Om Power Transmission Ltd

Om Power Transmission Limited (OMPOWER) reported strong financial performance in Q2 and H1FY27, with revenue growing 56% YoY to ₹12,829 lakhs in Q2FY27 and 46% YoY to ₹24,993 lakhs in H1FY27. EBITDA surged 111% YoY to ₹1,956 lakhs in Q2FY27 and 61% YoY to ₹3,434 lakhs in H1FY27, while PAT rose 117% YoY to ₹1,385 lakhs and 65% YoY to ₹2,437 lakhs. EBITDA margin improved to 15.2% in Q2FY27, driven by project mix and business segment dynamics. The company highlighted healthy order intake, including wins from PGVCL, GETCO, and NTPC, with a closing order book of ₹56,599 lakhs as of September 30, 2026, and additional ₹27,321 lakhs in October 2026. Management emphasized confidence in sustaining growth momentum for FY27 and beyond, focusing on expanding into 765 kV and HVDC projects, deepening private-sector engagement, and executing complex projects to solidify its position as a leading power EPC company. The company’s financials show a 55% CAGR in revenue, 69% CAGR in EBITDA, and 86% CAGR in PAT from FY23 to FY26, with a strong balance sheet, ROE of 38%, and a CRISIL rating of BBB+/A2. The order book has tripled in three years, with a book-to-bill ratio of 1.39x in FY26 and a bid win rate of 39%.

The document emphasizes strong revenue and profit growth, expanding order book, and strategic expansion into higher-value projects, reflecting a positive outlook.