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SYSTEMATIC INDUSTRIES LIMITED — Earnings Release 2026
May 27, 2026
60613_rns_2026-05-27_8974052e-2d0d-4e49-94e0-ef02991a28b5.pdf
Earnings Release
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SYSTEMATIC INDUSTRIES LIMITED
(Formerly Known as SYSTEMATIC INDUSTRIES PRIVATE LIMITED)
REGISTERED OFFICE: 418, NIRMAL CORPORATE CENTRE, L.B.S. MARG, MULUND (W), MUMBAI - 400 080.
CIN L27320MH2000PLC125313; TEL: 022-41383900; FAX: 25684711
Website: www.systematicindustries.com Email: [email protected]
Date: May 27, 2026
To,
The Manager,
Listing Department
BSE Limited
Phiroze Jeejeeboy Towers,
Dalal Street, Mumbai – 400001
Reference: Systematic Industries Limited (“the Company”)
Scrip Code: 544541 ISIN: INE1KLZ01011
Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 – Press Release on Financial Highlights H2 & FY26
Dear Sir / Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed Press Release on Financial Highlights - H2 & FY26 of the Company for your reference.
We request you to kindly note the same and take into your records.
Thanking You.
Yours faithfully,
For Systematic Industries Limited
(Formerly known as Systematic Industries Private Limited)
LALWANI
DIMPLE
Dimple Lalwani
Company Secretary
Membership No. A67815
Enclosure: As Above
SYSTEMATIC
PRESS RELEASE
Systematic Industries Registers Strong Revenue Growth of 23.9% YoY in FY26 Surpasses INR 5,500 Mn Revenue Milestone in FY26 Achieves Net-Debt Free Status as on 31st March 2026
Mumbai, 27 May 2026: Systematic Industries Limited (SIL), a leading manufacturer of specialised steel wires, cables and optical fibre solutions, is pleased to announce its impressive financial performance for the fourth quarter and financial year ended March 31, 2026.
Financial Highlights – H2 & FY26
| Particulars (in INR Mn) | H2FY26 | H2FY25 | YoY | FY26 | FY25 | YoY |
|---|---|---|---|---|---|---|
| Total Revenues | 3,006 | 2,836 | 6.0% | 5,563 | 4,492 | 23.9% |
| EBITDA | 204 | 223 | (8.4%) | 405 | 369 | 9.7% |
| EBITDA margin | 6.8% | 7.9% | (104bps) | 7.3% | 8.2% | (94bps) |
| PAT | 117 | 113 | 4.2% | 210 | 181 | 16.4% |
| PAT margin | 3.9% | 4.0% | (7bps) | 3.8% | 4.0% | (24bps) |
| EPS (in INR) | 6.00 | 6.70 | (10.4%) | 10.74 | 10.75 | (0.1%) |
Financial Results – FY26
- Total Revenues: FY26 Total Revenues stood at INR 5,563 Mn, grew by 23.9% YoY
- EBITDA: EBITDA for FY26 stood at INR 405 Mn, up by 7.1% YoY
- PAT: PAT during FY26 grew by 16.4% YoY to INR 210 Mn; PAT margin stood at 3.8%
Commenting on the development, Chairman and Managing Director of Systematic Industries, Mr. Siddharth Rajendra Agarwal said:
"We are pleased to report a strong performance for FY26, with total revenues growing by 23.9% YoY to INR 5,563 Mn, driven by sustained demand across our core segments. Our PAT grew by 16.4% YoY to INR 210 Mn, reflecting our continued focus on disciplined execution and profitability.
The company achieved a key milestone by securing its first EPC contract from Power Grid Corporation of India Limited (PGCIL). This contract involves end-to-end execution including the supply and installation of Optical Ground Wire (OPGW) cable for the 400KV Agra-Kumher portion of (Sikar-Agra up to the LILO point at Kumher). This accomplishment has positioned the company to qualify for participation in upcoming OPGW tenders estimated at around INR 10,000 Mn in FY27. Additionally, the company marked another success by exporting OPGW cables at the beginning of FY27.
During the year, we further strengthened our position as a fully integrated player across steel wires, Optical Ground Wire (OPGW), and Optical Fibre Cables (OFC). Our strategic expansion into margin-accretive segments such as OFC and OPGW, along with our entry into EPC opportunities, is enabling us to capture emerging opportunities across India's evolving power transmission and digital infrastructure landscape.
We are particularly encouraged by the strong order momentum witnessed during the year. We secured a first landmark order from Indian Railway worth over INR 100 Mn for the supply of 24/48-fibre armoured optical fibre cables, reinforcing our leadership in railway communication infrastructure. In addition, we received multiple OPGW orders from leading EPC and utility players for power transmission projects in India and international markets. These wins underscore our strong technical capabilities, RDSO approvals, and growing presence in high-value infrastructure projects.
We remain confident of improving profitability driven by a richer product mix, operating leverage, and scale-up of our new-age businesses. Strong structural tailwinds in infrastructure spending, power transmission expansion, and rapid digitalisation continues to support our long-term growth outlook.
Importantly, we have strengthened our balance sheet by achieving net-debt free status as on 31st March 2026 through repayment of the borrowings, reflecting our focus on financial discipline and prudent capital allocation. This provides us with greater flexibility to fund future growth initiatives while maintaining a strong financial position.
Looking ahead, with a robust order pipeline of INR 250 Mn, for new product segments expanding global footprint, and continued investments in capabilities and higher capacity utilisation, we are well positioned to capitalise on long-term growth opportunities and deliver sustainable value to all stakeholders."
About Systematic Industries Limited
Systematic Industries Limited (SIL), founded in 2000, is India's 3rd largest and a leading manufacturer of steel wires and cables, with a strong presence across both legacy and new-age infrastructure products. The Company operates five manufacturing facilities across India with a combined installed capacity of 1,00,000 MTPA and serves customers across ~25 states and over 30 countries globally. SIL is an approved vendor for key government and utility bodies, including RDSO and Power Grid Corporation of India Limited, and is a development vendor for Fibre Armoured Optical Fibre Cables and Optical Ground Wires (OPGW). Backed by in-house R&D, a diversified product portfolio, and a net debt-free balance sheet, Systematic Industries is well positioned to benefit from India's expanding power transmission, railway, telecom and infrastructure investments.
For more information, please contact:
| Systematic Industries Limited | Ernst & Young LLP |
|---|---|
| Dwarika Agarwal | Hiral Keniya |
| [email protected] | [email protected] |
DISCLAIMER:
Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political, or economic developments, industry risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. Systematic Industries Limited will not be responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.