Eppeltone Engineers reported mixed H1 FY26 results: Revenue dipped 7.8% YoY to ₹46.28 Cr due to monsoon-related project delays.

However, profitability surged as EBITDA jumped 22.9% to ₹8.51 Cr (margin 18.4%), and Net Profit soared 55.3% to ₹6.26 Cr (margin 13.5%). This strong profit growth was driven by a focus on higher-margin smart meters and optimized operations.

The company is focused on future growth with a new 60,000 sq ft facility, set to be operational mid-FY27, significantly boosting meter production capacity towards a ₹500-600 Cr revenue potential.

Strategic expansion includes AMISP (smart meter installation & data services), gas, water, and railway metering segments.

Management anticipates a robust 35-40% revenue CAGR over the next three years, backed by a current order book of ₹416.5 Cr, executable over 18-24 months.

Recent DSIR accreditation highlights their R&D strength.