Zetwerk Posts ₹15,913 Crore FY26 Revenue Ahead of Planned IPO

21 Aug 2026, 8:11 pm · 22d ago · 1 min read · Inc42

Bengaluru-based B2B contract manufacturing unicorn Zetwerk reported a 40.4% year-on-year revenue increase to ₹15,913 crore in FY26 from continuing operations, up from FY25. Adjusted EBITDA rose to ₹421.3 crore, while its order book reached approximately ₹12,370 crore entering FY27 across 26 facilities. However, consolidated net loss expanded to ₹1,606 crore, impacted by an exceptional non-cash loss of ₹835.8 crore and a ₹453 crore impairment from discontinued civil infrastructure operations. Operating cash flows remained negative as the company transitions from a marketplace into hybrid contract manufacturing ahead of its IPO.