Profit after tax rises tenfold as ARIS turns net cash positive

11 May 2026 CW Team

Arisinfra Solutions Limited reported strong FY26 results, with revenue rising 39 per cent year-on-year to Rs 10.67 billion. Profit after tax increased more than tenfold to Rs 603 million, while EBITDA margin expanded to 9.43 per cent from 6.53 per cent in FY25.

The company turned net cash positive during the year, with net debt-to-equity improving from 1.25x to -0.09x. Cash flow from operations crossed Rs 1 billion, while net working capital days reduced from 110 to 66, reflecting stronger cash generation and improved operating efficiency.

Q4 FY26 was the company’s strongest quarter, with revenue rising 55 per cent year-on-year to Rs 3.43 billion. EBITDA nearly tripled to Rs 305 million, while the quarter delivered a profit of Rs 217 million against a loss of Rs 5 million in the previous year.

ARIS said its higher-margin segments drove the performance. Contract Manufacturing grew 95 per cent to Rs 4.98 billion, while Developer-as-a-Service rose 109 per cent to Rs 980 million. Together, these segments accounted for 56 per cent of total revenue, compared with less than 40 per cent a year earlier.

The company has secured 9 million MTPA reserved capacity across more than 10 partner plants under long-term agreements, while its Developer-as-a-Service vertical has nine active projects with an estimated gross development value of Rs 12.67 billion.

Ronak K Morbia, Chairman and Managing Director, said FY26 was a defining year for ARIS, marked by its IPO, debt reduction, contract manufacturing expansion and growth in Developer-as-a-Service. For FY27, the company plans to expand contract manufacturing capacity by 20–25 per cent and enter higher-margin categories such as tiles, plumbing, electricals and sanitaryware.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..