Stories
Kanohar Electricals Shares Surge 20% Following Strong Q1 Results
- •Kanohar Electricals shares jumped 20% to reach an intraday high of ₹1,131 following impressive April to June quarter results.
- •Revenue from operations surged 103% year-on-year to ₹137 crore, while profit after tax jumped nearly 142% to ₹27.3 crore.
- •The profitability boost was driven by increased manufacturing, a better product mix, and higher contributions from the 400 kV segment.
- •The company added incremental orders worth ₹332.3 crore, pushing its total outstanding order book to ₹2,026 crore.
- •Management has set a revenue target of ₹950 crore for FY27 while maintaining a strong EBITDA margin profile.
Key Questions Answered
Kanohar Electricals reported a 103% year-on-year increase in revenue from operations to ₹137 crore and a nearly 142% jump in profit after tax to ₹27.3 crore. The profitability improvement was driven by higher manufacturing output and a better product mix, particularly a higher contribution from the 400 kV transformer segment.
The company added incremental orders worth around ₹332.3 crore during the quarter, bringing its total outstanding order book to ₹2,026 crore, which is executable over the next 18 to 24 months. For the full fiscal year 2027, Kanohar Electricals is targeting a revenue of ₹950 crore with an EBITDA margin profile similar to FY26.
Kanohar Electricals made its stock market debut on September 16, 2026, listing at ₹685.50 per share on the NSE, which marked an 8.5% premium over its IPO price of ₹632. The ₹1,055.7 crore initial public offering had been subscribed 90.59 times on the final day of bidding.
