EPC firms lower FY26 guidance amid margin pressures
India's EPC sector reported 6% YoY revenue growth in 2QFY26, with EBITDA margins dropping to 10.3%, prompting firms to lower FY26 guidance. Execution challenges and delayed project awards continue to impact performance.
after close1 source ↓written by the desknot a recommendation
India’s engineering, procurement and construction (EPC) sector faced challenges in 2QFY26, with revenue growth at 6% YoY, continuing a trend of single-digit growth since 1QFY25. EBITDA margins fell to 10.3%, a multi-quarter low, due to execution delays and stressed working capital. This guidance cut reflects ongoing pressures in the sector.
Not investment advice. For informational purposes only.