Lohia Corp eyes public market debut with strong FY26 financials

As global technical textile sector continues to grow, Lohia Corp is preparing to unlock significant value through its upcoming initial public offering (IPO). The Kanpur-based machinery manufacturer is set to launch its public issue on July 23, 2026, offering over 2.59 crore shares through an offer for sale (OFS). With a focus on capitalizing on the growing demand for specialized industrial fabrics, the company enters the capital markets following a period of robust fiscal growth

For fiscal year ending March 31, 2026, Lohia Corp reported a 64 per cent Y-o-Y growth in net profit, reaching Rs 193 crore, supported by a 25 per cent increase in annual revenue to Rs 1,717 crore. This performance highlights their resilience and edge in the ‘raffia’ machinery market, where it maintains a dominant presence. Analysts observe, the company’s ability to maintain healthy profit margins, amidst global economic volatility, positions it favorably for investors looking for stability in the industrial capital goods space.

By focusing on end-to-end manufacturing solutions for polypropylene and high-density polyethylene woven fabrics, Lohia Corp has successfully integrated itself into supply chains across 90 countries. The IPO serves as a vehicle for existing shareholders to provide liquidity, reflecting confidence in the company’s long-term technical leadership in global textile machinery.

Established in 1981, Lohia Corp specializes in manufacturing advanced machinery for technical textiles, including circular looms and tape extrusion lines. With a strong global footprint across 90 countries, the company focuses on infrastructure and industrial packaging. It maintains a healthy financial trajectory with sustained profitability and modest debt levels.