Neetu Yoshi Ltd (544434) — concall transcript | 31 March 2026

Neetu Yoshi Limited reported a 44% YoY rise in total income to INR 101 crores for H2 FY26, with PAT margin steady at 25% and positive cash flow. Management highlighted capacity expansion including a new factory operational in June 2026, RDSO approvals for 15-20 products, and diversification into private rail and high-margin sectors. The order book stands at INR 140-150 crores, with FY27 revenue guidance of INR 210-220 crores and peak potential of INR 340-350 crores. Raw material cost pressures are managed via Price Variation Clauses, and lifetime tax rebates apply to established operations.