Shri Balaji Valve Components Limited Reports 12% Revenue Growth in H1 FY26 During Investor Conference Call
Shri Balaji Valve Components Limited reported 12% revenue growth to ₹41.35 crores in H1 FY26 during its investor conference call on January 20, 2026. The company achieved 79% machining capacity utilization and 50% forging utilization, with domestic sales contributing 78% of revenue. Management highlighted the addition of four new machines and successful completion of a German customer project worth $1-1.5 million annually, while maintaining an order book of ₹16 crores with confidence in surpassing ₹100 crores revenue in FY26.

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Shri Balaji Valve Components Limited held an investor conference call on January 20, 2026, where management presented the company's financial performance and strategic outlook. The Pune-based precision valve component manufacturer demonstrated solid growth momentum while outlining expansion plans and operational improvements.
Financial Performance Highlights
The company reported strong financial results for H1 FY26, showing consistent growth across key metrics:
| Metric | H1 FY26 | H1 FY25 | Growth |
|---|---|---|---|
| Revenue from Operations | ₹41.35 crores | ₹36.96 crores | 12% |
| EBITDA | ₹7.14 crores | ₹5.33 crores | 34% |
| PAT | ₹3.36 crores | ₹2.20 crores | 53% |
CFO Shrinivas Laxmikant Kole highlighted that the company has shifted its revenue mix significantly, with domestic sales now contributing 78% of total revenue compared to 22% from exports. This represents a notable change from the previous year when exports constituted a larger portion of the business.
Operational Capacity and Utilization
The company has demonstrated improved capacity utilization across its manufacturing facilities. Machining capacity utilization reached 79% in H1 FY26, up from 56% in FY24, while forging capacity utilization increased to 50% from 25-26% in the previous period.
| Facility | Current Utilization | Previous Period |
|---|---|---|
| Machining Plant | 79% | 56% (FY24) |
| Forging Plant | 50% | 25-26% |
The company operates with over 130 machines including CNCs, VMCs, HMCs, and specialized equipment across its integrated facilities covering 72,000 square feet of manufacturing area.
Strategic Initiatives and Expansion
Management outlined several key strategic initiatives currently underway. The company has added four new machines - two CNCs and two VMCs - in December 2025 to address bottleneck areas and improve on-time delivery performance. These machines are being commissioned in the third plant, which is in its final stages of completion.
A significant development highlighted during the call was the successful completion of a critical project for a German customer. The engineering team developed 66 component lines ranging from 3 inches to 24 inches within 7-8 months, with production orders expected to commence in February 2026. This project represents potential annual revenue of approximately $1-1.5 million USD.
Order Book and Market Position
As of January 15, 2026, the company maintains an order book of ₹16 crores, with management expecting to execute 90-95% of these orders within 6-8 weeks. The company serves customers across 14 countries and 6 continents, with a strong presence in oil and gas, petrochemicals, power generation, and food and beverage sectors.
| Parameter | Details |
|---|---|
| Current Order Book | ₹16 crores |
| Execution Timeline | 6-8 weeks (90-95% of orders) |
| Global Presence | 14 countries, 6 continents |
| Top 10 Customer Contribution | 60%+ of revenue |
Future Outlook and Revenue Potential
Management expressed confidence in achieving revenue potential of ₹130-140 crores with the expanded capacity post-completion of ongoing expansion projects. The company aims to reach this optimum revenue potential within a maximum of two years. Additionally, management indicated confidence in surpassing ₹100 crores revenue in FY26, representing a significant milestone for the organization.
The company continues to focus on operational efficiency improvements through its engineering department, which has been operational for 12-14 months and has yielded positive results in process optimization and new product development. With integrated facilities covering forging, heat treatment, and machining under one roof, the company maintains its competitive positioning in the precision valve components market.
Historical Stock Returns for Shri Balaji Valve Components
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.25% | -13.06% | -18.35% | -33.42% | -38.02% | -56.62% |



























