Kanohar Electricals Limited

NSE: KANOHAR · Heavy Electrical Equipment

—
52W Range₹685 – ₹1,208

Snapshot

Unlock Kanohar Electricals Limited's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Kanohar Electricals Limited manufactures power and specialized transformers while providing engineering, procurement, and construction (EPC) services for power transmission, railways, renewable energy, and distribution sectors. Its manufacturing portfolio includes power, traction, Scott, shunt, and distribution transformers alongside turnkey substations and transmission lines up to the 400 kV class.

Vertical mix

  • NaN%
  • NaN%

Business Model

The company generates revenue by selling a diverse range of transformers and by executing turnkey EPC installations primarily for government sector clients.

  • Government Sector Order Book Share:93.62%

Management Commentary

Recent financial performance reflects robust top-line expansion driven by strong demand across both the manufacturing and EPC segments.

Growth Outlook

Growth is underpinned by a substantial order book, robust government infrastructure spending, and expansion across power transmission and renewable energy sectors.

  • Total Order Book:18,183.23 million rupees

Key Risks

  • Concentration Risk. High dependence on government sector clients, which account for the vast majority of the company's order book.
  • Execution Risk. Delays or cost overruns in large-scale EPC turnkey projects could impact operational margins and profitability.
  • Commodity Price Volatility. Fluctuations in raw material prices such as copper, aluminium, and CRGO steel can directly affect manufacturing margins.

Start your research today

Unlock AI insights, financials, peers and live data on Kanohar Electricals Limited and 5,000+ companies — free.

Start your research

Peers · Heavy Electrical Equipment

CompanyMkt CapP/E (TTM)EV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Kanohar Electricals LimitedKANOHAR
₹7,182 Cr———28.0%———
Transformers And Rectifiers (India) Ltd.TARIL
₹8,675 Cr32.4×20.49—17.4%17.8%25.5%-42.8%
Powerica LimitedPOWERICA
₹7,224 Cr———12.0%———
Transrail Lighting Ltd.TRANSRAILL
₹6,564 Cr15.7×7.8015.3%12.6%19.5%35.4%-35.6%
Skipper LimitedSKIPPER
₹6,407 Cr27.2×11.3317.2%11.5%16.7%27.2%+2.8%
GE Power India LimitedGVPIL
₹4,614 Cr16.8×10.2242.8%31.7%60.4%67.5%+103.4%

As of Mar 2026

Financials