POWERICA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Powerica Limited's Board of Directors meeting on May 28, 2026 approved audited financial results for Q4 and FY2026. Standalone profit after tax stood at Rs 201.63 crore on revenue of Rs 2,594.09 crore. Consolidated profit after tax was Rs 277.31 crore on revenue of Rs 3,011.52 crore. The company listed on BSE and NSE in April 2026 via an IPO raising Rs 700 crore. The Audit Committee was reconstituted with 5 members including 4 Independent Directors and 1 Whole-time Director. The Board also approved incorporation of 2 Wholly Owned Subsidiaries and appointed DMKH & Co. as Internal Auditor for FY2026-27. Statutory auditors issued unmodified opinion.
Positive financial performance validates the recent IPO listing. Clean audit opinion and committee reconstitution with majority independent directors strengthens corporate governance. Formation of new WOS subsidiaries indicates expansion plans.