Powerica Reports Q1FY27 Consolidated Results; Revenue Rises 26.7% YoY

Powerica Reports Q1FY27 Consolidated Results; Revenue Rises 26.7% YoY​

Powerica Limited, an integrated power solutions provider specializing in diesel generator sets and wind power projects, announced its unaudited consolidated financial results for the quarter ended June 30, 2026. The company saw a significant increase in revenue from operations, reporting turnover of INR 780.1 crore, reflecting robust growth across its diversified business segments.

The unaudited financial highlights show the company’s consistent performance while navigating industry pressures. Revenue From Operations increased by 26.70% compared to Q1FY26 (INR 615.9 crore), resulting in a Gross Profit of INR 261.3 crore, marking a 15.20% increase. Reported EBITDA reached INR 106.3 crore, with PAT standing at INR 64.3 crore.

Segmental and Operational Performance​

Operationally, the Generator Set segment remained the primary contributor to revenue in Q1FY27, providing 81.4% of the total revenue in Q1FY27 compared to 81.7% in Q1FY26. The DG sets powered by Cummins Engines contributed 72.0% and 67.8% of the segment's business, respectively.

The Wind Power segment accounted for 18.6% of revenue in Q1FY27. Segmental EBITDA margins reflected varying performance across divisions:


Mr. Bharat Oberoi, Chairman and Managing Director, commented on the results, stating that while the company achieved strong growth metrics—26.7% in revenue and 27.3% in PAT—the execution in the MSLG business faced temporary logistical challenges related to transporting and installing large engine sets. He noted that margin improvement in the Wind Power business was attributed to seasonality and the addition of 51.3 MW capacity in February 2026.

Strategic Developments and Order Book Status​

In terms of recent strategic developments, Powerica secured several major projects and agreements:

• Wind Projects Secured: The company executed a Power Purchase Agreement (PPA) for a 10 MW Wind Project from GUVNL's Wind Power in Gujarat at a tariff of Rs. 3.435 per kWh over 25 years. Furthermore, the company secured a 100 MW Wind Project bid from SECI's Wind Power Tender, with the discovered tariff being INR 3.85 per unit, and has received the Letter of Award (LOA).
• Project Bidding: A 50 MW Wind Project bid was secured from GUVNL's Wind Power Tender; the discovered tariff for this project was INR 3.51 per unit, with LOA still awaited.
• Turbine Agreement: Powerica signed an agreement with GE Vernova to supply 28 units of its 3.8 MW -154m onshore wind turbines for the company's 100 MW Botad Wind Farm project in Gujarat. This project marks the first deployment of GE Vernova’s 3.8 MW turbine platform in India and is Powerica’s fourth consecutive project with GE Vernova in Gujarat.
• Corporate Approvals: The company received approval from its board for an investment of INR 3 Crore in Fuji-Kailash Energy Private Limited (FKEPL), which represents up to 49% of the equity share capital. Additionally, approvals were received for incorporating two wholly-owned subsidiaries: 'Windfusion Renewable Private Limited' and 'Whisperwind Renewable Private Limited,' both focused on renewable power project development and construction.

As of July 31, 2026, the order book for DG Sets powered by Cummins stood at approximately INR 1,700 crores, with the data centre-related order book within this segment valued at close to INR 900 crores.

Looking ahead, Mr. Oberoi stated that while commodity price inflation continues to exert pressure on margins in the near term due to the lag in passing on input costs, the long-term growth outlook remains intact. With its existing portfolio of 330.85 MW and planned expansion, Powerica maintains clear visibility to take its IPP Portfolio to 638.35 MW.

POWERICA Stock Price Movement​

On Friday, Powerica Limited shares gained 1.37% after closing at ₹533.20, having risen ₹7.15 from its previous day's close. The stock experienced robust trading volume, with 186,038 shares changing hands during the session.