Key Financial Figures (Consolidated)

For FY26:

  • Revenue: ₹3,011.52 crore, representing a 13.5% year-on-year (YoY) growth.
  • EBITDA Margin: 12.8%
  • PAT Margin: 9.2%

For Q4 FY26:

  • Revenue: ₹801.15 crore, representing a 10.9% YoY growth.
  • EBITDA Margin: 10.8%
  • PAT Margin: 5.6%

Operational Highlights & Segment Breakdown (FY26/FY25)

Generator Set Segment Contribution: 83.1% / 85.0% of total revenue.

  • DG Sets powered by Cummins Engines: 65.5% / 70.4%
  • MSLG in association with Hyundai: 5.1% / 1.7%
  • Allied Business: 12.5% / 12.9%

Wind Power Segment Contribution: 16.9% / 15.0% of total revenue.

  • IPP Business: 6.7% / 7.6%
  • EPC and O&M for BoP Business: 10.1% / 7.4%

Segmental EBITDA Margin (FY26/FY25):

  • Generator Set Segment: 9.1% / 8.4%
  • Wind Power Segment: 31.3% / 41.4%

Management Commentary

Mr. Bharat Oberoi, Chairman and Managing Director, provided commentary on the results. He attributed the record performance to steady execution and healthy demand across businesses. The management highlighted near-term challenges starting Q1FY27, including geopolitical uncertainties, rising energy prices, and supply chain pressures. Despite these transient challenges, the company is targeting double-digit topline growth in FY27, supported by structural megatrends like increasing electrification, renewable integration, EV ecosystem expansion, and data centre investments.

Company Background

Powerica Limited is an integrated power solutions provider with two main business segments:

1. Generator Set Business: Specializes in diesel generator sets (7.5 kVA to 10,000 kVA) for primary and standby applications. It is an OEM for Cummins engines (relationship over four decades) and develops Medium Speed Large Generators (MSLG) in collaboration with HD Hyundai Heavy Industries on a non-exclusive basis.

2. Wind Power Business: Operates as an Independent Power Producer (IPP) since 2008 and provides EPC and O&M services for Balance of Plant (BoP).

  • IPP Portfolio: 12 projects with long-term, fixed-tariff Power Purchase Agreements (PPAs) with GUVNL and SECI, generally for 25 years.
  • EPC Experience: 12 wind power projects with an aggregate installed capacity of 450.40 MW.
  • O&M Services: Provided for 10 wind power projects with an aggregate installed capacity of 296.50 MW.

Document & Contact Information

  • Symbol (NSE): POWERICA
  • Company CIN: L31100MH1984PLC032825
  • Compliance Officer: Anita Praful Renuse, Company Secretary & Compliance Officer (ACS: 25102)
  • Investor Relations Contact: Ritesh Kumar Agrawal (Group Chief Financial Officer) and Anita Praful Renuse at investorrelations@powericaltd.com.
  • The company's Investor Relations advisors are Strategic Growth Advisors Pvt Ltd. (CIN: U74140MH2010PTC204285).