GK ENERGY LIMITEDH1 revenue +38.9%, installs +41.8%, order book ₹788 Cr

GK Energy's Q2 FY27 call, held on 29 October 2026, reported first-half revenue of ₹907.8 crore, up 38.9%, with EBITDA of ₹160.5 crore at a 17.7% margin and profit after tax of ₹109 crore, up 30.7%.

Q2 revenue rose 12.3% to ₹402.7 crore in the seasonally weakest quarter, with EBITDA of ₹74.4 crore at 18.5% and profit after tax up 6.3% to ₹49.4 crore. The company installed 19,391 systems in Q2, up 41.8%, and 43,509 in the half. The order book is ₹788 crore, including an institutional order for one lakh rooftop solar systems, 14,000 pumps in Maharashtra and a first 150 MW, 300 MWh battery storage project. Receivables were 204 days at quarter end, about 128 days after ₹377.5 crore of October collections.

Management expects close to 40% growth in FY27 even without the PM KUSUM 2.0 scheme, which it expects in Q3, targets a 17% to 18% EBITDA margin and aims for 1 million installed systems and a USD 1 billion business by 2030.