Chamunda Electrical Ltd Q4 FY25 Results & Concall Highlights: Revenue, Margins & Order Book
Published 6 Aug 2026 | Commercial Services & Supplies | Market Cap: ₹47 Cr
Revenue is expected to grow from INR25 crores in FY 2025 to approximately INR31-33 crores in FY 2026, and further to around INR35.5-38 crores by FY 2027. Revenue targets: INR31-33 crores in FY '26, INR35.5-38 crores in FY '27.
From Chamunda Electrical Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.
Price
₹44
Market Cap
₹47 Cr
P/E Ratio
13.4
Revenue Rank
Margin Rank
How does Chamunda Electrical Ltd rank in Commercial Services & Supplies?
Compare Chamunda Electrical Ltd against every Commercial Services & Supplies company this quarter on revenue, margins and earnings-call signals.
📊 Revenue & Sales Performance
Rank 2- →Revenue is expected to grow from INR25 crores in FY 2025 to approximately INR31-33 crores in FY 2026, and further to around INR35.5-38 crores by FY 2027.
- →The company plans a 20% growth in Operation & Maintenance (O&M) vertical and a 25%-30% growth in testing services.
- →Solar division capacity is expected to increase from 1.7 MW to 4 MW by March 2026, with revenue from solar projected to rise from INR72 lakhs in FY 2025 to about INR1 crore in FY 2026, and significantly higher in FY 2027.
- →Order book execution of INR64 crores is spread over three years: ~INR20 crores in the first year, INR24 crores in the second, and the remainder in the third year.
- →The company expects steady EBITDA margins around 25%, supporting sustained revenue growth.
📈 Profitability & Margins
Rank 3- →Revenue targets: INR31-33 crores in FY '26, INR35.5-38 crores in FY '27.
- →EBITDA margin expected to sustain around 25%; historical margin rose from ~4% in 2022 to 23-25% recently.
- →PAT margin consistent at 12-13%, expected slight growth; FY '25 PAT margin ~13.27%, with 13.5% margin growth expected for FY '26.
- →O&M business projected to grow ~20%; testing vertical growth at 25-30%.
- →Solar capacity planned expansion from 1.7 MW to 4 MW by FY '26-27; revenue from solar expected around INR1 crore by FY '26.
- →Order book execution spread over 3 years, incremental revenue phased accordingly.
- →Sustainability of margins supported by major employee cost control and operational efficiencies.
- →Earnings growth driven by expansion into NABL certification and increased solar project capacity.
🏗️ Capital Expenditure Plans
Yes- →Capex is planned across three verticals: O&M (Operation & Maintenance), testing with NABL certification, and solar power expansion.
- →Solar capacity is planned to increase from current 1.7 megawatts to 4 megawatts by March 2026-27.
- →Estimated capex for solar expansion is approximately INR 12-15 crores to be utilized equally across FY 2025-26 and FY 2026-27.
- →Investment in new testing equipment from Germany to enhance the testing division; orders placed but expected delivery after ~15-20 days.
- →Capex will also support expansion related to NABL certification, enabling reach beyond India.
- →Additional investments for substation commissioning projects and related kits and machinery, partially funded by IPO proceeds.
- →Currently debt-free after IPO fund utilization for debt repayment and working capital; no immediate plans for raising debt but considering future options for solar expansion.
💰 Fundraising & Capital Structure
Yes- →Currently, Chamunda Electrical Limited is a debt-free company after successfully repaying all debts using IPO proceeds.
- →The company utilized IPO funds for debt repayment, working capital, and pending machinery purchases.
- →There is no immediate plan for new debt or equity fundraising.
- →However, expansion plans, particularly in solar capacity growth to 4 megawatts, may require additional fundraising in the future.
- →Management mentioned the possibility of future fundraising if expansions evolve but has not synchronized or finalized plans yet.
- →Overall, future fundraising is under consideration but not actively planned or committed at this time.
📋 Order Book & Pipeline
Yes- →Current order book is INR 64 crores (as of June 2025).
- →Recent order of INR 30 crores received from GETCO in February 2025.
- →Order execution timeline: INR 20 crores expected in year one, INR 24 crores in year two, remaining in year three.
- →Company is at peak capacity with 118 substations currently under O&M contracts.
- →O&M contracts are typically 3 years minimum, extendable up to 5 years.
- →The company operates mainly in Gujarat with some testing services across India.
- →Competes with Siemens and Kintec as top players in this segment.
- →Plans to expand solar capacity, which will add to future order book and revenue streams.
Key Metrics
Revenue
Margin
Capex
Fundraise
Order Book
Frequently Asked Questions
What were Chamunda Electrical Ltd Q4 FY25 results?
Revenue is expected to grow from INR25 crores in FY 2025 to approximately INR31-33 crores in FY 2026, and further to around INR35.5-38 crores by FY 2027. Revenue targets: INR31-33 crores in FY '26, INR35.5-38 crores in FY '27.
What is Chamunda Electrical Ltd share price analysis?
Chamunda Electrical Ltd currently shows a moderate growth signal based on ranking data. The stock trades at a P/E of 13.4 with a market cap of ₹47 Cr. Investors should review the full earnings analysis for detailed insights.
Is Chamunda Electrical Ltd planning capital expenditure?
Capex is planned across three verticals: O&M (Operation & Maintenance), testing with NABL certification, and solar power expansion.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.