• Order book breakdown: The company holds an order book of approximately ₹5,700 crore, consisting of 49% solar, 39% power T&D, and 11% combined water and railway infrastructure.
• Solar capacity progress: Following the 100% acquisition of NOPL, 20 megawatts have been commissioned, with work finished on another 100 megawatts scheduled for commissioning declaration by late June.
• T&D execution timelines: PowerGrid's 400 kV Badla substation was delivered around three months ahead of schedule, continuing a trend of early project completions.
• Revenue and margins: Management projects an FY27 top line of ₹2,200 to ₹2,500 crore while maintaining EBITDA margins above 15%.
• Provision reversal outlook: A ₹20 crore provision taken in FY26 due to slow Jal Jeevan Mission receipts, which caused a 2% dip in PAT, will be reversed in FY27 as cash inflows have normalized.