Smarten Power Systems Earnings Call Transcript: Key Takeaways
H1 FY27 revenue ₹204.5 Cr (+77.5%) and PAT ₹12.0 Cr (+103.9%) on margin expansion. Management avoids quantifying guidance, relying on 'maybe' and 'hopefully'.
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H1 FY27 revenue ₹204.5 Cr (+77.5%) and PAT ₹12.0 Cr (+103.9%) on margin expansion. Management avoids quantifying guidance, relying on 'maybe' and 'hopefully'.
Smarten Power Systems filed a monitoring agency report for the September 2026 quarter. It shows no deviation from IPO objects, but notes utilisation is delayed.
H1 FY27 revenue ₹204.54 Cr (+77.5% YoY), PAT ₹11.99 Cr (+103.9%), EBITDA margin 8.3%. Strategy centres on backward integration, Jhajjar capacity expansion and solar/lithium product push.
Smarten Power Systems reported H1 FY27 consolidated revenue of ₹204.54 crore, up 77% YoY. Consolidated PAT more than doubled to ₹11.99 crore, up 104% year-on-year.
Smarten Power Systems Ltd reported revenue from operations of ₹204.5 Cr (+77.4% YoY) and net profit of ₹12 Cr (+103.4% YoY) for H1 FY27.
Smarten Power Systems will hold a board meeting on 2 November 2026 to consider unaudited half-yearly financial results. The trading window is closed from 1 to 4 October 2026.
Smarten Power Systems sold 1.07 lakh units in Q2 FY27, added 22 distributors, and launched 7 new products. Production recorded 47,919 units for the quarter.
Smarten Power Systems Limited shareholders approved the appointment of M/s CSA & Associates as Secretarial Auditors. The firm will serve a five-year term until the 17th AGM.
Smarten Power Systems held its 12th Annual General Meeting on September 24, 2026. The meeting covered agenda items including the adoption of financial statements and director appointments.
Smarten Power Systems unveiled 7 new solar and power-backup products at REV Expo Lucknow 2026. The launch spans hybrid, on-grid and UPS applications for residential and commercial use.
Smarten Power Systems Limited has appointed Adfactors PR Private Limited as its Investor Relations agency. The appointment for advisory services is effective from September 03, 2026.
Smarten Power Systems Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 in compliance with SEBI listing regulations.
Smarten Power Systems Limited has submitted the notice for its 12th Annual General Meeting scheduled for September 24, 2026, along with the Annual Report for FY 2025-26.
Smarten Power Systems Limited incorporated a new subsidiary, Hangzhou Smarten Electric Power Technology Co., Ltd., in China. The company invested ₹0.14 Crore in this new entity.
Smarten Power Systems Limited has incorporated a wholly-owned subsidiary, Hangzhou Smarten Electric Power Technology Co., Ltd., in China to expand its technology and automation business.
Smarten Power Systems reported Q1 FY27 business updates, including sales of 1.18 lakh units, a new 5,200 sq. ft. warehouse in Gurugram, and 32 new distributors added.
Smarten Power Systems appointed Mr. Ranjit Singh as Chief Operating Officer effective August 01, 2026. The board also approved auditors and scheduled the 12th AGM.
Smarten Power Systems confirmed non-applicability of the Annual Secretarial Compliance Report for FY 2026. As an SME-listed entity, the company is exempt from Regulation 24A requirements.
Smarten Power Systems launched its new 'Helix 1100-1250' MPPT Solar PCU series starting at ₹5,350. The 12V architecture products aim to accelerate residential solar energy adoption.
Smarten Power Systems Limited filed its annual SDD compliance certificate for financial year 2026. The auditor confirmed database maintenance despite minor technical timeline delays.
Smarten Power Systems Limited rescheduled its H2/FY’26 Earnings Conference Call until further notice due to unavoidable circumstances. A revised schedule will be communicated separately in due course.
Smarten Power Systems Limited submitted its half-yearly Monitoring Agency Report for the period ended March 31, 2026. Prepared by Acuité Ratings, the report confirms that ₹38.99 Crore of the ₹40.01 Crore IPO proceeds have been utilized, with no deviations observed. A slight delay was noted in implementing capital expenditure requirements.
Smarten Power Systems Limited reported FY2026 revenue of ₹242.66 Crore, a 20.3% year-on-year growth. Profit after tax stood at ₹8.80 Crore. Despite export headwinds, the company expanded domestic operations, commissioned a new manufacturing plant, and launched in-house Li-ION battery and hybrid inverter trials, positioning for growth in FY2027.
Smarten Power Systems Limited has appointed M/s. Nitin Arora & Associates as Internal Auditors for a 12-month term, effective April 28, 2026. The appointment was approved during a board meeting on the same day. Nitin Arora & Associates is a Chartered Accountants firm providing financial and advisory services.
Smarten Power Systems Limited approved its audited financial results for the year ended March 31, 2026. The Board also appointed M/s Nitin Arora & Associates as Internal Auditors for FY 2026-27. The meeting concluded at 03:51 P.M. IST.
Smarten Power Systems Ltd reported revenue from operations of ₹127.4 Cr (+36.1% YoY) and net profit of ₹2.9 Cr (-57.4% YoY) for H2 FY26.
Smarten Power Systems Limited reported consolidated revenue of ₹242.66 Crore and a net profit of ₹8.80 Crore for the financial year ended March 31, 2026. The Board also appointed M/s Nitin Arora & Associates as Internal Auditors for FY 2026-27. These results reflect the company's audited performance and financial position for the fiscal year.
Smarten Power Systems Limited confirmed it does not meet the criteria to be classified as a 'Large Corporate' for FY 2025-26. Consequently, mandatory debt sourcing and initial disclosure requirements under SEBI's Large Corporate framework are not applicable to the company.
Smarten Power Systems Limited announced the non-applicability of Corporate Governance report filing requirements for the quarter ended March 31, 2026. As an SME-listed entity, it remains exempt from certain SEBI LODR provisions, though Regulation 23 related to related party transactions now applies due to the company exceeding specific capital and net worth thresholds.
Smarten Power Systems issued business updates for Q4 FY’26, highlighting a 65% capacity utilisation rate at its battery manufacturing plant. The company reported broad-based geographical growth, particularly in Haryana and UP. It is also transitioning to single-battery configurations to reduce costs and expanding its Lithium-Ion ecosystem through OEM white-label manufacturing partnerships.