Effwa Infra & Research Limited — Investor Meet, 21-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Effwa Infra & Research reported robust H2 FY26 and full-year results. FY26 revenue grew 36.8% YoY to INR 253.3 Cr, EBITDA rose 40.3% to INR 42.1 Cr, and PAT increased 42.3% to INR 28.6 Cr. The company declared a 10% dividend. Management forecasts 35-40% CAGR for the next 3-4 years, supported by an order book of INR 750 Cr+ (expected to hit INR 1,000 Cr) and a pipeline exceeding INR 2,600 Cr. A key focus is the innovative Zero Material Discharge (ZMD) technology, with patenting underway and commercial launch targeted for July '27, promising enhanced margins. The company maintains an asset-light model and is well-funded for current growth. Sentiment remains positive, highlighting strong performance and future potential.