Synergy Green Industries Limited — Investor Meet, 12-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Synergy Green Industries' Q3 FY26 call reported a 4.8% dip in total income and a 34% fall in PBDIT for the quarter, with margins at 10.32%. This was due to higher outsourcing during equipment relocation, increased operating costs, and discounted export pricing.

Management maintains FY26 revenue growth at 5% (380 Cr), with 14% PBDIT margins. The 45,000 MTPA expansion completes this quarter, and in-house machining is ramping up. FY27 revenue is projected to exceed 500 Cr, with PBDIT margins of 16%+ (18-20% by H2 FY27), driven by new capacities, solar power, and fresh orders from Nordex, Envision, L&T, and Adani. India's market competitiveness for wind castings has improved. Management's sentiment remains confident despite temporary challenges.