New Delhi [India], January 28: Monolithisch India Limited has reported an exceptionally robust financial performance for the quarter ended Q3 FY26. The company demonstrated substantial growth in all major
financial metrics, reinforcing its accelerating growth trajectory and an improved profitability profile. During the nine-month period ending Q3 FY26, consolidated revenue stood at ₹94.64 crore, marking a 40.82% year-on-year (YoY) increase. The Profit After Tax (PAT) surged by 52.15% YoY to ₹14.88 crore.
Financial Highlights
• Q3 FY26: The company achieved its strongest quarter to date, supported by expansion and the consolidation of its group companies.
• Revenue reached ₹37.36 crore, delivering 42.61% YoY and 31.16% quarter-on-quarter (QoQ)
growth, driven by increased volumes and sustained customer demand.
• EBITDA increased by 50.08% YoY to ₹8.94 crore, reflecting strong operating leverage and disciplined cost management.
• EBITDA margin expanded to 23.92%, reinforcing the company's improving profitability framework.
• Q3 PAT rose sharply by 54.15% YoY to ₹6.08 crore, indicating superior earnings conversion.
• Consolidated PAT margin strengthened to 16.28%.
• Earnings Per Share (EPS) increased to ₹2.98, up 20.28% YoY.
9M FY26: The company showcased resilience against market headwinds, maintaining consistent improvement in profitability through efficient machinery and debottlenecking initiatives.
The standalone revenue for Monolithisch India reached ₹88.05 crore for the nine-month period, while Mineral India Global posted standalone revenue of ₹29.17 crore over the same period.
• Consolidated revenue (from 8th November) stood at ₹94.64 crore, registering 40.82% YoY
growth.
• EBITDA climbed 51.65% YoY to ₹21.86 crore, with margin expansion.
• PAT surged 52.15% YoY to ₹14.88 crore, reflecting consistent execution.
• EPS increased to ₹7.3, up 18.72% YoY.
Business Highlights
• The brownfield project was completed by replacing the existing production line with minimal capital outlay and limited downtime. Efforts continue to enhance the efficiency of the newly established line.
• It was essential to upgrade the entire crushing line while ensuring the supply chain remained uninterrupted.
• Capacity enhancement at Mineral India Global is underway and is expected to be completed in Q4 FY26.
• The new product, SGB Limited, launched last year, received excellent customer response. However, mass production required the new machine line.
• The company anticipates that more than 60% of customers will transition from the star product SGB-777 to SGB Limited in the upcoming quarter. SGB Limited offers an improved lifespan (15%-20% better than SGB-777) and is in high demand, which should support premium pricing in future.
• The completed capex initiatives have significantly reduced consumables and labour costs.
Management Commentary
Commenting on the performance ,the chairman said:
“This quarter had headwinds for the end users (Steel industry) but our company saw demand momentum almost intact, keeping the company well-positioned to sustain this growth trajectory.” He added;
“I congratulate the entire team as Q3 FY26 marks another milestone quarter for Monolithisch India. This quarter was majorly led by near completion of the brownfield project, resulting in capacity enhancement and improved efficiency, thereby increasing company profitability. The acquisition of Mineral India Global Private Limited (from 8th November onwards) added to both the top line and bottom line, and will further contribute to cost reduction through improved group synergy.”
Further discussing about the green field project he said,
“The capex run of the greenfield project is progressing on schedule and we are committed to inaugurating it in Q1 FY27. The greenfield project will be among the most efficient, environmentally friendly, and future-ready plants in the industry.”
Q4 Outlook
The company enters Q4 FY26 with strong momentum, supported by volume growth, favourable steel sector dynamics, enhanced operating efficiencies, and disciplined project execution. Management reiterates its full-year guidance, expecting consolidated revenue in the range of ₹140–150 crore with continued efforts to increase profitability.
(Disclaimer: The above press release comes to you under an arrangement with PNN and PTI takes no editorial responsibility for the same.). PTI PWR
