LaserBond lifts profit and margins on strong order book and technology push

An update from Laserbond Limited ( (AU:LBL) ) is now available.

LaserBond reported first-half FY26 revenue of $23.0 million, up 13.4% year on year, with net profit before tax jumping 153.8% to $3.3 million as gross margins reached 53.9%. Despite typical December seasonality and subdued mining maintenance demand, the company’s order book as at 1 January 2026 was about 70% higher than a year earlier, underpinning expectations of a stronger second half.

The Services Division delivered $14.3 million in revenue with margins expanding to 58.3%, while the Products Division grew 34.2% to $8.4 million driven by OEM partnerships and exports, albeit with margin pressure from tungsten price volatility. Management highlighted strategic inventory and R&D investment in tungsten carbide alternatives and new applications in wind and agriculture, as well as a $2.3 million Komatsu licensing deal scheduled for second-half delivery, which together are expected to support future growth and reinforce LaserBond’s technology-led market position.

The most recent analyst rating on (AU:LBL) stock is a Buy with a A$0.61 price target. To see the full list of analyst forecasts on Laserbond Limited stock, see the AU:LBL Stock Forecast page.

More about Laserbond Limited

LaserBond Limited is an Australian specialist in advanced surface engineering that provides services, products and proprietary technology to extend the life and performance of industrial equipment. The company focuses on sectors such as mining, earthmoving, energy and agriculture, and increasingly targets export markets and OEM partnerships, supported by licensing deals for its laser-cladding technology.

Average Trading Volume: 72,530

Technical Sentiment Signal: Hold

Current Market Cap: A$63.83M

For an in-depth examination of LBL stock, go to TipRanks’ Overview page.