Cospower Engineering Reports FY26 Revenue of Rs 107.17 Crore

Cospower Engineering recorded a profit after tax of Rs 13.02 crore for FY26 compared to Rs 1.53 crore in the previous year. Revenue from operations surged to Rs 107.17 crore against Rs 27.70 crore in FY25.

Reader Takeaway: Strong revenue and profit growth driven by expansion, though investors should monitor execution of the Virar facility.

What just happened

Cospower Engineering has posted strong annual financial results for FY 2026, characterized by multi-fold growth across key P&L metrics. The company also announced a final dividend of Re 1 per share, subject to shareholder approval. The firm successfully raised Rs 16 crore through a preferential issue of equity shares during the period to support its capital expenditure requirements.

Why this matters

The company is scaling its infrastructure rapidly. A new greenfield manufacturing facility in Virar, spanning 80,000 sq. ft., is underway and slated for commissioning in Q4 FY26. This is expected to quintuple the company's existing production capacity.

Business and Operational Updates

Beyond capacity expansion, Cospower has diversified its portfolio by introducing Damping Resistors. The company anticipates doubling its production capacity for these units by March 2027. Furthermore, it has successfully completed type testing for its 975 kVAr, 13.5 kV Single-Phase Capacitor Unit, strengthening its technical product capability.

Governance and Management

The Board has approved a revision in remuneration for Managing Director Felix Kadam and Whole-Time Director Oswald Dsouza to Rs 66.25 lakhs per annum, pending shareholder approval. The company reported no material auditor qualifications, noting only minor delays in ROC filings that were settled with additional fees.

What to track next

Investors should closely track the timely commissioning of the Virar facility in Q4 FY26 and the successful market integration of the newly introduced Damping Resistors.