IKIO Technologies Limited — Investor Meet, 05-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

IKIO Technologies reported strong Q3 FY26 revenue of INR 146 Cr (up 20% YoY) and 9M FY26 revenue of INR 430 Cr (up 15% YoY). Q3 EBITDA surged 47% YoY to INR 22 Cr (15% margin), with PAT growing 38% YoY to INR 11 Cr (7.4% margin). Growth was driven by diversification into hearables and wearables, plus robust Middle East demand, boosting outside India revenue by 57% YoY.

Management projects sustainable gross margins of 40-45%. Block II, for new lines like automobile lighting, commercializes in Q1 FY27, with major auto customer deliveries starting. Focus is on leveraging existing investments and efficiency, with INR 5-6 Cr from the PLI scheme expected next fiscal year, contributing to a positive outlook.