Sugs Lloyd Limited ne apne latest Q3 FY26 results mein ek solid performance dikhaya hai. Agar hum pichhle 9 mahine ki baat karein, toh company ka revenue ₹185.6 crore tak pahunch gaya hai, jo pichhle saal ke comparison mein 60.62% ka zabardast jump hai. Sirf revenue hi nahi, EBITDA bhi 58.5% badh kar ₹28.17 crore ho gaya hai, aur company ne 15.18% ka healthy EBITDA margin maintain kiya hai. Profit After Tax (PAT) mein bhi 53.5% ka growth dekha gaya hai, jo ₹17.92 crore tak pahunch gaya. Aur haan, 9 mahine ka EPS bhi 29.81% badhkar ₹9.32 ho gaya hai.
Ab ek important baat ye hai ki Maharashtra mein ek land dispute chal raha tha jiske karan Q3 mein lagbhag ₹20 crore ka revenue postpone ho gaya tha. Lekin good news ye hai ki yeh dispute ab solve ho gaya hai, aur yeh postpone hua revenue jaldi hi next quarter mein recognize ho jayega.
Management bhi kaafi optimistic dikh raha hai. Unka kehna hai ki FY26 ka revenue guidance jo ₹270 crore tha, use woh cross kar jayenge. Aur future plans toh aur bhi bade hain! FY28 tak company ka target ₹1000 crore revenue achieve karne ka hai. FY27 ke liye bhi unhone ₹600 crore ka revenue midpoint estimate kiya hai.
Yeh growth kaise achieve hoga? Iske liye company kuch bade kadam utha rahi hai. Woh Extra High Voltage (EHV) transmission segment mein entry kar rahe hain FY27 se. Special products ka contribution badhane par bhi focus hai. Aur operational efficiency ke liye digital tools ka use bhi karenge.
Ab itne bade growth ke liye funding bhi zaruri hai. Isliye Sugs Lloyd apne debt ko leverage karne ka plan kar raha hai aur existing bank facilities ko lagbhag double karne ki koshish mein hai. FY28 ke ₹1000 crore revenue target ke liye ₹300 crore working capital chahiye hoga, jo debt, internal accruals aur existing facilities se arrange hoga. Ye sab karte hue debt badhane aur working capital manage karne ka risk hai, sath hi EHV transmission mein entry ka execution bhi dekha jayega. Par achhi baat ye hai ki unke order book ka 80% hissa price variation clauses ke saath hai, jo inflation ke impact ko manage karne mein help karega.
Overall, investors ki nazar ab FY26 guidance kitna fulfill hota hai, EHV segment se revenue kab generate hona start hota hai, aur company apne badhte debt aur working capital ko kaise manage karti hai, ispar rahegi. Land dispute ka solve hona aur deferred revenue ka aana short-term outlook ke liye positive hai.