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Saakshi Medtech & Panels Ltd

Q2 FY26Electrical Equipment

Saakshi Medtech & Panels Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management said on revenue, margins and capex.

Price₹289
Market cap₹521 Cr
P/E42.4
Updated26 Aug 2026
Read5 min read

What the Q2 FY26 call signalled

2 of 5 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned
FundraiseNo fundraise planned
Order bookOrder book rising

The short version

The company targets revenue of around Rs. The company expects approximately 15% revenue growth in H2 FY'26 compared to H1 FY'26. - For FY'27 and beyond, growth drivers include aerospace and radiator businesses expected to significantly boost revenues. - Aerospace segment is anticipated to contribute around 20% of revenue within the next couple of years with better-than-20% EBITDA margins. - Radiator business margins are expected around 20% once scaled. - EBITDA margins improved to around 18.7% in H1 FY'26 and are expected to sustain at similar levels in the near term. - Operating leverage and new high-margin segments (aerospace, radiators) are key margin expansion drivers. - The potential revenue target from current assets gross block (~Rs.

From Saakshi Medtech & Panels Ltd's Q2 FY26 earnings-call transcript · updated 26 Aug 2026.

Revenue & Sales Performance

Moderate growth
  • The company targets revenue of around Rs. 140 crores for the current financial year FY'26, with H2 expected to outperform H1 by roughly 15%.
  • Significant growth drivers include aerospace and EV business segments, showing strong momentum and new opportunities.
  • The aerospace segment has seen nearly a 7-fold growth in H1 FY'26 compared to H1 FY'25 and is expected to contribute up to 20% of revenue within a couple of years.
  • Radiator business is set to contribute significantly starting FY'27, supported by a new facility and early customer interest.
  • Order book visibility is typically quarterly; currently, about Rs. 50 crores of orders for the ongoing quarter, with defense orders being a small portion (~5%).

2 more points from Saakshi Medtech & Panels Ltd's call on revenue

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Profitability & Margins

See what Saakshi Medtech & Panels Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Current CAPEX includes ongoing infrastructure build-out with Rs. 15 crores invested and Rs. 9.4 crores in CWIP (Page 5).
  • New term loans have been taken for constructing the first floor of the newly acquired facility (Page 10).
  • Final CAPEX of around Rs. 5 crores is expected for completing the new facility, which consolidates three previous locations (Page 10).
  • No significant new CAPEX is planned beyond this as future expansion and growth will be funded mainly through cash flows generated by the business, without additional debt (Page 10).

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Top-ranked in Electrical Equipment

Ranked on what management guided this quarter

Guidance-ranked
1Waaree Energies Ltd
Rev 1Mar 1
2MTAR Technologies Ltd
Rev 1Mar 1
3
Rev 1Mar 1
4
Rev 1Mar 2
5
Rev 1Mar 2
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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 Saakshi Medtech & Panels Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Order book rising
  • Current quarter order book stands at approximately Rs. 50 crores.
  • Defense portion forms about 5% of the current order book.
  • The Mahindra EV Panel's 5-year order remains intact with ongoing execution; Rs. 10 crores executed from Feb '24 to Sept '25, with around Rs. 230 crores pending over the next 4 years.
  • The company typically has rolling quarterly visibility on orders rather than a long-term order book.

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What Saakshi Medtech & Panels Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Saakshi Medtech & Panels Ltd Q2 FY26 results?

The company targets revenue of around Rs. The company expects approximately 15% revenue growth in H2 FY'26 compared to H1 FY'26. - For FY'27 and beyond, growth drivers include aerospace and radiator businesses expected to significantly boost revenues. - Aerospace segment is anticipated to contribute around 20% of revenue within the next couple of years with better-than-20% EBITDA margins. - Radiator business margins are expected around 20% once scaled. - EBITDA margins improved to around 18.7% in H1 FY'26 and are expected to sustain at similar levels in the near term. - Operating leverage and new high-margin segments (aerospace, radiators) are key margin expansion drivers. - The potential revenue target from current assets gross block (~Rs.

What is Saakshi Medtech & Panels Ltd share price analysis?

Saakshi Medtech & Panels Ltd currently shows a below-average growth signal. The stock trades at a P/E of 42.4 with a market cap of ₹521 Cr. Investors should review the full earnings analysis for detailed insights.

Is Saakshi Medtech & Panels Ltd planning capital expenditure?

Current CAPEX includes ongoing infrastructure build-out with Rs.

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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.