XPRO INDIA LTD. Q4 FY26 Results

Summary

Xpro India Limited announced mixed financial results for Q4 and the full fiscal year ended March 31, 2026. While Q4 FY26 saw Profit After Tax increase by a robust 25.2% year-over-year to ₹11.6 crores, and EBITDA grow by 5.9% to ₹14.3 crores with improved margins of 10.7%, quarterly revenues declined by 15.1% to ₹134.4 crores. For the full fiscal year FY26, the company posted revenues of ₹505.5 crores and a PAT of ₹30.5 crores, representing a 5.6% and 30.3% year-over-year decrease respectively, influenced by market dynamics and non-cash accounting adjustments. The company achieved a significant expansion milestone with the commissioning of a new dielectric film line, doubling its capacity, and its UAE project remains on schedule, which management anticipates will provide a sound base for future growth.

Key Highlights

1. 1

   Xpro India Limited reported Q4 FY26 revenue of ₹134.4 crores, marking a 15.1% decline year-over-year.

2. 2

   Profit After Tax (PAT) for Q4 FY26 increased significantly by 25.2% year-over-year to ₹11.6 crores.

3. 3

   EBITDA for Q4 FY26 grew by 5.9% year-over-year to ₹14.3 crores, with EBITDA margins improving to 10.7% from 8.6% in Q4 FY25.

4. 4

   For the full fiscal year FY26, the company recorded revenues of ₹505.5 crores and a Profit After Tax of ₹30.5 crores, reflecting a 5.6% and 30.3% year-over-year decrease, respectively.

5. 5

   A key milestone was the commissioning of a new dielectric film line at Barjora on March 27, 2026, which doubled the company's nameplate capacity in India from 4,000 to 8,000 MT annually.

6. 6

   The implementation of the UAE project by its subsidiary, Xpro Dielectric Films FZ-LLC, remains on track, despite geopolitical vigilance due to regional conflicts.