Pennar Industries Q3FY26 Results Show Strong Growth

Pennar Industries reported consolidated total income of INR 959.02 crore in Q3FY26, up 13.30% YoY, with PAT rising 10.14% to INR 33.55 crore. Company secured orders worth INR 780 crore.

Pennar Industries Q2FY26 Revenue Grows 22% to Rs 919.6 Crores Despite Labor Challenges

Pennar Industries reported strong quarterly results with revenue rising 22.04% to Rs 919.6 crores and PAT growing 20.13% to Rs 32.28 crores. The company's Custom Designed Building Solutions (PEB) division delivered 31.9% revenue growth despite earlier labor supply constraints that temporarily impacted margins. US subsidiary Ascent showed strong double-digit growth with order backlog expanding to $51 million. The company completed the Telco acquisition for $14 million enterprise value, expected to contribute over Rs 100 crores annually. Body-in-white division secured new orders from Hyundai, TIVOLT, Ashok Leyland and Stellantis. PAT margins stood at 3.56%, slightly lower due to one-time acquisition costs and labor issues. Working capital days increased to 76 days. Management expressed confidence in margin expansion from Q3 onwards, targeting a floor of 20% PAT growth going forward. The company's equity and reserves crossed Rs 1,000 crores mark. Total order book across all segments reached Rs 956 crores to be executed over next 4-6 months.

Pennar Industries Reports 22% Revenue Growth in Q2FY26 with Strong Order Book

Pennar Industries reported total sales of Rs 919.60 crores for Q2FY26, marking a 22.04% year-over-year growth. EBITDA increased 16.32% to Rs 94.43 crores with a margin of 10.42%. PAT grew 20.13% to Rs 32.28 crores. For H1FY26, total sales reached Rs 1,773.60 crores, up 18.68% year-over-year. The company operates through two main verticals: Diversified Engineering (Rs 468.26 crores revenue in Q2FY26) and Custom Designed Building Solutions (Rs 465.72 crores). The company maintains a strong order book with PEB India at Rs 860 crores and PEB U.S. at $51.2 million as of September 30, 2025. Pennar operates 14 manufacturing facilities in India and overseas facilities in Portland, USA, serving over 1,000 customers across automotive, railways, infrastructure, and industrial sectors.

Pennar Industries Reports 22% Revenue Growth in Q2FY26, Announces Investment in German Subsidiary

Pennar Industries Limited reported consolidated total sales of INR 919.60 crore for Q2FY26, representing a 22.04% increase from INR 753.53 crore in Q2FY25. The company's profit after tax grew 20.13% to INR 32.28 crore compared to INR 26.87 crore in the previous year quarter. EBITDA increased 16.32% to INR 94.43 crore from INR 81.18 crore. For the half-year period, total sales reached INR 1,773.60 crore, up 18.68% from INR 1,494.42 crore in the previous year. The Board of Directors approved unaudited financial results for the quarter and half year ended September 30, 2025, and authorized an investment in Pennar GmbH, Germany, a wholly owned subsidiary. The company received orders worth INR 956 crores across various business verticals in the past three months, expected to be executed in the next two quarters.