Om Power Transmission Limited announced robust financial results for the second quarter and first half of FY27. Revenue from operations surged by 56.4% year-on-year to INR 128.29 crore in Q2 FY27, with EBITDA growing by 111.3%. The company also highlighted a healthy increase in its order book to approximately INR 839 crore, providing strong revenue visibility for FY27 and FY28.
Strong Financial Performance in Q2 and H1 FY27
Om Power Transmission Limited has announced significant financial gains for the second quarter and the first half of the financial year 2026-27. The company reported a substantial revenue increase, demonstrating strong operational execution and business development.
Q2 FY27 Highlights
For the second quarter of FY27, Om Power Transmission Limited posted revenue from operations of INR 128.29 crore, marking a significant growth of 56.4% compared to INR 82 crore in the same period of FY26. The company’s EBITDA for the quarter stood at INR 19.56 crore, an impressive increase of 111.3% year-on-year. The EBITDA margin improved to 15.25% from 11.29% in Q2 FY26, attributed to a favorable business and project mix.
Profit after tax for Q2 FY27 grew by 116.7% to INR 13.85 crore, with a PAT margin of 10.7%, up from 7.7% in the prior year’s quarter. Earnings per share (EPS) for the quarter were 4.04, compared to 2.54 in Q2 FY26.
H1 FY27 Performance
The first half of FY27 also saw strong performance, with revenue from operations reaching INR 249.93 crore, a growth of 46.3% over INR 170.88 crore in H1 FY26. EBITDA for the half-year was INR 34.34 crore, up 61.4%, with a margin of 13.74%. Profit after tax for H1 FY27 increased by 65.3% to INR 24.37 crore, with an after-tax margin of 9.7%. The EPS for the half-year was 7.24, up from 5.92.
Strengthened Balance Sheet and Order Book
As of September 30, 2026, the company’s net worth stood at INR 283.43 crore, significantly boosted by IPO proceeds and profits. Gross borrowings were reduced to INR 24.06 crore from INR 47.67 crore at March ’26. The company holds a cash and bank balance of INR 38.34 crore, indicating a net cash-rich position. The debt-to-equity ratio stands at a healthy 0.08x.
The order book closed at INR 565.99 crore as of September 30, 2026. Notably, order wins accelerated post-quarter, with October alone adding orders worth INR 273.21 crore. This brings the total order book to approximately INR 839 crore, providing strong revenue visibility for the remainder of FY27 and into the start of FY28, representing about 1.9 times the FY26 revenue.
Outlook and Future Focus
The company highlighted healthy project execution and a strong business environment for transmission and distribution capex. The successful commissioning of the 400 kV GIS substation at Dholera is a key achievement. Om Power Transmission plans to focus on timely execution, working capital discipline, and developing capabilities for higher-value projects, including 765 kV transmission networks and GIS substations.
The company expects to maintain a 50% year-on-year growth and is targeting INR 2500 crore in revenue by FY30. The focus remains on prudent margin management and strategically participating in segments offering sustainable profitability.
Source: BSE
