Wednesday, 7 October 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call

Effwa Infra & Research Earnings Call: Key Takeaways

Effwa Infra reported strong FY26 performance with 36.8% revenue growth, driven by ZLD-based industrial water recycling and 92.4% revenue share from ZLD projects.

Why this was an Alfa AlertNot a filter event. Performance was strong but no explicit beat of prior management guidance ranges was confirmed.
Highlights
Revenue growthFY26 revenue at ₹253.3cr, growing 36.8% year-on-year.
MarginsFY26 EBITDA margin 16.6%; PAT margin 11.3%.
Order book₹750cr+; expected to reach ₹1,000cr in 2-3 months.
Demand visibilityStrong; order book ₹750cr+ and pipeline exceeding ₹2,600cr.
Management confidenceHigh; targets 35-40% CAGR over next three to four years.

Growth

FY26 Revenue: ₹253.3cr (+36.8% YoY); EBITDA: ₹42.1cr (+40.3%); PAT: ₹28.6cr (+42.3%).

Outlook

Guided 35-40% CAGR for next 3-4 years; order book at ₹750cr+ with ₹2,600cr+ pipeline.

Risks

Geopolitical tensions causing labor and supply chain delays; high dependence on ZLD segment and PSU/large corporate clients.

Source

Earnings Call filed with NSE, NSE: EFFWA. Summary written with AI assistance from the document.

Read the document ↗

Effwa Infra & Research Ltd: key numbers

Share price
₹341.50
Market cap
₹790.5 Cr
Revenue (annual)
₹253.3 Cr
Net profit (annual)
₹28.62 Cr
P/E (TTM)
27.6×Sector 31.4×
Promoter holding
73.03%+0.00% QoQ
FII holding
0.02%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Effwa Infra & Research Ltd

All →
20:13 IST NSE
Annual General Meeting

Effwa Infra & Research Annual General Meeting

Effwa Infra & Research Ltd. announced its 13th AGM on September 30, 2026. The record date for the final dividend is fixed for September 22, 2026.

18:05 IST NSE
Other Announcement

Effwa Infra & Research Other Announcement

Effwa Infra & Research Limited informed the exchange that Corporate Governance provisions are not applicable to the company for the quarter ended June 30, 2026.

12:04 IST NSE
New Order Win

Effwa Infra & Research Bags ₹44.3 Cr Order

Effwa Infra won a ₹44.30 Cr contract from JSW JFE Electrical Steel for a ZLD plant with 12‑15 month execution and 3‑year O&M. The deal boosts its order book.

Value
₹44.30 Cr
Execution
12-15 months execution, 3 years O&M
17:53 IST NSE
New Order Win

Effwa Infra & Research Bags ₹57.94 Cr Order

Effwa Infra & Research secured a ₹57.94 Crore ZLD project from NMDC Steel Limited. The project involves turnkey installation at Nagarnar with an 11-month execution timeline.

Value
₹57.94 Cr
Execution
11 months
17:48 IST NSE
Fund Raise

Effwa Infra & Research Fund Raise of ₹51.27 Cr

Effwa Infra & Research Limited confirmed zero deviation in utilizing its ₹51.27 Crore IPO proceeds. The funds were fully deployed for specified objectives by March 2026.

Value
₹51.27 Cr
16:16 IST NSE
Dividend

Effwa Infra & Research Dividend

Effwa Infra & Research recommended a 10% final dividend of Re. 1 per share. The record date and general meeting schedule will be announced later.