GMM Pfaudler reported a steady performance for the fiscal year ended March 31, 2026, achieving 10% annual revenue growth and 11% EBITDA growth. While facing geopolitical and macroeconomic headwinds in international markets, the company saw strong momentum in India. Key developments include significant leadership changes and a recommendation for a ₹2 per equity share total dividend for the fiscal year.
Annual and Quarterly Performance
For the fiscal year 2026, GMM Pfaudler reported annual revenue of ₹3,524 crores and EBITDA of ₹403 crores, reflecting an EBITDA margin of 11.4%. The consolidated PAT stood at ₹52 crores. In the Q4 (Jan-Mar) period, the company recorded ₹944 crores in revenue and an EBITDA of ₹75 crores. The company maintains a strong backlog of ₹2,194 crores, providing solid visibility for the coming year.
India Market Resilience
The Indian operations remained a key growth driver, delivering 12% revenue growth and a 22% increase in EBITDA for the year. Profit after tax in India rose by 40% to reach ₹59 crores. Despite some margin pressure observed in Q4 due to geopolitical tensions in West Asia, the Indian business continues to outperform, supported by stable order intake.
Strategic Outlook and Leadership Changes
The company is actively diversifying its portfolio, with order intake growing 20% annually, significantly boosted by expansion into non-traditional markets like Defence, Oil & Gas, and Nuclear. As part of its global transformation, the company has appointed Mr. Gregory Gelhaus as the new Group CEO and Mr. Ankit Nayyar as Deputy CFO to steer the organization through its next phase of growth.
Operational Adjustments
To optimize performance amidst challenging international conditions, the management has implemented cost-saving measures in Europe, including the closure of the UK facility and right-sizing operations across Germany, France, and Switzerland. Simultaneously, the company has commenced operations at a new Poland manufacturing facility, designed to serve as a low-cost production hub to enhance long-term competitiveness.
Dividend Announcement
Reflecting confidence in its financial position, the Board has recommended a final dividend of ₹1 per equity share. Combined with the interim dividend, the total dividend payout for FY26 will be ₹2 per equity share, subject to necessary approvals.
Source: BSE
