EMPOWER
Empower India financials
- Market cap
- ₹254 Cr
- Sector
- Information Technology
What Empower India Limited does
Empower India Limited is a diversified company operating through six subsidiaries: Empower Energy Private Limited, Empower Housing Private Limited, Empower Retail Private Limited, Empower Tradex Private Limited and Empower E-Ventures LLP. In FY2024-25 the company's revenue was generated through its continued operations in the solar energy sector. Its Management Discussion & Analysis also reviews India's technology/IT-services and housing sectors, reflecting the areas its group subsidiaries are positioned in.
Segments
- Solar / Renewable Energy
- Housing
- Retail
- Trading
- E-Ventures
- Subsidiary companies
- 6
Quarterly results
Q1 FY27: revenue up 40.8%, net profit up 776.5% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 46 | 24 | 16 | 27 | 35 −24% | 48 +102% | 44 +175% | 37 +41% |
| EBITDA | 2 | 0 | -5 | -2 | 3 +32% | 0 +68% | -0 +96% | -0 +75% |
| Net profit | 2 | 1 | -0 | 0 | 3 +32% | 1 +2% | 14 +15589% | 1 +776% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +83.2% 1Y
1Y: ₹1.25 on 10 Sept 2025 → ₹2.29. High ₹2.83 (13 May 2026), low ₹1.03 (30 Mar 2026).
Financials, as filed
Revenue grew 14.6% a year over 2 years, FY24 to FY26. Operating margin narrowed to 0.8%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹117 Cr | ₹124 Cr | ₹153 Cr |
| Operating profit | ₹4 Cr | ₹-0 Cr | ₹1 Cr |
| Operating margin | 3.2% | -0.3% | 0.8% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹7 Cr | ₹5 Cr | ₹18 Cr |
| Net margin | 5.9% | 4.2% | 11.7% |
| Cash from operations | ₹-6 Cr | ₹18 Cr | ₹-49 Cr |
| Free cash flow | ₹1 Cr | ₹24 Cr | ₹-49 Cr |
| ROCE | 2.0% | 2.0% | 5.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹116 Cr | ₹116 Cr | ₹116 Cr | ₹116 Cr | ₹116 Cr | ₹116 Cr |
| Reserves | ₹142 Cr | ₹176 Cr | ₹176 Cr | ₹183 Cr | ₹191 Cr | ₹206 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹27 Cr | ₹36 Cr |
| Other liabilities | ₹2 Cr | ₹4 Cr | ₹5 Cr | ₹16 Cr | ₹39 Cr | ₹71 Cr |
| Total liabilities | ₹261 Cr | ₹297 Cr | ₹298 Cr | ₹316 Cr | ₹374 Cr | ₹429 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹197 Cr | ₹208 Cr | ₹207 Cr | ₹200 Cr | ₹193 Cr | ₹207 Cr |
| Other assets | ₹64 Cr | ₹89 Cr | ₹92 Cr | ₹116 Cr | ₹181 Cr | ₹223 Cr |
| Total assets | ₹261 Cr | ₹297 Cr | ₹298 Cr | ₹316 Cr | ₹374 Cr | ₹429 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 11% to 3,05,382.
- Promoters
- 15.0%
- FIIs
- 0.0%
- Public
- 85.0%
Since Jun 2025
- Public −0.01 pp
- Promoters 0.00 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 15.0%, Public 85.0%.Dec '23: Promoters 15.0%, Public 85.0%.Mar '24: Promoters 15.0%, FIIs 0.3%, Public 84.7%.Jun '24: Promoters 15.0%, FIIs 0.0%, Public 85.0%.Sep '24: Promoters 15.0%, FIIs 0.0%, Public 85.0%.Dec '24: Promoters 15.0%, FIIs 0.0%, Public 85.0%.Mar '25: Promoters 15.0%, FIIs 0.0%, Public 85.0%.Jun '25: Promoters 15.0%, FIIs 0.0%, Public 85.0%.Sep '25: Promoters 15.0%, FIIs 0.0%, Public 85.0%.Dec '25: Promoters 15.0%, FIIs 0.0%, Public 85.0%.Mar '26: Promoters 15.0%, FIIs 0.0%, Public 85.0%.Jun '26: Promoters 15.0%, FIIs 0.0%, Public 85.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Sarvagay Textile newly disclosed 4.52% held
- Akarshika Traders newly disclosed 4.34% held
- Kinita Real Estate Private Limited newly disclosed 4.05% held
- Vaishali Commosales Llp newly disclosed 3.65% held
- Whamia Traders newly disclosed 2.35% held
- Avance Ventures Private Limited newly disclosed 2.11% held
- Jasmit Singh Chandhok newly disclosed 1.13% held
The same filing shows 0 holders trimming and 5 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Empower India Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Devang Dinesh Master | 14.24% | unchanged |
| Anupam Narain Gupta | 4.53% | unchanged |
| Sarvagay Textile | 4.52% | newly disclosed |
| Akarshika Traders | 4.34% | newly disclosed |
| Kinita Real Estate Private Limited | 4.05% | newly disclosed |
| Vaishali Commosales Llp | 3.65% | newly disclosed |
| Whamia Traders | 2.35% | newly disclosed |
| Avance Ventures Private Limited | 2.11% | newly disclosed |
| Jasmit Singh Chandhok | 1.13% | newly disclosed |
| Devang Master | 0.78% | unchanged |
| Brij Bala | — | off the list |
| Mahesh Singh | — | off the list |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Empower India Limited
Guides on how to read this kind of business and the numbers that matter.