What we do Powerica Ltd is a leading Indian power solutions provider specializing in diesel generator sets and wind power projects, with manufacturing and EPC capabilities. |
Founded in 1,984 |
Market share One of three OEMs for Cummins India in diesel gensets; strong presence in wind IPP and EPC markets. |
Problem solved Provides reliable power backup and renewable wind energy solutions addressing power supply instability and industrial energy needs. |
Top clients or who we serve Serves commercial, industrial, infrastructure, data centers, and government sectors across B2B and IPP markets. |
Key management Naresh C. Oberoi (Chairman & MD), Bharat Oberoi (Jt. MD), Renu Oberoi (Whole-time Director), Pradeep Gupta (Whole-time Director). |
Our journey and innovations Founded 1984, diversified into MSLG and wind power; partnerships with Cummins, Hyundai, Vestas; completed 11 wind projects with 203 MW capacity. |
Where we operate Primarily India with manufacturing in Bengaluru, Khopoli, Silvassa; exports limited; wind projects mainly in Gujarat and Tamil Nadu. |
Top products or what we offer Diesel generator sets (7.5kVA-3750kVA), medium speed large generators (3MW-10MW), wind power projects, EPC and O&M services. |
Top brands Powerica DG sets powered by Cummins, Hyundai MSLG, Wind power IPP portfolio with 330 MW operational capacity, Platino Automotive. |
Raw materials needed Engine components, steel, fuel systems, acoustic enclosures, control systems for gensets production. |
Raw materials supplier Cummins engines, Hyundai Heavy Industries; other electronic and steel suppliers. |
Recurring vs cyclical contribution Diesel gensets revenue is cyclical; wind power and O&M provide recurring income streams. |
Our industry position Strong OEM with Cummins; leading IPP wind power developer in India; EPC business growing steadily. |
Financial highlights FY24 revenue Rs.2653 Cr, net profit Rs.167 Cr; FY26 revenue Rs.3012 Cr; steady EBITDA margins around 12-13%. |
Geographical revenue split Revenue mainly from India (~99%), minor export sales (~1%). |
Order book As of July 2026 DG set order book INR 1,700 Cr with significant data center component. |
Whats driving growth Expansion in data centers, infrastructure demand, renewable energy projects, strategic partnerships, and EPC order wins. |
Our future plans Commission 50 MW wind power project in Gujarat, expand IPP portfolio to 638 MW, strengthen Allied and RECD businesses. |
Our green promise Focus on wind power projects with long-term PPAs, emission control technologies via Platino Automotive, and renewable energy expansion. |
Our people and values Employs ~800 people with strong leadership; promotes accountability, transparency, and fair governance. |
Key challenges ahead Commodity price inflation affecting margins, logistics challenges for large gensets, competition in renewable segment. |
Interesting facts One of only three Indian OEM partners of Cummins since 1984; first wind power project commissioned in 2008. |
Risks and strategy Pricing pressures, regulatory changes; mitigated via diversification into renewables, strong order book, and strategic alliances. |
