📉 The Financial Deep Dive
The Numbers:
DISA India Limited announced robust financial results for the third quarter and nine months ended December 31, 2025 (Q3 FY26 and 9MFY26).
- Standalone Performance:
- Revenue from operations for Q3 FY26 surged 31.8% YoY to ₹1,286.2 million (from ₹975.9 million in Q3 FY25). Quarter-on-quarter (QoQ), revenue grew 24.2% to ₹1,286.2 million (from ₹1,035.8 million in Q2 FY26).
- Profit After Tax (PAT) jumped a significant 57.5% YoY to ₹154.2 million (from ₹97.9 million in Q3 FY25). QoQ, PAT rose 26.1% to ₹154.2 million (from ₹122.3 million in Q2 FY26).
- Earnings Per Share (EPS) for standalone Q3 FY26 stood at ₹106.04, up from ₹67.32 in Q3 FY25.
- For the nine months ended December 31, 2025 (9MFY26), standalone revenue increased 20.6% YoY to ₹3,338.9 million. Standalone PAT for 9MFY26 saw a 10.1% YoY increase to ₹408.0 million.
- Consolidated Performance:
- Consolidated revenue from operations for Q3 FY26 rose 29.5% YoY to ₹1,286.2 million (from ₹993.4 million in Q3 FY25).
- Consolidated PAT for Q3 FY26 increased 51.7% YoY to ₹152.0 million (from ₹100.2 million in Q3 FY25).
- Consolidated EPS for Q3 FY26 was ₹104.52, compared to ₹68.91 in Q3 FY25.
- For 9MFY26, consolidated revenue grew 18.5% YoY to ₹3,342.9 million, while consolidated PAT increased 7.3% YoY to ₹404.4 million.
The reported figures are impacted by exceptional items. In Q3 FY26, an exceptional item of ₹35.1 million was recorded on both standalone and consolidated books, primarily due to increased employee benefit obligations (gratuity and leave liability) following the notification of Labour Codes. In the prior year's comparable quarter (Q3 FY25), an exceptional item of ₹12.6 million was recognised for a provision for an arbitration award. For the full nine months of FY25, consolidated results included ₹54.5 million in exceptional items related to arbitration awards, operational closures, and impairment losses.
🚩 Risks & Outlook
The company operates in the single segment of manufacturing and selling foundry machinery and machinery parts. The announcement does not contain specific forward-looking guidance from the management regarding future revenue, margins, or growth projections. However, the order backlog as of December 31, 2025, stood at a healthy ₹2,958 million, providing significant revenue visibility for upcoming periods.
The reappointment of M/s. Protiviti India Member Private Limited as Internal Auditors for FY 2026-27 was also approved, a routine governance measure.