Ardee Industries Limited announced a strong financial performance for the fiscal year ended March 31, 2026, reporting a 57.21% increase in revenue to ₹1,167.65 Crore. Profit After Tax (PAT) surged by 154.52% to ₹846.81 Million. The company also successfully executed an IPO, raising ₹426 Crores, and outlined strategic initiatives for capacity expansion and market penetration.
Ardee Industries Reports Robust FY26 Performance
Ardee Industries Limited has disclosed a significant financial upswing for the fiscal year ended March 31, 2026. The company reported a total income of ₹11,688.83 Million, marking a substantial 57.20% increase compared to the previous year’s ₹7,435.26 Million.
Key Financial Highlights
Profit Before Tax (PBT) saw a dramatic increase of 152.97%, reaching ₹1,129.44 Million from ₹446.47 Million in the prior year. Following this strong operational performance, the Profit After Tax (PAT) grew by an impressive 154.52%, amounting to ₹846.81 Million (7.25% of total income), up from ₹332.71 Million (4.48% of total income) in the previous year.
The company’s revenue from operations (Net) grew by 57.21% to ₹1,167.65 Crore. This growth was driven by a volume increase of 48.69% and a shift towards value-added products. EBITDA also saw a significant rise, increasing by 123.1% to ₹147.08 Crore with an improved margin of 12.60%.
Successful IPO and Strategic Outlook
The company successfully completed its Initial Public Offering (IPO) of ₹426 Crores, which was oversubscribed by 138 times. The IPO proceeds are earmarked for working capital requirements and debt repayment. Ardee Industries highlighted its strategic initiatives including a near 3x capacity expansion, LME Good Delivery approval for its brand “Ardee Lead 9997”, and a focus on deepening export market penetration.
The company also reported an increase in installed capacity to 156,950 MTPA and improved capacity utilization to 67.15%. The outlook remains positive, driven by India’s growing demand for recycled lead, the formalization of the recycling sector, and expansion into adjacent recycling streams.
Source: BSE
