• Order book expansion: The company's order book has reached over ₹1,500 crore following a new ₹450 crore rooftop solar order across 1 lakh households in Maharashtra. Management also expects an additional ₹500 crore in order wins from Phase 6 and Phase 7 bids under the Magel Tyala solar pump scheme.
• Revenue growth targets: GK Energy reaffirmed its FY27 revenue target of ₹3,000 crore, expecting 60% to 65% of volumes to materialize in the second half of the year. By FY30, the company targets $1 billion in revenue while expanding its customer base to over 1 million households.
• FY30 revenue mix: Under the $1 billion target for FY30, solar pumps and rooftop/C&I segments are each projected to account for 35% to 40% of revenue, with battery energy storage systems (BESS) and hybrid products contributing up to 20%.
• Margin outlook: Management guided for an EBITDA margin of around 17% and double-digit PAT margins going forward. Raw material inflation is not expected to pressure margins due to long-term contracting agreements that utilize idle domestic manufacturing capacity.