Neetu Yoshi Limited: Riding the Rails of Growth with Robust H1 FY26 Performance

Neetu Yoshi Limited, a metallurgical engineering firm specializing in critical safety spares for Indian Railways, has reported a stellar performance for the first half of fiscal year 2026 (H1 FY26). The company, known for manufacturing customized ferrous products like mild steel, spheroidal graphite iron, cast iron, and manganese steel, has demonstrated significant growth across key financial metrics. This robust performance underscores its strategic initiatives and strong market positioning within India's rapidly modernizing railway sector.

For H1 FY26, Neetu Yoshi Limited recorded a total income of Rs. 45.89 crore, marking an impressive 30.05% year-on-year growth from Rs. 35.29 crore in H1 FY25. The company's operational efficiency was evident in its EBITDA, which surged by 38.31% to Rs. 15.93 crore, up from Rs. 11.52 crore in the previous corresponding period. This translated into an EBITDA margin of 34.72%, a notable improvement of 207 basis points from 32.65% in H1 FY25. The bottom line also saw substantial gains, with Net Profit soaring by 45.00% to Rs. 11.54 crore, compared to Rs. 7.96 crore in H1 FY25. The Net Profit Margin expanded by 259 basis points to 25.15%, while Diluted EPS grew by 22.03% to Rs. 3.49.

Particulars (In Crore)	H1 FY26	H1 FY25	YoY Growth (%)
Total Income	45.89	35.29	30.05
EBITDA	15.93	11.52	38.31
Net Profit	11.54	7.96	45.00
EBITDA Margin (%)	34.72	32.65	207 BPS
Net Profit Margin (%)	25.15	22.56	259 BPS
Diluted EPS (₹)	3.49	2.86	22.03

Strategic Diversification and Operational Excellence

The company's growth in H1 FY26 was significantly bolstered by its strategic diversification efforts. Historically focused on the wagon industry, Neetu Yoshi Limited proactively expanded its product portfolio to include components for coaches, tracks, and locomotives. This move proved crucial in navigating market dynamics, particularly an

Dive deeper into NEETUYOSHI

Frequently Asked Questions

Neetu Yoshi Limited reported a total income of Rs. 45.89 crore, a 30.05% YoY increase. EBITDA grew by 38.31% to Rs. 15.93 crore, and Net Profit surged by 45.00% to Rs. 11.54 crore, with a Net Profit Margin of 25.15%.

The company has increased its installed capacity from 4,493 MTPA to 8,087 MTPA by July 2025. A new facility in Haridwar is also being set up to manufacture complete bogies and couplers, expected to commence production by April 2026.

RDSO certification is a crucial market entry barrier, as only approved vendors can supply to Indian Railways. Neetu Yoshi Limited's certification for over 25 critical safety spare parts ensures a competitive edge and strengthens its reputation for reliability.

Neetu Yoshi Limited has diversified its product portfolio by adding new lines across coach, track, and locomotive components. This strategy allows them to serve multiple segments of Indian Railways and mitigate risks from slowdowns in specific areas.

Opportunities include the Indian government's record capital outlay for FY26 (Rs. 3.02 lakh crore), the Rs. 16.7 lakh crore modernization plan through 2031, and initiatives like Dedicated Freight Corridors and Make in India, which fuel demand for high-precision components.

Management targets approximately Rs. 110 crore revenue for the current manufacturing facility in FY26. For FY27, the total revenue target is Rs. 330-340 crore, and for FY28, it is around Rs. 380 crore.

The company's Haridwar facility benefits from lower electricity tariffs in Uttarakhand and strategic proximity to raw materials. Additionally, its late mover advantage allows it to integrate state-of-the-art machinery and cost-efficient processes from inception.

Content

Neetu Yoshi Limited: Riding the Rails of Growth with Robust H1 FY26 Performance
Strategic Diversification and Operational Excellence
Frequently Asked Questions

Neetu Yoshi Limited: Riding the Rails of Growth with Robust H1 FY26 Performance

Strategic Diversification and Operational Excellence

Frequently Asked Questions

products

Utility

company