AILIMITED - Abhishek Integr.
Financial Performance
Revenue Growth by Segment
Not disclosed in available documents. However, the company secured new work orders totaling INR 282.78 lakhs in Q3 FY26, including a substation O&M contract worth INR 206.13 lakhs and an airport lighting project worth INR 76.65 lakhs.
Geographic Revenue Split
100% of identified new project revenue is domestic (India), split between Vishakhapatnam, Andhra Pradesh (73% of new orders) and Aurangabad, Maharashtra (27% of new orders).
Profitability Margins
Not disclosed in available documents.
EBITDA Margin
Not disclosed in available documents.
Capital Expenditure
Not disclosed in available documents.
Credit Rating & Borrowing
Not disclosed in available documents.
Operational Drivers
Raw Materials
LED light fittings (representing a significant portion of the INR 76.65 lakhs Aurangabad project) and electrical components for 132kV/11kV substation maintenance.
Import Sources
Not disclosed in available documents.
Key Suppliers
Not disclosed in available documents.
Capacity Expansion
Not disclosed in available documents.
Raw Material Costs
Not disclosed in available documents.
Manufacturing Efficiency
Not disclosed in available documents.
Logistics & Distribution
Not disclosed in available documents.
Strategic Growth
Expected Growth Rate
Not disclosed in available documents.
Growth Strategy
The company is focusing on the Operation and Maintenance (O&M) segment for critical infrastructure, such as BARCF substations, and energy-efficiency retrofitting (LED replacement) at airports to secure recurring service-based revenue.
Products & Services
Annual Operation and Maintenance (O&M) for 132kV/11kV substations, LT systems maintenance, and LED light fitting installation/replacement services.
Brand Portfolio
Abhishek Integrations Limited (AIL).
New Products/Services
Energy-efficient LED lighting solutions for aviation infrastructure, contributing INR 76.65 lakhs in the current period.
Market Expansion
Expansion into specialized government facilities (BARCF) and aviation infrastructure (Aurangabad Airport) within the Indian market.
Market Share & Ranking
Not disclosed in available documents.
Strategic Alliances
Not disclosed in available documents.
External Factors
Industry Trends
The industry is shifting toward energy-efficient lighting (LED) and outsourcing the O&M of high-voltage electrical infrastructure to specialized private players to ensure 24/7 operational reliability.
Competitive Landscape
The company competes in the SME segment for government tenders, where selection is primarily based on L1 (lowest cost) criteria among technically qualified bidders.
Competitive Moat
Technical qualification to handle high-voltage (132kV) substations at sensitive facilities like BARCF provides a service-based moat due to high entry barriers for uncertified contractors.
Macro Economic Sensitivity
Sensitivity to government infrastructure spending and energy efficiency mandates (LED adoption) which drive O&M and retrofitting contracts.
Consumer Behavior
Not applicable as the company serves B2B and B2G (Government) segments.
Geopolitical Risks
Not disclosed in available documents.
Regulatory & Governance
Industry Regulations
Compliance with electrical safety standards for 132kV/11kV systems and aviation-specific lighting standards at airports.
Environmental Compliance
Not disclosed in available documents.
Taxation Policy Impact
Contracts are inclusive of GST; changes in GST slabs for electrical services would directly affect project profitability.
Legal Contingencies
Not disclosed in available documents.
Risk Analysis
Key Uncertainties
Execution risk in high-security zones (BARCF) and potential delays in government payment cycles for the INR 282.78 lakhs in new orders.
Geographic Concentration Risk
Revenue is concentrated in specific project sites in Gujarat (Headquarters), Andhra Pradesh, and Maharashtra.
Third Party Dependencies
Heavy reliance on government tender awards and the National Stock Exchange (NSE) Emerge platform for regulatory compliance exemptions.
Technology Obsolescence Risk
Risk of LED technology evolving rapidly, requiring constant updates to procurement specifications for airport projects.
Credit & Counterparty Risk
Counterparty risk is low as primary clients are government-linked entities (BARCF, Airport authorities), though payment timelines may be extended.