Ramky Infrastructure Reports Strong Profit Growth in FY2026

Ramky Infrastructure Limited announced its financial results for the fiscal year ending March 31, 2026, revealing a significant 40.1% increase in consolidated Profit After Tax (PAT) to ₹283 crore, up from ₹202 crore in the prior year. The company also reported a standalone PAT of ₹332 crore, a 27.7% rise from ₹260 crore.

Revenue and EBITDA Dip

Despite the profit surge, Ramky Infrastructure's revenue from operations declined. Consolidated revenue fell by 9.7% to ₹1,846 crore in FY2026 from ₹2,045 crore in FY2025. Standalone revenue also saw a decrease of 14.7% to ₹1,679 crore. Consolidated EBITDA dropped 15.3% to ₹425 crore, with standalone EBITDA down 26.4% to ₹337 crore.

Profitability Drivers

The substantial profit growth, particularly on a consolidated basis, suggests improved cost management and potentially a more favorable project mix. Funds raised through asset monetization, totaling ₹160 crore, and stake sales, bringing in ₹165 crore, supported the company's financial position and its ability to secure new projects.

Strong Order Book and Future Outlook

Ramky Infrastructure ended the fiscal year with a robust order book exceeding ₹13,000 crore as of March 31, 2026. The company secured ₹6,500 crore in new orders throughout FY2026, including ₹4,500 crore in the final quarter. This substantial backlog provides significant visibility for future revenue streams.

Dividend Recommendation

Subject to shareholder approval, the company has recommended a final dividend of 10% of the nominal value per share.

Key Risks to Monitor

While profitability has improved, the consistent decline in revenue across both standalone and consolidated figures is a key area for investors to watch. The company's ability to reverse this trend and effectively leverage its large order book to drive topline growth in the upcoming fiscal year will be crucial.