Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting
Audit Opinion:
Unmodified opinion (clean) for both standalone and consolidated financial results. Declaration submitted as Annexure A.
Key Financial Highlights [₹ in Lakhs]:
Standalone Results:
For Year Ended March 31, 2026:
- Revenue from Operations: ₹2,79,157.52 (Previous Year: ₹2,59,823.65)
- Total Income: ₹2,81,855.81 (Previous Year: ₹2,62,913.32)
- Net Profit: ₹2,695.33 (₹26.95 crore) (Previous Year: ₹1,546.35)
- EPS: ₹2.33 (Previous Year: ₹1.34)
- Other Equity: ₹65,812.04 (Previous Year: ₹56,154.41)
- Cash and Cash Equivalents: ₹237.21 (Previous Year: ₹5,568.03)
- Total Debt: Not separately disclosed but borrowings under financial liabilities: ₹34,996.11
For Quarter Ended March 31, 2026:
- Revenue from Operations: ₹1,00,776.70
- Total Income: ₹1,01,452.59
- Net Profit: ₹1,571.33 (₹15.71 crore)
- EPS: ₹1.36
Consolidated Results:
For Year Ended March 31, 2026:
- Revenue from Operations: ₹2,79,157.52
- Total Income: ₹2,81,855.81
- Net Profit (attributable to owners): ₹2,027.67 (₹20.28 crore)
- Share of loss of joint ventures: ₹667.66
- EPS: ₹1.75
- Other Equity: ₹72,443.01
- Cash and Cash Equivalents: ₹237.21
For Quarter Ended March 31, 2026:
- Revenue from Operations: ₹1,00,776.70
- Total Income: ₹1,01,452.59
- Net Profit: ₹1,414.02 (₹14.14 crore)
- Share of loss of joint ventures: ₹157.31
- EPS: ₹1.22
Segment-wise Performance:
The Company operates in a single reporting segment - Power Transmission and Distribution - as per IND AS 108.
Corporate Actions:
- Dividend: Board recommended a final dividend of ₹0.60 per equity share (30% of face value of ₹2 each) for FY26, subject to shareholder approval at the 4th AGM
- Payment Date: On or after August 11, 2026
- Record Date: July 31, 2026
- Borrowing Limits: Approved increase in borrowing limits under Section 180(1)(c) of Companies Act, 2013 from ₹3,500 crore to ₹5,000 crore, subject to shareholder approval
Other Significant Information:
- Labour Code Impact: Recognized exceptional item of ₹772.06 lakhs for increased employee benefits obligations due to implementation of Labour Codes notified on November 21, 2025
- Supplier Finance: Current borrowings include ₹31,896.11 lakhs (Previous Year: ₹23,558.61 lakhs) in respect of supplier finance arrangements with certain banks
- Arbitration Proceedings: Ongoing against three customers for recovery of ₹8,596 lakhs outstanding balances
- Key Managerial Personnel:
- Mr. Rajesh Ganesh - Chief Executive Officer, Managing Director & CEO
- Mr. Ajay Nagle - Executive Director
- Mr. Nitesh Bhandari - Chief Financial Officer & Chief Compliance Officer
- Ms. Amee Joshi - Company Secretary & Chief Compliance Officer