40% growth, 40% margins: This SME is scaling a repeat-revenue model
- Posted on September 26, 2026
- By Financial Express
- 0 Views
- 1 min read
In brief
Generating AI summary…
40% growth, 40% margins: This SME is scaling a repeat-revenue model
Construction equipment is usually a one-time sale, but rentals can generate revenue from the same assets repeatedly. One small Indian manufacturer is building a rental-led scaffolding business, with rentals already contributing 46% of Q1 FY27 revenue and revenue growing nearly 40% year-on-year, while the operating margin stayed close to 40%. New capacity and aluminium formwork could drive the next phase of growth, but higher capital needs make cash generation and capacity utilisation key to watch.
