Gujarat-rooted power transmission & distribution EPC contractor executing high-voltage transmission lines, substations, underground cabling, and O&M on a turnkey basis.
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| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| LiabilitiesEquity Capital | 1 | 1 | 1 | 27 |
| Reserves | 43 | 50 | 72 | 110 |
| Borrowings | 26 | 26 | 19 | 48 |
| Other Liabilities | 36 | 41 | 59 | 157 |
| Total Liabilities | 105 | 118 | 150 | 342 |
| AssetsFixed Assets | 11 | 11 | 10 | 13 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 94 | 107 | 141 | 328 |
| Total Assets | 105 | 118 | 150 | 342 |
| Line item | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| ActivitiesCash from Operating | 10 | 4 | 12 | -26 |
| Cash from Investing | -1 | 1 | 1 | -18 |
| Cash from Financing | -9 | -5 | -13 | 46 |
| SummaryCapital Expenditure | — | — | — | — |
| Free Cash Flow | 8 | 3 | 12 | -30 |
| FCF Margin | — | — | — | — |
We need at least a year of quarterly results to build a defensible base. Check back once more filings are in.
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