| Metric | Value (₹ Cr) | Q2 FY25 |
|---|---|---|
| Revenue | 48.92 | 6.2% |
| Total Income | 49.53 | 5.2% |
| Expenditure | 43.48 | 6.2% |
| PBT | 6.05 | 1.3% |
| Net Profit | 4.23 | 7.7% |
| OPM | 8.10% | 0.40pp |
| NPM | 8.53% | 1.20pp |
| EPS | 3.11 | 9.1% |
Aztec Fluids & Machinery Delivers 39.67% EBITDA Rise and 301 Bps Margin Expansion in H1 FY26
15 Nov 2025 · 15 Nov 2025, 01:46 pm
Summary
Aztec Fluids & Machinery Limited, a leading provider of Industrial Coding, Marking and Traceability solutions, announced its consolidated financial results for the first half of FY26. The company delivered stable topline growth, improved profitability on a half-year basis, and continued strengthening of operational alignment with its wholly owned subsidiary, Jet Inks Private Limited.
Key Highlights
- 1
Total Income rose 11.98% on a H-o-H basis to ₹49.53 crore
- 2
EBITDA increased sharply by 39.67% H-o-H to ₹37.53 crore
- 3
PAT grew 41.56% H-o-H to ₹4.22 crore
- 4
Jet Inks recorded 5% YoY Revenue growth
- 5
Jet Inks achieved a 6.89% YoY reduction in operating expenses
- 6
EBITDA reflected a balanced outcome, Aztec saw a 2.88% YoY decline due to higher employee and statutory compliance costs, whereas Jet Inks delivered a strong turnaround of ₹70 lakh Y-o-Y
- 7
Depreciation increased due to capitalization of R&D assets and full-period operation of the new manufacturing unit alongside routine subsidiary depreciation
- 8
Finance costs continued to weigh on consolidated profitability, primarily due to Jet Inks’ fully utilised ₹8.50 crore cash-credit facility
Management Comments
Mr. Pulin Vaidhya
Aztec Group delivered a steady and improving performance in H1 FY26... With the automated manufacturing facility ramping up, tighter cost discipline, stronger consumables-led recurring revenue and complete operational alignment between Jet Inks and Aztec, the Group enters the next period with reinforced fundamentals and enhanced scalability... Looking ahead, the Group maintains clear visibility toward achieving its medium-term 20-25% CAGR, supported by a robust and expanding project pipeline across key consumption-led sectors and multiple large-scale solution rollouts already in progress.
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