Ganesh Infraworld Ltd. · NSE:GANESHIN
Ganesh Infraworld — Q2 FY26 Earnings Presentation
41 slides from Ganesh Infraworld's earnings presentation, Nov 14, 2025
Slide 1: Ganesh Infraworld Ltd. NSE cover letter
Ganesh Infraworld Ltd. (Formerly Known As "Ganesh Infraworld Pvt. Ltd." & "Ganesh International") CIN: L46620WB2024PLC268366 Date: November 14th 2025 To, National Stock Exchange of India Limited ‘Exchange Plaza’, Plot No. C-1, Block ‘G’, Bandra-Kurla Complex, Bandra (E) Mumbai – 400 051 Dear Sir/Mad
Slide 2: Injecting Life into Projects
INJECTING Engineering Tomorrow’s Water, Civil and Mining Infrastructure LIFE INTO PROJECTS. Investor Presentation – November 2025 1
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the Presentation), prepared by Ganesh Infraworld Limited (Formerly Known As “Ganesh International”) (the “Company”), are solely for informational purposes. This Presentation does not constitute an offer, recommendation, or invitation to purch
Slide 4: Building India's Future with Sustainable Infrastructure
Building India’s Future with Sustainable Infrastructure “India's development and self-reliance is dependent on water security and water connectivity” - On WORLD WATER DAY Shri Narendra Modi Hon’ble Prime Minister of India Investor Presentation – Q2 FY26 3
Slide 5: From CMD's Desk
From CMD’s Desk Ganesh Infraworld Ltd: Steadfast Execution, Sustaining Growth Momentum FY26 has begun on a positive trajectory for Ganesh Infraworld Ltd., supported by disciplined project execution, business diversification, and a strengthened strategic outlook. We continue to strengthen our core ca
Slide 6: Company Snapshot
Company Snapshot Ganesh Infraworld is one of the fastest-growing infrastructure companies in Eastern India, delivering critical execution support to leading EPC players 80 across industrial, civil, road, structural, and heavy erection works. 2,262.3 Crs The company provides comprehensive, end-to-end
Slide 7: Q2 FY26 Financial Highlights
Q2 FY26 Financial Highlights
Slide 8: Transforming Scale to Strength: Diversification & Expansion
Transforming Scale to Strength: Diversification & Expansion “With strategic diversification, robust order wins, and a strengthened credit profile, Q2 FY26 has set a solid base for our next phase of accelerated growth.” – Mr. Vibhoar Agrawal; Founder & CMD ❑ Landmark ₹708 Cr Mining Order from Kandoi
Slide 9: Performance Highlights
Performance Highlights Revenue EBITDA PAT Margins Profile +121.0% +155.8% EBITDA +171.1% Q2 FY26 210.0 25.7 18.1 12.3% +230 bps 95.0 7.1 9.5 PAT 8.6% +120 bps Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 Revenue EBITDA PAT Margins Profile EBITDA +69.6% +110.5% +91.1% 11.9% H1 FY26 46.4 32.7 390.6
Slide 10: Consolidated Income Statement
Consolidated Income Statement Particulars (INR Crs) Q2 FY26 Q2 FY25 Y-o-Y Q1 FY26 Q-o-Q H1 FY26 H1 FY25 Y-o-Y Revenue from Operations 210.0 95.0 121.0% 180.7 16.2% 390.6 230.4 69.6% Construction & Other Direct Expenses 179.2 82.5 156.4 335.5 203.2 Gross Profit 30.8 12.5 145.7% 24.3 26.8% 55.1 27.2 1
Slide 11: Standalone Income Statement
Standalone Income Statement Particulars (INR Crs) Q2 FY26 Q2 FY25 Y-o-Y Q1 FY26 Q-o-Q H1 FY26 H1 FY25 Y-o-Y Revenue from Operations 210.0 95.0 121.0% 180.7 16.2% 390.6 230.4 69.6% Construction & Other Direct Expenses 179.2 82.5 156.4 335.5 203.2 Gross Profit 30.8 12.5 145.7% 24.3 26.8% 55.1 27.2 102
Slide 12: Consolidated Segmental Statement
Consolidated Segmental Statement Particulars (INR Crs) H1 FY26 H1 FY25 Y-o-Y H2 FY25 H-o-H Particulars (INR Crs) H1 FY26 H1 FY25 Y-o-Y H2 FY25 H-o-H 1. Civil and Electrical Infrastructure: 3. Water Infrastructure: Segment Revenue 217.3 126.5 71.8% 169.6 28.1% Segment Revenue 126.0 33.2 279.8% 65.6 9
Slide 13: Consolidated Balance Sheet
Consolidated Balance Sheet Sept-25 March-25 Sept-25 March-25 Equity and Liabilities (INR Crs) Assets (INR Crs) (Unaudited) (Audited) (Unaudited) (Audited) Shareholders Fund Non ‐ Current Assets (a) Equity share capital 21.4 21.4 (a) Property, plant and equipment and (b) Reserves & Surplus 190.9 158.
Slide 14: Standalone Balance Sheet
Standalone Balance Sheet Sept-25 March-25 Sept-25 March-25 Equity and Liabilities (INR Crs) Assets (INR Crs) (Unaudited) (Audited) (Unaudited) (Audited) Shareholders Fund Non ‐ Current Assets (a) Equity share capital 21.4 21.4 (a) Property, plant and equipment and (b) Reserves & Surplus 190.9 158.2
Slide 15: Consolidated Cashflow Statement
Consolidated Cashflow Statement Sept-25 Sept-24 Particulars (INR Crs) (Unaudited) (Unaudited) Cash Flow from Operating Activities Profit before Tax 43.7 22.6 Adjustment for Non-Operating Items 2.7 (0.4) Operating Profit before Working Capital Changes 46.4 22.2 Changes in Working Capital (65.1) (52.6
Slide 16: Standalone Cashflow Statement
Standalone Cashflow Statement Sept-25 Sept-24 Particulars (INR Crs) (Unaudited) (Unaudited) Cash Flow from Operating Activities Profit before Tax 43.7 22.6 Adjustment for Non-Operating Items 2.6 (0.4) Operating Profit before Working Capital Changes 46.4 22.2 Changes in Working Capital (65.1) (52.6)
Slide 17: Company Overview
Company Overview
Slide 18: Key Milestones
Key Milestones Bagged a significant Executed more than Crossed an annual Strengthened focus project in Kharagpur, 100 Kms of turnover of ₹ 130 on water West Bengal, for the underground cabling crores infrastructure with construction of a shed of electrical cable orders worth ₹50+ for the power coati
Slide 19: Experienced Management Team
Experienced Management Team Vibhoar Agrawal Sudhir Ojha Founder & CMD Chief Financial Officer He holds a Bachelor's degree in He holds a Bachelor's degree in Commerce from the University of Commerce from the University of Calcutta, awarded in 2006, and has Calcutta, earned in 2007, and has been asso
Slide 20: Diversified Business Model
Diversified Business Model Civic Utilities Mining We execute water We undertake civic utilities, infrastructure projects We are engaged in civil and We undertake mining road and rail infrastructure including pipeline networks, electrical infrastructure projects involving operation projects, includin
Slide 21: Business Segment - Civil & Electrical Infrastructure
Business Segment - Civil & Electrical Infrastructure Power Transmission & Rural Electrification Distribution Backed by exceptional execution Leveraging our exceptional execution capabilities, we deliver end-to-end power capabilities, we undertake rural transmission and distribution projects. electri
Slide 22: Business Segment – Civic Utilities
Business Segment – Civic Utilities Civic Utility Works Ganesh Infraworld Ltd has been closely associated with Indian Railways for several years, executing comprehensive rail infrastructure projects - from survey and design to final commissioning - on an EPC basis. Our expertise spans electrification
Slide 23: Business Segment - Water Infrastructure
Business Segment - Water Infrastructure End-to-End Water Solutions - From Source to Supply | Providing complete water cycle with a focus on saving water Water Treatment Plant Pumping Station Pipeline We are equipped with the expertise, We are equipped to develop and implement We offer comprehensive
Slide 24: Business Segment - Mining Operation
Business Segment - Mining Operation Mining Operations New Landmark We offer comprehensive Mining Order in operation and Madhya Pradesh maintenance (O&M) Order Value: ₹708 crore services for large mining equipment fleets — This milestone marks including excavators, Ganesh Infraworld’s drills, dozers,
Slide 25: Strong Pan-India Presence
Strong Pan-India Presence Growing Order Book (In Crs) 2,262.32 India Delhi Jhajjhar 543.97 Kanpur Banaras Q2 FY25 Q2 FY26 Asansol Kharagpur Ahmedabad Kolkata Order Book Bifurcation Raipur Bhubaneshwar Kolhapur Mumbai Sangli 30% 39% Corporate Office 23% Project Office 8% Site Office Civil Infra Civil
Slide 26: Delivering Excellence Across Clients
Delivering Excellence Across Clients Investor Presentation – Q2 FY26 25
Slide 27: Ongoing Projects
Ongoing Projects Installation of Transformer & Switchyard, Train Control Communication System Work Sewerage network & pumping station work Mining Project (Kandoi Transport) West Bengal for Southeastern Railway in Bhubaneswar, Odisha Hydrotest Checking at Lingipur Civil Works Project Jal Jeevan Missi
Slide 28: Completed Projects
Completed Projects Supply & Installation of Gas Insulated 400 KV DC Twin Moose Transmission Line, Chittorgarh to Bhilwara Laying of HDD, Assam Switchgear, West Bengal RCC Overhead Water Tank, Hazaribagh, Leak Detection & Rehabilitation Feasibility, Power Supply for Rural Electrification, Bokaro, Jha
Slide 29: Water Infrastructure – Powering Tomorrow's Progress
Water Infrastructure – Powering Tomorrow’s Progress In the Water segment, our enhanced execution capabilities and consistent on-time project delivery have positioned us as a trusted partner, leading to repeat orders and strong revenue growth. By Q2 FY26, we achieved a remarkable 13.46x Y-o-Y growth
Slide 30: Industry Overview
Industry Overview
Slide 31: Indian Infrastructure Story: Growth and Opportunities
Indian Infrastructure Story: Growth and Opportunities Civil & Electrical Infrastructure Projects Government Initiatives • Smart Cities Mission: Over 100 smart cities driving urban transformation. • In the Union Budget 2025-26 the • Renewable Energy Expansion: India among the top 5 nations in infrast
Slide 32: Water Infrastructure Industry Growth
Water Infrastructure Industry Growth Tap Water Supply in Households as on 31st March 2025 Progress: Households provided Investment in Water Sector in with tap water supply India (Irrigation + WSS) 0%-10% 1,500 17.7 11%-25% 1,300 26%-50% 1,100 51%-75% 900 9.6 76%-<100% 700 100% 500 300 100 Jan-19 Jan
Slide 33: Mining: A Key Driver of India's Growth
Mining: A Key Driver of India’s Growth Key Indicators Major Mining States in India • Sector Contribution: The Mining industry contributes approximately • Andhra Pradesh 1.8% to India's GDP, with potential to reach 2.5% by 2030 through ongoing reforms and investments • Jharkhand • Robust Growth: 19%
Slide 34: Strategic Overview
Strategic Overview
Slide 35: Foundational Competencies Driving Execution Excellence
Foundational Competencies Driving Execution Excellence Sustained Demand with High Repeat Orders from Key Industry One-Stop Solution for End-to-End Versatile Infrastructure Delivery Proven Promoter with a Visionary, Players Infrastructure Execution Spanning Key Regions of India Energetic Management T
Slide 36: Core Business Strategies Driving Future Growth
Core Business Strategies Driving Future Growth 01 02 03 04 Strengthening Expanding Execution Direct Engagement Optimizing Working Relationships Through Capabilities with Government Capital for Financial Proven Execution Projects Growth • Focus on expanding • Utilize a diverse portfolio and • Pursue
Slide 37: Life at Ganesh
Life at Ganesh
Slide 38: Life at Ganesh
Life at Ganesh Christmas Celebrations Ganesh Chaturthi Celebrations Award Ceremony Holi Celebrations Annual Meet Women’s Day Celebrations Employee Get Together Birthday Celebrations Investor Presentation – Q2 FY26 37
Slide 39: Giveaways & Community Impact
Giveaways & Community Impact Investor Presentation – Q2 FY26 38
Slide 40: Consistent Recognition Across Industry Platforms
Consistent Recognition Across Industry Platforms Awards & Accreditations Investor Presentation – Q2 FY26 39
Slide 41: Thank You
Company : Ganesh Infraworld Ltd CIN: L46620WB2024PLC268366 Email ID: cs@ganeshinfra.com Tel: +91-033-46041066 Thank You +91-033-35403256 Website: www.ganeshinfra.com Investor Relations Partner : X-B4 Advisory LLP Rasika Sawant / Gautam Kothari Tel: +91 95944 57518 / 7977616640 Email ID: rasika@x-b4.