CEINSYS Q3 FY26 Guidance vs Delivery (CEINSYS Management Mirror)

Order Book & Pipeline

Raised (Dec'25 Qtr): Management now targets closing the fiscal year with an order book of approximately 900 crore, surpassing earlier internal expectations of 800 crore. In the Jun'25 Qtr, guidance was set at securing 800-900 crore in *additional* fresh orders.

Modified (Dec'25 Qtr): While maintaining confidence in pipeline strength, management noted some opportunities may slip into Q1 of the next fiscal year, a slight shift from the Sep'25 Qtr expectation that major sign-offs (700-800 crore) would occur specifically between Q3 and Q4 FY26.

Reaffirmed (Sep'25 Qtr): The focus on diversifying beyond Jal Jeevan Mission (JJM) remains consistent, with strong funnels in energy and municipal segments noted in Sep'25.