Powerica Limited (POWERICA) — Financial Results | 7 August 2026(4 announcements)

Powerica Limited reported unaudited Q1 FY27 revenue of ₹780 crores, up 26.7% YoY, with PAT rising 27.3% YoY to [amount not verified]. EBITDA grew 20.4% YoY, driven by strong performance in DG Sets (81.4% of revenue, 5.6% EBITDA margin) and Wind Power (18.6% of revenue, 48.6% EBITDA margin). The DG Set order book stands at approximately ₹1,700 crores, including ₹900 crores from data center orders. Wind power capacity reached 638.35 MW with 12 operational projects and 51.3 MW in pipeline. Gross profit margin declined 3.3 percentage points YoY to 33.5%, while employee expenses rose 36.2% and finance costs were low at 1.6%. The company emphasized diversification into renewable energy, data centers, and defense applications, with IPO proceeds allocated to debt repayment and general corporate purposes.

Powerica Limited reported consolidated revenue of ₹780.1 crores for Q1FY27, up 26.7% YoY from ₹615.9 crores in Q1FY26, with PAT rising 27.3% to ₹64.3 crores. Gross profit reached ₹261.3 crores (15.2% YoY growth), while EBITDA margin expanded to 13.6% from 14.3% in the prior year. The Generator Set segment contributed 81.4% of revenue, though its EBITDA margin declined to 5.6% due to logistical challenges. Wind Power segment revenue share increased to 18.6% with a strong 48.6% EBITDA margin. The company secured new 250MW+ wind capacity through SECI and GUVNL tenders at competitive tariffs of ₹3.85 and ₹3.51 per unit, and signed a turbine supply deal with GE Vernova for its 100MW Botad project. Management expects margin pressures to ease as price revisions take effect, maintaining a long-term growth outlook with double-digit revenue growth targeted for FY27.

Powerica Limited announced the outcome of its August 7, 2026 board meeting, approving unaudited financial results for the quarter ended June 30, 2026 and related disclosures. The board reappointed Ms. Renu Naresh Oberoi and Mr. Pradeep Gupta as whole-time directors for three years starting April 1, 2027, and reappointed Mr. Udaya Jena and Mr. Sunil Lobo as independent directors for five-year terms beginning June 24 and 27, 2027 respectively. Mr. Maheswar Sahu was appointed as an additional non-executive non-independent director effective August 7, 2026. Annexures detail fund utilization from a recent IPO, appointments of secretarial and cost auditors, and plans to incorporate two renewable energy subsidiaries.

Powerica Limited announced the outcome of its August 7, 2026 board meeting, approving unaudited financial results for the quarter ended June 30, 2026, alongside key managerial appointments and reappointments. The board reappointed Whole-time Directors Renu Naresh Oberoi and Pradeep Gupta for three-year terms starting April 1, 2027, and Independent Directors Udaya Jena and Sunil Lobo for five-year terms beginning June 24 and 27, 2027, respectively. Additionally, Maheswar Sahu was appointed as an Additional Director (Non-Executive, Non-Independent) effective August 7, 2026. The meeting also approved the appointment of secretarial and cost auditors, with filings referencing SEBI regulations and fund utilization disclosures.