NAVINFLUOR Q1 FY27 Guidance vs Delivery (NAVINFLUOR Management Mirror)

Q1 FY27 EBITDA Margin Reaches 34.2%, Exceeding Mar'26 Qtr Guidance; Forward Target Raised to 32%-33%

In Jun'26 Qtr, reported consolidated operating EBITDA reached INR 357 crores with margin expanding to 34.2%. This exceeded the full-year FY27 EBITDA margin target of 30% (+/- 1% to 2%) guided in the Mar'26 Qtr concall, which had reaffirmed the ~30% (+/- 200 bps) baseline set in Dec'25 Qtr. Forward guidance is now upgraded, with management expecting operating leverage from upcoming capacities to sustain EBITDA margins in the range of 32% to 33% (+/- 1%) over the next one to two years.