Chavda Infra Reports FY26 Results: Revenue Jumps 22.6% to ₹320.6 Crores
Chavda Infra Limited announced its audited financial results for the quarter and financial year ended March 31, 2026, highlighting significant growth in revenue while maintaining operational resilience. The company reported a Revenue From Operations of ₹320.6 crores, marking a 22.6% year-over-year increase.The company posted an EBITDA of ₹58.0 crores, representing a 2.8% year-over-year growth, while the EBITDA margin stood at 18.1%. Profit After Tax (PAT) was recorded at ₹17.0 crores, yielding a PAT margin of 5.3%.
Key Financial and Operational Highlights
In terms of efficiency and capital management, Chavda Infra Limited reported improved metrics compared to the previous fiscal year. The Return On Equity (ROE) stood at 7.7%, down from 1108 basis points (bps), and Return On Capital Employed (ROCE) was 11.5%, a decline of 258 bps.The company noted improvements in working capital cycles, although operational days increased:
- Debtor Days: 134 days, up from 125 days in FY25.
- Working Capital Days: 135 days, up from 76 days in FY25.
- Net Debt To Equity: 0.6x, significantly lower than 1.4x in FY25.
On the business front, the Orderbook currently stands at ₹785 crores, reflecting an 11.7% increase. The Order Inflow for FY26 reached ₹370 crores, a decrease of 17.4%. The company also reported the completion of 5 projects, compared to 8 in FY25, and its total workforce increased to 315, up from 296 in FY25.
Company Profile and Market Focus
Established in 1990 by Mr. Mahesh Chavda, Chavda Infra Limited is a construction and allied services provider headquartered in Ahmedabad, Gujarat. The firm operates as a fully integrated EPC company, offering services across the entire real estate value chain, including planning, design, engineering, procurement, construction, and quality assurance.Geographically, the company services major areas including Ahmedabad, GIFT city, Gandhinagar, Rajkot, and Baroda. Beyond its core construction services, the group operates Chavda RMC LLP, which focuses on Ready Mix Concrete Plants.
Chavda Infra Limited possesses substantial execution capability, having demonstrated experience in constructing high-rise buildings, with the tallest project executed at over 140 meters. The company has successfully worked with over 75 clients across Gujarat and has accumulated an outstanding contract value of key projects as of Q4 FY26 totaling ₹712+ crores.
Historic Financial Performance Snapshot
The company’s financial stability is supported by consistent growth trajectories. Historically, the firm has achieved notable Compound Annual Growth Rates (CAGR) over the last four years (FY22-FY26):| Metric | 4-Year CAGR (FY22-FY26) |
|---|---|
| Revenue from Operations | 31% |
| EBITDA | 39% |
| PAT | 34% |
The infrastructure sector remains a key focus area for growth, supported by regional development initiatives in Ahmedabad, including Metro Rail Phase II and the proposed Mumbai Ahmedabad High-Speed Rail.
Financial Statements (₹ crores)
The following tables summarize the company's financial position and performance for FY26 and FY25.Income Statement
| Particulars | FY26 | FY25 | Trend Change |
|---|---|---|---|
| Revenue from operations | 320.6 | 261.4 | 23% |
| Total operating expenses (incl. other expenses) | 262.6 | 205.0 | 28% |
| EBITDA | 58.0 | 56.4 | 2% |
| EBITDA margin | 18.1% | 21.6% | -350 bps |
| Profit after tax (PAT) | 17.0 | 21.1 | -19% |
| PAT margin | 5.3% | 8.1% | -277 bps |
Balance Sheet (₹ crores)
| Assets | FY26 | FY25 |
|---|---|---|
| Property, plant & equipment | 110.3 | 74.2 |
| Inventories | 98.0 | 74.3 |
| Total Assets | 500.3 | 362.0 |
| Equity capital and reserves | 220.5 | 112.3 |
| Borrowings | 139.0 | 162.1 |
| Total Liabilities | 500.3 | 362.0 |
Cashflow Statement (₹ crores)
| Particulars | FY26 | FY25 |
|---|---|---|
| Net cash from operating activities | -7.8 | -37.8 |
| Net cash from investing activities | -42.9 | -22.0 |
| Net cash from financing activities | 51.9 | 63.1 |
| Cash and cash equivalents at the end of the year | 4.9 | 3.7 |
CHAVDA Stock Price Movement
Today, Chavda Infra Limited shares edged higher to close at ₹90.35, marking a gain of 0.22%. The stock finished the day on a volume of 8,000 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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