Macpower CNC Machines Ltd Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Published 15 Jul 2026 | Industrial Manufacturing | Market Cap: ₹1.8K Cr

Company expects 25% growth in revenue by FY29 after new plant is fully operational. Macpower CNC targets 25%-30% annual growth in revenue, EBITDA, and PAT over the next few years, starting FY27.

From Macpower CNC Machines Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Price

1,875

Market Cap

₹1.8K Cr

P/E Ratio

45.0

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Macpower CNC Machines Ltd — Quarterly revenue & net profit

Revenue Net Profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹100 Cr, net profit ₹10 Cr.

Full financials →

📊 Revenue & Sales Performance

  • Company expects 25% growth in revenue by FY29 after new plant is fully operational.
  • For FY27 and FY28, revenue growth around 25% is targeted, with capacity constraints easing due to new plant and rental spaces.
  • Order book shows 17% growth, with a strong pipeline of INR958 crores in bids.
  • Expects steady capacity utilization around 85% for the coming year.
  • Export markets are gradually penetrating; currently limited by capacity but expected to grow with new export division.
  • Focus on premium Nexa products, increasing their order book contribution to 39%, which supports higher realizations and margins.
  • More aggressive participation in exhibitions monthly to boost sales.
  • Overall, 20-30% year-on-year sector growth expected over the next five years.
  • EBITDA and PAT growth expected to outpace revenue growth; margins anticipated to improve beyond current 18%.

📈 Profitability & Margins

  • Macpower CNC targets 25%-30% annual growth in revenue, EBITDA, and PAT over the next few years, starting FY27.
  • EBITDA margin expected to improve from current ~18% to 25% after full operation of the new plant and increased backward integration.
  • Revenue growth to reach 25% by FY29, aligned with new plant commissioning and capacity utilization improvements.
  • Focus on premium Nexa products and defense segment contributing to higher margins and profitability.
  • Incremental revenues expected to have direct positive impact on EBITDA due to fixed cost structure.
  • Robust order book and aggressive marketing efforts to drive growth and commission new products.
  • Capacity constraints currently limit growth; resolution expected with new plant, enabling sustainable profit expansion.

🏗️ Capital Expenditure Plans

  • Macpower CNC Machines is planning significant capital investments related to a new plant.
  • They are in the process of acquiring new land for the plant, expected around March 2026, with approvals almost complete.
  • The new plant will have a capacity of 10,000 machines over the next five years.
  • Meanwhile, they are considering renting 50,000 to 100,000 sq.ft. of industrial space temporarily to smoothen production and increase capacity in FY26-27.
  • Funding of CapEx will be through short-term loans and reserve funds; they are negotiating with tech partners but will not give more than 5% equity.
  • The new plant and backward integration are key to achieving 25% EBITDA margin in 2-3 years.
  • Expansion includes setting up a separate export division once capacity increases.
  • They are finalizing technology transfer/joint ventures with international players, pending new land acquisition.

💰 Fundraising & Capital Structure

  • The company is not planning to take investment from the tech partner beyond a maximum of 5% equity.
  • To fund the new plant CapEx, Macpower CNC Machines Limited plans to borrow some short-term loans.
  • They currently have some reserve funds in the bank which will be utilized as temporary short-term funding.
  • If foreign partners agree, they may offer up to 5% equity but not more.
  • No specific mention of raising funds through equity beyond this 5% offer.
  • The company aims to manage funding primarily through short-term borrowing and internal reserves until the new plant is operational.

📋 Order Book & Pipeline

  • Current pending order book stands at INR 375 crores, showing a 17% growth.
  • Domestic bid submissions total INR 639 crores.
  • Defence and aeronautic bids amount to INR 319 crores.
  • Total bidding pipeline is INR 958 crores.
  • Expectation of a stronger order book and increased deliveries in Q4.
  • Target to increase new orders by a minimum of 25% each quarter-on-quarter in FY27.
  • Focus on improving capacity to convert the robust order pipeline into execution.

Key Metrics

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Frequently Asked Questions

What were Macpower CNC Machines Ltd Q3 FY26 results?

Company expects 25% growth in revenue by FY29 after new plant is fully operational. Macpower CNC targets 25%-30% annual growth in revenue, EBITDA, and PAT over the next few years, starting FY27.

What is Macpower CNC Machines Ltd share price analysis?

Macpower CNC Machines Ltd currently shows a neutral. The stock trades at a P/E of 45.0 with a market cap of ₹1,750 Cr. Investors should review the full earnings analysis for detailed insights.

Is Macpower CNC Machines Ltd planning capital expenditure?

Macpower CNC Machines is planning significant capital investments related to a new plant. - They are in the process of acquiring new land for the plant, expected around March 2026, with approvals almost complete. - The new plant will have a capacity of 10,000 machines over the next five years. - Meanwhile, they are considering renting 50,000 to 100,000 sq.ft.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.