Powerica Ltd

AI

Powerica Ltd

₹ 471 -1.05%
13 Nov - close price
About

Incorporated in 1984, Powerica Ltd is a power solutions company specializing in diesel generator sets (DG sets) for main and backup use.[1]

Key Points

Business Profile[1]
Powerica Ltd is an integrated power solutions provider established in 1984, offering Diesel Generator (DG) sets, Medium Speed Large Generators (MSLG), and Wind Power solutions (IPP, EPC & O&M). The company has maintained a long-standing OEM relationship with Cummins spanning 40+ years

  • Market Cap ₹ 5,948 Cr.
  • Current Price ₹ 471
  • High / Low ₹ 677 / 365
  • Stock P/E 21.9
  • Book Value ₹ 168
  • Dividend Yield 0.00 %
  • ROCE 15.7 %
  • ROE 17.4 %
  • Face Value ₹ 5.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 80.1% CAGR over last 5 years

Cons

  • Tax rate seems low

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
704 722 616 832 763 801 780 848
623 654 531 703 685 717 674 722
Operating Profit 82 68 85 129 78 84 106 126
OPM % 12% 9% 14% 15% 10% 10% 14% 15%
5 22 25 9 13 6 19 12
Interest 9 8 6 6 6 7 2 1
Depreciation 30 29 27 27 28 35 38 40
Profit before tax 48 53 77 105 58 48 85 96
Tax % 37% 29% 34% 20% -69% 5% 24% 26%
30 37 51 84 98 45 64 71
EPS in Rs 2.55 3.37 4.52 7.32 8.81 3.36 4.98 5.51
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
890 1,488 2,378 2,210 2,653 3,012 3,192
762 1,302 2,031 1,848 2,317 2,636 2,798
Operating Profit 128 186 347 362 336 376 394
OPM % 14% 12% 15% 16% 13% 12% 12%
37 36 44 147 67 54 50
Interest 39 47 56 41 33 25 15
Depreciation 111 117 136 128 116 117 141
Profit before tax 14 59 200 341 253 287 287
Tax % 205% 66% 40% 34% 32% 3%
-16 20 106 226 163 267 278
EPS in Rs -1.14 1.43 7.70 20.80 15.00 21.12 22.66
Dividend Payout % 0% 0% 0% 0% 0% 13%
Compounded Sales Growth
10 Years: %
5 Years: 28%
3 Years: 8%
TTM: 11%
Compounded Profit Growth
10 Years: %
5 Years: 80%
3 Years: 36%
TTM: 40%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: 15%
3 Years: 17%
Last Year: 17%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 17 17 17 14 14 63 63
Reserves 729 674 779 899 1,071 1,928 2,062
399 386 279 182 312 572 46
584 1,072 1,051 990 1,018 1,368 1,108
Total Liabilities 1,729 2,149 2,126 2,085 2,415 3,931 3,279
981 863 1,091 951 865 1,211 1,153
CWIP 11 320 4 23 352 179 283
Investments 204 242 394 333 395 403 555
532 724 636 777 802 2,137 1,289
Total Assets 1,729 2,149 2,126 2,085 2,415 3,931 3,279

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
219 214 257 283 249 453
-95 -78 -99 -14 -337 -1,394
-80 -135 -165 -268 84 1,001
Net Cash Flow 44 0 -6 2 -4 60
Free Cash Flow -20 152 211 154 -59 -121
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 178% 117% 81% 95% 91% 133%

Ratios

Consolidated / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 54 63 40 53 55 41
Inventory Days 56 54 47 68 42 60
Days Payable 71 95 55 77 53 72
Cash Conversion Cycle 39 21 33 44 44 29
Working Capital Days -47 -107 -84 -23 -16 -26
ROCE % 10% 24% 27% 22% 16%

Insights

In beta
Mar 2018 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2025 Oct 2026
Wind Power Installed Capacity (IPP)
MW

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Top 10 Customer Concentration (% of total revenue)
%
Wind Power Average Plant Availability
%
Wind Power Plant Load Factor (Average CUF)
%
DG Sets Sold (powered by Cummins engines)
units
Manufacturing Capacity Utilization - DG Sets (Silvassa plant)
%
DG Set Order Book (Cummins-powered)
INR crore
Wind EPC Order Book for BoP (incl. LOA)
MW

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2026Sep 2026
77.18% 77.18%
2.05% 1.19%
16.58% 16.98%
4.19% 4.64%
No. of Shareholders 19,24422,949

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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