Telge Projects FY26: Fast Growth, Margin Volatility, and a Bigger U.S. Footprint

FY26 consolidated revenue from operations was Rs. 40.2 crore, as stated in the investor presentation and reiterated in the concall.

FY26 consolidated EBITDA was Rs. 9.0 crore and PAT was Rs. 5.9 crore, as per the investor presentation.

Management stated an order book of about Rs. 25 crore and an RFQ pipeline of about Rs. 6 crore in bidding, with expected conversion in roughly two weeks to one month.

The CFO stated approximately 80% of the order book is from the US region.

Management stated Edward Farr Architects generated about Rs. 14 crore turnover in calendar year 2025, with PAT margins around 10% to 12%, and the acquisition was done at about 2.5x EBITDA.

Management stated confidence to achieve 60% to 70% CAGR growth in FY2026-27 and the next years as well.

Management stated it is not actively looking to take debt for acquisitions and does not expect to raise equity soon, saying not this year at least.