Kanohar Electricals Limited (KANOHAR)
Snapshot
Price
- Market Cap
- ₹7,847 Cr
Financials
Q2 FY27 results are in: the Financials tab has the new figures.
OwnershipSep 2026
- Promoters
- 74.65%
- FIIs
- 2.20%
- DIIs
- 15.78%
Shareholding for the quarter ended September 2026; changes in percentage points.
Exchange activity2 Nov 2026
- Delivery
- 19.71% vs 15.32% average
- Volume vs its average
- 0.3×
- Bulk & block deals
- 76 in 60 days
- Price band
- 1 band close in ~20 sessions
Events
- Latest results
- Q2 FY27, filed 2 Nov 2026
- Board meeting filing
- 2 Nov 2026
Exchange data. Each figure as its own page shows it; the dates are the data's. Information only, not investment advice.
📈 Share price & events
Q2 FY27 results
Kanohar Electricals Limited reported Q2 FY27 results on 2 Nov 2026: revenue ₹209 Cr, and net profit ₹53.9 Cr; the operating margin was 35.0%.
| Q2 FY27 (₹ Cr) | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹209 | — | +52.2% |
| Operating profit | ₹73.1 | — | +88.5% |
| Net profit | ₹53.9 | — | +97.0% |
| EPS (₹) | 7.14 | — | +94.6% |
| Operating margin | 35.0% | — | — |
Quality of profit: of pre-tax profit of ₹72.3 Cr, ₹69.7 Cr (96%) came from the core business and the rest from other income and one-off items.
KANOHAR delivery percentage and bulk deals
NSE end-of-day data for
On Mon, 2 Nov 2026, 19.71% of the KANOHAR shares traded on NSE were taken to delivery, against the stock's own 20-session average of 15.32%. That is close to its usual level. Volume was 0.3 times its average, well below normal. It closed at a price band (circuit) on 1 session in about the last 20. 76 bulk or block deals were reported in KANOHAR in the last 60 days: ₹2,199 Cr bought and ₹2,140 Cr sold.
Delivery in the last 5 sessions: 18.8% · 14.9% · 20.1% · 27.0% · 19.7%
| Date | Side | Counterparty | Value | Price | Quantity | Type |
|---|---|---|---|---|---|---|
| 23 Oct | Sell | Sspl Securities Private Limited | ₹41.18 Cr | ₹915.02 | 450,000 | Bulk |
| 23 Oct | Buy | Sspl Securities Private Limited | ₹4.66 Cr | ₹932.79 | 50,000 | Bulk |
| 12 Oct | Sell | Qe Securities Llp | ₹58.78 Cr | ₹1,156.42 | 508,270 | Bulk |
| 12 Oct | Buy | Qe Securities Llp | ₹58.70 Cr | ₹1,153.87 | 508,709 | Bulk |
| 12 Oct | Buy | Hrti Private Limited | ₹53.92 Cr | ₹1,148.60 | 469,434 | Bulk |
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Kanohar Electricals reported strong Q2FY27 financial results with standalone revenue from operations growing 112.4% YoY to ₹208.6 crore. EBITDA increased 167.2% YoY to ₹73.1 crore, expanding margins to 35.0% compared to 27.8% in Q2FY26, while PAT jumped 179.7% YoY to ₹53.9 crore. During the quarter, the company secured new orders worth ~₹867.3 crore, driving its executable order book to ₹2,711.2 crore (executable over 24-30 months). Management reiterated its FY27 revenue guidance of ~₹950 crore.
- Q2FY27 revenue from operations surged 112.4% YoY to ₹208.6 crore; H1FY27 revenue reached ₹345.7 crore (up 108.8% YoY)
- Q2FY27 PAT grew 179.7% YoY to ₹53.9 crore with a PAT margin of 25.8%
- Secured fresh orders worth ~₹867.3 crore during Q2, expanding total order book to ₹2,711.2 crore
- Products of 220 kV and 400 kV comprised ~78% of H1FY27 revenue vs ~53% in H1FY26, supporting margin expansion
- Management guided for FY27 revenue of ~₹950 crore with EBITDA margins similar to FY26
Kanohar Electricals Limited's Board of Directors approved the unaudited standalone financial results for the quarter and half-year ended September 30, 2026. Statutory auditors S S Kothari Mehta & Company issued an unmodified Limited Review Report. The joint operation, Kanohar-BCPL JV, contributed total assets of Rs. 1479.94 Lakhs as of September 30, 2026, with zero revenue and profit reported for the period. Comparative figures for Q2 FY26 were not subjected to limited review as listing requirements became applicable starting June 30, 2026, following the company's equity listing in September 2026.
- Board approved unaudited standalone financial results for Q2 and H1 ended September 30, 2026
- Statutory auditor issued an unmodified limited review report with no qualifications
- Joint operation Kanohar-BCPL JV holds total assets of Rs. 1479.94 Lakhs with Nil revenue and profit for the period
- Corresponding Q2 FY26 figures were not reviewed due to listing becoming effective in September 2026
Kanohar Electricals has released the transcript for its maiden earnings conference call held on October 7, 2026. Management highlighted an evolving product mix, with 400 kV transformers rising from 10.3% of revenue in FY24 to 52% in FY26, and reaching ~70% in Q1 FY27. The company operates two Meerut facilities with a combined capacity of 19,200 MVA, with the transformer business contributing around 85% and EPC contributing 15% of revenue as of FY26. Management also noted indigenous readiness for 765 kV transformer prototypes and a planned FY29 expansion suitable for 765 kV systems.
- 400 kV transformers contributed ~70% of revenue in Q1 FY27, up from 52% in FY26 and 10.3% in FY24
- Combined manufacturing capacity stands at approximately 19,200 MVA across Rithani and Gangol (18,000 MVA) facilities
- Transformer division contributes ~85% of total revenues, while EPC business accounts for ~15% as of FY26
- Utilizing IPO proceeds towards setting up an in-house solar power plant of ~2,500 kW capacity
- Company possesses in-house indigenous technology ready to develop 765 kV transformer prototypes
Kanohar Electricals Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 30, 2026. The certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the company's Registrar and Share Transfer Agent. The RTA confirmed that securities received for dematerialisation were processed, confirmed or rejected, and mutilated within prescribed timelines. This is a standard procedural compliance filing with no impact on operations or financials.
- Compliance certificate submitted under Regulation 74(5) of SEBI Regulations, 2018
- Applies to the quarter ended September 30, 2026
- Issued by RTA MUFG Intime India Private Limited dated October 3, 2026
- Company filing submitted to NSE and BSE on October 12, 2026
Kanohar Electricals reported strong Q1 FY27 results with revenue from operations surging 103.5% YoY to ₹137 crore, compared to ₹67 crore in Q1 FY26. EBITDA grew 152.2% YoY to ₹39 crore with margins expanding 550 bps to 28.3%, while Profit After Tax surged 140% YoY to ₹27 crore. The company added fresh orders worth ~₹332.3 crore in the quarter, bringing its closing order book to ₹2,026 crore executable over 18-24 months. Management targeted FY27 full-year revenue of ₹950 crore with stable EBITDA margins similar to FY26 (27.6%).
- Revenue grew 103.5% YoY to ₹137 crore; PAT rose 140% YoY to ₹27 crore in Q1 FY27
- EBITDA increased 152.2% YoY to ₹39 crore, expanding EBITDA margin from 22.8% to 28.3%
- Added incremental orders worth ~₹332.3 crore, expanding total order book to ₹2,026 crore (18-24 month execution)
- Higher-margin 400 kV transformer segment contributed 70.2% of transformers voltage mix versus 52.2% in FY26
- FY27 full-year revenue guidance set at ₹950 crore
Kanohar Electricals Limited concluded its Board of Directors meeting on October 6, 2026. The Board approved the Unaudited Financial Results along with the Limited Review Report for the quarter ended June 30, 2026. Additionally, the Board adopted a revised Policy for Determination of Materiality of Events or Information, replacing the previous policy dated January 10, 2026. The specific revenue and profit figures were not detailed in the cover letter text.
- Board approved Unaudited Financial Results for the quarter ended June 30, 2026
- Revised Policy for Determination of Materiality adopted effective October 6, 2026
- New materiality policy supersedes the previous policy from January 10, 2026
- Board meeting commenced at 04:45 PM IST and concluded at 05:05 PM IST
Kanohar Electricals Limited has received a Notification of Award (NOA) from a domestic Central Public Sector Undertaking. The contract entails manufacturing 400kV power transformers along with associated services. The order is categorized as a 'Large Order', which corresponds to INR 250 crores and above according to the company's internal disclosure classification. The execution timeline for the order is specified as 24 months.
- Order size categorized as 'Large Order', defined by the company as INR 250 crores and above
- Scope of work involves manufacturing 400kV power transformers along with associated services
- Awarded by a domestic Central Public Sector Undertaking (CPSU)
- Execution timeline set for 24 months
Kanohar Electricals Limited submitted an intimation under Regulation 6(1) of SEBI LODR Regulations, 2015. The company stated that Ms. Neha, who was appointed as Company Secretary on August 14, 2025, continues to serve as the Compliance Officer of the company. This is a procedural confirmation with no financial or operational impact.
- Regulation 6(1) intimation filed on September 16, 2026
- Ms. Neha originally appointed as Company Secretary on August 14, 2025
- Confirmation that she continues as Compliance Officer under SEBI LODR Regulations
- Membership number cited as A29167
Kanohar Electricals Limited has submitted an intimation under Regulation 6(1) of SEBI LODR Regulations regarding its secretarial compliance post. The company clarified that Ms. Neha, who was appointed as Company Secretary on August 14, 2025, continues to serve as the Compliance Officer of the company. The filing serves as a routine administrative confirmation for stock exchange records.
- Clarified continuity of Ms. Neha as Compliance Officer under Regulation 6(1)
- Ms. Neha was originally appointed as Company Secretary on August 14, 2025
- Filing submitted on September 16, 2026, bearing ICSI Membership No. A29167
Kanohar Electricals Limited has announced the closure of its trading window effective September 16, 2026, pursuant to SEBI Insider Trading Regulations. The closure applies to all designated persons, their immediate relatives, and insiders. The window will reopen 48 hours after the declaration of financial results for the quarter ended June 30, 2026.
- Trading window closed effective September 16, 2026
- Closure is in relation to financial results for the quarter ended June 30, 2026
- Window to reopen 48 hours following the announcement of financial results
Company profile
Financial Performance
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External Factors
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