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Earnings Call Transcript

GK Energy Earnings Call Transcript: Key Takeaways

GK Energy delivered a 71% revenue surge in Q1FY27, though high volume growth is being offset by lower per-pump realizations due to competitive pressures.

Why this was an Alfa AlertManagement guides 100% Revenue growth for FY27 (explicit single-year guidance).
Guidance and delivery
Management target Revenue 100.0% FY27
Highlights
Revenue growthRevenue jumped 71.1% YoY to ₹505 Cr in Q1FY27.
MarginsEBITDA margin 17.05%; PAT increased 61.6% YoY.
Order bookOrder book stands at ₹541 Cr including post-June receipts.
Demand visibilityStrong visibility from government schemes; H2 historically contributes bulk of revenue.
Management confidenceConfident, relying on PM KUSUM 2.0 to drive H2 performance.

Growth

Revenue grew 71.1% YoY to ₹505 Cr, while pump installations more than doubled to 24,118 systems.

Outlook

Management aims for ₹3,000 Cr revenue and doubling FY26 revenue in FY27.

Risks

Heavy dependence on PM KUSUM 2.0 timelines and falling per-pump realizations could squeeze margins if volumes plateau.

Last quarter's promises, checked

Delivered

  • Guided 15,000 monthly installation capacity → delivered 24,118 systems in Q1FY27 (= BEAT)
  • Guided double-digit net margins → delivered 11.4% PAT margin (= BEAT)
  • Guided H1 FY27 revenue of ₹1,000-1,200 Cr → delivered ₹505 Cr in Q1 (on track) (= BEAT)

Partly delivered

  • Guided doubling FY26 revenue to ₹3,000 Cr → Q1 revenue ₹505 Cr (requires H2 surge) (= PARTIAL)
  • Guided 140 days working capital cycle → delivered ₹505 Cr revenue with reduced debt but realization pressure (= PARTIAL)
Source

Earnings Call Transcript filed with NSE, NSE: GKENERGY. Summary written with AI assistance from the document.

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GK Energy Ltd: key numbers

Share price
₹123.68
Market cap
₹2,508 Cr
Revenue (annual)
₹1,715 Cr
Net profit (annual)
₹204.3 Cr
P/E (TTM)
11.1×Sector 53.6×
Promoter holding
79.20%+0.00% QoQ
FII holding
1.30%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from GK Energy Ltd

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18:33 IST NSE
New Order Win

GK Energy Bags ₹42.84 Cr Order from Maharashtra State Electricity Distribution Company Limited

GK Energy Limited received a Letter of Award from Maharashtra State Electricity Distribution Company for 150 MW / 300 MWh BESS, generating ₹42.84 Crore yearly revenue.

Value
₹42.84 Cr
From
Maharashtra State Electricity Distribution Company Limited
Execution
15 years
Battery Energy Storage Systems capacity
150.0 MW
13:09 IST NSE
New Order Win

GK Energy Bags ₹642.6 Cr Order from Maharashtra State Electricity Distribution Company Limited

GK Energy received a Letter of Award from MSEDCL for 150 MW/300 MWh BESS in Maharashtra. The 15-year contract yields ₹42.84 Crore/year, totalling ₹642.6 Crore.

Value
₹642.6 Cr
From
Maharashtra State Electricity Distribution Company Limited
Execution
18 months to commission; 15-year revenue period from COD
BESS capacity
150 MW
17:50 IST BSE
Earnings Call

GK Energy Investor Presentation: Key Takeaways

GK Energy reported record Q1 revenue of INR 505 Cr, up 71.1% YoY. Management is pursuing an asset-light OEM/ODM model, focusing on solar pumps and expanding into rooftop solar.

Call
Guides 100% growth