Nature of Disclosure: Submission of an Investor Presentation on Unaudited Financial Results for the quarter ended June 30, 2026, to the stock exchanges pursuant to Regulation 30(6) read with Schedule III, Part A, Para A of the SEBI (LODR) Regulations, 2015.

Q1FY27 Financial Highlights:

  • Revenue from Operations: ₹12,163 lakhs (₹121.63 Cr), representing a 37% year-on-year (YoY) growth.
  • EBITDA: ₹1,477 lakhs (₹14.77 Cr), representing a 23% YoY growth.
  • Profit After Tax (PAT): ₹1,052 lakhs (₹10.52 Cr), representing a 26% YoY growth.
  • EBITDA Margin: 12.15% for the quarter.

Management Commentary (Provided by Chairman & Executive Director, Kalpesh Dhanjibhai Patel):

The company attributed the strong quarterly performance to robust project execution across business verticals. The marginal contraction in Gross and EBITDA margins was noted as specific to the project mix for the quarter, with an expectation that the annual steady-state margin profile remains intact. Management remains optimistic about the FY27 business outlook.

Order Book Status:

  • Order Book as of March 31, 2026: ₹621.28 Cr
  • New Order Intake in Q1FY27: ₹67.82 Cr. This includes an order from GETCO for a 220 kV Jantral AIS substation and a private sector order for a single-circuit 220 kV transmission line.
  • Orders Executed in Q1FY27: ₹121.63 Cr
  • Closing Order Book as of June 30, 2026: ₹567.47 Cr

Post-Quarter Updates:

Subsequent to the quarter end, the company received additional orders:

  • An order from PGVCL for a turnkey underground cable project.
  • An order from GETCO for a 66 kV underground cable project.

Strategic and Operational Updates:

  • A key development was the proposed incorporation of a wholly-owned subsidiary, OPTL Green Energy Private Limited, to pursue opportunities in the renewable energy EPC segment.
  • The company's growth strategy focuses on moving up the value chain into 765 kV and HVDC projects, deepening its private sector franchise, and geographic expansion beyond its home base in Gujarat into Rajasthan, Punjab, and Dadra & Nagar Haveli.
  • The presentation emphasizes the company's positioning to benefit from India's significant planned investment in power Transmission & Distribution (T&D) infrastructure, estimated at ₹9.15 trillion under the National Electricity Plan (NEP) for 2023-32.
  • The company holds an 'AA-class' certification from GETCO, the highest grade for an EPC contractor.

Capital Structure Impact:

The document references the April 2026 IPO, which raised ₹132.56 Cr of fresh capital. The proceeds are intended to support revenue growth, enhance bidding capacity for higher-value projects, and fund the company's growth strategies. The net debt-to-equity ratio was reported at 0.35x for FY26.