Expo Engineering And Projects Ltd

Expo Engineering Secures ₹14.53 Cr Order, Reports Strong 9MFY26 Growth 📈

• Secured work order worth ₹14.53 crore (including GST) from Indian Oil Corporation Limited for tank maintenance and inspection services

• Order book dominated by storage tanks (98% by product)

• Geographic concentration: Maharashtra (30%) and Haryana (22%)

• Manufacturing facility in Murbad, Thane with capabilities to produce equipment up to 350 tons and 120 meters in length

• Future plans include expanding into exotic materials manufacturing and increasing exports

• Targeting large-value tenders in strategic petroleum reserves and other high-growth areas

• 9MFY26 revenue of ₹50.94 crore

• Q3 FY26 revenue of ₹18.10 crore

• Storage tanks contributed 99% of Q3 revenue

• Gujarat accounted for 47% of geographic revenue in Q3

• EBITDA grew 9.14% YoY to ₹5.44 crore

• EBITDA margin expanded 402 basis points to 10.67%

• PAT increased 48.70% YoY to ₹2.40 crore

• PAT margin improved to 4.72%