TechPrecision Forecasts 10% Revenue Growth and 80% EBITDA Jump for FY2027
TPCS•TechPrecision’s fiscal 2026 gross margin expanded by 300 basis points, driving a 15% increase in gross profit to $5.0 million despite a 7% revenue decline to $31.6 million. The company projects fiscal 2027 revenue of $35.0–$37.0 million (10% growth) and EBITDA of $3.0–$4.0 million (80% increase).
1. FY2026 Financial Performance
TechPrecision delivered consolidated revenue of $31.6 million, a 7% year-over-year decline, but achieved gross profit of $5.0 million, up 15%, driven by improved manufacturing processes and cost controls that reduced cost of revenue by 10%.
2. Segment Improvements and Margin Expansion
The Stadco segment reduced cost of revenue by over $1.0 million through a strategic shift to higher-margin projects, while Ranor executed on a favorable project mix; consolidated gross margin expanded by 300 basis points, narrowing net loss by $1.0 million to $1.6 million.
3. Backlog and Balance Sheet Position
Funded backlog reached $52.1 million with an additional $25.0 million of unfunded purchase orders; cash on hand was $0.4 million, working capital was negative $0.4 million, and total debt decreased to $6.9 million as of March 31, 2026.
4. FY2027 Guidance
TechPrecision projects full-year consolidated revenue of $35.0–$37.0 million (approximately 10% growth) and EBITDA of $3.0–$4.0 million (approximately 80% increase) as it continues executing its strategic customer and project mix plan.
