BSE:BONDADA management interview: From ₹2,800 Cr To ₹4,500 Cr: Inside Bondada’s Growth Plan | Small Cap Infra Giant In The Making?
ET Now, 2026-04-29. Video: https://www.youtube.com/watch?v=23IsoSWAqAc
- Revenue growth guidance: Bondada Engineering closed FY26 with a top line of ₹2,843 crore and PAT of ₹211 crore, and targets 65% to 70% growth in FY27 to reach approximately ₹4,000 crore to ₹4,500 crore backed by a ₹7,150 crore order book.
- Margin expansion strategy: While renewable energy continues to make up 65% to 75% of revenue, new contributions from data centers and defense—which command EBITDA margins of 15% to 18%—are expected to expand PAT margins by 80 to 90 basis points.
- Cash flow turnaround: Operating cash flow rebounded from negative ₹140 crore to positive ₹125 crore due to disciplined working capital management and timely collections from AAA-rated and public sector clients.
- Expansion and acquisitions: Surplus cash will fund an integrated manufacturing plant near Hyderabad and capacity expansion, while the company is also conducting due diligence to acquire up to three niche defense companies at ticket sizes of ₹10 crore to ₹15 crore each.