IRM ENERGY LIMITED

IRM Energy Limited held its Q1 FY27 Earnings Conference Call on August 7, 2026, where management reported a record quarterly revenue of INR 326 crore, reflecting a 24% year-over-year growth. EBITDA increased significantly to INR 62 crore, marking a 139% YoY growth, with a margin of 19%. The company attributed this performance to favorable pricing, volume growth, and infrastructure expansion. CNG volumes grew by 22% YoY, contributing 67% to total volumes, while PNG volumes faced challenges due to government notifications affecting industrial supplies. Management highlighted ongoing network expansion, with 153 CNG stations operational, and plans for further growth in Namakkal and Trichy. They also noted the utilization of IPO proceeds for infrastructure development, with a cumulative CapEx of INR 1,090 crore. Management set a goal of 20-25% revenue growth CAGR over the next five years, emphasizing the importance of natural gas as a transition fuel in India.

Management highlighted strong financial performance and growth opportunities despite challenges.