Eppeltone Engineers Reports FY26 Financial Highlights, Citing 8.4% Revenue Growth and Expanding Margins
Eppeltone Engineers Limited, a leading manufacturer of metering technology, announced its financial highlights for the financial year 2025-26. The company reported strong growth across key metrics, attributing the performance to operational efficiencies and strong project execution in the second half of the fiscal year.According to the company's press release, the financial performance for FY26 demonstrated notable improvement across profitability indicators, despite an irrecoverable Bad Debts write-off during the year.
Financial Overview (FY26 vs. FY25)
The following table summarizes the financial performance for the two fiscal years:| Particulars | FY26 | FY25 | YoY% |
|---|---|---|---|
| Revenue from Operation | 1,347.4 Mn | 1,243.4 Mn | 8.4% |
| Gross Profit (Ex. Other Income) | 470.2 Mn | 413.5 Mn | 13.7% |
| Gross Profit Margin (%) | 34.9% | 33.3% | +164 bps |
| EBITDA (Ex. Other Income) | 194.1 Mn | 177.8 Mn | 9.1% |
| EBITDA Margin (%) | 14.4% | 14.3% | +10 bps |
| Net Profit | 123.8 Mn | 109.6 Mn | 12.9% |
| Net Profit Margin (%) | 9.2% | 8.8% | +37 bps |
| Reported EPS (in Rs.) | 10.18 | 11.68 |
Operational and Profitability Trends
Revenue from Operations stood at Rs. 1,347.4 Mn in FY26, marking an 8.4% year-over-year (YoY) growth. The company noted that the robust performance in the second half of FY26 helped drive this growth, highlighting the resilience of the business model.Gross Profit increased by 13.7% YoY to Rs. 470.2 Mn in FY26. Margins expanded by 164 basis points (bps) to 34.9%. Despite facing higher dollar exchange rates over the past six months, the company improved its margins through enhanced operational efficiencies and a favorable shift in its product mix towards higher-realization smart meters.
EBITDA grew 9.1% YoY, reaching Rs. 194.1 Mn, while the EBITDA margin expanded by 10 bps to 14.4%. The company recorded an irrecoverable Bad Debts write-off amounting to Rs. 62.4 Mn (which constituted 4.6% of FY26 Revenue) towards certain receivables. Even after accounting for this write-off, the company's operational performance showed a notable improvement compared to the previous year.
Net Profit increased to Rs. 123.8 Mn in FY26, achieving 12.9% YoY growth. The Net Profit Margin improved by 37 bps. The reported Earnings Per Share (EPS) for FY26 was Rs. 10.18.
Strong Order Book and Capacity Expansion
The company reported significant visibility for future revenue. As of March 31, 2026, the order book stood at Rs. 3,439 Mn (excluding GST), which provides revenue visibility for the next 18 to 24 months. Furthermore, the company secured and disclosed confirmed order wins worth Rs. 316 Mn (excluding GST) post-FY26, further strengthening demand for its services in FY27.In terms of infrastructure, the new 60,000 sq. ft. manufacturing facility is currently under construction and is anticipated to commence operations by Q3 FY27. This expansion aims to enhance the capacity for smart meters, including those for gas and water meters, to support sustained future demand.
Commenting on the financial results, Mr. Deven Chowdhary, Whole Time Director, stated that FY26 represented a year of resilient performance. He added that strong execution in the latter half of the year, coupled with the strong order book and capacity expansion plans, positions the company well to drive sustainable growth.
About Eppeltone Engineers Ltd.
Established in 1977, Eppeltone Engineers Ltd. is a trusted metering technology manufacturer in India. The company entered the energy meter segment in 1999 and operates from a 36,000 sq. ft. advanced facility in Greater Noida. Eppeltone holds multiple certifications including CMMI Level III, ISO 9001, ISO 14001, ISO 27001, and is certified by DSIR and TEC. The company supports utilities with high-quality, cost-effective metering solutions, helping reduce Aggregate Technical and Commercial (AT&C) losses through accurate energy measurement.EEPL Stock Price Movement
Shares of Eppeltone Engineers Limited on Friday slipped 2.01% after settling at ₹99.85. The stock saw a total traded volume of 49,000 shares, finishing its session within a day-range between ₹99 and ₹102.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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