SKS Technologies FY26 Results: Revenue Up 33% to $347.9M as Data Centre Division Drives 93% NPAT Surge

SKS is emerging as a key beneficiary of Australia’s accelerating data centre and digital infrastructure expansion. Here’s a look at the latest updates highlighting their growth opportunity.

SKS Technologies Group Limited (ASX: SKS),

As on 18 August 2026, published its FY26 results highlighting strong results as revenue increased to $347.9 million, a 33% increment compared to previous year. This strongly reflected in a surged net profit before tax of the company of $39.3 million with a significant rise of 93.2% in NPAT to $27.1 million. It was strongly supported by operating leverage as the expenses grew at a slower pace of 28.2%. SKS’ EBITDA also increased 80.8% while its EPS rose 91.2% to 23.45 cents. The company has a market capitalisation of approximately $1.09 billion and has also announced to pay a dividend of 6.5 cpu, totalling to a full-year payout of 10 cents, a 66.7% increment in full-year dividend.

SKS’ data centre division expanded rapidly and remained the key growth driver as revenue increased by 47.6% to $207.7 million, accounting for 59.7% of total sales. At the same time, traditional revenue division of the company also reflected stable growth with an increment of 16.0% to $140.3 million, providing greater diversification. SKS also strengthened its balance sheet, with cash on hand reaching $49.6 million and operating cash flow rising 30.5% to $45.7 million. Work on hand increased 56% to $312 million at June 2026, while the company maintained a 95% repeat business rate across data centre and traditional projects.

Strategically, SKS strengthened its data centre footprint through the integration of Delta Elcom, a Sydney-based data centre infrastructure and electrical solutions specialist. More recently, in July, SKS secured a $28 million early-works contract for the MEL2 data centre project in Melbourne. The work covers early electrical infrastructure, including substation and high-voltage-related works, and follows SKS’s previous involvement in the MEL1 facility. The contract further strengthens SKS’s relationship within the hyperscale data centre market and adds to its growing FY27 workload.

Looking ahead, management has set an ambitious FY27 revenue forecast of $500 million and profit before tax of $60 million, implying another significant increase from FY26. The outlook is supported by the $312 million order book and an open tender pipeline worth approximately $1.69 billion across 1,356 opportunities. Management expects strong demand across its markets, particularly data centres, while its existing fixed-cost base is considered capable of supporting revenue up to $500 million without significant margin erosion. With an expanding pipeline, strong cash generation and continued demand for data centre infrastructure, SKS enters FY27 with substantial earnings visibility.

(Source: Company Announcements)