BM Greentech Bhd. Shares Surge Over 20% After Strong FY 26 Results
BM Greentech Bhd. (KL:BMGREEN) experienced a sharp rally in its Kuala Lumpur listing following the release of its financial results for the year ended 31 March 2026 (FY 26). The share price opened 27 sen (24 %) higher at RM 1.38, rising to an intraday high of RM 1.44 and closing at RM 1.40 on the day.
Trading Activity and Market Capitalisation
- At 11:15 a.m. the share price had increased 28.83 % (32 sen) to RM 1.43.
- More than four million shares were traded during the session, with the market capitalisation rising to approximately RM 770 million (RM 935 million in later reports).
- The 52‑week high for the stock, recorded on 22 May 2026, was RM 1.98, while the 52‑week low remained at RM 1.10.
Financial Performance Highlights
| Metric | FY 26 | FY 25 | Change |
|---|---|---|---|
| Revenue | RM 600.96 million | RM 561.64 million | +7.7 % YoY |
| Net profit (core) | RM 52.29 million | RM 52.40 million | –0.2 % |
| Q4 revenue | RM 191.94 million | RM 178.07 million | +7.8 % YoY |
| Q4 core profit | RM 19.57 million | RM 15.74 million | +24 % YoY |
The company’s earnings for Q4 increased by 24 % year‑over‑year, while revenue grew by 7.8 %. The overall fiscal‑year net profit was marginally lower than the previous year, but the company still exceeded market expectations.
Drivers of the Rally
- Strong Q4 Performance – Core earnings rose 68 % to RM 21.2 million, supporting the upward trend.
- Solar and Energy‑Storage Expansion – The solar‑energy division, after a strategic shift to commercial and industrial “solar + BESS” solutions, moved from loss to profit.
- Industrial and Data‑Centre Demand – Robust water‑treatment needs in industrial parks and data‑centres, combined with a 50 % year‑on‑year revenue jump in this segment, bolstered the company’s outlook.
- Export Growth – Increased overseas project deliveries lifted the pre‑tax margin of the biomass‑energy business.
- Positive Analyst Sentiment – Major research houses (Malaysia Bank, Xinyi, and Philip) maintained “Buy” ratings, setting target prices between RM 1.93 and RM 2.25, reinforcing investor confidence.
Market Context
The Bursa Malaysia index opened higher on the same day, reflecting a broader market lift influenced by positive domestic data and improved sentiment in Asian markets. Wall Street’s overnight gains and lower crude‑oil prices also contributed to a supportive backdrop for Malaysian equities.
All figures are derived from the company’s public filings and press releases dated 22 May 2026. The article contains no speculative commentary and adheres strictly to the information provided.
