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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Powerica Ltd

Powerica Q2 FY27 Standalone Profit After Tax Rs. 64.49 Crores; Divests 49% Windstride Stake

RESULTS ▲ Positive Development MEDIUM RISK
📅 Filed on BSE: 05 Nov 2026, 10:23 PM IST  ·  BSE ID: 5c179b62-07fc-4557-862f-1b0316e21f24
View Original BSE Filing (PDF)
💡
In Simple Terms
Powerica reported higher quarterly profits and sold nearly half of its subsidiary Windstride to GE Renewable, while still retaining majority ownership.
🤖 AI Summary
  • Standalone Profit After Tax for Q2 FY27 was Rs. 64.49 Crores, an increase from Rs. 36.31 Crores in Q2 FY26.
  • Revenue from Operations reached Rs. 764.99 Crores for Q2 FY27, up from Rs. 664.65 Crores in Q2 FY26.
  • Powerica Ltd sold 1,22,500 equity shares (49% stake) of Windstride Power Private Limited to GE Renewable R&D India Private Limited.
  • Windstride Power Private Limited will continue as a subsidiary, with Powerica retaining a 51% equity share.
  • The Board approved a postal ballot notice for shareholder approval to grant a loan to Windstride Power Private Limited.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Revenue from Operations (Q2 FY27)
Rs. 764.99 Crores
15.09%
Profit After Tax (Q2 FY27)
Rs. 64.49 Crores
77.60%
Revenue from Operations (H1 FY27)
Rs. 1,493.26 Crores
21.74%
Profit After Tax (H1 FY27)
Rs. 124.44 Crores
59.54%
Basic & Diluted EPS (Q2 FY27)
Rs. 5.06
54.74%
Windstride Stake Sold
49%
Windstride Shares Sold
1,22,500 equity shares
🏢 How This Affects the Company
📈
Business Impact
The partial divestment of Windstride Power Private Limited to GE Renewable R&D India Private Limited indicates a strategic partnership or partial exit, potentially enhancing Windstride's development or market reach with a global player.
💰
Financial Impact
Standalone Profit After Tax increased to Rs. 64.49 Crores in Q2 FY27 from Rs. 36.31 Crores in Q2 FY26. Half-year Profit After Tax also grew to Rs. 124.44 Crores from Rs. 78.00 Crores in H1 FY26. The postal ballot for granting a loan to Windstride may impact future cash flow.
⚙️
Operational Impact
Windstride Power Private Limited will cease to be a wholly-owned subsidiary but will remain a subsidiary. This change in ownership structure may influence operational collaboration or independent strategic direction.
⚠️
Risk Impact
The company's auditor noted that Q2 FY26 and H1 FY26 financial results were not subjected to review, as the requirement became applicable from Q3 FY26, impacting comparability for review purposes.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are required to review and vote on the postal ballot notice for granting a loan to Windstride Power Private Limited, once circulated.
👤
Who Is Affected
All shareholders are affected by the financial results and the strategic decision regarding Windstride, which will remain a subsidiary with 51% Powerica holding.
🔍
Management Signal
Management is signalling a strategic shift in subsidiary ownership and potentially increased financial support to Windstride, subject to shareholder approval for the loan.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
Postal ballot results for loan to Windstride Power Private Limited.
Future disclosures on the operational integration or strategy with GE Renewable R&D India Private Limited.
Q3 FY27 financial results for continued revenue and profit trends.
MEDIUM RISK The prior period's financials are unaudited by review, limiting direct comparable assurance. Loan to subsidiary introduces financial exposure.
💡 Investor Takeaway
Powerica Ltd reported standalone Profit After Tax of Rs. 64.49 Crores for Q2 FY27, up from Rs. 36.31 Crores in Q2 FY26. Revenue from Operations increased to Rs. 764.99 Crores. The company divested a 49% stake in Windstride Power Private Limited to GE Renewable R&D India Private Limited, retaining 51% ownership.
⚖️ Strengths & Concerns

✅ Positives

  • Standalone Profit After Tax for Q2 FY27 increased to Rs. 64.49 Crores from Rs. 36.31 Crores in Q2 FY26, indicating profit growth.
  • Revenue from Operations for Q2 FY27 grew to Rs. 764.99 Crores from Rs. 664.65 Crores in Q2 FY26, showing revenue expansion.

⚠️ Concerns

  • The financial results for the corresponding quarter and half-year ended September 30, 2025, were not subjected to auditor review, impacting direct comparability.
  • The company plans to seek shareholder approval via postal ballot for granting a loan to its subsidiary, Windstride Power Private Limited.
📅 Company Track Record
Powerica Ltd's standalone net profit for FY26 was Rs. 201.63 Crores, representing a 42.33% YoY increase. The company's 9-month net profit in April 2026 was Rs. 232.20 Crores, up 72.59% YoY. The company was listed in April 2026, and limited review requirements for quarterly results applied from Q3 FY26.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was Powerica's standalone net profit for Q2 FY27?
Powerica Ltd reported a standalone Profit After Tax of Rs. 64.49 Crores for the quarter ended September 30, 2026 (Q2 FY27), an increase from Rs. 36.31 Crores in Q2 FY26.
What was Powerica's Revenue from Operations for Q2 FY27?
Powerica Ltd recorded Revenue from Operations of Rs. 764.99 Crores for Q2 FY27, up from Rs. 664.65 Crores in Q2 FY26.
What happened with Powerica's subsidiary Windstride Power Private Limited?
Powerica Ltd sold 1,22,500 equity shares, representing a 49% stake, of its wholly-owned subsidiary Windstride Power Private Limited to GE Renewable R&D India Private Limited. Powerica will continue to hold 51%.
Will Windstride Power Private Limited remain a subsidiary of Powerica?
Yes, Powerica Ltd will continue to hold 51% of the equity share capital in Windstride Power Private Limited, and it will remain a subsidiary.
What is the status of financial comparisons for previous periods?
The figures for Q2 FY26 and H1 FY26 have not been subjected to auditor review, as the limited review requirement became applicable from Q3 FY26.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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