Synergy Green Industries reports H1 FY26 results, strategic growth initiatives

Synergy Green Industries Limited announced its unaudited financial results for the quarter and half year ended September 30, 2025. The board of directors, meeting on November 13, 2025, approved these results and appointed Jitendra Patil as internal auditor. The company reported a total income of ₹159.75 Crores for H1 FY26, a marginal decrease of 4.9% from ₹167.93 Crores in H1 FY25, attributed to lower domestic wind and OEM export schedules. Despite this, the full-year outlook remains strong, with a projected ~20% order book growth.

PBDIT margins improved by 128 basis points, from 14.13% in H1 FY25 to 15.56% in H1 FY26, with an overall increase of approximately 100 bps projected for FY26. Export revenues saw a significant 52% increase, rising from ₹31 Crores to ₹47 Crores. The company is actively expanding its capabilities with a CAPEX plan of ~₹187 Crore, including a foundry expansion to 45,000 MT, a 10 MW captive renewable power project, and a new in-house machining facility expected to be operational by Q3/Q4 FY26.

Product development efforts for Envision, Nordex, and Adani are on track to support the 20% order book growth. Synergy Green Industries also plans for a greenfield expansion over the next 3-4 years to increase capacity to over 100,000 MT, reinforcing its position in large-size critical castings, particularly for the growing wind and non-wind sectors.