Sunrakshakk's revenue grew 237%, but Guwahati is idling.
Full-year revenue hit ₹607.8 crore, but the new plant is running at just 45-55% capacity, capping the PAT margin at 6.12%.
— 1 earlier story on Sunrakshakk Industries India Ltd. →What's new
- Full-year revenue surged 237% to ₹607.8 crore; Q4 revenue rose 92% to ₹197.6 crore.
- New Guwahati plant's capacity utilization is 45-55%, below earlier company expectations.
- Management reiterated the FY28 revenue target of ₹1,000 crore, based on 10-15% organic growth.
Why this matters
The company is growing fast, but the Guwahati underutilization is a bottleneck. The gap between the booming top line and the lagging plant is the core problem. The ₹1,000 crore revenue target for FY28 is now a test of execution, not ambition.
What we're watching
- How quickly Guwahati utilization rises toward the company's 7% PAT margin target.
- Whether the 237% revenue growth rate is sustainable as the base effect normalizes.
- The next quarter's margin trajectory against the 6.12% baseline.
The full read
Sunrakshakk's top line is on a tear. Full-year revenue surged 237% to ₹607.8 crore, and Q4 alone was up 92% to ₹197.6 crore. The annualised run rate is now roughly ₹800 crore. Profit grew too, up 88% in the quarter to ₹12.1 crore. But the headline story is the Guwahati plant. It's running at just 45-55% capacity, below what the company expected. That's why the PAT margin is stuck at 6.12%, and why management's target of 7% depends entirely on fixing that gap. The ₹1,000 crore revenue target for FY28 is still on the table. It now looks less like a projection and more like a bet on operational catch-up.
Questions answered
- How did Sunrakshakk's revenue grow so much?
- Full-year revenue jumped 237% to ₹607.8 crore, with Q4 alone up 92% to ₹197.6 crore. The company's annualised run rate is now roughly ₹800 crore.
- Why is the Guwahati plant's performance a concern?
- Utilization at the newly commissioned facility is only 45-55%, which is below the company's own earlier expectations. Management says lifting this is key to improving the PAT margin from 6.12% to 7%.
- What is the company's target for revenue by FY28?
- Management reiterated its medium-term target of ₹1,000 crore in revenue by fiscal 2028. It expects organic growth of 10-15% annually on an annualised run rate of about ₹800 crore.
- How is profitability tracking?
- Q4 profit after tax grew 88% to ₹12.1 crore, but the PAT margin is 6.12%. The company aims to lift this to 7% as Guwahati utilization improves.
Story so far
All notes on SUNRAKSHAK →- 6 Jun 2026 · 4:42 PM IST Sunrakshakk's revenue grew 237%, but Guwahati is idling.
- 3d ago Sunrakshakk's Guwahati plant running at less than half of guided capacity