Sona Machinery Records ₹84.51 Cr Revenue in FY26, Targets ₹110-120 Cr for FY27 Through Diversification
Sona Machinery Limited, an ISO 9001:2015 certified Original Equipment Manufacturer (OEM) specializing in post-harvest agri-processing equipment, has announced its audited financial results for the second half and year ended March 31, 2026. The company reported a revenue from operations of ₹84.51 Cr for the fiscal year.The company, which manufactures equipment for processing rice, pulses, wheat, spices, barnyard millet, and other commodities, highlighted a strategic focus on diversification, product portfolio expansion, and strengthening its leadership team to drive future growth.
Strategic Focus and Market Challenges
Commenting on the results, Mr. Vasu Naren, Chairman & Managing Director of Sona Machinery Limited, stated that the company continued to strengthen its capabilities across the rice, grain processing, and emerging ethanol projects segments during FY26.The management noted that the performance was impacted by a combination of external and operational factors, including a subdued industrial environment, excess capacity in the ethanol industry, and the influence of the Middle East conflict on the rice sector during the final quarter. Furthermore, the company strategically undertook select orders at relatively lower margins to establish its presence in the emerging ethanol projects segment, which involved initial challenges such as cost overruns and project delays.
In the rice processing segment, an additional challenge was encountered when customers deferred orders worth approximately ₹20 crore that were originally scheduled for delivery in March 2026, which contributed to an operating loss during the year.
Key Growth Drivers and Portfolio Expansion
To address market conditions, Sona Machinery implemented several corrective and strategic measures. The firm focused on optimizing operating expenses and strengthening its internal execution systems.Key developmental areas for FY26 included:
- Customer Acquisitions: Establishing relationships with major customers across both verticals, including Radico Khaitan Ltd. and Rana Sugar Ltd. in the Ethanol Projects, alongside KRBL Ltd., Chaman Lal Setia Group, GRM Overseas Ltd., and BD Overseas Pvt. Ltd. in Rice Processing.
- Backward Integration: Entering the electrical automation solutions segment, which now accounts for approximately 20% of the ethanol project order value. This integration is expected to reduce procurement costs and improve execution efficiencies.
- Product Range Expansion: Introducing Parboiling and Drying Machines to provide comprehensive end-to-end solutions for the rice processing industry.
The organization also restructured into specialized vertical teams across business development, operations, strategic planning, and investor relations to improve execution efficiency.
Financial Performance Summary
The company’s financial performance for FY26 saw the Income from operations stand at ₹84.51 Cr, compared to ₹94.92 Cr in FY25.Financial results for the current and previous fiscal years are presented below:
| Particulars | H2 FY26 | H2 FY25 | H1 FY26 | FY26 | FY25 |
|---|---|---|---|---|---|
| Income from operations | 41.11 | 55.09 | 43.41 | 84.51 | 94.92 |
| EBITDA* | (4.75) | 2.01 | 1.29 | (3.46) | 6.27 |
| EBITDA Margin% | (11.56%) | 3.65% | 2.97% | (4.10%) | 6.60% |
| Profit After Tax | (4.37) | 1.18 | 0.90 | (3.46) | 3.85 |
| PAT Margin | (10.62%) | 2.15% | 2.08% | (4.10%) | 4.06% |
| Basic EPS | (3.18) | 0.86 | 0.66 | (2.52) | 2.81 |
Outlook for FY27
Looking ahead, the company expressed optimism for FY27. Sona Machinery is targeting a turnover of ₹110-120 crore and aiming to achieve an EBITDA margin in the early double digits.The company plans to further broaden its market presence by expanding its rice mill product range from 10 TPH to 16 TPH mills. Additionally, it plans to diversify into multi-grain and commodity processing across categories such as coffee, barley, cumin seeds, fenugreek seeds, coriander, and other agricultural commodities. The firm noted that the sustained Government focus on higher ethanol blending targets is expected to provide favourable long-term opportunities for the industry.
SONAMAC Stock Price Movement
On Friday, Sona Machinery Limited shares slipped by 4.79% to close at ₹37.75. The stock shed ₹1.90 from its previous close of ₹39.65, settling at the low end of its trading range on a volume of 11,000 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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