April-listed Powerica posts 226% YoY Q3 PAT development; repays Rs 525 crore debt submit IPO

Built-in energy options supplier Powerica Restricted on Tuesday reported a 226% soar in its Q3FY26 internet revenue at Rs 98 crore in comparison with Rs 30 crore within the 12 months in the past interval. The corporate’s income from operations had been up 8.3% within the December-ended quarter at Rs 763 crore, in comparison with Rs 704 crore posted within the corresponding quarter of the final monetary 12 months. It was its first post-listing earnings.

Powerica shares made their inventory alternate debut on April 2 at a reduction of seven.3% at Rs 366 on the NSE in opposition to the IPO value band of Rs 375 to Rs 395 per share. Nevertheless, the inventory has recovered from the discounted value and is now buying and selling at Rs 467, which is an 18% uptick over the problem value.

For 9MFY26, the corporate’s revenue after tax (PAT) stood at Rs 232 crore, recording a 74% rise over Rs 135 crore reported in the identical interval of the final monetary 12 months.

The corporate’s margin expanded by 190 bps to 33% within the reporting quarter versus 31.1% within the 12 months in the past interval.

The corporate submitting stated that its nine-monthly efficiency stays the very best ever throughout all metrics.

Income contribution from the generator set phase for 9MFY26 stood at 81.8% versus 83.7% in 9MFY25. DG Units powered by Cummins Engines contributed 63.7% in Q3 versus 70% within the 12 months in the past interval.

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Commenting on the outcomes, Bharat Oberoi, Chairman & Managing Director stated the itemizing on the general public markets represents a major step ahead for Powerica and the corporate is happy in regards to the journey forward.

“Following the IPO, the corporate has repaid approx. INR 525 Crs of its borrowings in Q1FY27 and maintain money & investments near INR 450 Cr as on (17-Apr-26). Because of this, substantial discount is anticipated within the finance price from Q1 FY27. Throughout Q3FY26, we achieved a income of INR 762.93 Cr, with an EBITDA margin of 10.4% and a PAT margin of 12.8%. For the 9MFY26, we recorded income of INR 2,210.37 Cr, an EBITDA margin of 13.6%,
and a PAT margin of 10.5%,” Oberoi stated.

Powerica IPO

Powerica is an built-in energy options supplier centered on diesel generator (DG) units for main and backup purposes, alongside a rising wind energy enterprise as an IPP and EPC participant. Established in 1984, it expanded into medium-speed giant mills (MSLG) in 1996.

The corporate has a long-standing partnership with Cummins India and collaborates with HD Hyundai Heavy Industries for MSLG choices.

Rs 1,100 crore Powerica IPO was a guide construct subject which was a mixture of a recent subject of 1.77 crore shares aggregating to Rs 700.07 crores and a suggestion on the market (OFS) of 1.01 crore shares aggregating to Rs 399.93 crores. The bidding occurred between March 24 and 27.

The corporate managed to get totally subscribed 1.45 occasions with retail portion receiving a lackluster response with simply 15% subscription. Nevertheless, the Certified Institutional Consumers(QIBs) responded positively because the quota was booked 4.5 occasions.

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