Results - Announcements
Powerica Ltd share price fell 5.11% to Rs 468.6. The Company's net profit expanded by 10.07% to Rs 70.92 crore, while revenue from operations improved marginally 8.65% to Rs 847.6 crore in Q2FY27 over Q2FY26.
The market capitalization of Heavy Electrical Equipment industry group stocks on BSE stood at Rs 12.8 lakh crore, rising by 12.46%. It has inched up 2.16% over last one week and declined by 10.22% in last one month while the market capitalization of Powerica Ltd has marginally improved by 0.21% and 11.85% in the same period respectively.
Profit before tax (PBT) of Powerica Ltd stood at Rs 96.4 crore in Q2 FY27, slipping 7.81% year-on-year, and heading higher 13.67% quarter-on-quarter. EBITDA came in at Rs 117 crore, declining 4.62% YoY and rallying 33.61% sequentially.
Total expenses grew marginally by 6.94% to Rs 761.98 crore in Q2FY27 over Q2FY26. During the quarter, cost of materials consumed stood at Rs 580.81 crore, advancing by 10.49% YoY, while employee benefits expense was at Rs 40.87 crore, witnessing a strong rise of 12.96% YoY.
For FY26, revenue from operations grew 13.50% to Rs 3011.52 crore, while net profit saw a strong growth of 61.05% to Rs 277.31 crore, compared to previous FY. EBITDA soared by 27794% to Rs 332.77 crore, and PBT rose 13.26% to Rs 287.11 crore compared to previous FY.
The company's consolidated net cash flow from operating activities stood at Rs 452.88 crore in FY26, as against Rs 247.41 crore in FY25.
Powerica Ltd rallied 20.15% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 2.74% during the same period.