'
Sandhar Technologies hosted a conference call on Feb 16,
2026. In the conference call, the company was represented by Mr. Jayant Davar:
Chairman, Managing Director, and CEO and Mr. Yashpal Jain: CFO.
Key takeaways of the call
The India operations existing business registered a growth
of 14.5% YoY in 9M FY26.
During 9M FY26, revenue from new projects in the India
operations increased from Rs 2.74 crore to Rs 305.05 crore, reflecting a
gradual scale-up of the new projects business. EBITDA turned positive from loss
of Rs 6.55 crore to gain of Rs 1.14 crore, indicating a gradual operational
recovery. However, EBIT and EBT declined further due to higher depreciation and
borrowing costs, as charges were provided on the full investment base, which
increased by Rs 215.50 crore to Rs 307.14 crore.
In Q3 FY26, overseas business fell 0.6% YoY. Slowdown in the
global business has affected th...
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