AE

Apex Ecotech

Q2 FY26Other Utilities

Apex Ecotech Q2 FY26: Order Book ₹145 Cr

Q2 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹255
Market cap₹344 Cr
P/E20.2
Updated26 Aug 2026
Read4 min read

The short version

Apex Ecotech projects rapid growth ahead, fueled by a strong and expanding inquiry base. Apex Ecotech is experiencing rapid growth supported by a large order book (~₹145 Cr) and significant upcoming execution, especially a major Reliance order (70% to be executed in FY26).

From Apex Ecotech's Q2 FY26 earnings-call transcript · updated 26 Aug 2026.

Revenue & Sales Performance

  • Apex Ecotech projects rapid growth ahead, fueled by a strong and expanding inquiry base.
  • The company is executing significant orders, including a major Reliance Consumer order requiring about 70% execution within FY26, indicating increased revenue.
  • Focus on large-ticket projects in municipal and desalination sectors signals upward scaling in volumes and sales.
  • The IPO proceeds have strengthened financial capabilities, enabling better scaling and handling larger orders.
  • Ongoing expansion into multiple sectors (14 industries) and international markets (Vietnam, Indonesia, Middle East) supports diversified growth.
  • Innovation in technologies like Zero Liquid Discharge and partnerships with global tech providers enhance competitive advantage and growth potential.

2 more points from Apex Ecotech's call on revenue

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Profitability & Margins

See what Apex Ecotech said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • The transcript does not explicitly mention any current or planned capital expenditure (capex) or strategic investments.
  • The company highlights the use of IPO proceeds primarily for working capital and scaling up operations rather than specific capex projects.
  • Focus remains on executing existing large orders, particularly from Reliance and others, suggesting operational expansion over new fixed capital investment at this time.
  • There is mention of exploring new markets such as Vietnam, Indonesia, and the Middle East, indicating potential future strategic geographic expansion but no direct mention of investment specifics.

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Top-ranked in Other Utilities

Ranked on what management guided this quarter

Guidance-ranked
1Z-Tech (India)
Rev 1Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Apex Ecotech said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • The current order book stands at approximately ₹145 crores, with the bulk coming from a major order from Reliance Consumer Products Limited (₹100 to ₹125 crores range).
  • Around 70% of the Reliance order is expected to be executed within the current financial year (FY26).
  • Additional orders include Bharatiyam Beverages (₹10-15 crores) and Pragati Power Corporation Limited (₹3-5 crores) under execution.

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Frequently Asked Questions

What were Apex Ecotech Q2 FY26 results?

Apex Ecotech projects rapid growth ahead, fueled by a strong and expanding inquiry base. Apex Ecotech is experiencing rapid growth supported by a large order book (~₹145 Cr) and significant upcoming execution, especially a major Reliance order (70% to be executed in FY26).

What is Apex Ecotech share price analysis?

Apex Ecotech currently shows a neutral. The stock trades at a P/E of 20.2 with a market cap of ₹344 Cr. Investors should review the full earnings analysis for detailed insights.

Is Apex Ecotech planning capital expenditure?

The transcript does not explicitly mention any current or planned capital expenditure (capex) or strategic investments.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.