Sathlokhar guides FY27 revenue above ₹1,366 cr after order slowdown
Management targets over 70% revenue growth, but new-order flow has stalled since November 2025. The PEB plant lands in August.
What's new
- Sathlokhar guided for FY27 revenue above ₹1,366 crore, implying over 70% growth.
- Order inflow has been sub-₹100 crore since November 2025, which management linked to macro headwinds.
- Carry-forward order book is ₹715 crore, with ₹500-600 crore expected from existing clients.
Why this matters
The 70%-plus growth guide is aggressive for an engineering firm citing order-slowdown headwinds. The math hinges on ₹500-600 crore of new wins from existing clients, and whether the macro excuses for the sub-₹100 crore monthly inflow since November hold up.
What we're watching
- Monthly order-inflow data to see if the slowdown reverses.
- Commissioning of the PEB manufacturing facility in August 2026.
- Mainboard uplisting timeline, targeted for 2027-2028.
The full read
Sathlokhar is calling for over 70% revenue growth in FY27, targeting ₹1,366 crore. The company has a ₹715 crore order book and expects to win ₹500-600 crore from existing clients. That confidence sits next to a clear problem: new orders have run below ₹100 crore a month since November 2025. Management called it macro. The test is whether the pipeline converts. The PEB plant lands in August, and the mainboard uplisting is a 2027-28 event. For now, this is a guidance call, not an order call.
Questions answered
- What is the specific FY27 revenue target?
- Sathlokhar guided for revenue above ₹1,366 crore, which would represent over 70% growth from its FY26 base.
- Why has order inflow slowed?
- Management attributed the sub-₹100 crore monthly order flow since November 2025 to temporary macroeconomic headwinds, not a loss of client confidence.
- What underpins the growth target?
- The guidance is backed by a ₹715 crore order book and an expectation of winning ₹500-600 crore of new work from its existing client base.
- What is the operational update on the PEB plant?
- The new pre-engineered building (PEB) manufacturing facility is scheduled for commissioning in August 2026.
An independent reading of the company's own disclosure — the primary filing above is the final word.