Baheti Recycling had a robust FY26, surpassing revenue guidance by 12% and PAT growth by over 15%. Revenue surged 38.25% year-on-year to ₹724.85 Cr, with Profit After Tax (PAT) climbing 50.25% to ₹27.06 Cr.

Diluted EPS reached ₹26.08. Key drivers include a ₹20-25 Cr investment in FY27 for a new Aluminium Wire Rod division, targeting 12,500 MT capacity and ₹200-250 Cr annual revenue.

The company is upgrading to electric furnaces, boosting total smelting capacity to 38,000 MT, and expects a captive solar plant to cut power costs soon.

Recent wins include securing direct OEM clients like TVS Motor, Royal Enfield, and Bajaj Auto, plus a ₹32 Cr repeat order from ArcelorMittal Nippon Steel.

A ₹7.48 Cr preferential allotment has strengthened working capital.

Management notes strong demand for secondary aluminium amid primary supply disruptions, a favorable trend for the business.

They aim to exceed ₹1,200 Cr revenue by FY28, driven by efficiency, capacity expansion, market penetration in automotive, and diversifying products.