Calcom Vision Posts Strong Q2, Targets Rs 2.5 Billion FY26 Revenue

17 Nov 2025 CW Team

For Q2FY26, the company reported a profit after tax of Rs 19.8 million, up 18.9 per cent year-on-year from Rs 16.6 million in Q2FY25. Revenue from operations rose 46.9 per cent to Rs 500.6 million, compared with Rs 340.8 million last year.

For H1FY26, total income stood at Rs 973.1 million, an 80 per cent rise from Rs 540.7 million in H1FY25. PAT increased to Rs 26.1 million, compared with a loss of Rs 2 million in the previous year.

The company has now delivered strong results for four consecutive quarters, driven by stable demand, a better product mix and strong execution on the ground. Growth has been supported by an expanded Professional and Industrial Lighting portfolio, while LED bulbs and battens continue to gain traction with new customers. The company has also introduced solar lights, streetlights and floodlights and is expanding its EMS capabilities as global client orders rise.

Q2FY26 Key Financial Highlights (Consolidated)

Highest-ever Q2 performance

Total revenue: Rs 500.6 million (+46.9 per cent YoY)

EBITDA: Rs 38.9 million (+51.2 per cent YoY)

EBITDA margin: 7.8 per cent (+30 bps YoY)

PAT: Rs 19.8 million (+18.9 per cent YoY)

H1FY26 Key Financial Highlights (Consolidated)

Highest-ever H1 performance

Total revenue: Rs 951.4 million (+81.8 per cent YoY)

EBITDA: Rs 76.8 million (+167.4 per cent YoY)

EBITDA margin: 7.5 per cent (+237 bps YoY)

PAT: Rs 26.1 million

Commenting on the results, Sushil Kumar Malik, Chairman and Managing Director of Calcom Vision Ltd, said the company achieved its highest-ever quarterly and half-yearly revenue performance. “Growth was driven by steady demand, an improving product mix and strong execution. We continue to focus on innovation and expanding ODM offerings such as streetlights, floodlights, bulkheads, high-bay lighting, linear office lighting and integrated solar streetlight solutions,” he said.

He added that Calcom Vision is now expanding into higher-value products and widening its mass-consumption strategy to include outdoor lighting. “By moving up the value chain, we aim to strengthen scale, optimise yield and cement our position as a long-term value partner to our clients. We are confident of maintaining growth momentum in the coming quarters and aim to exceed Rs 2.5 billion revenue in FY26.”

Calcom Vision Ltd, one of India’s leading Electronics Manufacturing Services (EMS) and Original Design Manufacturers (ODM), has reported strong unaudited results for Q2FY26 and H1FY26, reflecting sustained growth momentum across its product lines. The company manufactures energy-efficient electronics and consumer durables. For Q2FY26, the company reported a profit after tax of Rs 19.8 million, up 18.9 per cent year-on-year from Rs 16.6 million in Q2FY25. Revenue from operations rose 46.9 per cent to Rs 500.6 million, compared with Rs 340.8 million last year. For H1FY26, total income stood at Rs 973.1 million, an 80 per cent rise from Rs 540.7 million in H1FY25. PAT increased to Rs 26.1 million, compared with a loss of Rs 2 million in the previous year. The company has now delivered strong results for four consecutive quarters, driven by stable demand, a better product mix and strong execution on the ground. Growth has been supported by an expanded Professional and Industrial Lighting portfolio, while LED bulbs and battens continue to gain traction with new customers. The company has also introduced solar lights, streetlights and floodlights and is expanding its EMS capabilities as global client orders rise. Q2FY26 Key Financial Highlights (Consolidated) Highest-ever Q2 performance Total revenue: Rs 500.6 million (+46.9 per cent YoY) EBITDA: Rs 38.9 million (+51.2 per cent YoY) EBITDA margin: 7.8 per cent (+30 bps YoY) PAT: Rs 19.8 million (+18.9 per cent YoY) H1FY26 Key Financial Highlights (Consolidated) Highest-ever H1 performance Total revenue: Rs 951.4 million (+81.8 per cent YoY) EBITDA: Rs 76.8 million (+167.4 per cent YoY) EBITDA margin: 7.5 per cent (+237 bps YoY) PAT: Rs 26.1 million Commenting on the results, Sushil Kumar Malik, Chairman and Managing Director of Calcom Vision Ltd, said the company achieved its highest-ever quarterly and half-yearly revenue performance. “Growth was driven by steady demand, an improving product mix and strong execution. We continue to focus on innovation and expanding ODM offerings such as streetlights, floodlights, bulkheads, high-bay lighting, linear office lighting and integrated solar streetlight solutions,” he said. He added that Calcom Vision is now expanding into higher-value products and widening its mass-consumption strategy to include outdoor lighting. “By moving up the value chain, we aim to strengthen scale, optimise yield and cement our position as a long-term value partner to our clients. We are confident of maintaining growth momentum in the coming quarters and aim to exceed Rs 2.5 billion revenue in FY26.”

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..