₹5,231 lakh in the prior year, with a PAT margin of 7.7%.
Q4 Performance Highlights
In the quarter ended March 31, 2026, revenue grew 18.3% year-on-year to ₹18,117 lakh from ₹15,319 lakh in Q4 FY25. EBITDA for the quarter was ₹2,757 lakh, a decrease of 3.7% from ₹2,864 lakh in the same period last year. PAT for Q4 FY26 stood at ₹1,659 lakh, a marginal increase of 0.1% compared to ₹1,658 lakh in Q4 FY25. The EBITDA margin for Q4 was 15.2%, while the PAT margin was 9.2%.
| Particulars (₹ Lakhs) | Q4 FY26 | Q4 FY25 | YoY | FY26 | FY25 | YoY |
|---|---|---|---|---|---|---|
| Revenue from Operations | 18,117 | 15,319 | 18.3% | 63,209 | 55,274 | 14.4% |
| EBITDA* | 2,757 | 2,864 | -3.7% | 8,968 | 9,276 | -3.3% |
| PAT | 1,659 | 1,658 | 0.1% | 4,885 | 5,231 | -6.6% |
*Before exceptional items
Management Commentary
Mr. V.A. George, Executive Chairman of Thejo Engineering Limited, stated that the company delivered healthy top-line growth driven by demand for specialised engineering solutions. He highlighted that the company continued to strengthen manufacturing capabilities and expand its global presence through ongoing capacity expansion initiatives. The management expressed confidence based on a healthy order book and expanding operational capabilities, positioning the company to capitalise on emerging opportunities in productivity and efficiency.
Historical Stock Returns for Thejo Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.14% | -4.74% | -10.61% | -7.34% | -17.03% | +136.48% |
What specific measures is management taking to arrest the decline in EBITDA and PAT margins amidst rising revenue?
How will the ongoing capacity expansion initiatives impact capital expenditure and free cash flow in the coming fiscal year?
What is the size of the current order book, and how does it translate into revenue visibility for the first half of FY27?



























