Thejo Engineering Limited Reports Strong Q1FY27 Results with Revenue and Margin Gains

Thejo Engineering Limited Reports Strong Q1FY27 Results with Revenue and Margin Gains​

Thejo Engineering Limited has announced its Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The company reported growth across both stand-alone and consolidated operations, alongside improved profitability margins.

The results confirm a positive performance trajectory, driven by strong operational execution and strategic developments in global markets.

Financial Performance Highlights​

For the quarter ended June 30, 2026, thecompany demonstrated significant gains. Standalone Revenue from Operations stood at 14438.41 (Rs. In Lakhs), while Consolidated Revenue from Operations reached 17761.11. Profit After Tax for the standalone segment was reported at 1520.54, compared to 942.61 in Q1FY26. The consolidated entity achieved a Profit After Tax of 1523.30.

The performance metrics across key periods are detailed below:

Operational Strengths and Market Commentary​

The company's margins showed notable improvement across both segments. Standalone EBITDA margin increased to 16.30% in Q1FY27, up from 14.88% in the previous year. Similarly, Consolidated EBITDA margin improved to 15.42%, up from 13.54%.

The subsidiaries contributed positively to the performance, with all entities, except one based in Saudi Arabia, registering profit during the quarter. This, coupled with the good showing of the Parent Company, has enabled the margin improvements observed in Q1FY27. However, it was noted that the geopolitical situation in the Middle East and Gulf regions impacted subsidiaries there due to supply chain disruptions and deferrals in order execution.

Strategic Developments and Leadership Changes​

The company saw a significant increase in its order book, which stood at approximately Rs. 380 Crores as of June 30, 2026, up from Rs. 200 Crores recorded on June 30, 2025.

In international expansion news, Thejo Engineering Limited signed a three-year master material supply agreement with a leading mining company in Latin America. The company secured an initial order for THOR-R and THOR-M Mill Liners for USD 0.89 million, with a follow-on order of USD 0.44 million placed in July 2026.

Regarding corporate governance and appointments, Mr. V.A. George was re-appointed as Whole-time Director designated as Executive Chairman for a period of three years. Furthermore, Mr. Manoj Joseph was reappointed as Managing Director for five years, effective from July 15, 2026.

Market standing received further bolstering as CRISIL Ratings Limited reaffirmed its ratings of A/Stable (long-term) and A1 (short-term) on the company’s bank loan facilities.

THEJO Stock Price Movement​

Today, Thejo Engineering Limited shares shed 0.04% in post-market trading, closing at ₹2215.2 after a marginal dip. The stock traded within an intraday range of ₹2161.1 to ₹2237.7.