Rishi Laser Limited: FY26 ends with capacity build-out, but profitability takes a hit

The presentation reports FY26 total income of INR 162.35 crore.

FY26 EBITDA was INR 14.12 crore and EBITDA margin was 8.70%.

FY26 PAT was INR 3.67 crore versus INR 8.25 crore in FY25, as per the historical income statement in the presentation.

FY26 segment mix is Construction Equipment 53.33%, Power 10.74%, Rail Transport 2.31%, and Others 33.62%.

Exports contributed 14.18% of FY26 revenue, and management commentary states exports of about INR 22.83 crore.

The Malur, Bangalore plant is described as a medium and heavy fabrication facility; it has been commissioned and commercialized with commercial operations live, and Phase 1 of the paint shop operational from June 2026.

Management states a target of around 20% revenue CAGR over the next three years and indicates the Bangalore (Malur) plant is expected to generate around INR 100 crore revenue by FY29.