Bondada Engineering Limited , a key player in India's infrastructure landscape, has unveiled ambitious expansion plans across multiple sectors while reporting robust financial results for the first half of FY2026.

Expansion Strategy

The company aims to leverage its 14-year expertise in Engineering, Procurement, and Construction (EPC) to significantly scale up operations. Bondada's growth strategy focuses on three key areas:

1. Battery Energy Storage Systems (BESS)
2. Defence sector
3. Data centre operations and maintenance

The company has set a target to achieve an order book of ₹20,000 crores by FY2027, building on its integrated renewables-telecom infrastructure model.

Financial Highlights H1FY26

Bondada Engineering has reported strong financial performance for the first half of FY2026:

Segment-wise Performance

The company's revenue mix for H1FY26 shows a diversified portfolio:

Order Book and Future Outlook

As of October 28, 2025, Bondada Engineering's total order book stands at approximately ₹59,890 crore, providing strong visibility for future growth. The order book is well-diversified across business units:

• Renewable Energy (Solar EPC, IPP, BESS): ₹45,730 crore
• Telecom (EPC & O&M): ₹9,980 crore
• Indian Railways (Kavach Infra, Signalling): ₹2,280 crore
• Products: ₹1,900 crore

Additionally, the company has L1 orders worth ₹26,280 crore awaiting Letter of Award (LOA) and has submitted tenders for projects valued at ₹75,310 crore.

Strategic Initiatives

1. New Subsidiaries: The company has incorporated two new entities:

   • Greenbond RE Park Private Limited: A Special Purpose Vehicle (SPV) for developing a 2 GW solar power project, with Bondada Engineering holding a 51% stake.
   • Bondada Dynamics Private Limited: Established to mark Bondada's entry into the defence sector.

2. Manufacturing Expansion: In August 2025, the company launched a new 21,500 sq. ft. manufacturing facility (BTP-1) in Bogaram, Hyderabad, for its subsidiary Atpole Technologies Private Limited.

3. Employee Stock Options: The company allotted 2,01,000 equity shares at ₹2 each under its ESOP-2024 scheme in April 2025.

4. Share Warrants Conversion: Bondada Engineering converted share warrants worth ₹5,499.79 lakhs into 15,66,000 equity shares at a premium of ₹349.20 per share in May 2025.

With its strong order book, diversified business portfolio, and strategic expansion plans, Bondada Engineering appears well-positioned to capitalize on the growing infrastructure opportunities in India. The company's focus on emerging sectors like BESS and data centres, coupled with its entry into the defence sector, indicates a forward-looking approach to sustainable growth.

Investors and market watchers will likely keep a close eye on Bondada's execution capabilities and its ability to maintain profitability as it pursues its growth targets in the coming years.

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.