CMR Green Technologies reported a significant jump in FY26 consolidated revenue to ₹8,640.19 crore and PAT to ₹228.38 crore. The company, which recently listed post-IPO, is focused on expanding capacity via its subsidiaries.
CMR Green Technologies FY26 Performance and Expansion
CMR Green Technologies reported consolidated revenue of ₹8,640.19 crore and profit after tax (PAT) of ₹228.38 crore for the financial year ended March 31, 2026. This marks a substantial increase from the previous year's ₹6,669.09 crore revenue and ₹155.05 crore PAT.
Reader Takeaway: Strong FY26 growth and new plants offset JV dispute concerns.
What just happened
The company announced its financial results for the year ended March 31, 2026. Consolidated revenue grew to ₹8,640.19 crore from ₹6,669.09 crore, and PAT increased to ₹228.38 crore from ₹155.05 crore year-on-year.
Why this matters
These strong financial results indicate healthy business growth for CMR Green Technologies. The company's successful IPO and subsequent listing on June 10, 2026, also position it for future capital access and investor visibility.
The backstory
CMR Green Technologies recently completed its Initial Public Offering (IPO), with shares listing on BSE and NSE on June 10, 2026. This follows a period of operational growth and strategic planning.
What changes now
With the IPO completed and strong FY26 results, the company is set to focus on its expansion plans. Two new plants under subsidiaries CMR Nikkei India Private Limited and CMR-Toyotsu Aluminium India Private Limited in Haryana and Tamil Nadu are expected to begin operations in FY2027.
Risks to watch
Management noted an ongoing dispute between partners in two joint venture companies, CMR-Chiho Industries India Private Limited and CMR-Chiho Recycling Technologies Private Limited. These JVs are excluded from consolidated statements as they are not considered going concerns due to ceased operations. The resolution of this dispute is a key factor for investors.
Peer comparison
(No peer comparison data available in the filing).
Context metrics (time-bound)
- Consolidated Revenue (FY26): ₹8,640.19 crore
- Consolidated PAT (FY26): ₹228.38 crore
- Standalone Revenue (FY26): ₹5,070.65 crore
- Standalone PAT (FY26): ₹126.80 crore
- IPO Listing Date: June 10, 2026
What to track next
Investors should monitor the progress of the new plant constructions in Haryana and Tamil Nadu and their timely commencement in FY2027. The outcome of the JV disputes will also be crucial for assessing the full scope of the company's operations and financial reporting.
Auditor's Report: The company received an unmodified audit opinion from M/s. ASA and Associates LLP for its FY26 financial results.