Kilburn Engineering , a leading manufacturer of process equipment and industrial drying systems, has announced strong financial results for the second quarter, demonstrating significant growth across key metrics.

Financial Highlights

The company's consolidated performance for Q2 showcases impressive year-over-year growth:

Key Performance Indicators

• Revenue Growth: Consolidated revenue from operations increased by 48% to ₹153.60 crore, up from ₹103.76 crore in the same quarter last year.
• Profitability: The company's profit after tax (PAT) grew by 77% to ₹26.88 crore, compared to ₹15.22 crore in the previous year's quarter.
• Margin Expansion: EBITDA margin improved significantly, reaching 26.83%, an increase of 418 basis points from 22.66% in the corresponding quarter.

Business Updates

• Order Backlog: As of September 30, the company's order backlog stood at ₹492 crore, providing strong revenue visibility.
• New Orders: Kilburn Engineering received additional orders and Letters of Intent (LOIs) worth ₹129 crore after the quarter-end, further reinforcing its growth momentum.
• Enquiry Pipeline: The company reports a robust enquiry pipeline exceeding ₹4,000 crore, spanning multiple industrial sectors.

Strategic Developments

1. Monga Strayfield Integration: The company has fully integrated Monga Strayfield, which is now contributing positively to execution efficiency and profitability.
2. M.E. Energy Performance: The subsidiary has secured significant orders from ferrous alloys and emerging process industries, expanding its industrial footprint.
3. Core Business Strength: Kilburn's core business continues to see sustained demand from various sectors, including petrochemical, fertilizer, steel, nuclear, and energy recovery, reaffirming its technology leadership.

Management Commentary

Mr. Ranjit Lala, Managing Director of Kilburn Engineering, commented on the results: "This quarter's performance highlights Kilburn's ability to execute complex, high-value projects efficiently while maintaining strong margins. The successful integration of Monga Strayfield has enhanced our product offering and profitability, while M.E. Energy's entry into new sectors continues to diversify our business base."

Mr. Amritanshu Khaitan, Director, added: "Kilburn is entering a new strategic phase focused on scaling up for profitable global growth. We aim to leverage economies of scale, expand exports, and capture a greater share of the US$2–3 billion global industrial dryer market."

Outlook

Kilburn Engineering enters the second half with strong confidence in achieving its 50% topline growth target for the year. The company is focusing on expanding exports, targeting high-value, large-scale projects, and deepening international partnerships to drive global expansion.

Corporate Update

The company has appointed Mr. Abhijit Shevantilal Mehta as the new Company Secretary & Compliance Officer, effective November 12. Mr. Mehta brings over six years of experience working with listed entities and possesses extensive knowledge in corporate laws, Listing Regulations, and corporate governance.

Additionally, during the half year, the company converted 39,50,000 convertible warrants into equity shares upon receipt of balance 75% payment of ₹4,917.75 lakhs.

Kilburn Engineering's strong Q2 performance, coupled with its robust order book and strategic initiatives, positions the company well for continued growth and improved profitability in the coming quarters.

Kilburn Engineering , a prominent player in the engineering sector, has announced a significant boost to its order book. The company has secured new orders valued at Rs 88 crores, marking a substantial addition to its business portfolio.

Order Details

The company's recent regulatory filing provides a comprehensive breakdown of the orders received:

Significance of the Orders

These new orders, totaling Rs 87.87 crores (8,787 lacs), demonstrate Kilburn Engineering's strong market position and its ability to secure diverse projects. The largest order, worth Rs 37.32 crores, involves setting up a chemical process plant for the Heavy Water Board Facility under the Department of Atomic Energy, Government of India. This project highlights the company's capability to handle complex, high-value assignments in critical sectors.

Diverse Portfolio

The order list showcases Kilburn Engineering's versatility in manufacturing various types of industrial equipment:

• Fluid Bed Dryers for the glass fiber industry
• Paddle and Rotary Dryers for different applications
• Specialized Tea Dryers, indicating a strong presence in the tea processing equipment market

Market Implications

This substantial order inflow may have a positive impact on Kilburn Engineering's financial outlook. The diverse nature of these orders, spanning across different industries, suggests a robust demand for the company's products and services.

The company has stated that all the orders received are in the ordinary course of business, indicating a steady flow of projects and a stable market position.

Investors and market watchers may view this development as a positive indicator of Kilburn Engineering's growth trajectory and its ability to maintain a healthy order book in the current economic climate.

As the company continues to secure such significant orders, it may strengthen its position in the engineering sector and potentially lead to improved financial performance in the coming quarters.