KONSTELEC

Konstelec Engineers financials

Market cap
₹96 Cr
Sector
Construction
Calls analysed
3
Latest concall · Q4 FY26 · call held 27 May 2026

KONSTELEC Q4 FY26

FY26 Revenue ₹210 cr +9%FY26 PAT ₹7.29 cr +54%FY26 PAT Margin 3.56%

What went well

  • FY26 Revenue from operations grew 8.61% YOY to 210 crores.
  • FY26 PAT grew at 53.5% YOY to 7.29 crores as against 4.75 crores in financial year 2025.
  • H2 FY26 PAT surged 465% YOY to 5.75 crores as against 1.04 crore in the corresponding period of last year.

What to watch

  • H2 FY26 Revenue from operations stood at 105.57 crores, a slight decline from 109.26 crore in H2 2025.
  • Increased borrowings despite revenue being relatively flat.
Read the full call →

What Konstelec Engineers Limited does

Konstelec Engineers Limited executes integrated electrical, instrumentation and automation EPC projects across the full lifecycle - engineering, procurement, construction/commissioning, and operations & maintenance - for industrial and infrastructure clients such as refineries, steel, cement and power plants. Its scope covers HT/LT electrical installations, substations and switchyards up to 220kV, cabling and power distribution systems, industrial electrification, PLC/SCADA and process automation, control panel integration, and O&M services (routine, breakdown and preventive maintenance), which contribute about 10% of revenue. The company is expanding into newer verticals including defence infrastructure, data centres, transmission & distribution, renewable energy and water treatment (STP/WTP), and has a growing overseas presence including a Saudi Arabia JV and operations in Nigeria/Africa.

Segments

  • Electrical EPC Services
  • Instrumentation & Automation
  • Operations & Maintenance
  • Emerging verticals
Order book
₹550+ Cr (as of 22 May 2026)
Projects successfully delivered
200+
Ongoing projects
70+
Manpower / workspace strength
900+
States of presence (India)
15+
Locations/offices
100+
Founded 1995Headquarters Mumbai, Maharashtra, India Company website

Guidance record · Q4 FY26

what the last two calls moved 11 tracked 0 delivered 5 missed 6 open
  • Total Income & PAT missed said Q3 FY25 Promised: Exceed the performance of last financial year 24 Q4 FY26: Promise related to FY25 performance, which was concluded as missed. FY26 data does not alter this verdict.
  • Bottom Line Margin on track said Q3 FY25 Promised: Improve the bottom line by bidding for larger size projects Q4 FY26: FY26 PAT margin improved to 3.47% from 2.43% in FY25. H2 FY26 PAT margin was 5.45%, indicating progress on improving profitability. Management continues to cite a focus on higher-value projects.

All 11 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q4 FY26: revenue down 13.1%, net profit up 0.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26Q4 FY26
Revenue93 122 84 109 105 +13%106 −13%
EBITDA7 11 8 5 7 +0%13 +18%
Net profit3 6 3 1 2 −33%6 +0%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +3.0% 1Y

₹30.0₹40.0₹50.0₹60.0₹70.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q4 FY26 — 27 May 2026

1Y: ₹61.65 on 10 Sept 2025 → ₹63.5. High ₹75.15 (21 Oct 2025), low ₹28.65 (30 Mar 2026).

How the price took the results

close before → close after

Q4 FY26
+5.0%
27 May

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹1 Cr₹1 Cr₹1 Cr₹15 Cr₹15 Cr₹15 Cr
Reserves₹51 Cr₹54 Cr₹61 Cr₹79 Cr₹85 Cr₹91 Cr
Borrowings₹26 Cr₹27 Cr₹35 Cr₹45 Cr₹82 Cr₹90 Cr
Other liabilities₹24 Cr₹34 Cr₹49 Cr₹66 Cr₹74 Cr₹70 Cr
Total liabilities₹102 Cr₹116 Cr₹147 Cr₹206 Cr₹256 Cr₹266 Cr
Fixed assets₹8 Cr₹8 Cr₹8 Cr₹9 Cr₹14 Cr₹14 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹2 Cr₹3 Cr₹2 Cr₹1 Cr₹1 Cr₹0 Cr
Other assets₹92 Cr₹106 Cr₹136 Cr₹196 Cr₹241 Cr₹252 Cr
Total assets₹102 Cr₹116 Cr₹147 Cr₹206 Cr₹256 Cr₹266 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Mar 2026

Since Mar 2025, FIIs trimmed −0.30 pp while the public added +0.28 pp. The shareholder count shrank 10% to 1,563.

Promoters
66.8%
Public
33.2%

Since Mar 2025

  • FIIs −0.30 pp
  • Public +0.28 pp
  • Promoters +0.02 pp

How it drifted, 5 quarters

Over this window the public went from 29.1% to 33.2% — +4.1 pp.

Mar '24Mar '25Mar '26

Ownership split by quarter, oldest first. Mar '24: Promoters 66.8%, FIIs 1.7%, DIIs 2.4%, Public 29.1%.Sep '24: Promoters 66.8%, FIIs 0.6%, Public 32.6%.Mar '25: Promoters 66.8%, FIIs 0.3%, Public 32.9%.Sep '25: Promoters 66.8%, FIIs 0.3%, Public 33.0%.Mar '26: Promoters 66.8%, Public 33.2%.

Who was buying across the market this quarter →

Who is on the register

Named in the Mar 2026 filing

Every holder of Konstelec Engineers Limited above SEBI's 1% disclosure line, and what changed since Sep 2025.

HolderStakeChange
Biharilal Ravilal Shah 44.22%unchanged
Amish Biharilal Shah 13.49%unchanged
Nirupama Biharilal Shah 3.38%unchanged
Ganesh Shridhar Shanbhag 3.31%unchanged
Jatin Bharat Shah 2.55%unchanged
Jigar Dhiresh Shah 2.33%unchanged
Rajul Amish Shah 1.91%unchanged
Dipti Jigar Shah 1.47%unchanged
Bhupesh Kumar Lodha 1.25%unchanged
Shruti Lodha 1.16%unchanged
Key Managerial Personnel 0.01%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

All earnings calls (3)

Read the Q4 FY26 call →

Learn to analyse Konstelec Engineers Limited

Guides on how to read this kind of business and the numbers that matter.