Positron Energy FY26: Higher volumes lift earnings, balance sheet stays light

It operates as a pan-India natural gas reseller and aggregator, supplying Natural Gas and RLNG and providing services such as scheduling, project management consultancy, O&M, and technical advisory for gas installations.

Revenue from operations in FY26 was INR 44,215.38 lakhs (INR 442.15 crore).

H2 FY26 revenue from operations was INR 28,527.19 lakhs vs INR 15,688.20 lakhs in H1. H2 EBITDA was INR 2,111.11 lakhs vs INR 744.16 lakhs, and H2 PAT was INR 1,504.27 lakhs vs INR 500.11 lakhs.

Unexecuted order book was disclosed at INR 557.65 crore as of 31 March 2026, with Natural Gas sales forming INR 546.78 crore of this amount.

The presentation shows Products at 95.5 percent and Services at 4.5 percent for FY25-26 revenue bifurcation.

Borrowings were INR 41.63 lakhs (about INR 0.42 crore) and cash and cash equivalents were INR 8,099.82 lakhs (about INR 81.00 crore) as of 31 March 2026. Debt-to-equity ratio was stated as 0.05x.