Akanksha Power And Infrastructure Limited has filed its unaudited financial results for the half year ended September 30, 2026, following a Board of Directors meeting held on Saturday, November 14, 2026. The board meeting commenced at 12:30 PM and concluded at 1:11 PM.
The company, which provides solutions for reactive power management and advanced metering, reported steady revenue growth on both standalone and consolidated basis during H1 FY27, even as rising finance costs and a sharp jump in depreciation weighed on profitability at the net level.
Standalone Revenue and Profitability
On a standalone basis, Akanksha Power reported total revenue from operations of ₹4,285.06 lakhs for H1 FY27, compared to ₹4,053.29 lakhs in H1 FY26 — a year-on-year increase of ~5.72%. Including other income of ₹60.78 lakhs, total revenue stood at ₹4,345.84 lakhs.
Profit Before Tax (PBT) for the period came in at ₹323.33 lakhs, against ₹312.54 lakhs in H1 FY26. After accounting for tax expenses of ₹77.78 lakhs, the company posted a Profit After Tax (PAT) of ₹245.55 lakhs — up ~3.36% year-on-year from ₹237.58 lakhs.
Basic and diluted earnings per share for the standalone entity stood at ₹1.25 for H1 FY27, compared to ₹1.21 in H1 FY26. EPS figures are not annualised, as disclosed by the company.
Standalone EBITDA and Margin
EBITDA for H1 FY27 on a standalone basis is calculated as follows:
EBITDA Formula: PBT + Finance Costs + Depreciation and Amortisation
H1 FY27: ₹323.33 + ₹259.77 + ₹165.12 = ~₹748.22 lakhs (~₹7.48 crore)
H1 FY26: ₹312.54 + ₹194.45 + ₹52.86 = ~₹559.85 lakhs (~₹5.60 crore)
EBITDA Margin H1 FY27: ~₹748.22 / ₹4,345.84 = ~17.22%
EBITDA Margin H1 FY26: ~₹559.85 / ₹4,115.37 = ~13.60%
EBITDA expanded meaningfully year-on-year, rising from ~₹5.60 crore to ~₹7.48 crore. The improvement in EBITDA margin from ~13.60% to ~17.22% reflects better operating leverage, though the benefit was partially offset at the net level by higher finance costs and significantly higher depreciation charges.
Rising Finance Costs and Depreciation
Finance costs on a standalone basis increased sharply to ₹259.77 lakhs in H1 FY27 from ₹194.45 lakhs in H1 FY26 — a rise of ~33.60% year-on-year. Depreciation and amortisation expenses jumped to ₹165.12 lakhs from ₹52.86 lakhs in H1 FY26, an increase of ~212.38%, indicating significant additions to fixed assets during the intervening period.
The sharp increase in depreciation aligns with the standalone balance sheet, where total assets grew to ₹15,729.20 lakhs as of September 30, 2026, from ₹14,052.79 lakhs as of March 31, 2026. Capital work-in-progress stood at ₹615.03 lakhs, reflecting ongoing investment activity.
Standalone Balance Sheet Highlights
Shareholders' funds on a standalone basis stood at ₹7,780.52 lakhs as of September 30, 2026, against ₹7,173.20 lakhs as of March 31, 2026. Long-term borrowings increased to ₹1,316.12 lakhs from ₹910.43 lakhs, while short-term borrowings remained at ₹4,126.04 lakhs.
Trade receivables grew to ₹2,896.47 lakhs from ₹2,234.44 lakhs, indicating continued business growth but also a build-up in debtor days. Inventories rose to ₹1,955.94 lakhs from ₹1,701.69 lakhs. Cash and cash equivalents on a standalone basis stood at ₹89.49 lakhs as of September 30, 2026, compared to ₹43.12 lakhs at the start of the year.
H1 FY26 vs H1 FY27 Standalone Comparison
Revenue from Operations: ₹4,053.29 lakhs (H1 FY26) → ₹4,285.06 lakhs (H1 FY27) | Change: ~+5.72%
Total Revenue (incl. Other Income): ₹4,115.37 lakhs → ₹4,345.84 lakhs | Change: ~+5.60%
Finance Costs: ₹194.45 lakhs → ₹259.77 lakhs | Change: ~+33.60%
Depreciation: ₹52.86 lakhs → ₹165.12 lakhs | Change: ~+212.42%
PBT: ₹312.54 lakhs → ₹323.33 lakhs | Change: ~+3.45%
PAT: ₹237.58 lakhs → ₹245.55 lakhs | Change: ~+3.35%
EBITDA: ~₹559.85 lakhs → ~₹748.22 lakhs | Change: ~+33.65%
EBITDA Margin: ~13.60% → ~17.22%
Basic EPS: ₹1.21 → ₹1.25
Consolidated Results
On a consolidated basis, which includes subsidiary Famous Power Limited (CIN: U35100OD2024PLC045878), total revenue from operations stood at ₹4,593.36 lakhs for H1 FY27, against ₹4,379.58 lakhs in H1 FY26 — a year-on-year growth of ~4.88%. Total consolidated revenue including other income was ₹4,655.99 lakhs.
Consolidated PBT stood at ₹347.99 lakhs for H1 FY27, against ₹313.38 lakhs in H1 FY26 (after prior period adjustments). After total tax expense of ₹83.95 lakhs, consolidated PAT attributable to owners of the Group was ₹261.64 lakhs, with minority interest contributing ₹2.40 lakhs, bringing total group PAT to ₹264.04 lakhs.
Consolidated basic and diluted EPS stood at ₹1.33 for H1 FY27, compared to ₹1.23 in H1 FY26.
Consolidated EBITDA
EBITDA Formula: PBT + Finance Costs + Depreciation and Amortisation
Consolidated H1 FY27: ₹347.99 + ₹260.47 + ₹166.79 = ~₹775.25 lakhs (~₹7.75 crore)
Consolidated H1 FY26: ₹316.75 + ₹195.05 + ₹54.37 = ~₹566.17 lakhs (~₹5.66 crore)
EBITDA Margin H1 FY27: ~₹775.25 / ₹4,655.99 = ~16.65%
EBITDA Margin H1 FY26: ~₹566.17 / ₹4,445.56 = ~12.74%
H1 FY26 vs H1 FY27 Consolidated Comparison
Revenue from Operations: ₹4,379.58 lakhs (H1 FY26) → ₹4,593.36 lakhs (H1 FY27) | Change: ~+4.88%
Total Revenue (incl. Other Income): ₹4,445.56 lakhs → ₹4,655.99 lakhs | Change: ~+4.74%
Finance Costs: ₹195.05 lakhs → ₹260.47 lakhs | Change: ~+33.55%
Depreciation: ₹54.37 lakhs → ₹166.79 lakhs | Change: ~+206.77%
PBT: ₹313.38 lakhs → ₹347.99 lakhs | Change: ~+11.05%
PAT (Owners' Group): ₹240.12 lakhs → ₹261.64 lakhs | Change: ~+8.96%
Total Group PAT: ₹240.79 lakhs → ₹264.04 lakhs | Change: ~+9.65%
EBITDA: ~₹566.17 lakhs → ~₹775.25 lakhs | Change: ~+36.94%
EBITDA Margin: ~12.74% → ~16.65%
Basic EPS: ₹1.23 → ₹1.33
Consolidated Balance Sheet Highlights
Consolidated total assets stood at ₹15,815.67 lakhs as of September 30, 2026, against ₹14,126.12 lakhs as of March 31, 2026. Shareholders' funds (consolidated) grew to ₹7,792.37 lakhs, while minority interest stood at ₹21.67 lakhs.
Long-term borrowings on a consolidated basis rose to ₹1,329.17 lakhs from ₹923.48 lakhs, consistent with the standalone position. Trade receivables stood at ₹3,095.78 lakhs, while cash and cash equivalents were ₹140.20 lakhs as of September 30, 2026.
Cash Flow Summary
On a standalone basis, net cash from operating activities was negative at ₹(815.78) lakhs for H1 FY27, primarily due to an increase in trade receivables of ₹662.03 lakhs, higher inventories, and elevated short-term loans and advances. Financing activities generated ₹905.78 lakhs, largely from increased short-term borrowings of ₹740.72 lakhs and long-term borrowing additions. The net increase in cash and cash equivalents stood at ₹46.37 lakhs, bringing the closing cash balance to ₹89.49 lakhs.
On a consolidated basis, net cash from operations was ₹(887.18) lakhs, again reflecting working capital absorption. Financing activities provided ₹890.60 lakhs, resulting in a marginal net decrease in cash and cash equivalents of ₹(43.73) lakhs. Closing consolidated cash stood at ₹140.21 lakhs.
Company Profile and Operations
Akanksha Power And Infrastructure Limited is engaged in providing solutions for reactive power management and advanced metering, addressing aggregated technical and commercial losses of electrical networks. The company specialises in smart electric meters, water meters, components for power quality solutions, and related data management systems.
The company is an MSME-registered entity (UDYAM-MH-23-0014661) headquartered at Nashik, Maharashtra, with branch offices in Bhubaneswar, Odisha, and Balasore, Odisha. It is ISO 9001:2015 certified by TÜV India. The company operates in a single segment as per AS 17 on Segment Reporting.
The financial results for H1 FY27 have been reviewed by Kayde & Associates, Chartered Accountants (FRN: 121092W), Nashik. The reviewing partner is CA Sandip S Jadhav, Proprietor, Membership No: 146137. Results were approved by the Board on November 14, 2026.
Key Financial Ratios at a Glance
| Metric | H1 FY27 Standalone | H1 FY26 Standalone | H1 FY27 Consolidated | H1 FY26 Consolidated |
|---|---|---|---|---|
| Revenue from Operations (₹ Lakh) | 4,285.06 | 4,053.29 | 4,593.36 | 4,379.58 |
| PBT (₹ Lakh) | 323.33 | 312.54 | 347.99 | 313.38 |
| PAT (₹ Lakh) | 245.55 | 237.58 | 264.04 | 240.79 |
| EBITDA (₹ Lakh) | ~748.22 | ~559.85 | ~775.25 | ~566.17 |
| EBITDA Margin | ~17.22% | ~13.60% | ~16.65% | ~12.74% |
| Basic EPS (₹) | 1.25 | 1.21 | 1.33 | 1.23 |
| Total Assets (₹ Lakh) | 15,729.20 | — | 15,815.67 | — |
The results have been prepared under Accounting Standard 25 on Interim Financial Reporting, as prescribed under Section 133 of the Companies Act, 2013. The company has stated there were no material changes from the end of the review period till the date of the report. Figures for previous periods have been regrouped and reclassified wherever necessary to conform to the current period's presentation.