Powerica's operating margin trails the Industrials peer median
The standalone quarter included Rs 17.65 cr of other income, while no sequential or year-on-year comparison was provided.
Filed 02 Sep 2026, 15:38 IST · after market close · Powerica Ltd (POWERICA)
Key takeaways
- Standalone operating profit of Rs 101.04 cr translated into a 13.87% operating margin in Q1FY27.
- Other income of Rs 17.65 cr was a meaningful contributor to standalone profit before tax of Rs 79.03 cr.
- The stock rose 16.44% over five sessions after the results were filed after market close.
Price around the results
Operating margin ahead of Industrials peers
Powerica's standalone operating margin of 13.87% was 2.06 percentage points above the 11.81% median for the 283 Industrials companies that had reported the quarter. The comparison places Powerica above the sector midpoint, though no year-on-year or sequential change is available for this quarter.
Other income supported standalone profit
Other income of Rs 17.65 cr made a meaningful contribution to profit before tax of Rs 79.03 cr, so reported earnings were not entirely driven by operating profit. Depreciation of Rs 38.09 cr was the main charge between operating profit of Rs 101.04 cr and profit before tax, while tax was applied at 24.14%.
Market reaction was positive after the filing
The results were filed after market close on 2 September, and the stock gained 3.72% on the first trading day after the filing. The move extended to 6.17% after one session and 16.44% after five sessions; there is no reaction-history comparison to establish whether that was usual for Powerica.
Q1FY27 at a glance
Standalone figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹728 cr |
| Other income | ₹18 cr |
| Expenses | ₹627 cr |
| Operating profit | ₹101 cr |
| Operating margin (%) | 13.87% |
| Interest | ₹2 cr |
| Depreciation | ₹38 cr |
| Profit before tax | ₹79 cr |
| Tax | ₹19 cr |
| Net profit | ₹60 cr |
| EPS (₹) | ₹4.75 |
Operating margin of 13.87% compares with a Industrials sector median of 11.81% across 283 peers that have reported Q1FY27.
How the stock reacted
| Window | Stock | vs NIFTY |
|---|---|---|
| Results day | +3.72% | +3.89% |
| Next session | +6.17% | — |
| 5 sessions | +16.44% | +18.27% |
| 15 sessions | +17.87% | — |
Volume on the results session was 0.77× its 20-day average.
What to watch
- Whether standalone operating margin remains above 13.87%.
- Whether other income remains close to or below Rs 17.65 cr.
- Whether the stock's five-session post-results move of 16.44% reverses or extends.