Bondada Engineering Limited has announced its unaudited financial results for the first half of fiscal year 2026, showcasing substantial growth across key financial metrics.

Revenue Surge

The company reported a significant increase in consolidated revenue from operations, reaching Rs 1,21,667.22 lakhs for the six months ended September 30, 2025. This represents a remarkable 153% growth compared to Rs 48,059.96 lakhs in the corresponding period of the previous year.

Profit Expansion

Bondada Engineering's consolidated profit after tax (PAT) saw an impressive rise, more than doubling to Rs 9,256.02 lakhs from Rs 3,688.50 lakhs in the same period last year, marking a 151% increase.

Segment Performance

The company operates through three segments: EPC (Engineering, Procurement, and Construction), Services, and Products. The EPC segment emerged as the primary revenue driver, contributing significantly to the overall growth.

Financial Highlights

Standalone Performance

On a standalone basis, Bondada Engineering reported equally impressive results:

• Revenue reached Rs 1,11,680.74 lakhs, up from Rs 44,045.44 lakhs in H1 FY25, showing a 154% increase.
• Standalone profit after tax grew to Rs 8,256.70 lakhs compared to Rs 3,406.59 lakhs in the previous year, representing a 142% rise.

Strategic Developments

During the period, Bondada Engineering made several strategic moves to strengthen its market position:

1. Incorporation of two new subsidiaries:

   • Greenbond RE Park Private Limited: Established for a 2 GW solar power project.
   • Bondada Dynamics Private Limited: Formed to enter the defense sector.

2. Expansion of manufacturing capabilities:

   • Launched a new manufacturing facility at Bogaram, Hyderabad for its subsidiary, Atpole Technologies Private Limited.

3. Capital restructuring:

   • Converted share warrants worth Rs 5,499.79 lakhs into equity shares.

Conclusion

Bondada Engineering's H1 FY26 results demonstrate robust growth across its business segments. The significant increase in revenue and profitability, coupled with strategic expansions into new sectors like solar power and defense, positions the company for continued growth in the coming quarters.

Investors and stakeholders will likely be watching closely to see if Bondada Engineering can maintain this growth trajectory and successfully capitalize on its new ventures in the renewable energy and defense sectors.

Bondada Engineering Limited (BEL) has received a significant boost to its order book with a Letter of Intent (LOI) from Adani Group for a large-scale solar project. The company is set to play a crucial role in India's renewable energy sector.

Project Details

The LOI outlines a comprehensive scope of work for a 650 MW Solar Power Project at Khavda Renewable Energy Park, Gujarat. Here are the key aspects of the project:

Scope of Work

Bondada Engineering's responsibilities for this project are extensive, encompassing:

• Supply of Goods for the Balance of System (BOS)
• Complete design and engineering
• Manufacturing and procurement
• Quality assurance, packing, and on-site delivery
• Installation, testing, and commissioning
• Associated civil, mechanical, electrical, and structural works

Significance for Bondada Engineering

This LOI represents a significant milestone for Bondada Engineering, reinforcing its position in the renewable energy infrastructure domain. The project aligns with India's clean energy mission and substantially strengthens the company's order book and execution pipeline.

Corporate Governance

In line with regulatory requirements, Bondada Engineering has promptly disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has confirmed that this contract does not fall under related party transactions, and there is no interest from the promoter/promoter group in the awarding entities.

Upcoming Financial Results

Bondada Engineering has scheduled a Board Meeting for October 28, 2025, to consider and approve the unaudited Financial Results for the half year ended September 30, 2025. The trading window for the company's shares will remain closed from October 1, 2025, to October 30, 2025, in compliance with regulatory norms.

This project win comes at an opportune time for Bondada Engineering, potentially impacting its financial performance positively in the coming quarters. Stakeholders will be keenly watching how this large-scale project contributes to the company's growth trajectory in the burgeoning renewable energy sector.