Pennar Industries Limited — Q1FY27 earnings call summary

Filed 14 August 2026 · Official transcript

PEB India order book at INR1,008 Cr; PEB US backlog crossed USD100M; both expected double-digit growth in Q2
Q1 FY27 revenue grew 3.58% y-y to INR884.55 Cr; PBT up 16.04% to INR46.8 Cr
Engineering Services grew 26.3% in Q1; Tech Pennar expected to improve from Q2
Operating margins expected to reach 7% PBT in 2-3 years; ROCE target 25%
Order backlog strong across segments; capacity ready to execute growth
Employee costs rose 16%, mainly due to US expansion; finance cost stable
PBT margin improved to 5.38% from 4.77% y-y; ROCE ~20%, ROE ~12%
Management confident in sustainable margin and profit growth trajectory