Diffusion Engineers Ltd Q3 FY26 Results

During the Third quarter ended 31st December 2025, on a consolidated basis, we recorded revenue of %1,008.24 million, EBITDA (excluding other income) of 135.05 million, and PAT of 120.11 million representing an increase of 69.14% over Q3 FY 25. For the nine months of FY26, ona consolidated basis, we achieved Revenue of %2,650.54 million representing a growth of ~13.88% over 9M FY25 and PAT of %344.40 million representing a growth of 49.55% increase ona year-on-year basis. During the period, we witnessed strong order inflows, with the order book remaining robust and providing healthy revenue visibility for the coming quarters. Backed by sustained order momentum across domestic and international markets, Diffusion Engineers total order book stood at INR 1,934.08 million, spanning the cement, power, and mineral processing sectors. This strong and diversified order position underscores continued customer confidence in our engineering capabilities and the strength of our broad product portfolio. Operationally, demand remains strong across cement, steel, power, mining, and engineering segments, supported by increased industrial activity and higher maintenance and capex spending. While execution of certain long-lead heavy engineering orders is phased due to extended sourcing timelines, we expect a meaningful pickup in deliveries during the second half of the financial year. Our high share of repeat customers continues to underscore the critical nature of our offerings and strong customer relationships. We are progressing well on our ongoing capacity expansion programs, including the new heavy engineering facility and enhanced welding consumables and wear plate capacities, which are expected to come on stream in a phased manner by the end of FY26. These investments, funded through internal accruals and IPO proceeds, are aimed at supporting future growth, improving execution capability, and enabling a shift towards higher-value engineering solutions. With operating leverage, improving product mix, and scale benefits, we remain focused on driving margin expansion over the medium term. In line with our strategic objective of expanding into high-growth, technology-driven segments, the Company has also approved a proposed investment in Tejorup Sunmay Systems Pvt. Ltd., thereby further strengthening our long-term growth platform and diversification strategy.