Laser Power and Infra Q1 FY27: A listed start, steadier margins, and an order book that sets the base

Standalone revenue from operations was INR 5,215 million, EBITDA was INR 659 million (12.6% margin), and PAT was INR 211 million (4.1% margin).

Management stated an order book of INR 27,884 million, comprising INR 14,327 million for Manufacturing and INR 13,557 million for EPC.

In FY26, the presentation showed Manufacturing revenue of INR 16,910 million (72.7%) and EPC revenue of INR 6,351 million (27.3%).

CFO said the company repaid about INR 490 crore of debt and estimated annualized interest savings of about INR 40 crore at the PBT level, with benefits accruing progressively after repayment in Q2 FY27.

The company is a licensed partner for TS Conductor Corp to manufacture advanced AECC and related HTLS conductors in India. Management said this targets reconductoring and uprating demand driven by right-of-way constraints and rising transmission needs.

CFO said early-stage EPC projects required mobilization and procurement ahead of billing and collection, raising working capital temporarily. Management expects moderation as projects reach installation, certification, billing, and collection milestones.