Expo Engineering And Projects Ltd

📊 Expo Engineering Q3 Update: Strong Order Book at ₹114.63 Cr, Margins Expand Despite Revenue Dip

• Order book as of Q3 FY26: ₹114.63 crore

• Received new work order worth ₹14.53 crore from Indian Oil Corporation for tank maintenance

• 9M FY26 revenue: ₹50.94 crore (down 32% YoY)

• Q3 FY26 revenue: ₹18.10 crore (down 28.51% YoY)

• EBITDA grew 9.14% to ₹5.44 crore with margins expanding 402 bps to 10.67%

• PAT increased 48.70% YoY to ₹2.40 crore with margins improving to 4.72%

• Plans to expand into exotic materials manufacturing (Titanium, Nickel)

• Upgrading facilities and increasing export share

• Targeting higher-value tenders in refineries, green hydrogen, and petrochemicals