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Kanohar Electricals shares surge 17% after Q2 results; revenue more than doubles in H1 FY27 | Check key levels

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In short

The company's quarterly revenue from operations climbed 112.4% year-on-year to ₹208.6 crore, while profit after tax jumped 179.7% to ₹53.9 crore. Operational performance was bolstered by ₹867.3 crore in fresh orders won during the second quarter, bringing the total order book to ₹2,711.2 crore. To support ongoing momentum, management is targeting ₹950 crore in full-year FY27 revenue, backed by a brownfield expansion at its Gangol facility. Following the post-earnings stock jump, market analyst Gaurav Arora noted ₹1,100 as key support and ₹1,208 as resistance.

Key points

  • Management reaffirmed its confidence in achieving a full-year FY27 revenue target of appr…: Management reaffirmed its confidence in achieving a full-year FY27 revenue target of approximately ₹950 crore.
  • Long-term capacity is expected to expand with the planned commissioning of the Gangol fac…: Long-term capacity is expected to expand with the planned commissioning of the Gangol facility by FY29.
  • Investors should track key technical levels at ₹1,100 support and ₹1,208 resistance follo…: Investors should track key technical levels at ₹1,100 support and ₹1,208 resistance following the recent post-debut rally.

Sources checked by our analysis pipeline: 1

Kanohar Electricals shares surged over 17% on Tuesday, 3 November, after the company reported a strong set of Q2 FY27 results, with revenue and profitability registering robust year-on-year growth.

The company’s revenue from operations more than doubled, rising 112.4% year-on-year to ₹208.6 crore in Q2 FY27, compared with ₹98.2 crore in the corresponding quarter last year.

EBITDA jumped 167.2% to ₹73.1 crore from ₹27.4 crore, while the EBITDA margin expanded to 35% from 27.8% a year ago. Profit before tax (PBT) increased 178.7% to ₹72.3 crore, compared with ₹25.9 crore in Q2 FY26. Profit after tax (PAT) surged 179.7% to ₹53.9 crore from ₹19.3 crore, with the PAT margin improving to 25.8% from 19.6%.

For the first half of FY27, revenue from operations grew 108.8% year-on-year to ₹345.7 crore, compared with ₹165.6 crore in H1 FY26.

EBITDA increased 161.7% to ₹111.8 crore from ₹42.7 crore, while the EBITDA margin improved to 32.3% from 25.8%. PBT rose 162% to ₹109.1 crore, against ₹41.6 crore in the year-ago period. PAT more than doubled, increasing 164.8% to ₹81.2 crore from ₹30.7 crore.

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