Denta Water and Infra Solutions FY26 Financial Results

Revenue grew 23.17% to Rs 250.38 crore; Net Profit rose 15.16% to Rs 60.90 crore.

Reader Takeaway: Robust order book provides multi-year revenue visibility, though investors should watch for potential margin pressure from raw material costs.

What just happened

Denta Water and Infra Solutions released its audited financials for FY2026. The company reported a significant uptick in operational activity, leading to a top-line growth of 23.17% compared to the previous fiscal year. Net profit also saw a healthy double-digit growth, finishing at Rs 60.90 crore.

Why this matters

The results highlight the company's ability to capitalize on government-backed water infrastructure schemes like the Jal Jeevan Mission and AMRUT 2.0. With an outstanding order book of Rs 727.78 crore, the company has secured a strong revenue pipeline for the coming 2-3 years. Its debt-free balance sheet offers a competitive advantage in a capital-intensive sector.

Financial Snapshot

• Revenue: Rs 250.38 crore (+23.17% YoY)
• EBITDA: Rs 83.49 crore (+15.26% YoY)
• PAT: Rs 60.90 crore (+15.16% YoY)
• EBITDA Margin: 33.34% (vs 35.63% in FY25)

Risks to watch

Margin moderation remains a key focus area. The company reported a contraction in EBITDA margins by 229 basis points, citing inflationary pressures on raw materials. Additionally, the business remains heavily reliant on projects in Karnataka, making geographic diversification into states like Maharashtra and Gujarat critical for future risk mitigation. Management is also actively addressing a working capital cycle that currently ranges between 95 and 120 days.

What to track next

Investors should monitor the company's ability to maintain its margin profile in the 25-30% range as guided for FY2027. Tracking the conversion of new tenders worth Rs 600 crore will be vital to assess the company's growth trajectory and success in expanding its geographic footprint beyond its home state.