Shri Balaji Q3 FY26 Results & Concall Highlights: Revenue ₹140 Cr
Published 26 Aug 2026 | Industrial Manufacturing | Market Cap: ₹93 Cr
Revenue is expected to surpass ₹100 crore by FY26. The company aims to surpass ₹100 crore revenue by FY26 and reach ₹130-140 crore post-capacity expansion within the next two years.
From Shri Balaji's Q3 FY26 earnings-call transcript · updated 26 Aug 2026.
Price
₹114
Market Cap
₹93 Cr
P/E Ratio
10.9
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📊 Revenue & Sales Performance
- →Revenue is expected to surpass ₹100 crore by FY26.
- →Optimum revenue potential post-expansion is around ₹130 to ₹140 crore.
- →Growth trajectory aims to break the 80-90 crore revenue band and regain 30-35% growth seen pre-IPO within 1-2 years.
- →New product developments and broadening portfolio (flanges, triple offset valve bodies, discs) will fuel growth.
- →Collaboration with strategic domestic foundries to enhance casting capabilities.
- →International business expanding with new customers, including Middle East orders expected to reach $400,000 to $500,000 annually.
- →Improved operational efficiencies and reduced lead times (some orders within 4 weeks) support increased volumes.
- →Increased in-house forging capacity utilization will also positively impact topline and margins.
- →Domestic market growth, aided by government trade initiatives, contributes to positive momentum.
📈 Profitability & Margins
- →The company aims to surpass ₹100 crore revenue by FY26 and reach ₹130-140 crore post-capacity expansion within the next two years.
- →Expected annual revenue potential from certain trial orders and product developments is around USD 5 million.
- →Operating profit margins are expected to be sustained at around 15-17%.
- →EBITDA and PAT margins are projected to be stable, with confidence in positive growth once trade tariffs issues are resolved.
- →Recent capacity improvements and addition of new machines will help reduce bottlenecks and improve on-time delivery, supporting top-line and EBITDA growth.
- →Earnings per share (EPS) showed positive momentum, increasing from 2.20 to 3.36 lakhs in H1.
- →The company plans to enhance product portfolio and expand domestic and international customer base to sustain long-term growth.
🏗️ Capital Expenditure Plans
- →Capex investment has been initiated on the recently acquired D2 250 plot from MIDC as per required norms.
- →Four new machines (2 CNCs and 2 BMCs) were purchased and are being commissioned from February to ease bottlenecks and improve delivery timelines.
- →The third plant is in final stages of commissioning, with plans to add a few new machines over the year.
- →Collaboration with 4 to 6 foundries across India (including Karnataka, Tamil Nadu, and Gujarat) as strategic partners for casting, supplying fully finished components to customers.
- →No immediate plans to integrate into valve manufacturing or to get into casting operations independently.
- →Management is working on a detailed capex plan for the next few years and will share specifics with investors later.
💰 Fundraising & Capital Structure
- →There is no explicit mention of any current or future fundraising through debt or equity in the transcript.
- →Mr. Shrinivas Laxmikant Kole indicated ongoing consultations with stakeholders for utilization of the fourth plant but did not mention any specific financing plans.
- →Capex investments are being initiated for a recently acquired plot (D2 250 plot) with no detailed funding information shared.
- →The company is working on a total capex plan for the next few years but has yet to finalize or share details with investors.
- →Overall, no definitive plans or announcements regarding raising funds via debt or equity were disclosed during the call.
📋 Order Book & Pipeline
- →Current order book is around ₹16 crore as of 15th January 2026.
- →The company expects to execute almost all orders within the next 6 to 7 weeks.
- →Around 90% to 95% of the orders are expected to be completed within 6 to 8 weeks.
- →A few orders (1% to 5% of the order book) may have longer execution periods.
- →The company is experiencing positive momentum in order execution despite some delays in Q3 due to Diwali vacations and bottlenecks.
- →Addition of 4 new machines (2 CNCs and 2 BMCs) is easing bottlenecks and improving on-time delivery.
Key Metrics
Frequently Asked Questions
What were Shri Balaji Q3 FY26 results?
Revenue is expected to surpass ₹100 crore by FY26. The company aims to surpass ₹100 crore revenue by FY26 and reach ₹130-140 crore post-capacity expansion within the next two years.
What is Shri Balaji share price analysis?
Shri Balaji currently shows a neutral. The stock trades at a P/E of 10.9 with a market cap of ₹93 Cr. Investors should review the full earnings analysis for detailed insights.
Is Shri Balaji planning capital expenditure?
Capex investment has been initiated on the recently acquired D2 250 plot from MIDC as per required norms.
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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.