NSEPress Release1d ago · 3 Nov 2026, 08:56 pm
Press Release
Jyoti Structures Limited · JYOTISTRUC
✦ AI Summary▲ PositiveResults
Jyoti Structures Limited has reported strong growth in Q2 and H1 FY 2026-27, with a 60.2% year-on-year increase in standalone total income to ₹248.57 crore and an order book of ₹4,219 crore.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment9/10
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Jyoti Structures Limited has informed the Exchange regarding a press release dated November 03, 2026, titled "Jyoti Structures Limited Reports Strong Growth in Q2 and H1 FY 2026-27".
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JYOTI STRUCTURES LIMITED
Corporate Office: Valecha Chambers
6th Floor, New Link Road Oshiwara
Andheri (West) Mumbai -400053
Corporate Identity No: L45200MH1974PLC017494
Ref: JSL/HO/CS/GEN/26-27/70 Date: November 03, 2026
BSE Limited, National Stock Exchange of India Limited,
Phiroze Jeejeeboy Towers, Exchange Plaza, 5th Floor,
Dalal Street, Fort, Plot No. C/1, G Block,
Mumbai 400 001. Bandra Kurla Complex, Bandra (East),
Mumbai 400 051.
NSE Scrip Symbol: JYOTISTRUC
BSE Scrip Code: 513250
Dear Sir/Madam,
Sub: Press Release
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,
2015, please find enclosed herewith the Press Release on the “Jyoti Structures Limited Reports Strong
Growth in Q2 and H1 FY 2026-27”
Kindly take the same on records.
Thanking You.
Yours faithfully,
For Jyoti Structures Limited
Sonali K. Gaikwad
Company Secretary
FCS 13908
Encl: As Above
Nashik Factory: 52A/53A, D.Road, Satpur Industrial Complex, Nashik - 422007, Maharashtra, India
Raipur Factory: 1037/1046, Sarora Ring Road, Urla Industrial Complex, Raipur - 493221, Chhattisgarh, India|
Testing Station & R&D Center: Ubhade Shivar, Village - Deole, Ghoti - Bhandardara Road, Taluka - Igatpuri, Dist. - Nasik 422402|
Tel.: (01-22)-4091-5000 | Website: www.jyotistructures.in
Jyoti Structures Limited Reports Strong Growth in
Q2 and H1 FY 2026-27
Standalone total income up 60.2% year-on-year to ₹248.57 crore in Q2; order book
stands at ₹4,219 crore
MUMBAI, November 3, 2026 – Jyoti Structures Limited ("JSL" or "the Company"), a leading
infrastructure and power transmission engineering, procurement and construction (EPC) company,
today announced its standalone unaudited financial results for the quarter and half year ended
September 30, 2026.
The Company delivered a strong operational and financial performance during the quarter, supported
by focused execution, cost control and steady progress on its order book. Improved operating
efficiencies lifted the EBITDA margin by 28 basis points year-on-year, reflecting the Company's
commitment to sustainable growth and long-term value creation.
Financial Performance – Standalone (₹ crore)
Quarterly Performance: Q2 FY 2026-27 vs. Q2 FY 2025-26
Parameter Q2 FY 2026-27 Q2 FY 2025-26 YoY Change
Total Income 248.57 155.21 ▲ 60.2%
EBITDA 22.16 13.40 ▲ 65.4%
EBITDA Margin (%) 8.91% 8.63% ▲ 28 bps
Profit Before Tax (PBT) 15.53 10.17 ▲ 52.7%
Profit After Tax (PAT) 15.37 9.72 ▲ 58.1%
Half Yearly Performance: H1 FY 2026-27 vs. H1 FY 2025-26
Parameter H1 FY 2026-27 H1 FY 2025-26 YoY Change
Total Income 503.75 317.61 ▲ 58.6%
EBITDA 47.13 26.54 ▲ 77.6%
Profit Before Tax (PBT) 34.80 20.41 ▲ 70.5%
Profit After Tax (PAT) 34.83 20.88 ▲ 66.8%
Standalone, unaudited. YoY change compares the current period with the corresponding period of the previous financial year.
bps = basis points.
Management Commentary
Shri Abdul Hameed Khan, Whole Time Director, Jyoti Structures Limited, said:
"The Company delivered robust growth during Q2 FY 2026-27, driven by a strong order book,
improved execution capabilities and continued operational efficiencies. With a promising order
pipeline, expanding business opportunities and strong growth prospects in the Transmission &
Distribution (T&D) sector, the Company is well positioned to capitalise on emerging market
opportunities."
Jyoti Structures Limited | Press Release | Page 1
Business Highlights – Q2 FY 2026-27
• Revenue. Standalone total income stood at ₹248.57 crore against ₹155.21 crore in Q2 FY 2025-
26, a growth of 60.2% year-on-year. For H1 FY 2026-27, total income was ₹503.75 crore against
₹317.61 crore in H1 FY 2025-26.
• Profitability. EBITDA rose to ₹22.16 crore from ₹13.40 crore, and the EBITDA margin expanded
to 8.91% from 8.63%, an improvement of 28 basis points, driven by operating efficiencies and better
cost control.
• Earnings. Profit before tax was ₹15.53 crore compared with ₹10.17 crore in the corresponding
quarter last year. Profit after tax was ₹15.37 crore compared with ₹9.72 crore, a year-on-year
increase of 58.1%.
• Investment. The Company continued to invest in execution capabilities, manufacturing capacity
and digital project monitoring while maintaining margin discipline.
Order Book and Operational Highlights
• Order book. The Company's order book stood at ₹4,219 crore as on September 30, 2026,
providing revenue visibility across the transmission and infrastructure segments.
• Order inflow. New orders aggregating ₹2,322 crore were secured in FY 2026-27 to date, reflecting
continued demand for the Company's EPC services.
• Project execution. Projects under execution progressed, with efficient deployment of manpower,
equipment and fabrication capacity.
• Manufacturing capabilities. Enhanced in-house fabrication of towers and structures is supporting
better quality control, cost competitiveness and delivery timelines.
Key Credentials
Area Achievement
Established 1974
Transmission lines constructed Over 33,000 circuit kilometres
High-voltage substation bays constructed Over 1,800, ranging from 11 kV to 765 kV
Villages electrified Over 37,500
Transmission tower manufacturing Over 1.5 million metric tonnes
Tower testing capability Over 527 towers tested up to 1,200 kV
Transmission line expertise Up to 800 kV AC and HVDC systems
Substation expertise Turnkey substations up to 765 kV
International experience Project experience across more than 50 countries
Integrated Infrastructure and Technical Capabilities
JSL possesses integrated engineering, manufacturing, testing and project execution capabilities,
supported by manufacturing facilities at Nashik and Raipur and an advanced tower testing and R&D
facility at Ghoti, near Nashik. Its capabilities include:
• Engineering, design and route optimisation of transmission lines.
• Manufacturing and galvanisation of transmission towers and substation structures.
• Full-scale prototype tower testing up to 1,200 kV.
• Turnkey construction of high-voltage and extra-high-voltage transmission lines.
Jyoti Structures Limited | Press Release | Page 2
• Design, construction and commissioning of substations.
• Rural electrification and distribution infrastructure.
• Execution of complex transmission projects across diverse geographical terrains.
Revenue Trajectory
JSL has demonstrated sustained improvement in its business operations and financial performance.
Financial Year Revenue (₹ crore)
FY 2022-23 231.07
FY 2023-24 463.02
FY 2024-25 504.50
FY 2025-26 772.44
Outlook: The Way Forward
The Company's strategy is centred on converting a strong order book into profitable growth while
building capacity for the next phase of transmission and infrastructure investment.
• Order book growth. Selective bidding in high-growth transmission and distribution segments to
build order book visibility.
• Sector tailwinds. Sustained investment in power transmission and distribution networks,
renewable energy evacuation infrastructure and public capital expenditure is expected to support
demand for the Company's services.
• Manufacturing capacity. Expansion of in-house manufacturing capabilities to support quality,
delivery timelines and cost competitiveness.
• Margin focus. Improved productivity to protect margins.
• Financial discipline. Prudent working capital management, and healthy liquidity.
• Risk management. Monitoring of raw material prices, interest rates and regulatory developments,
with measures to manage the associated risks.
Jyoti Structures Limited | Press Release | Page 3