LAKSHYA
Lakshya Powertech financials
- Market cap
- ₹83 Cr
- Sector
- Construction
- Calls analysed
- 1
LAKSHYA Q4 FY25
What went well
- FY25 revenue grew to ₹160 crores from ₹150 crores in FY24, despite IPO-related cash flow challenges.
- Current order book of ₹275 crores provides strong revenue visibility, with ₹175-180 crores executable in the current year.
- Strategic entry into data center segment with a planned ₹67 crore manufacturing facility and expansion into new services.
What to watch
- H2 FY25 results were substantially below previous year due to a 4-5 month cash flow stoppage caused by IPO delays.
- Debtors significantly increased in Q4 FY25 (Feb-March) due to major equipment supply for a ₹30-40 crore project.
What Lakshya Powertech Limited does
Lakshya Powertech delivers Engineering, Procurement, Construction and Commissioning (EPCC) for oil & gas, power generation, data centre and renewable energy (biogas, biomass, solar) projects, managing the full lifecycle from design through installation and commissioning. It also runs an Integrated Operations & Maintenance (O&M) business covering preventive/predictive maintenance, overhauls and asset optimisation for energy assets, plus Special Services such as testing & commissioning, refurbishment of rotating equipment, and trading of spare parts. Fabrication and project engineering are supported out of its own workshop facility in Ahmedabad.
Segments
- EPCC
- Integrated O&M
- Special Services
- Projects completed
- 138
- Clients served
- 45+
- Workforce
- 900+ technical professionals
- Data centre backup power installed
- 102 MW back-up power + 2,250 KL fuel handling system across 4 data centres
- Fabrication/workshop facility
- 18,000 sq ft workshop, Dhamatvan Industrial Development Zone, Ahmedabad
- Geographic footprint
- Gujarat plus 9 other states
Guidance record · Q4 FY25
what the last two calls moved 7 tracked 0 delivered 0 missed 7 open- Revenue CAGR open said Q4 FY25 Promised: Conservatively 25%-30% CAGR, aiming for 30%-35% in future years Q4 FY25: Guided for 25-30% conservative CAGR going forward.
All 7 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q4 FY26: revenue up 4.6%, net profit down 70.0% against the same quarter last year.
| Line item | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 64 | 87 | 67 | 93 | 89 +39% | 91 +5% |
| EBITDA | 6 | 15 | 10 | 12 | 11 +83% | 9 −40% |
| Net profit | 4 | 10 | 7 | 8 | 7 +75% | 3 −70% |
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 −36.2% 1Y
1Y: ₹127 on 10 Sept 2025 → ₹81. High ₹159.8 (21 Apr 2026), low ₹75.95 (30 Mar 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹7 Cr | ₹11 Cr | ₹10 Cr |
| Reserves | ₹3 Cr | ₹4 Cr | ₹7 Cr | ₹24 Cr | ₹90 Cr | ₹92 Cr |
| Borrowings | ₹5 Cr | ₹6 Cr | ₹14 Cr | ₹30 Cr | ₹58 Cr | ₹73 Cr |
| Other liabilities | ₹2 Cr | ₹8 Cr | ₹12 Cr | ₹21 Cr | ₹31 Cr | ₹23 Cr |
| Total liabilities | ₹10 Cr | ₹18 Cr | ₹33 Cr | ₹82 Cr | ₹190 Cr | ₹198 Cr |
| Fixed assets | ₹0 Cr | ₹1 Cr | ₹2 Cr | ₹2 Cr | ₹4 Cr | ₹8 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹10 Cr | ₹17 Cr | ₹32 Cr | ₹81 Cr | ₹186 Cr | ₹190 Cr |
| Total assets | ₹10 Cr | ₹18 Cr | ₹33 Cr | ₹82 Cr | ₹190 Cr | ₹198 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 Mar 2026
Since Mar 2025, the public added +2.18 pp while DIIs trimmed −1.44 pp. The shareholder count shrank 12% to 1,449.
- Promoters
- 69.3%
- FIIs
- 0.5%
- DIIs
- 0.4%
- Public
- 29.9%
Since Mar 2025
- Public +2.18 pp
- DIIs −1.44 pp
- FIIs −0.75 pp
How it drifted, 4 quarters
Over this window the public went from 19.6% to 29.9% — +10.2 pp.
Ownership split by quarter, oldest first. Oct '24: Promoters 69.2%, FIIs 5.5%, DIIs 5.7%, Public 19.6%.Mar '25: Promoters 69.3%, FIIs 1.2%, DIIs 1.9%, Public 27.7%.Sep '25: Promoters 69.3%, FIIs 1.0%, DIIs 0.4%, Public 29.3%.Mar '26: Promoters 69.3%, FIIs 0.5%, DIIs 0.4%, Public 29.9%.
Who bought this quarter
since Sep 2025
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Udi Sales Private Limited newly disclosed 1.48% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Mar 2026 filing
Every holder of Lakshya Powertech Limited above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Priya Bandhavi Anne | 38.15% | unchanged |
| Rajesh Gopala Anne | 31.09% | unchanged |
| Hakeem Mahaboob Dowla | 1.51% | unchanged |
| Udi Sales Private Limited | 1.48% | newly disclosed |
| Gopala Rao Anne | 0.02% | unchanged |
| Bhargava Krishna Gogineni | 0.00% | unchanged |
| Brahmini Gogineni | 0.00% | unchanged |
| Vaibhav Sri Saharsh Anne | 0.00% | unchanged |
| Vaiva Techserv Private Limited | 0.00% | unchanged |
| tRATNA SUDHAKAR ANNE | 0.00% | unchanged |
| Adihtwa E&C Private Limited | 0.00% | unchanged |
| tPADMALATHA GOGINENI | 0.00% | unchanged |
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 Lakshya Powertech Limited
Guides on how to read this kind of business and the numbers that matter.