How did SKS Technologies Group (ASX:SKS) perform in the first half of FY26?

SKS Technologies reported a strong half-year with a net profit after tax of $8.8 million, a 52.5% increase over the previous corresponding period. Operational revenue grew 13.6% to $131.8 million, while EBITDA rose 42.9% to $14 million.

What is the current dividend for SKS Technologies (ASX:SKS) shareholders?

The board declared a fully franked interim dividend of 3.5 cents per share for H1 FY26. This is a 250% increase from the 1 cent dividend paid in H1 FY25, following a 49.6% rise in earnings per share.

What is driving the growth for SKS Technologies (ASX:SKS) right now?

The primary driver is the company’s expansion into the data centre sector, particularly hyperscale projects. SKS recently secured a record $130 million contract, its largest to date, as part of a broader move into specialised electrical and data infrastructure.

How much work does SKS Technologies (ASX:SKS) have in its pipeline?

As of February 2026, SKS Technologies reported a record "work on hand" (order book) of $325 million. This figure represents a significant increase in future contracted revenue and provides high visibility for the company’s earnings through the remainder of FY26 and into FY27.

What was the impact of the Delta Elcom acquisition on SKS Technologies?

SKS Technologies finalised the acquisition of Delta Elcom, a New South Wales-based electrical and data centre infrastructure specialist. This move was designed to bolster the company’s technical capabilities and expand its geographic reach into the NSW market.

Is SKS Technologies (ASX:SKS) generating enough cash to support its growth?

Yes, the company's cash position strengthened during the period, with cash from operations reaching $27.84 million, up 46.6% from the previous year.

What are the main bull points for SKS Technologies (ASX:SKS) after these results?

The "bull case" rests on the exponential growth of the data centre market and SKS’s ability to secure massive $100M+ contracts. With a 90% repeat business level and a record $325 million order book, the company shows strong momentum. The transition to hyperscale projects also appears to be significantly expanding EBITDA margins.

What are the key risks or bear points for SKS Technologies (ASX:SKS) investors?

A key risk is the company’s heavy concentration in the data centre sector, making it sensitive to any slowdown in tech infrastructure spending. While the 90% repeat business rate is high, the reliance on a few triple-digit contract values means any project delays or cost overruns could significantly impact the bottom line.

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SKS Technologies H1 profit up on data centre growth

Written by Liezl GambePublished Feb 24, 2026, 6:18 AMLast Updated Jul 6, 2026, 10:45 AM

SKS Technologies Group (ASX:SKS) has released its financial results for the first half of FY26, reporting growth across its core financial metrics.

The company achieved a net profit after tax of $8.8 million, representing a 52.5% increase compared to the previous corresponding period.

Earnings per share rose by 49.6%, leading the board to declare a fully franked interim dividend of 3.5 cents per share, a substantial increase from the 1 cent dividend paid in H1 FY25.

Operational revenue for the period reached $131.8 million, up 13.6% a year earlier, while EBITDA climbed 42.9% to $14 million.

The company's cash position also strengthened, with cash from operations reported at $27.84 million, a 46.6% increase.

A primary driver of this performance is the company’s expansion into the data centre sector. SKS Technologies recently secured its largest contract to date—a $130 million data centre project—and noted that its total work on hand reached a record $325 million as of February.

The company also finalised the acquisition of Delta Elcom, a New South Wales-based electrical and data centre infrastructure business, to bolster its technical capabilities and market reach.

Management indicated that the data centre market is experiencing exponential growth, driven by high demand and customer-contracted commitments for staged developments.

The transition into hyperscale projects has resulted in triple-digit contract values and a repeat business level of approximately 90%.

At the time of reporting, SKS Technologies Group's share price was $4.49.

SKS Technologies H1 profit up on data centre growth

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