Construction sector to recover in FY27 with 6–8% growth: ICRA
ICRA expects the operating profitability for construction companies to stay in the range of 10.3-10.8% in 2025-26, and 10.1-10.6% in 2026-27.
Revenue Growth
Stronger Central, State capex to drive construction sector revival in FY27
The EPC sector’s revenue growth is closely linked to movements in nominal gross fixed capital formation, which Ind-Ra expects to grow 13.1% yoy compared to 8.3% yoy in FY26.
