Sathlokhar Synergys E&C Global Limited — Investor Meet, 16-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Sathlokhar Synergys E&C Global reported FY25 operating revenue up 62% YoY to INR399.3 Cr, EBITDA rising 57% to INR59.94 Cr, and PAT up 64% to INR42.77 Cr, driven by strong execution and cost control. The order book stands at INR800.57 Cr with 7-12 month execution timelines. Management targets 50-60% revenue growth to INR600+ Cr in FY26, with EBITDA margins above 15% and PAT margin near 11%.

Receivables increased to INR67 Cr due to Q4 billing concentration; working capital needs are around INR150 Cr. Headcount rose 20-25% to ~360 to support expansion. Focus remains on industrial turnkey projects with selective client engagement, avoiding subcontracting and government tenders. Growth plans include cautious technology adoption and possible capital raising via preferential allotment. The outlook is confident on sustained growth, margin improvement, and operational discipline.