Apex Ecotech Limited, a Pune-based company specializing in advanced water and wastewater treatment solutions, has reported its strongest-ever annual financial performance since inception for the financial year ended March 31, 2026. The company announced impressive growth across all key financial metrics, supported by rising industrial demand for sustainable water management systems, successful execution of large-scale projects, and a strong order pipeline.

The company operates in a sector that has become increasingly important in India due to rising industrialization, stricter environmental regulations, and growing concerns around water scarcity. Businesses across industries are now investing aggressively in water recycling, wastewater treatment, Zero Liquid Discharge (ZLD) systems, and sustainable environmental infrastructure. Apex Ecotech has emerged as one of the fast-growing players benefiting from this structural industry shift.

The company’s latest results demonstrate not only rapid growth in revenues and profitability but also improving operational strength and execution capabilities. Apex Ecotech has positioned itself strongly in sectors such as FMCG, automotive, beverages, infrastructure, and industrial manufacturing, where demand for efficient water treatment systems continues to expand.

Record FY26 Financial Performance

Apex Ecotech reported a major jump in financial performance during FY26. The company’s Revenue from Operations surged 109.50% year-on-year to ₹148.65 crore compared to ₹70.95 crore in FY25.

The company also posted robust profitability growth. EBITDA increased 96.82% to ₹21.76 crore during FY26 from ₹11.05 crore in the previous year. At the same time, Profit After Tax (PAT) rose 98.85% to ₹17.02 crore, nearly doubling from ₹8.56 crore in FY25.

The company’s Earnings Per Share (EPS) also improved significantly. EPS stood at ₹12.91 in FY26 compared to ₹7.91 in FY25, reflecting a growth of 63.21%.

These numbers highlight the company’s strong operating leverage and its ability to convert higher revenues into improved profitability. The performance also reflects the successful scaling of operations after the company’s expansion initiatives.

FY26 Financial Highlights

• Revenue from Operations: ₹148.65 crore
• YoY Revenue Growth: 109.50%
• EBITDA: ₹21.76 crore
• EBITDA Growth: 96.82%
• Profit After Tax: ₹17.02 crore
• PAT Growth: 98.85%
• EPS: ₹12.91

The company described FY26 as a “landmark and transformational year” because of the scale of growth achieved across multiple business parameters.

Strong H2 FY26 Performance Drives Growth

The second half of FY26 played a major role in boosting overall annual performance. During H2 FY26, Apex Ecotech witnessed accelerated project execution and higher order conversion, resulting in extraordinary growth.

The company’s Revenue from Operations for H2 FY26 stood at ₹116.08 crore, compared to ₹49.25 crore in H2 FY25, registering a growth of 135.68%.

Similarly, EBITDA for H2 FY26 increased 108.99% to ₹18.76 crore from ₹8.97 crore in the corresponding period of the previous year.

The company’s PAT during H2 FY26 rose 106.12% to ₹14.45 crore compared to ₹7 crore in H2 FY25.

This sharp growth indicates strong execution momentum and increasing scale benefits during the latter half of the financial year.

H2 FY26 Highlights

• Revenue: ₹116.08 crore
• Revenue Growth: 135.68%
• EBITDA: ₹18.76 crore
• PAT: ₹14.45 crore
• EPS: ₹10.96

The strong H2 performance also signals healthy demand visibility entering FY27.

Major Project Wins Strengthen Future Growth

One of the biggest positives for Apex Ecotech during FY26 was the acquisition of several high-value projects across multiple industries. These orders have significantly strengthened the company’s execution pipeline and future revenue visibility.

The company secured strategic contracts from some of India’s well-known industrial and infrastructure players.

Reliance Consumer Products Project

Apex Ecotech secured advanced water treatment projects from Reliance Consumer Products Limited valued between ₹100 crore and ₹125 crore.

This order is one of the largest in the company’s history and reflects growing confidence from major corporates in Apex Ecotech’s engineering and execution capabilities.

Winning projects from a leading conglomerate like Reliance is expected to enhance the company’s industry credibility and improve future business opportunities.

L&T Construction Order

The company also secured a major project from Larsen & Toubro Limited (L&T Construction) for providing Water Treatment Plant (WTP), Effluent Treatment Plant (ETP), and Zero Liquid Discharge solutions for an automobile facility in Tamil Nadu.

The project value is estimated between ₹45 crore and ₹55 crore.

This project demonstrates Apex Ecotech’s growing presence in industrial infrastructure and automotive-related environmental projects.

CRD Consumer Products Order

The company received an ETP project worth ₹18 crore to ₹22 crore from CRD Consumer Products Limited.

Effluent treatment systems are becoming increasingly important for manufacturing industries due to tightening environmental norms and sustainability requirements.

Bharatiyam Beverages Expansion Project

Apex Ecotech also secured an ETP expansion project from Bharatiyam Beverages Private Limited valued between ₹10 crore and ₹15 crore.

The beverage industry has become one of the major adopters of advanced wastewater recycling technologies due to high water consumption in production operations.

Pragati Power Corporation Project

Another notable project came from Pragati Power Corporation Limited involving an MBR installation project valued between ₹3 crore and ₹5 crore.

Membrane Bioreactor (MBR) systems are advanced wastewater treatment technologies widely used for efficient water reuse and environmental compliance.

Order Book Provides Strong Revenue Visibility

Apex Ecotech stated that its order book stood at over ₹125 crore as of March 31, 2026.

A strong order book is a crucial indicator for engineering and project-based companies because it provides visibility into future revenues and operational continuity.

The management believes that this healthy project pipeline positions the company strongly for sustained growth in upcoming financial periods.

The increasing adoption of Zero Liquid Discharge systems, water conservation technologies, wastewater recycling infrastructure, and environmental compliance mechanisms is expected to continue driving demand.

Rising Importance of Water Treatment Industry

India’s water treatment and wastewater management industry is witnessing rapid expansion due to several long-term factors.

Industrial sectors are under pressure to reduce water wastage and improve environmental sustainability. Regulatory authorities are also enforcing stricter pollution control and wastewater discharge norms.

As a result, companies are increasingly investing in:

• Effluent Treatment Plants (ETP)
• Sewage Treatment Plants (STP)
• Zero Liquid Discharge (ZLD) Systems
• Water Recycling Solutions
• Membrane-Based Filtration Systems
• Industrial Wastewater Recovery Infrastructure

Apex Ecotech operates directly within these high-growth segments.

The company’s focus on sustainable engineering solutions and customized water treatment systems has enabled it to capture opportunities across diverse industrial sectors.

Focus on Zero Liquid Discharge Solutions

One of the most important growth drivers for Apex Ecotech is the increasing adoption of Zero Liquid Discharge (ZLD) technology.

ZLD systems help industries eliminate wastewater discharge by recycling and reusing water within operations. This technology has become critical for industries operating in water-stressed regions or sectors facing strict environmental norms.

Industries such as chemicals, pharmaceuticals, textiles, food processing, beverages, and automotive manufacturing are increasingly adopting ZLD solutions.

Apex Ecotech’s expertise in this area provides a significant competitive advantage.

The company stated that growing industry emphasis on sustainability and environmental compliance will continue supporting long-term growth opportunities.

Management Commentary Highlights Confidence

Anuj Dosajh, Chairman and Managing Director of Apex Ecotech Limited, described FY26 as a transformational year for the company.

According to the management, the strong performance reflects:

• Engineering excellence
• Efficient project execution capabilities
• Long-standing customer relationships
• Operational scalability
• Strong industry demand

The management also confirmed that the company has fully deployed IPO proceeds towards the objectives mentioned during fundraising.

These funds were utilized for:

• Capacity enhancement
• Operational expansion
• Long-term growth initiatives

This deployment has likely contributed to the company’s ability to scale operations and execute larger projects successfully.

Sustainability Remains Key Focus Area

Apex Ecotech emphasized that sustainability remains at the core of its business strategy.

The company focuses on delivering:

• Energy-efficient treatment systems
• Water recycling solutions
• Environmentally responsible technologies
• Customized engineering solutions
• Water conservation infrastructure

As industries increasingly prioritize ESG compliance and environmental sustainability, companies like Apex Ecotech are likely to benefit from long-term structural demand.

The management also highlighted its commitment towards creating environmental and social value through responsible water stewardship.

About Apex Ecotech Limited

Apex Ecotech Limited is an ISO 9001:2015 certified engineering company specializing in turnkey solutions for water and wastewater treatment.

The company operates in several specialized segments including:

• Water Treatment Systems
• Wastewater Treatment Solutions
• Membrane Recycling Technologies
• Evaporators
• Zero Liquid Discharge Systems

Apex Ecotech provides integrated solutions that help industries recycle and reuse water effectively across industrial applications.

The company’s business model focuses on combining engineering expertise with sustainable technologies to address global water scarcity challenges.

Its solutions are designed to improve water efficiency while helping industrial clients meet regulatory and environmental requirements.

Industry Outlook Remains Positive

The outlook for India’s water treatment industry remains highly positive due to increasing awareness regarding water conservation and sustainability.

Several factors are expected to drive future growth:

Industrial Expansion

India’s industrial sector continues to expand rapidly across manufacturing, chemicals, beverages, automotive, electronics, and infrastructure. These industries require advanced water treatment infrastructure.

Environmental Regulations

Government authorities are implementing stricter environmental norms regarding wastewater discharge and pollution control.

Water Scarcity Concerns

Water availability challenges are encouraging industries to adopt water recycling and reuse technologies.

Sustainability Commitments

Many companies are incorporating sustainability goals and ESG frameworks into operations, increasing investments in wastewater management.

Smart Manufacturing Practices

Modern manufacturing facilities are increasingly integrating sustainable water management systems into operations.

These trends create a favorable environment for companies like Apex Ecotech.

Growth Strategy Going Forward

Apex Ecotech stated that it remains focused on several strategic priorities for future growth.

These include:

• Strengthening technological capabilities
• Improving execution efficiencies
• Expanding operational capacity
• Enhancing project management systems
• Increasing focus on sustainability-driven solutions
• Expanding customer relationships across industries

The company aims to leverage its growing industry presence and strong execution track record to capture larger opportunities in the future.

Investors Likely to Watch Key Factors

Following the strong FY26 performance, investors may closely monitor several aspects going forward:

• Execution of large orders from Reliance and L&T
• Sustained revenue growth momentum
• Margin stability amid scaling operations
• Expansion into new industrial sectors
• Growth in order book
• Technological advancements in water treatment systems

The company’s ability to maintain execution quality while scaling operations will remain an important factor for future performance.

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