NSE: LASERPOWER · BSE: 544822
LASER POWER & INFRA LTD
Manufactures power transmission conductors and cables, and executes turnkey transmission projects for utilities. The manufacturing segment makes HTLS (High Temperature Low Sag) and AECC conductors along with HT cables, running an installed capacity of 85,000 MT at roughly 62% utilisation. Manufacturing generated ₹382.4 cr in Q1 FY27 (63.6% of segment revenue) with a 10.4% EBIT margin, while EPC generated ₹218.81 cr (36.4% share) with a 12.6% EBIT margin. Through a partnership with US-based TS Conductors, the company positioned itself as a first-mover in advanced AECC HTLS conductor technology in India and secured a first commercial Letter of Intent worth about ₹4.15 crore from Himachal Pradesh State Electricity Board. The order book stands at ₹2,788 cr (₹1,433 cr manufacturing, ₹1,356 cr EPC) and ₹1,250 cr of bids have been submitted against ₹3,500 cr of HTLS tenders floated over the last year. AR · MarketPing reader · 2026-09-16
Revenue streams, as the annual report describes them. Manufacturing (64%), EPC (36%), Others (0%). Asset-heavy manufacturer and EPC contractor in power T&D, with HTLS/AECC conductor premiumisation tilt
Exhibit 1: Financial summary, – (all audited; no estimate years)
| ₹ crore · consolidated |
|---|
| Revenue |
| EBITDA (ex other income) |
| margin % |
| Owners' profit |
| EPS, as reported (₹) |
| ROE % · ROCE % |
| Debt / equity (x) |
| Cash from operations |
| Capex |
Exhibit 2: Quarterly performance, last 1 quarters
| ₹ crore | Q1 FY27 |
|---|---|
| Revenue | 522 |
| Profit before tax | 28 |
| Net profit | 21 |
| EPS (₹) | 1.80 |
Exhibit 3: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 7 Oct 2026 · Quarterly compliance certificate from registrar for Sep 2026 | compliance | minimal | — | — |
| 5 Oct 2026 · Laser Power wins Rs 72.76 cr HTLS order from POWERGRID | business updates | high | — | — |
| 1 Oct 2026 · POWERGRID awards contracts worth 72.77 cr for HTLS conductors | business updates | high | — | — |
| 29 Sept 2026 · Laser Power & Infra bags 44 crore EPC order from CESC | business updates | high | — | — |
| 29 Sept 2026 · Laser Power & Infra gets Rs 44 Crore EPC LoI from CESC Limited | business updates | high | — | — |
| 28 Sept 2026 · Reclassification application from Promoter Group to Public category | ownership changes | high | — | — |
| 28 Sept 2026 · Trading window closed from Oct 15 ahead of Q2 results | compliance | minimal | — | — |
| 24 Sept 2026 · WBIDC allots 40 acres in Kharagpur for new power cables plant | capex operations | high | — | — |
| 23 Sept 2026 · Board approves promoter group reclassification, accepts Company Secretary resignation | ownership changes | medium | — | — |
| 23 Sept 2026 · Board approves promoter group reclassification; CS resigns | ownership changes | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.