Srigee DLM reported a significant 104.69% year-on-year profit jump in H2 FY26. The company's full-year FY26 net profit rose to ₹6.87 crore, with improved EBITDA and PAT margins. An expansion project in Greater Noida is underway to boost production capacity.
Srigee DLM Reports Strong Profit Growth and Margin Expansion in FY26
FY26 Revenue: ₹72.31 crore
FY26 PAT: ₹6.87 crore
Reader Takeaway: Robust H2 profit jump driven by margin expansion, expansion plans to fuel future growth.
What just happened
Srigee DLM announced its financial results for the fiscal year ending March 2026 (FY26). The company reported a notable increase in profitability, with Net Profit After Tax (PAT) reaching ₹6.87 crore, up from ₹5.01 crore in FY25. A significant highlight was the second half of FY26 (H2 FY26), which saw PAT surge by 104.69% year-on-year to ₹5.53 crore.
Revenue for FY26 stood at ₹72.31 crore, a slight increase from ₹71.23 crore in FY25. Total income grew to ₹75.76 crore from ₹71.37 crore in the previous year.
Why this matters
The substantial profit growth, especially in H2 FY26, indicates improving operational efficiency and stronger sales momentum. Expanded EBITDA margins to 12.18% (from 10.51%) and PAT margins to 9.06% (from 7.02%) suggest better cost management and pricing power. The company's low debt-to-equity ratio of 0.20 also points to a sound financial structure, providing a stable base for future investments.
The backstory
While FY26 shows improved performance, the company's revenue generation is spread across different segments. Injection Moulding & Assembly, a key segment, saw a revenue decline from ₹59.99 crore to ₹54.79 crore. However, this was partially offset by significant growth in Tool Room & Die Manufacturing and Job Work - Mobile Assembly segments, alongside steady growth in Polymer Compounding.
What changes now
Srigee DLM is actively investing in future growth. A new manufacturing facility is under construction in Greater Noida, aimed at expanding production capacity for plastic injection moulding, automotive parts, and electronic components. This expansion is designed to enhance export capabilities and diversify product offerings.
Risks to watch
Despite the positive financial results, the company's revenue concentration among its top 10 customers remains a potential risk factor. Investors should monitor the company's ability to diversify its customer base and maintain its growth trajectory post-expansion.
Peer comparison
While specific peer data isn't provided in the filing, Srigee DLM's focus on automotive parts and electronic components places it within the manufacturing and auto ancillary sectors. Companies in these sectors often face challenges related to raw material costs, supply chain disruptions, and evolving technological demands.
Context metrics (time-bound)
- FY26 Revenue: ₹72.31 crore
- FY26 PAT: ₹6.87 crore
- FY26 EBITDA: ₹9.23 crore
- H2 FY26 PAT Growth: 104.69% (YoY)
- FY26 Debt-to-Equity: 0.20
- FY26 EBITDA Margin: 12.18%
- FY26 PAT Margin: 9.06%
What to track next
Investors will be keen to observe the ramp-up of the new manufacturing facility in Greater Noida and its impact on revenue and profitability. Continued margin expansion and customer base diversification will be key performance indicators to track.
