Ramky Infrastructure Ltd
Ramky Infrastructure Q2 FY26 earnings call: Revenue & Margins
Q2 FY26 earnings call: what management guided on revenue, margins and order book.
What the Q2 FY26 call signalled
3 of 5 strong
The short version
The company targets closing close to INR 2,400 crore in revenue for the current fiscal year (FY26). Revenue for FY26 expected around INR 2,400 crore, with INR 1,600 crore to be booked in next two quarters (Q3 and Q4 FY26). - Order backlog currently INR 9,200 crore; expected to rise to INR 12,000 crore by FY27 end. - Execution of INR 7,600 crore (order book less INR 1,600 crore) expected over next two years: approx.
From Ramky Infrastructure Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- The company targets closing close to INR 2,400 crore in revenue for the current fiscal year (FY26).
- Execution of INR 1,600 crore of the current order book is expected in the remaining two quarters of FY26.
- The total existing order book stands at INR 9,200 crore, with INR 7,600 crore expected to be executed in the next two years (INR 3,600 crore in FY27 and slightly more in FY27-FY28 due to accelerated projects).
- Order inflow guidance aims at INR 12,000 crore backlog by FY27 end, maintaining a 2.5x to 3x order book visibility for 2-3 years.
- International market expansion focused on Middle-East and Africa is underway with expected breakthroughs in the next two quarters.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Ramky Infrastructure Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- The latest awarded Hyderabad water HAM project has a job value of INR 2,085 crore with a CapEx of INR 1,600 crore.
- Funding structure for this project typically involves 40% payments during construction, with remaining requirements met through debt and equity, usually 30% equity and 70% debt.
- The company is in advanced stages of financial closure for this project, expected to complete by January 2026.
- Strategic focus includes enhancing international presence in Middle-East and Africa through water and wastewater projects and industrial parks.
- The company is exploring innovative funding strategies beyond traditional banks to support large infrastructure projects while managing debt-equity ratios.
2 more points management made on capital expenditure plans
Top-ranked in Construction
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Ramky Infrastructure Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current order book stands at INR 9,200 crore.
- Segment-wise breakdown: Industrial - INR 4,000 crore, Water & Wastewater - INR 2,700 crore, Building Construction - INR 2,000 crore, Urban Solutions & others - INR 500 crore.
- Expected execution of INR 1,600 crore orders in the current year.
- The remaining INR 7,600 crore of the order book is expected to be completed over the next two years (INR 3,600 crore in the next year and the balance INR 3,600 crore afterward).
- Slightly higher execution expected in FY26-FY27 due to acceleration in certain water wastewater projects.
2 more points management made on order book & pipeline
Ramky Infrastructure Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹507 Cr, net profit ₹52 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Ramky Infrastructure Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Ramky Infrastructure Ltd Q2 FY26 results?
The company targets closing close to INR 2,400 crore in revenue for the current fiscal year (FY26). Revenue for FY26 expected around INR 2,400 crore, with INR 1,600 crore to be booked in next two quarters (Q3 and Q4 FY26). - Order backlog currently INR 9,200 crore; expected to rise to INR 12,000 crore by FY27 end. - Execution of INR 7,600 crore (order book less INR 1,600 crore) expected over next two years: approx.
What is Ramky Infrastructure Ltd share price analysis?
Ramky Infrastructure Ltd currently shows a below-average growth signal. The stock trades at a P/E of 14.4 with a market cap of ₹2,699 Cr. Investors should review the full earnings analysis for detailed insights.
Is Ramky Infrastructure Ltd planning capital expenditure?
The latest awarded Hyderabad water HAM project has a job value of INR 2,085 crore with a CapEx of INR 1,600 crore.
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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.