Sealmatic India Ltd (543782) — concall transcript | 31 March 2026

Sealmatic India reported FY26 revenue of INR 103 crores, up 2% YoY, with EBITDA margin at 17.36% and PAT of INR 14 crores. Management highlighted strong export demand (54% of revenue), major orders in oil & gas and power, and expansion into nuclear and defense sectors. API seal replacements are expected to drive INR 15 crores revenue from FY27. Gross margins remain stable at ~80% for spare parts. The company is targeting 15% revenue growth and 23-24% EBITDA margins in FY27, supported by cost optimization and reduced exhibition spend. Cash flow faces pressure from inventory buildup due to geopolitical delays, with positive cash flow anticipated from FY28. Management emphasized organic growth, no immediate capital needs, and long-term global ambitions.