Kanohar Electricals Soars 20% on Strong Q1 Earnings

Kanohar Electricals' share price soared 20% on heavy volume on Wednesday, reaching ₹1,129.35. This surge followed strong earnings for the quarter ended June 2026 (Q1FY27). The company's stock has now risen 79% since its market debut on September 16, 2026.

In Q1FY27, Kanohar Electricals reported a 140% year-on-year increase in profit after tax (PAT) to ₹27 crore. Revenue from operations grew 104% YoY to ₹137 crore, with EBITDA margins improving to 28.3%. This profitability boost was driven by increased manufacturing and a better product mix, particularly a higher contribution from 400kV transformers.

The company secured incremental orders worth ₹332.30 crore, contributing to a substantial outstanding order book of ₹2,026 crore. This order book provides visibility for the next 18-24 months. Kanohar Electricals is also developing capabilities in the 765kV transformer segment, which analysts see as a key driver for future growth and margin enhancement.