H1 FY27 business update: revenue ₹52.68 Cr, order book ₹173 crore

Business update for the first half of FY 2026-27.

Mon 5 Oct 2026

H1 FY27 Revenue

₹52.68 Cr

YoY Revenue Growth

90.07%

Order Book (as at 30 September 2026)

₹173 crore

Orders Received in H1 FY27

₹77 crore

Aditya Birla Orders

₹37 crore for 119 transformers, execution in four to five months

The company submitted a business update for the first half of the financial year 2026-27.

Financial performance

• Revenue: ₹52.68 Cr
• Year-on-year growth: 90.07%

The update states that the figures are management estimates and are subject to final audit adjustments.

Order book and order inflows

• Order book as at 30 September 2026: ₹173 crore
• Orders received during H1 FY27: ₹77 crore, across solar projects, wind projects and other transformer segments
• Orders worth ₹37 crore for Aditya Birla projects, excluding GST, to supply 119 transformers, with execution within four to five months from the purchase order date

Customer approvals and testing

• Vendor approvals received from Aditya Birla Renewables, UGVCL, Sterling and Wilson Renewable Energy Limited, Megha Engineering & Infrastructures Limited, BLUPINE and SMCC Construction India Pvt. Ltd.
• An order worth approximately ₹0.51 crore from Sterling and Wilson Renewable Energy Limited for auxiliary dry type and power transformers
• A five-year approval from UGVCL to manufacture and supply distribution transformers, enabling participation in eligible UGVCL tenders
• Completed a type test at CPRI

Land for future expansion

• Acquired 20,300 sq. metres of land at Khairthal-Tijara, Rajasthan, for potential manufacturing, warehousing and testing facilities
• Land consideration: ₹8.85 crore; additional expenses: ₹1.82 crore

What the update covers

The update sets out revenue for the half, the order book position at the end of September 2026, orders received during the period, new customer approvals and land bought for potential future facilities. The orders and approvals show the demand the company is working with, while the revenue figure is described as a management estimate pending audit. The document also carries a forward-looking statement caution, noting that actual results could differ materially from those expressed or implied.

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