Sathlokhar Synergys E&C Global LimitedQ1 FY27 Results & Financial Update
Sathlokhar Synergys E&C Global Limited: Q1 FY27 standalone results and company financials – revenue ₹204.81 Cr, PAT ₹21.41 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Sathlokhar Synergys E&C Global price & chart
Quarter overview
Quarterly earnings analysis
Sathlokhar Synergys E&C Global Limited reported a total income of ₹206.19 crore for the quarter ended June 30, 2026, marking a 67.76% year-on-year increase compared to ₹122.91 crore in Q1 FY26.
Profit after tax (PAT) for the quarter more than doubled year-on-year to ₹21.41 crore, up 132.59% from ₹9.20 crore in the corresponding period of the previous fiscal year.
EBITDA expanded by 131.40% year-on-year to ₹31.35 crore, with the EBITDA margin improving by 418 basis points to 15.20% from 11.02% in Q1 FY26, driven primarily by favorable material cost trends.
Management noted that material cost efficiency stemmed from advance procurement of raw materials for the majority of ongoing projects ahead of fluctuating steel price movements during the quarter.
The company experienced no exceptional or extraordinary items during Q1 FY27, and the tax rate remained broadly unchanged, confirming that earnings expansion was driven purely by operating performance.
During the quarter, the company secured seven new orders aggregating ₹272.05 crore, while work-to-execute order backlog stood at ₹810.37 crore (excluding GST) as of July 30, 2026.
Execution continues to follow historical seasonal patterns, with management reiterating that project delivery and revenue generation remain weighted towards the second half of the fiscal year.
01 · Business model
What does Sathlokhar Synergys E&C Global do?
Sathlokhar Synergys E&C Global Limited is an engineering, procurement, and construction (EPC) contractor founded in 2013 and based in Chennai, delivering integrated turnkey infrastructure solutions across industrial, warehousing, institutional, commercial, and healthcare sectors in India.
The company provides comprehensive execution capabilities spanning statutory approvals, architectural and structural design, civil construction, pre-engineered building (PEB) structures, mechanical, electrical, and plumbing (MEP) systems, solar power installations, surveillance, and interior fit-outs.
Sathlokhar operates through an in-house integrated design ecosystem that streamlines design and execution to optimize both construction costs and delivery timelines for industrial and corporate clients.
The client base includes over 24 international corporations from the USA, Japan, European Union, Sri Lanka, Vietnam, and Taiwan, as well as prominent Indian corporate groups such as Reliance Industries and Muthiah Beverages.
02 · Historical context
What shaped the business before this quarter
Founded in 2013 by Mr. G. Thiyagu and Mrs. Sangeethaa Thiyagu as an engineering and turnkey infrastructure contractor based in Chennai.
Completed a preferential issue on November 21, 2025, allotting 18,40,600 equity shares and 3,75,000 convertible equity share warrants to promoter and non-promoter groups to raise growth capital.
03 · Financial snapshot
Current quarter vs the two useful baselines
| Metric | Q1 FY27 | Year-ago | Previous quarter |
|---|---|---|---|
| Revenue from operations | ₹204.81 Cr | ₹122.77 Cr | ₹277.37 Cr |
| Total income | ₹206.19 Cr | ₹122.91 Cr | ₹278.66 Cr |
| Profit before tax | ₹28.63 Cr | ₹12.46 Cr | ₹40.58 Cr |
| Profit after tax | ₹21.41 Cr | ₹9.20 Cr | ₹30.26 Cr |
| EPS | ₹8.24 | ₹3.71 | ₹12.20 |
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue expansion was supported by steady execution across ongoing industrial and manufacturing infrastructure projects for major repeat corporate clients.
Execution of repeat orders from key clients including the Hong Fu group in Ranipet, Reliance Consumer Products in Kurnool, and Ceylon Beverage Can in India and Sri Lanka drove top-line growth.
What drove margins
EBITDA margin expanded by 418 basis points year-on-year to 15.20%, driven by material costs dropping by more than 500 basis points as a share of income.
Management attributed margin protection to advance material procurement completed ahead of rising steel prices observed on a week-to-week basis during the quarter.
05 · Demand, customers & order book
Where demand is coming from
Work to be executed stood at ₹810.37 crore (excluding GST) as of July 30, 2026.
Submitted bid pipeline stood at ₹22,106 crore as of July 30, 2026, providing revenue visibility beyond the current financial year.
Secured 7 new orders totaling ₹272.05 crore during Q1 FY27, including major contracts from Grand Atlantia Panapakkam SEZ Developers (₹105.37 crore and ₹22.53 crore), Reliance Consumer Products (₹102.71 crore), EDAC Engineering (₹17.79 crore), Ceylon Beverage Can (₹15.36 crore and ₹3.68 crore), and Anabond Limited (₹4.61 crore).
06 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The company operates in a single reportable segment covering engineering, procurement, and construction (EPC) services in accordance with Ind AS 108.
Geography and market mix
Projects were executed across multiple Indian states including Tamil Nadu and Andhra Pradesh, alongside overseas factory and MEP project execution in Sri Lanka.
07 · Capacity, projects & execution
What is being built, commissioned or delivered
Projects, capex and execution
The company's new pre-engineered building (PEB) manufacturing facility remains on schedule for inauguration in August 2026, marking a key backward integration milestone expected to improve delivery timelines and margins.
During Q1 FY27, the company began deploying capital towards land acquisition for its manufacturing expansion utilizing proceeds from its preferential issue.
08 · Strategy & new businesses
How the company is trying to change its growth mix
Backward integration into in-house pre-engineered building manufacturing is proceeding as planned, designed to strengthen supply chain control and enhance structural margins.
09 · Reported developments
What changed operationally
Total income grew by 67.76% year-on-year, while EBITDA and PAT more than doubled compared to Q1 FY26.
Secured a credit rating upgrade to CRISIL BBB+/Positive for long-term bank facilities and A2 for short-term facilities.
10 · Items worth noticing
The line items that can distort a quick read
There were no exceptional or extraordinary items reported during the quarter ended June 30, 2026.
11 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
Out of ₹9,323.56 lakhs in net preferential issue proceeds received, ₹7,297.04 lakhs had been utilized up to June 30, 2026, including ₹400.00 lakhs deployed during Q1 FY27 towards land acquisition for capital expenditure.
Unutilized proceeds of ₹2,026.52 lakhs as of June 30, 2026 (comprising ₹1,941.87 lakhs for capital expenditure on land and ₹80.00 lakhs for working capital) are temporarily held in fixed deposits with scheduled banks.
Capital allocation & funding
CRISIL assigned a Long Term Rating of BBB+/Positive and a Short Term Rating of A2 on the company's ₹200 crore bank credit facilities, reflecting enhanced creditworthiness and financial strength.
12 · Management guidance & targets
What management is targeting from here
Management stated it is holding to the full-year growth guidance provided at the start of the fiscal year, anticipating execution to be weighted towards the second half of FY27.
13 · Beyond the numbers
What changed beyond the numbers
Cost Auditor Appointment
Appointed M/s. S. Chockalingam & Co., Cost Accountants, as Cost Auditor of the company for the financial year 2026-27 pursuant to Section 148 of the Companies Act, 2013.
Upcoming Annual General Meeting
Convened the 13th Annual General Meeting of the company for Thursday, September 17, 2026, to be held via video conferencing.
14 · Previous-quarter changes
What changed since the previous quarter
Revenue and PAT moderated sequentially compared to Q4 FY26 in line with historical seasonal execution cycles where project activity concentrates in the second half of the fiscal year.
15 · Key Q&A
The quarter, answered directly
What does Sathlokhar Synergys E&C Global do?
Sathlokhar Synergys E&C Global Limited is an engineering, procurement, and construction (EPC) contractor founded in 2013 and based in Chennai, delivering integrated turnkey infrastructure solutions across industrial, warehousing, institutional, commercial, and healthcare sectors in India.
What is the clearest takeaway from Q1 FY27?
Sathlokhar Synergys E&C Global Limited reported a total income of ₹206.19 crore for the quarter ended June 30, 2026, marking a 67.76% year-on-year increase compared to ₹122.91 crore in Q1 FY26.
What drove revenue or demand?
Revenue expansion was supported by steady execution across ongoing industrial and manufacturing infrastructure projects for major repeat corporate clients.
What mattered most for margins or profitability?
EBITDA margin expanded by 418 basis points year-on-year to 15.20%, driven by material costs dropping by more than 500 basis points as a share of income.
What changed operationally beyond the headline numbers?
The company's new pre-engineered building (PEB) manufacturing facility remains on schedule for inauguration in August 2026, marking a key backward integration milestone expected to improve delivery timelines and margins.
What is management guiding or targeting from here?
Management stated it is holding to the full-year growth guidance provided at the start of the fiscal year, anticipating execution to be weighted towards the second half of FY27.
16 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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17 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
PEB Facility Inauguration: Monitor the scheduled August inauguration and subsequent operational ramp-up of the new pre-engineered building manufacturing plant.
- 02
Order Backlog Conversion: Track execution progress and revenue conversion from the ₹810.37 crore order book and ₹22,106 crore bid pipeline.
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