Megatherm Induction Limited · NSE:MEGATHERM
Megatherm Induction — H1 FY2026 Earnings Presentation
42 slides from Megatherm Induction's earnings presentation, Nov 11, 2025
Slide 1: NSE filing cover letter
Date: 11 November, 2025 To The Listing Department, National Stock Exchange of India Ltd, Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai– 400051 Ref.: Megatherm Induction Limited / NSE/2025-26/51 Symbol: MEGATHERM ISIN: INE531R01010 Dear Sir/Madam, Sub: Investor Presentation on the Un-au
Slide 2: Megatherm Induction Limited Investor Presentation H1FY26
MEGATHERM INDUCTION LIMITED INVESTOR PRESENTATION H1FY26
Slide 3: Disclaimer
DISCLAIMER This presentation and the accompanying slides (the “Presentation”), which have been prepared by Megatherm Induction Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any se
Slide 4: Table of Contents
TABLE OF CONTENTS 01 About Us 02 Industry Overview 03 Key Performance Highlights 04 Way Forward 05 Annexure 06 Annual Financial Overview Investor Presentation H1FY26 3
Slide 5: About Us
01 ABOUT US Investor Presentation H1FY26 4
Slide 6: About Us
ABOUT US Manufacturer of: • Services portfolio includes turnkey solutions Induction Products & Transformers for steel plant, which involves design, engineering, supply, erection & commissioning of the steel melt shops. • After sales service includes maintenance contracts & spare parts business. Indu
Slide 7: Management Team
MANAGEMENT TEAM MR. SHESADRI BHUSAN CHANDA Chairman & Managing Director • Bachelor of Electrical Engineering - Jadavpur University • Gold medalist, topper & recipient of various awards • Experience - 45 Years MR. SATADRI CHANDA Whole Time Director & CFO • Bachelors of Technology in Electronics & Com
Slide 8: Induction Technology and Application
INDUCTION TECHNOLOGY AND APPLICATION Principle of Induction Application of Induction • Melting - Mainly used in Foundry & Steel Sector • Heating - Mainly used in Railways, Pipes & Tubes, Automotive & Metal Working sectors • When Alternating Current (AC) current is passed through a coil around a meta
Slide 9: Induction Products & Transformer
INDUCTION PRODUCTS & TRANSFORMER Induction Melting Induction Billet Induction Hardening & Induction Transformers Furnace Heaters Heat-treating Equipment Power Source • Electrical furnace used to • Heating of ferro-magnetic • Utilizes the principle of • Converters accept multi- • Converter Transforme
Slide 10: Allied Products
ALLIED PRODUCTS Ladle Refining Electric Arc Continuous Casting Rail Hardening Fume Extraction Furnace Furnace Machine (Ccm) Machine System • To adjust the chemical • Melts all type of scrap • Converts liquid steel into • Used for heat treatment & • Used to extract fumes composition & raise the irres
Slide 11: Solar Transformers
SOLAR TRANSFORMERS Unlocking High-Growth Potential in Renewable Energy Product: Inverter Duty Transformers (IDT) and Multi-Winding Transformers The successful testing of a 13.2 MVA Inverter Duty Transformer (IDT) in August 2025, validated by CPRI Bhopal, marks a pivotal milestone. This innovation is
Slide 12: Manufacturing Facilities (1/2)
MANUFACTURING FACILITIES (1/2) STATE OF THE ART PRODUCTION & TESTING FACILITY ALONG WITH R&D LAB & TRAINING CENTRE SPREAD ACROSS 8 ACRES IN VIDYASAGAR INDUSTRIAL PARK, KHARAGPUR, WEST BENGAL • Equipped with machineries including CNC Lathe Machine, CNC 01 vertical machine centre, Heat chamber, 1600 k
Slide 13: Manufacturing Facilities (2/2)
MANUFACTURING FACILITIES (2/2) Types of Transformers that will be manufactured NEW PRODUCTION & TESTING FACILITY LOCATED AT VIDYASAGAR INDUSTRIAL Industrial / Power PARK, KHARAGPUR, WEST BENGAL Converter Duty Transformers Inverter Duty Transformers LRF / Arc Furnace Transformers Transformers (up to
Slide 14: In-house Engineering & Development
INHOUSE ENGINEERING & DEVELOPMENT Engineering Dedicated team of Experienced Engineers having expertise in various engineering applications & problem-solving skills to provide total Engineering Solutions to our customers Research & Development Many design features which we are providing now (like Nan
Slide 15: Our Presence
OUR PRESENCE Widespread Domestic and EUROPE (e.g. Poland, France, UK) International Presence In 5 USA Continents GULF SAARC (e.g. Saudi Arabia, UAE) (e.g. Bangladesh, Nepal, Bhutan) SOUTH EAST ASIA (e.g. Indonesia, Malaysia) SOUTH AMERICA AFRICA (e.g. South Africa, Kenya, (e.g. Argentina, Brazil, et
Slide 16: Diversified Clientele Across Industries
DIVERSIFIED CLIENTELE ACROSS INDUSTRIES Primary Steel producers Secondary Steel producers Auto DI Pipe producers and Ordnance Factories (involved in conversion of iron ore (involved in scrap recycling) Ancillaries diverse engineering & Railways into sponge iron & subsequent Refractory-Lined Vessel c
Slide 17: Industry Overview
INDUSTRY 02 OVERVIEW Investor Presentation H1FY26 16
Slide 18: Industry Overview (1/2)
INDUSTRY OVERVIEW (1/2) Indian Power Sector Transformer Market Indian Renewable Sector • India, the world’s third-largest power producer and • India’s Power and Distribution Transformer Market • The India Renewable Energy Market size in terms of consumer, had an installed capacity of 472.46 GW as is
Slide 19: Industry Overview (2/2)
INDUSTRY OVERVIEW (2/2) . Indian Foundry Automobile Sector Wise Major Consumer Of Castings Industry Component Industry Auto 32 • The automotive components industry experienced • Foundry Industry has a turnover of approx. USD a 11% YoY growth, reaching Rs. 3.32 lakh crore 21.0 Billion with export app
Slide 20: Indian Production & Export of Casting
INDIAN PRODUCTION & EXPORT OF CASTING Export Data of Major Castings (Mn USD) Production Of Casting In India (Million M.T) 10.42 4116 3940 9.83 9.41 3537 8.62 8.44 7.91 3102 7.72 3066 2865 2730 1.72 1.61 1.58 1.46 1.46 1.36 1.36 1.34 1.31 1.26 1.24 1.23 1.22 1.21 1.14 1.4 1.05 1.3 1.03 0.91 1.1 0.05
Slide 21: Steel Industry
STEEL INDUSTRY Policy initiatives to drive manufacturing. GOI to spend $1.4 trillion on infrastructure by 2025. Make In Atma Nirbhar Vocal for Specialty Steel Pradhan Developing India Bharat Local Production- Mantri Smart Cities linked incentive Awas Yojna (PLI) scheme, Growing investmentsin Manufac
Slide 22: Advantages of Induction Technology for Steel Melting
ADVANTAGES OF INDUCTION TECHNOLOGY FOR STEEL MELTING Blast Furnace (BF) Electric Arc Furnace (EAF) Induction Furnace (IF) CO2 Equivalent Emissions Estimated range of CO2 2.2 – 2.6 0.6 – 0.8 0.3 – 0.4 equivalent (CO2e) emissions (in tons) per ton of BF - BOF Scrap based EAF Scrap based IF crude steel
Slide 23: Industry Overview: Market Size in India
INDUSTRY OVERIEW Market Size in India: Size Growth Rate Foundry & 150 – 200 Cr 10% - 12% Castings Market Induction Heating 250 – 300 Cr 10% - 12% & Forging Market Induction Hardening 200 – 250 Cr 12% - 14% & Welding Market Induction Furnace 350 – 500 Cr 7% - 13% for Steel Making Allied Products like
Slide 24: Key Performance Highlights
KEY 05 PERFORMANCE HIGHLIGHTS Investor Presentation H1FY26 23
Slide 25: Key Performance Highlights - H1FY26
KEY PERFORMANCE HIGHLIGHTS - H1FY26 REVENUE (Rs. Mn) EBITDA (Rs. Mn) / PAT (Rs. Mn) / EPS (Rs) EBITDA Margin (%) PAT Margin (%) 10.2% 9.8% 9.37% 7.6% 6.3% 5.2% 1590.5 6.39 1468.8 1479.5 5.48 4.94 137.6 151.4 155.7 93.1 120.4 75.9 H1FY24 H1FY25 H1FY26 H1FY24 H1FY25 H1FY26 H1FY24 H1FY25 H1FY26 H1FY24
Slide 26: Key Performance Highlights - H1FY26
KEY PERFORMANCE HIGHLIGHTS - H1FY26 OPERATIONAL EFFICIENCY AMID GROWTH INVESTMENTS Employee Benefits Other Expenses Total OpEx (HR Costs) (incl. Marketing) (excl. COGS & Inventory) +29.9% YoY +10.0% YoY +17.0% YoY Stable EBITDA Scalability Despite ~30% increase in HR costs from new recruitments Curr
Slide 27: Half Yearly Statement - H1FY26
HALF YEARLY STATEMENT - H1FY26 Particulars (Rs. in Mn) H1FY26 H1FY25 YoY(%) FY25 Revenue From Operations 1,590.50 1,479.51 7.50 3,205.08 Cost Of Raw Materials 1,198.30 1,067.73 12.23 2,345.52 Changes In Inventories -48.76 16.66 -100.00 -12.83 Employee Benefit Expense 112.21 86.41 29.85 176.12 Other
Slide 28: Way Forward
WAY 03 FORWARD Investor Presentation H1FY26 27
Slide 29: Revenue Guidance
REVENUE GUIDANCE Amount in Rs. Cr Current Order Carry Over FY27 Revenue Within 24 - 30 Within 48 - 54 order Book to FY27 Guidance Months (FY28 / 29) Months (FY31/32) Transformer - Domestic ~35 ~20 77 150 265 - Export ~5 ~5 8 10 35 Induction Products & Allied Equipment / Projects - Domestic / SAARC ~
Slide 30: Business Updates – Transformers (1/3)
BUSINESS UPDATES – TRANSFORMERS (1/3) Factory Visit Complete / Make Approval Discussion in Process Tata Power Tata Power Aditya Birla Aditya Birla Jackson Jackson Waree Waree BFL Hydro BFL Hydro Replus Maha Gen Co. GE Veranova Renew Sterling Wilson Enerture • Actively participating in IDT enquiries
Slide 31: Business Updates – Transformers (2/3)
BUSINESS UPDATES – TRANSFORMERS (2/3) Enquiry Cum Offers Register (Major RFQ's) Sl. No Name of Customer Type of Transformer Quantity By Dec 25 (Cr.) By Mar 26 (Cr.) 1 Jindal India Renewable Energy PCS Transformer 21 Nos - ₹ 11.76 2 Jindal India Renewable Energy Inverter Duty Transformer 15 Nos - ₹ 1
Slide 32: Business Updates – Transformers (3/3)
BUSINESS UPDATES – TRANSFORMERS (3/3) Enquiry Cum Offers Register (Major RFQ's) Sl. No Name of Customer Type of Transformer Quantity By Dec 25 (Cr.) By Mar 26 (Cr.) 20 Essel Mining & Industries Ltd, Aditya Birla Group Power Transformer 3 Nos. - ₹ 2.25 21 Enerture Technologies Pvt Ltd Inverter Duty T
Slide 33: Emerging Sectors with Expanding Global Footprints
EMERGING SECTORS WITH EXPANDING GLOBAL FOOTPRINTS Export market is Most international We are seeing Megatherm has Megatherm has Megatherm is Similar process in Heavy investment key for rapid players like proposals for tie created a JV with tied up with creating office ongoing in Africa, towards mark
Slide 34: Growth Drivers
GROWTH DRIVERS Transformers Induction Products Facility: Green Furnace Success: Largest in Eastern India. Gained market share due to energy efficiency; plans to expand in West & South • Shed complete; machinery installation in progress India. • Commissioning: Q1 FY26 Product Diversification: Capacit
Slide 35: JV with Cyprium Induction LLC
JV WITH CYPRIUM INDUCTION LLC 1 Name Of The Entity Cyprium Induction, LLC. 2 Area Of Agreement/JV Selling and promoting all Megatherm products into the North American market. 3 Share Exchange Ratio / JV Ratio The Company will hold 49.99% shares in the proposed JV Company and 50.01% will be held by C
Slide 36: Annexure
04 ANNEXURE Investor Presentation H1FY26 35
Slide 37: Quality Assurance
QUALITY ASSURANCE Certified with international standards of Quality Management Systems such as ISO 9001:2015 from SGS United Kingdom Limited. Inspection and Testing Quality is an online & Usage of sophisticated Testing technology continuous activity integrating equipment's in inspection calibrated t
Slide 38: Awards & Recognition
AWARDS & RECOGNITION Star Performer of the Star Performer of the Manufacturing & Manufacturing & 40 Under 40 Achievers Year 2007-2008 Year 2012-2013 MSME Conclave 2022 MSME Conclave 2022 Of The Year 2023 Award for Miscellaneous Award for Export Green Manufacturing Award for among the most General Pu
Slide 39: Annual Financial Overview
ANNUAL 06 FINANCIAL OVERVIEW Investor Presentation H1FY26 38
Slide 40: Annual Financial Highlights
ANNUAL FINANCIAL HIGHLIGHTS Revenue (Rs. Mn) EBITDA (Rs. Mn) PAT (Rs. Mn) EPS (Rs.) 360.4 357.2 14.13 207.2 213.1 3062.5 3205.1 11.31 2658.8 275.4 10.11 140.0 1878.3 84.8 11.0 0.8 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 FY22 FY23 FY24 FY25 Revenue (%) EBITDA Margin (%) PAT Margin
Slide 41: Annual Balance Sheet
ANNUAL BALANCE SHEET Equity & Liabilities(Rs. in Mn) FY23 FY24 FY25 Assets (Rs. in Mn) FY23 FY24 FY25 Share Capital 92.33 188.41 188.41 Fixed Asset 573.38 631.32 760.01 Reserves & Surplus 413.94 1,015.04 1,228.10 Intangible Asset 6.81 9.39 7.18 Total Equity 506.26 1,203.45 1,416.51 Work-In-Progress
Slide 42: Thank You
THANK YOU MEGATHERM INDUCTION LIMITED Megatherm Tower Sector-V, Saltlake, Kolkata, India, Postal Code – 700091 +91 033 4088 6200 info@megatherm.com https://megatherm.com/ KAPTIFY ®CONSULTING Strategy & Investor Relations | Consulting +91-845 288 6099 www.kaptify.in contact@kaptify.in
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