L.T. Elevator Limited Reports 140% Revenue Growth in H1FY26
L.T. Elevator Limited announced impressive H1FY26 financial results, showcasing significant growth. Total income increased by 140% to ₹46.99 Cr, EBITDA grew by 289% to ₹10.01 Cr, and PAT surged by 597% to ₹6.45 Cr. The company's EBITDA margin improved to 21.3%, while PAT margin reached 13.6%. L.T. Elevator successfully entered the ₹2000 crore home elevator market and expects continued growth in the second half. The company's performance is attributed to its integrated business model and increased share of high-margin government projects.
*this image is generated using AI for illustrative purposes only.
L.T. Elevator Limited (BSE: 544518), a leading provider of elevators and automated parking solutions, has announced its unaudited financial results for the first half of the fiscal year 2026 (H1FY26), showcasing remarkable growth across key financial metrics.
Financial Highlights
The company's performance for H1FY26 demonstrates significant year-on-year improvements:
| Particulars | H1FY25 | H1FY26 | Y-o-Y Change |
|---|---|---|---|
| Total Income (₹ Cr) | 19.59 | 46.99 | 140% |
| EBITDA (₹ Cr) | 2.57 | 10.01 | 289% |
| EBITDA Margins (%) | 13.1% | 21.3% | 818 BPS |
| PAT (₹ Cr) | 1.08 | 6.45 | 597% |
| PAT Margins (%) | 6.4% | 13.6% | 723 BPS |
Note: H1FY26 results include consolidated figures post-acquisition, while the year-on-year growth comparison is based on standalone data.
Key Performance Indicators
- Revenue Growth: The company's consolidated revenue from operations increased to ₹46.89 crore, up from ₹36.97 crore in the previous period.
- Profit Surge: Consolidated profit for the period rose to ₹6.45 crore from ₹7.86 crore previously.
- Standalone Performance: On a standalone basis, revenue reached ₹31.87 crore compared to ₹27.32 crore, with a profit of ₹3.95 crore versus ₹5.58 crore in the prior period.
- Liquidity Improvement: Cash and cash equivalents significantly improved to ₹20.70 crore from ₹4.27 crore.
- Earnings Per Share: Basic earnings per share stood at ₹9.14 for consolidated results and ₹5.60 for standalone results.
Management Commentary
Mr. Yash Gupta, Director of L.T. Elevator Limited, expressed enthusiasm about the company's performance, stating, "We are thrilled to report over 140% revenue expansion and 597% growth in PAT year over year in our first half-year results post successful listing on BSE SME." He attributed the performance to the company's vertically integrated Engineering + O&M model, robust order wins from Indian Railways and other government bodies, and a growing share of high-margin B2G projects.
Business Highlights
- Successfully delivered 3 state-of-the-art single-phase home elevators at a prestigious duplex project in Kolkata.
- Entered the ₹2000 crore niche B2C home elevator market with innovative solutions.
- Expects a strong second half, with margins anticipated to sustain or expand due to an increased share of government and infrastructure contracts.
Market Outlook
With India's elevator and parking markets projected to grow at a 15-20% CAGR through 2030, L.T. Elevator Limited is well-positioned for continued growth. The company's in-house engineering capabilities, full-stack manufacturing, and leadership in automated multi-level parking through its wholly-owned subsidiary LT ParkSmart provide a strong foundation for future expansion.
About L.T. Elevator Limited
Incorporated in August 2008, L.T. Elevator Limited is a leading East India-based manufacturer offering end-to-end elevator solutions and automated parking systems. The company serves real estate developers, hospitals, premium residential projects, and government institutions, including Indian Railways and smart city initiatives, on a turnkey Engineering + O&M basis.
The Board of Directors approved these unaudited financial results at their meeting held on November 11, 2025. The results include the performance of the company's wholly-owned subsidiary, Park Smart Solutions Limited.
19
