Powerica MD, chairman and AGM
NSE: POWERICABSE: 544744Electrical EquipmentSmall Cap
Share price at the NSE close on 27 Oct 2026. Previous close ₹503.40.
27 Oct: open ₹497.15, high ₹524.15, low ₹497.15
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies. Market capitalisation: how it is worked out
- ₹6,484 Cr704th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. Price to earnings, trailing: how it is worked out
- No full year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. Price to book: how it is worked out
- Shares changed
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonesince listing in Apr 2026
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- 0.28
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day. Volume in the glossary
- 1,08,04850.1% delivered
Powerica's chairperson and managing director is BHARAT OBEROI, as filed for the quarter to Sep 2026. Its latest annual general meeting was on 24 Sep 2026.
Powerica board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.
- Chairperson and managing directorBHARAT OBEROI
- Company Secretary and Compliance OfficerMs. Anita Renuse
10 directors5 independent4 executive1 non-executive
- BHARAT OBEROI · Chairperson and managing directorExecutive · joined Nov 2003 · reappointed Dec 2025 · 1 listed board · 1 committee seat
- RENU NARESH OBEROIExecutive · joined Sep 2017 · reappointed Apr 2024 · 1 listed board
- PRADEEP OMPRAKASH GUPTAExecutive · joined Sep 2016 · reappointed Apr 2024 · 1 listed board · 1 committee seat
- JAI RAM OBEROIExecutive · joined Apr 2025 · 1 listed board · 2 committee seats
- UDAYA SHANKAR JENAIndependent · joined Jun 2022 · reappointed Jun 2022 · 51 months as independent · 1 listed board · 1 as independent
- TAPAN RAYIndependent · joined Jun 2025 · reappointed Jun 2025 · 15 months as independent · 1 listed board · 1 as independent · 1 committee seat
- SOWMYA CHATURVEDIIndependent · joined Apr 2025 · reappointed Apr 2025 · 18 months as independent · 1 listed board · 1 as independent
- SUNIL GODWIN LOBOIndependent · joined Jun 2024 · reappointed Jun 2024 · 27 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- RABINDRA NATH NAYAKIndependent · joined Apr 2026 · reappointed Apr 2026 · 5 months as independent · 4 listed boards · 4 as independent · 3 committee seats, 1 as chair
- MAHESWAR SAHUNon-executive · joined Aug 2026 · 7 listed boards · 4 as independent · 1 committee seat, 4 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 7 Aug 20269 of 10 present5 independent · 70 days in between
- 28 May 20269 of 9 present5 independent · 36 days in between
- 21 Apr 20268 of 8 present4 independent
Audit Committee
Chair UDAYA SHANKAR JENA
SUNIL GODWIN LOBO, TAPAN RAY, JAI RAM OBEROI, RABINDRA NATH NAYAK
- 7 Aug 20265 of 5 present4 independent · 70 days in between
- 28 May 20264 of 4 present3 independent · 36 days in between
- 21 Apr 20264 of 4 present3 independent
Nomination and remuneration committee
Chair SUNIL GODWIN LOBO
UDAYA SHANKAR JENA, SOWMYA CHATURVEDI
- 7 Aug 20263 of 3 present3 independent · 107 days in between
- 21 Apr 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair SUNIL GODWIN LOBO
BHARAT OBEROI, JAI RAM OBEROI, PRADEEP OMPRAKASH GUPTA
No meeting listed in the filing.
Risk Management Committee
Chair BHARAT OBEROI
PRADEEP OMPRAKASH GUPTA, JAI RAM OBEROI, UDAYA SHANKAR JENA, SUNIL GODWIN LOBO
- 7 Aug 20265 of 5 present2 independent
Corporate Social Responsibility Committee
Chair BHARAT OBEROI
JAI RAM OBEROI, SUNIL GODWIN LOBO
- 7 Aug 20263 of 3 present1 independent · 70 days in between
- 28 May 20263 of 3 present1 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- Kapoor & Parekh AssociatesPeer-review certificate valid to Nov 2028
1 earlier auditor
- M/s. Kapoor & Parekh AssociatesNamed in the filing for the quarter to Mar 2026
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Powerica AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.
Annual general meeting, 24 Sep 2026
23,413 shareholders on the register on 17 Sep 2026; present: 6 promoters and 60 others; votes counted by Mr. Martinho Ferrao / M/s. Martinho Ferrao and Associates.The company's voting result
- Consideration and adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 94.16% · promoters 99.67% · institutions 95.83% · other public 0.63%
- Consideration and adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Report of the Auditors thereonOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 94.16% · promoters 99.67% · institutions 95.83% · other public 0.63%
- Re-appointment of Mr. Jai Ram Oberoi (DIN:10361810), as a Director liable to retire by rotationOrdinary98.53% for1.47% against
Against: promoters 0.00% · institutions 8.03% · other public 0.44%
Turnout: all 94.16% · promoters 99.67% · institutions 95.83% · other public 0.63%
- Ratification of remuneration payable to the Cost Auditors for the financial year 2026-27Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 94.16% · promoters 99.67% · institutions 95.83% · other public 0.63%
- Appointment of M/s. Martinho Ferrao & Associates, Practicing Company Secretaries as the Secretarial Auditors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 94.16% · promoters 99.67% · institutions 95.83% · other public 0.63%
- Appointment of Mr. Maheswar Sahu (DIN: 00034051) as Non-Executive Non-Independent Director of the CompanyOrdinary99.59% for0.41% against
Against: promoters 0.00% · institutions 2.27% · other public 0.70%
Turnout: all 94.16% · promoters 99.67% · institutions 95.83% · other public 0.63%
- Approval for payment of commission to Independent Directors of the CompanyOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 94.16% · promoters 99.67% · institutions 95.83% · other public 0.63%
- Revision in remuneration of Mr. Tushar Gupta, son of Mr. Pradeep Omprakash Gupta in Powerica Renewable Infra Private Limited (“PRIPL”), Subsidiary CompanyOrdinary99.59% for0.41% against
Against: promoters 0.00% · institutions 2.27% · other public 0.69%
Turnout: all 94.16% · promoters 99.67% · institutions 95.83% · other public 0.58%
- Re-appointment of Ms. Renu Naresh Oberoi (DIN:00114588) as Whole-time Director of the CompanySpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.90%
Turnout: all 17.24% · promoters 0.00% · institutions 95.83% · other public 0.63%
- Reappointment of Mr. Pradeep Omprakash Gupta (DIN: 00013424) as Whole-time Director of the CompanySpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.70%
Turnout: all 94.16% · promoters 99.67% · institutions 95.83% · other public 0.58%
- Re-appointment of Mr. Udaya Shankar Jena (DIN: 09613584) as an Independent Director of the Company for a term of 5 years effective June 24, 2027Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 94.16% · promoters 99.67% · institutions 95.83% · other public 0.63%
- Re-appointment of Mr. Sunil Godwin Lobo (DIN: 06477020) as an Independent Director of the Company for a term of 5 years effective June 27, 2027Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.44%
Turnout: all 94.16% · promoters 99.67% · institutions 95.83% · other public 0.63%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 10 Jun 2026, 1 resolution
14,440 shareholders on the register on 8 May 2026; votes counted by Martinho Ferrao / Martinho Ferrao & Associates.The company's voting result
- Appointment of Mr. Rabindra Nath Nayak (DIN: 02658070) as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 2.24%
Turnout: all 95.12% · promoters 99.67% · institutions 87.74% · other public 0.95%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.Funds that hold it
Mutual fund votes, meeting of 24 Sep 2026, 8 fund houses
- Consideration and adoption of the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Reports of the Board of Directors and Auditors thereon8 for0 against
- Consideration and adoption of the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 and the Report of the Auditors thereon8 for0 against
- Re-appointment of Mr. Jai Ram Oberoi (DIN:10361810), as a Director liable to retire by rotation
Against Bank of India Mutual Fund
- Bank of India Mutual FundJai Ram Oberoi, 31, is a part of the promoter group and serves as Whole-time Director. He has over three years of experience in generator set industry and is responsible for overseeing the generator set business strategy and operations, developing systems and strengthening business relations. He attended 13 out of 13 board meetings (100%) held in FY26 and he is liable to retire by rotation. While his appointment is in line with statutory requirements, we are unable to support his reappointment because at 31 years of age and with less than ten years of relevant post-qualification work experience, his appointment as Whole-time Director does not align with our voting guidelines. We do not support the resolution.
7 for1 against - Ratification of remuneration payable to the Cost Auditors for the financial year 2026-278 for0 against
- Appointment of M/s. Martinho Ferrao & Associates, Practicing Company Secretaries as the Secretarial Auditors of the Company8 for0 against
- Appointment of Mr. Maheswar Sahu (DIN: 00034051) as Non-Executive Non-Independent Director of the Company
Against Navi Mutual Fund
- Navi Mutual FundCompliant with law. No concern identified on the merits of proposed appointee. Governance concern: No cooling off period served from transition of Independent director to Non-Independent Director
7 for1 against - Approval for payment of commission to Independent Directors of the Company8 for0 against
- Revision in remuneration of Mr. Tushar Gupta, son of Mr. Pradeep Omprakash Gupta in Powerica Renewable Infra Private Limited (“PRIPL”), Subsidiary Company
Against Navi Mutual Fund
- Navi Mutual FundNon-Compliance with Companies Act, 2013: Prior approval of shareholders not obtained. Transparency concern: Inadequate disclosures regarding the appointee’s credentials (age, qualifications and experience) and the basis for determining the proposed remuneration. Consequently, the fairness of the proposed remuneration cannot be ascertained
7 for1 against - Re-appointment of Ms. Renu Naresh Oberoi (DIN:00114588) as Whole-time Director of the Company8 for0 against
- Reappointment of Mr. Pradeep Omprakash Gupta (DIN: 00013424) as Whole-time Director of the Company8 for0 against
- Re-appointment of Mr. Udaya Shankar Jena (DIN: 09613584) as an Independent Director of the Company for a term of 5 years effective June 24, 20278 for0 against
- Re-appointment of Mr. Sunil Godwin Lobo (DIN: 06477020) as an Independent Director of the Company for a term of 5 years effective June 27, 20278 for0 against
Mutual fund votes, meeting of 10 Jun 2026, 9 fund houses
- Appointment of Mr. Rabindra Nath Nayak (DIN: 02658070) as an Independent Director of the Company.9 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Tax disputes and stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake boughtWindfusion Renewable Private LimitedSince 26 Jun 2026
100.00% bought in the quarter; holding 100.00%, from 0.00%
- Unlisted stake boughtWhisperwind Renewable Private LimitedSince 27 Jun 2026
100.00% bought in the quarter; holding 100.00%, from 0.00%
- Tax disputeCentralized Processing Center, Income Tax Department, BengaluruSince 29 Jun 2026Awaiting order from Centralized Processing Center, Income Tax Department, Bengaluru
At the filing before: With respect to assessment year 2025-2026, the Company has received notice under section 154 of the Income Tax Act, 1961, amounting to Rs. 31,13,00750/- due to non consideration of advance tax, TDS and TCS paid by the Company for the above stated assessment year. The Company has filed the rectification under section 154 of the IT Act 1961.MoreLess
In the company's own words, from its latest governance filing.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- Yes
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Jun 2026.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesMar 2026, checked by Crisil Ratings Limited | 700.00 | Prepayment/repayment of certain outstanding borrowings availed by our Company, in part or full | 525.00 | 525.00 | No |
| Public IssuesMar 2026, checked by Crisil Ratings Limited | 700.00 | General corporate purposes | 136.54 | 29.31 | No |
| Public IssuesMar 2026, checked by Crisil Ratings Limited | 700.00 | Issue related expenses | 38.46 | 31.27 | No |