Q2 FY27 supplementary info: order book Rs. 2,57,571 crore, PAT Rs. 810 crore, up 120% YoY
Supplementary information on Q2 FY2026-27 results shared with the exchanges.
By ScoutQuest · · 3 min read
- Q2 FY27 Standalone Revenue from Operations
- Rs. 9300 crore (+24% YoY)
- Q2 FY27 EBITDA
- Rs. 1286 crore (+69%)
- Q2 FY27 Profit After Tax
- Rs. 810 crore (+120%)
What was shared
The company shared supplementary information on its Q2 FY2026-27 results with the exchanges, covering financial performance, order book, execution milestones and the opportunity landscape across power and industry.
Q2 and H1 FY27 financials (standalone, Rs. crore)
- Revenue from Operations: Q2 FY27 9300 against 7512, up 24%; H1 FY27 16998 against 12999, up 31%
- Gross Operating Margin: H1 FY27 6065 against 4121, up 47%
- EBITDA: Q2 FY27 1286 against 763, up 69%; H1 FY27 2020 against 411, up 392%
- EBITDA Margin: Q2 FY27 13.4% against 9.9%; H1 FY27 11.6% against 3.1%
- Profit Before Tax: Q2 FY27 1078 against 492, up 119%; H1 FY27 1591 against (115)
- Profit After Tax: Q2 FY27 810 against 368, up 120%; H1 FY27 1192 against (87)
- Total Customer Collection: Q2 FY27 13179 against 9910, up 33%; H1 FY27 24183 against 18101, up 34%
- Trade Receivables: 9718 against 9592, up 1.3%; receivable days 94 against 120
Order book
- Outstanding order book: Rs. 2,57,571 crore as on 30 Sep 2026 against Rs. 2,19,641 crore as on 30 Sep 2025, a year-on-year growth of ~17.27%
- Non-thermal outstanding order book: Nuclear ~Rs. 12,800 Cr, Transmission ~Rs. 13,600 Cr, Defense ~Rs. 7,300 Cr, Transportation ~Rs. 16,400 Cr, Coal gasification ~Rs. 9,000, Hydro ~6,400 Cr, Spares & Service ~Rs 4,000 Cr
- H1 FY27 orders secured totalled ~Rs. 30,000 crore, including ~Rs. 4,000 crore in Q2
- Key Q2 orders included Heo and Tato-I hydro packages, 265 main traction transformers, FR6B gas turbine, green-ammonia and recycle-gas compressors
Execution milestones in Q2 FY27
- Capacity addition: 660 MW — Unit 1 of Udangudi STPP, TANGEDCO
- Synchronisation: 199 MW — 46 MW Panchet HEP; 39 MW Chilla HEP; 36 MW, 60 MW and 18 MW STG for industrial applications
- Full load: 2 × 20 MW — Units 1 & 2 of Rahughat HEP, Nepal
- Specialised delivery: 3 upgraded SRGMs successfully test-fired and delivered to shipyards
- Overall, 2,260 MW capacity addition achieved during H1 FY27, against a target of 4,790 MW in FY27
Scale and capability described
- 15 manufacturing units, 8 service centres, ~27,300 employees including 9,000+ engineers
- 214+ GW power equipment installed in India and abroad and 8,50,000+ MVA equipment supplied; 6 HVDC projects executed
- 55 SRGMs supplied, 850+ locomotives, 431 hydro utility sets and a ~250 GW installed base for spares and services
- Global footprint across 95 countries; ~2.4% of revenue allocated for R&D
Opportunity landscape described
- Power and thermal: projected peak demand of 270-280 GW in FY27
- Transmission: planned expenditure of ~Rs. 9 Lakh Crore in 2022-32
- Renewables and hydrogen: 500 GW / 5 MMT ambition for 2030
- Rail modernisation, defence indigenisation and exports are also listed as demand drivers
New initiatives mentioned
Rail mobility JV with Titagarh for Vande Bharat maintenance and a maiden KAVACH order under execution; equity infusion in the CIL–BHEL JV for a 2,000 TPD ammonium nitrate plant; synchronous condenser design for solar power integration; and green hydrogen technology tie-ups for alkaline and PEM electrolysers.
How to read this
The deck presents improved year-on-year standalone financials for Q2 and H1 FY27 along with a Rs. 2,57,571 crore order book and execution milestones. The order book and targets reflect what the company is working with, and the deck itself notes that the value realised depends on conversion through execution.
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More numbers
- Outstanding order book as on 30 Sep 20262,57,571
- Order book year-on-year growth~17.27%
- H1 FY27 orders secured~Rs. 30,000 crore
- Revenue from Operations Q2 FY27 (standalone)9300
- Profit After Tax Q2 FY27 (standalone)810
- EBITDA H1 FY27 (standalone)2020
- Capacity addition achieved in H1 FY272,260 MW
- FY27 capacity addition target4,790 MW
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