By BullScreen Editorial Team 
IKIO Technologies Limited reported a strong set of Q4 results 2026, helped by rapid growth in its non-lighting technology businesses and improving operating margins.
The company posted revenue from operations of INR 1,654 million in Q4FY26, up 47.3% year-on-year from INR 1,123 million in the same quarter last year. EBITDA surged 319% to INR 260 million, while EBITDA margin expanded sharply to 15.7% from 5.5% a year earlier.
Net profit also saw a major turnaround during the quarter. Profit after tax stood at INR 175 million against a loss of INR 7 million in Q4FY25. Earnings per share improved to INR 2.12 from a negative INR 0.30 in the previous year period.
For the full financial year, revenue climbed 22.5% to INR 5,953 million, while annual PAT increased 28.4% to INR 416 million. The company said operational efficiencies, improved pricing strategies, and higher utilization of new manufacturing facilities supported margin expansion during the year.
A key highlight of the Q4 results 2026 was the strong performance of IKIO’s “Other Business” segment, which includes electronic components, energy solutions, wearables, and consumer electronics. The segment grew 72% year-on-year in Q4 and contributed 77% of quarterly revenue, reflecting the company’s shift away from traditional home lighting products.
IKIO Technologies also continued expanding its manufacturing footprint with ongoing development of new production blocks funded through IPO proceeds. Export revenue rose 53% year-on-year to INR 1,101 million in FY26, supported by growth in Gulf and Middle East markets despite global trade uncertainties.
The company further strengthened its technology portfolio through the acquisition of an 88% stake in Gravus Tech and plans to commercialize its hearables and wearables business directly under the listed entity from Q1FY27.
| Metric | Q4FY26 | Q4FY25 | YoY Change |
|---|---|---|---|
| Revenue from Operations | INR 1,654 Mn | INR 1,123 Mn | ↑ 47.3% |
| EBITDA | INR 260 Mn | INR 62 Mn | ↑ 319.4% |
| EBITDA Margin | 15.7% | 5.5% | ↑ 1020 bps |
| Profit After Tax (PAT) | INR 175 Mn | -INR 7 Mn | Turnaround |
| PAT Margin | 10.6% | -0.6% | Strong Improvement |
| EPS | INR 2.12 | -INR 0.30 | Sharp Recovery |
| Key Area | FY26 Update |
|---|---|
| Full-Year Revenue | INR 5,953 Mn (↑ 22.5% YoY) |
| Full-Year PAT | INR 416 Mn (↑ 28.4% YoY) |
| Export Revenue | INR 1,101 Mn (↑ 53% YoY) |
| Global Presence | Operations across 20+ countries |
| Revenue Mix Shift | Other Business contributed 71% of FY26 revenue |
| Manufacturing Expansion | 5 lakh sq. ft. capacity across 5 facilities |
| New Growth Segments | Wearables, Energy Solutions, Automotive Lighting, Electronics |
| Acquisition | Acquired 88% stake in Gravus Tech |
| Segment | FY26 Revenue | YoY Growth | Revenue Contribution |
|---|---|---|---|
| Other Business (Electronics, Energy, Wearables) | INR 4,255 Mn | ↑ 53% | 71% |
| Home Lighting ODM | INR 1,698 Mn | Declined YoY | 29% |
| Q4 Other Business Contribution | INR 1,274 Mn | ↑ 72% | 77% of Q4 Revenue |
| Export Share of Revenue | — | — | 18% of Total Revenue |
Source: https://www.bseindia.com/xml-data/corpfiling/AttachHis/07ef0ddc-a1ed-4b20-bf38-644e558fd3f8.pdf