Gmm Pfaudler Limited · NSE:GMMPFAUDLR
Gmm Pfaudler — Q4 & FY26 Earnings Presentation
36 slides from Gmm Pfaudler's earnings presentation, May 21, 2026
Slide 1: Cover letter to stock exchanges
GMM/SEC/2026-27/09 May 21, 2026 To, BSE Limited National Stock Exchange of India Limited Scrip Code: 505255 Symbol: GMMPFAUDLR Sub.: Investor Presentation on the Audited Standalone and Consolidated Financial Statements of GMM Pfaudler Limited (“the Company”) for the year ended March 31, 2026 Dear Si
Slide 2: Earnings Presentation Q4 & FY26
Rooted in Strength Aligned for Tomorrow Earnings Presentation Q4 & FY26 May 21, 2026 Linkedin logo vector, Linkedin symbol, Linkedin icon free vector 18910721 X Logo Replaces Twitter's Famous Bird: Everything You Need to Know About X's Rebranding Vector Art at Vecteezy www.gmmpfaudler.com
Slide 3: Disclaimer
Disclaimer This presentation has been prepared by GMM Pfaudler Limited (the “Company”) and forms a part of its intellectual property which is solely for the purposes of your general information and shall not be taken away, distributed, reproduced, or redistributed or passed on, directly or indirectl
Slide 4: Consolidated Financial Snapshot – FY26
Consolidated Financial Snapshot – FY26 Revenue EBITDA Order Intake Backlog ₹3,524 Cr ₹403 Cr ₹3,714 Cr ₹2,194 Cr 11.4% Margin ↑ 10% ↑ 11% ↑ 20% ↑ 34% Year - on - Year Year - on - Year Year - on - Year Year - on - Year PAT # EPS ^ ₹52 Cr ₹12.86 1.5% net margin ↑ 5% ↑ 9% # In cludes Exceptional items
Slide 5: Consolidated Financial Performance – FY26
Consolidated Financial Performance – FY26 Revenue EBITDA Figures in ₹ crores 10% 11% 3,446 3,524 476 3,178 3,199 429 403 361 2,541 284 11.2% 13.5% 13.8% 11.3% 11.4% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25# FY26 Profit After Tax EPS 5% 9% 3.6% 210 4.4% 5.7% 1.3% 171 36.80 39.03 75 19.39 49 52 11
Slide 6: Key Highlights
Key Highlights Consolidated: • Revenue up 10% YTD and Q4 FY26 up 17% YoY. • EBITDA up 11% YTD and Q4 FY26 down 10% YoY. • PAT up 5% YTD and Q4 FY26 up 155% YoY • Order Intake up 20% YTD and for Q4 FY26 up 32% YoY. • Backlog up 34% YTD. India: • Revenue ₹ 1,034 Crores up 12% YTD and Q4 FY26 ₹ 289 Cro
Slide 7: Consolidated Financial Snapshot – Q4 FY26
Consolidated Financial Snapshot – Q4 FY26 Revenue EBITDA Order Intake ₹944 Cr ₹75 Cr ₹871 Cr 8.0% Margin ↑ 17% Year - on - Year ↓ 10% Year - on - Year ↑ 32% Year - on - Year PAT # EPS # ₹15 Cr ₹3.82 1.6% net margin ↑ 155% ↑ 164% # In cludes Exceptional items - Waghäusel severance. PAT excluding exce
Slide 8: Consolidated Financial Performance – Quarterly Trend
Consolidated Financial Performance – Quarterly Trend Revenue EBITDA Figures in ₹ crores 17% - 10% 902 883 944 122 807 795 101 105 83 75 10.3% 12.7% 13.5% 11.9% 8.0% Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q4 FY25^ Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Profit After Tax EPS 155% 164% 8.86 38 3.6% 4.4% 5.7%
Slide 9: Order Intake & Backlog Trends
Order Intake & Backlog Trends Order Intake - QoQ Backlog - QoQ Figures in ₹ crores 32% 34% 1004 961 2,205 2,194 878 871 2,146 660 1,906 1,636 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Order Intake - YoY Backlog – YoY 20% 34% 2,162 2,194 3.6% 4.4% 3,714 5.7% 1,93
Slide 10: FY26 Diversification Strategy Gaining Momentum
FY26 Diversification Strategy Gaining Momentum FY23 FY24 FY25 FY26 Traditional 23% 31% 33% 42% Chemicals 19% Pharmaceuticals 23% 27% 35% Non - Traditional 40% 23% 58% 46% Oil & Gas, Petrochemical, Defense, Nuclear etc. Total OI: Total OI: Total OI: Total OI: INR 3,392 Cr INR 3,014 Cr INR 3,102 Cr IN
Slide 11: Segmental Overview
Segmental Overview Revenue Consolidated Standalone International 8% 9% Technologies 29% 29% 6% 9% 37% Systems 13% 12% 37% 47% 49% 58% 59% 86% 82% 16% 14% Services FY25 FY26 FY25 FY26 FY25 FY26 Order Intake Consolidated Standalone International 8% Technologies 8% 13% 10% 30% 28% 35% Systems 37% 40% 4
Slide 12: Consolidated Balance Sheet
Consolidated Balance Sheet Figures in ₹ crores Particulars 31.03.26 31.03.25 Particulars 31.03.26 31.03.25 Shareholder's equity 1,204 1,023 Fixed Assets 665 613 Non - controlling interest 28 7 Goodwill & Intangibles 853 564 Borrowings 835 651 Receivables 465 387 Unfunded pension liabilities 330 282
Slide 13: Consolidated Working Capital Summary
Consolidated Working Capital Summary Figures in ₹ crores Inventory Summary 31.03.26 31.03.25 Receivables Summary 31.03.26 31.03.25 Inventory 637 540 T rade Receivables 465 387 Receivable days 48 44 Customer advances 427 236 Net funding for inventory 210 304 Payables Summary 31.03.26 31.03.25 Backlog
Slide 14: Consolidated Cash Flow Statement – FY26
Consolidated Cash Flow Statement – FY26 Figures in ₹ crores BUSINESS CASH APPLICATION INVESTING & OF CASH FINANCING GENERATION 309 47 -69 -22 57 -78 -9 50 635 102 -55 -30 -112 445 ₹ 342 crores ₹ 25 crores (₹ 177 crores) Profit Before Tax T a x e s P a i d N e t C a p e x D i v i d e n d D e p o s i
Slide 15: Shareholder Summary
Shareholder Summary Mar 31, Dec 31, Increase/ Institutional Holdings Investor Category 2026 2025 Decrease Foreign Portfolio Investors & 46% 26.28 26.87 0.59 ↓ 46% Foreign Companies 46% Mutual Funds 15.78 14.06 1.72 ↑ 44% 43% Alternate Investments Funds 0.76 1.00 0.24 ↓ Insurance Companies/ Banks/ Fi
Slide 16: Annexures
Annexures 15 GMM “ Pfaudler
Slide 17: Segmental Overview – Q4 FY26
Segmental Overview – Q4 FY26 Consolidated Standalone International Revenue 9% Technologies 5% 28% 12% 37% Systems 48% 60% 86% Services 15% Consolidated Standalone International Order Intake 9% Technologies 9% 29% 35% Systems 37% 48% 82% Services 23% 28% Note: Standalone and International breakdown a
Slide 18: Consolidated Financial Summary
Consolidated Financial Summary Figures in ₹ crores Particulars Q4 FY26 Q3 FY26 Q- O- Q Q4 FY25 Y- O- Y Operational Income 944 883 7% 807 17% Material Cost 420 353 19% 312 35% Other Costs 448 425 5% 412 9% Total Operating Expenses 868 778 12% 723 20% EBITDA 75 105 -28% 83 -10% EBITDA Margin (%) 8.0%
Slide 19: Consolidated Exceptional Items – FY26 Summary
Consolidated Exceptional Items – FY26 Summary Figures in ₹ crores except EPS PAT E PS Particulars Q1 Q2 Q3 Q4 FY26 FY26 Q1 Q2 Q3 Q4 FY26 FY26@ FY26@ Particulars FY26 FY26 FY26@ FY26@ FY26 Reported PAT (After PPA) 10.2 37.7 - 11.4 15.3 51.8 Reported EPS 2.48 8.86 - 2.3 3.82 12.86 Reported PAT % 1.3%
Slide 20: Consolidated Exceptional Items – FY25 Summary
Consolidated Exceptional Items – FY25 Summary Figures in ₹ crores except EPS EBITDA Exceptional Items Particulars Q4 FY25 FY25 Q4 Particulars ( Gross of Tax) FY25 Reported EBITDA 83.2 361.1 FY25 Reported EBITDA % 10.3% 11.3% Leven, UK site closure costs 47.7 47.7 India EBITDA transformation program
Slide 21: Standalone Financial Summary
Standalone Financial Summary Figures in ₹ crores Particulars Q 4 FY26 Q 3 FY26 Q- O- Q Q 4 FY25 Y- O- Y Operational Income 289 242 19% 252 15% Material Cost 160 115 38% 126 27% Other Costs 103 93 10% 92 12% Total Operating Expenses 263 209 26% 218 21% EBITDA 26 34 -23% 34 -24% EBITDA Margin (%) 9.0%
Slide 22: Standalone Financial Performance – FY26
Standalone Financial Performance – FY26 Revenue EBITDA Figures in ₹ crores 12% 22% 1,075 1,031 1,034 921 172 171 815 139 135 110 21.1% 15.9% 13.5% 12.0% 13.0% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25^ FY26 Profit After Tax EPS 40% 40% 95 99 22.28 21.65 3.6% 4.4% 5.7% 1.3% 59 51 11.35 13.20 42 9.
Slide 23: Standalone Financial Performance – Quarterly Trend
Standalone Financial Performance – Quarterly Trend Revenue EBITDA Figures in ₹ crores 15% - 24% 272 289 252 242 36 39 231 34 34 26 13.5% 15.7% 14.4% 13.8% 9.0% Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q4 FY25^ Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Profit After Tax EPS 8% 9% 3.6% 4.4% 5.7% 20 1.3% 4.52 15 1
Slide 24: Standalone Cash Flow Statement – FY26
Standalone Cash Flow Statement – FY26 Figures in ₹ crores BUSINESS CASH APPLICATION INVESTING & OF CASH FINANCING GENERATION 57 -25 78 63 32 -3 31 9 -93 -25 -44 -9 -9 ₹ 110 crores (₹ 61 crores) (₹ 27 crores) Profit Before Tax NetNet Short - Investments L T Net b o rLong Opening Profit N o n - c a s
Slide 25: Standalone Exceptional Items – FY26 Summary
Standalone Exceptional Items – FY26 Summary Figures in ₹ crores except EPS PAT E PS Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Particulars FY26 Particulars FY26 FY26 FY26 FY26 FY26 FY26 FY26 FY26 FY26 Reported PAT 16.7 20.3 5.9 16.4 59.3 Reported EPS 3.71 4.52 1.31 3.66 13.20 Reported PAT % 7.2% 7.5% 2.4% 5.7% 5.7% i.
Slide 26: Standalone Exceptional Items – FY25 Summary
Standalone Exceptional Items – FY25 Summary Figures in ₹ crores except EPS EBITDA EPS Particulars Q4 FY25 FY25 Particulars Q4 FY25 FY25 Reported EBITDA 34.1 110.4 Reported EPS 3.3 7 9.40 Reported EBITDA % 13.5% 12.0% Adjusted EPS 4.99 12.66 India EBITDA transformation program and 9.8 19.6 Hyderabad,
Slide 27: International Financial Performance – FY26
International* Financial Performance – FY26 Revenue EBITDA Figures in ₹ crores 9% 3% 2,601 329 2,583 2,279 2,366 247 257 264 1,881 134 7.1% 10.9% 12.6% 10.9% 10.2% FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Profit After Tax - 173% 4.9% 104 113 -1 12 - 8.6 0 .0 % 4.6% 4.4% 0.5% - 0.3% FY22 FY2
Slide 28: International Financial Performance – Q4 FY26
International* Financial Performance – Q4 FY26 REVENUE EBITDA Figures in ₹ crores - 4% 18% 82 656 663 676 573 589 61 66 57 55 10.0% 10.4% 12.5% 10.0% 8.1% Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Profit After Tax 113% 4.9% 3.3% 1.9% 2.9%1.5% 17 4.9% - 21 5 - 36
Slide 29: International Exceptional Items – FY26 Summary
International Exceptional Items – FY26 Summary Figures in ₹ crores except EPS PAT Exceptional Items Q1 Q2 Q3 Q4 Particulars FY26 Q3 Q4 FY26 FY26@ FY26@ FY26 Particulars FY26 FY26 FY26 Reported PAT (After PPA) - 9.3 17.3 - 21.1 4.6 - 8.6 Waghäusel site , Germany Reported PAT % - 1.6% 2.9% - 3.2% 0.7%
Slide 30: International Exceptional Items – FY25 Summary
International Exceptional Items – FY25 Summary Figures in ₹ crores PAT Particulars Q4 FY25 FY25 Reported PAT - 36.5 11.7 Reported PAT % - 6.4% 0.5% Leven, UK site closure costs 35.7 35.7 (Net of Tax) a) Of the above: Cash costs 7.6 7.6 b) Of the above: Non - cash costs 28.1 28.1 Adjusted PAT - 0.7 4
Slide 31: Manufacturing Sites
Manufacturing Sites 20 GMM ~ Pfaudler
Slide 32: Global Footprint
Global Footprint POLAND Leven Waghäusel CANADA UK Ilmenau Bolton Brampton GERMANY Hofheim - wallau SWITZERLAND USA FRANCE Neunkirch Rochester ITALY CHINA Dardilly Avondale Torre De Mosto Li Yang Americus Milan Tianjing Coatesville INDIA Karamsad Ahmedabad BRAZIL Taubate Global Reach Local Presence I
Slide 33: Europe
EUROPE COUNTRY LOCATION SEGMENT FY26 REVENUE Technologies (Glass - Lined) GERMANY Waghausel Services GERMANY Ilmenau Systems GERMANY Hofheim - Wallau Services ITALY Torre Di Mosto Technologies (Glass Services - Lined) ₹ ITALY Milan Systems FRANCE Dardilly Technologies (Non - Glass - Lined) 1,512 SWI
Slide 34: Asia
ASIA COUNTRY LOCATION SEGMENT FY26 REVENUE Technologies (Glass - Lined & Non - Glass - Lined) INDIA Karamsad Systems Services INDIA Vatva Technologies (Non - Glass - Lined) Services ₹ CHINA Li Yang Technologies (Glass Systems - Lined) 1,204 Services crore CHINA Tianjing Technologies (Non - Glass - L
Slide 35: Americas
AMERICAS COUNTRY LOCATION SEGMENT FY26 REVENUE Technologies (Glass - Lined & Non - Glass - Lined) USA Rochester Systems Services Technologies (Non - Glass - Lined) ₹ USA Avondale Services USA Americus Services USA Coatesville Technologies (Non - Glass - Lined) 1,107 crore Technologies CANADA Brampto
Slide 36: Thank You
Rooted in Strength Aligned for Tomorrow Thank You Investor Relations Contact Raveen Kanabar Anuj Sonpal GMM Pfaudler Limited Valorem Advisors T : +91 22 6650 3900 T : +91 22 3507 5100 E : investorrelations@gmmpfaudler .com E : gmmpfaudler@valoremadvisors .com www.gmmpfaudler.com