TickerSutra

NSE: POWERICA · BSE: 544744 · ISIN INE921L01032

Powerica Limited stock analysis

Powerica Limited ranks #519 in the TickerSutra evidence-ranked universe with a score of 63/100 and 87% data confidence. The latest captured fundamentals show ROCE of 15.7%, quarterly sales growth of 26.7% and quarterly profit growth of 28.1%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE63/100

Monitor only

#519 of 5,430 ranked equities
Market capitalisation₹6,719.94cr
ROCE15.7%
Quarterly sales growth26.7%
Quarterly profit growth28.1%
P/E ratio23.9×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Low debt/equity of 0.29×
  • Strong CFO/EBITDA of 1.2×
  • Institutional ownership is rising
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • No calculated threshold risk in the current snapshot.

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹1,488cr₹186cr₹20cr12.0%
2023₹2,378cr₹347cr₹106cr15.0%
2024₹2,210cr₹362cr₹226cr16.0%
2025₹2,653cr₹337cr₹167cr13.0%
2026₹3,012cr₹376cr₹277cr12.0%
TTM₹3,176cr₹397cr₹291cr12.0%
Debt / equity0.29×
CFO / EBITDA1.20×
Operating margin12.0%
Free cash flow₹-121cr
Sales CAGR · 3Y8.2%
Profit CAGR · 3Y37.7%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts3 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Operating leverageHigh severity · 1 mention
Positive catalyst

Commodity price inflation weighed on our margins this quarter as there is typically a certain time lag before we can pass rising input costs through to our customers. That said, margins are likely to improve over the longer term through operating leverage, product mix improvements, and continued growth in our engineering-led solutions. Our Group CFO will provide a detailed review of the quarter's financial performanc

Management confidenceHigh severity · 1 mention
Constructive

Do we see more players coming in this domain, or the number of players have remained same as they were in the last tw o-three years? Jai Ram Oberoi: So, competition continues to increase, right, but we are confident in our product and not just the product, but also the reputation and the trust that Powerica has in the execution of these orders, right. Like while there might be a lot of players that could supply a DG

Pricing commentaryModerate severity · 4 mentions
Constructive

Jai Ram Oberoi: Yes, so the demand continues to be strong, and acceptance is going to be evaluated over the short term, as since we've just about rolled it up, let's see. I mean, the conditions are quite unpredictable, but we are quite confident that we will be able to pass this price along because, we did something similar when CPCB IV + came into effect, passed on about a 33% price increase into the market over the

Margin expansionLow severity · 2 mentions
Watch

Ritesh Agrawal: So, Arafat, also again it works on the project-to-project. Some of the project will have a higher margin, some of the project will have a lower depending on the mix that we work. Say if something is in overseas, that definitely that would have an higher margin vis -a-vis working in the India.

Capacity expansion plansLow severity · 1 mention
Watch

Ritesh Agrawal: It’s capacity utilization is about between 75% to 80%. Nagendra Maurya: So, as it is 75% to 80% and earlier it was 80% kind of capacity utilization was there, so is there any capacity expansion plans you are planning for the DG sets? Ritesh Agrawal: We have so the capacity that we are talking about, it is one shift that we are working.

Margin pressureLow severity · 1 mention
Watch

Sagar Parekh: So, this INR900 crores data center order book that you spoke about, so I believe that would also be-- you would have won earlier, right, so at lower pricing. So, that also should be at lower margins, or-- and then the additional INR200 crores that you won in August would be at a new pricing. So it's at the at the moment it is difficult to mention which was of a older price and which is has been newer pr

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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