Indian EPC & Power firms Q1 FY27 growth

In late July 2026, two Indian engineering and power companies reported strong first‑quarter results for fiscal year 2027. On July 21, Sathlokhar Synergys E&C Global announced a 65 % rise in turnover year‑on‑year, with its confirmed order book reaching ₹1,015.18 crore and a bid pipeline of over ₹21,800 crore. The firm also received a credit‑rating upgrade from CRISIL and highlighted progress on a new pre‑engineered building manufacturing facility.

Three days later, on July 24, CG Power and Industrial Solutions disclosed record Q1 sales of ₹3,061 crore and a 27 % increase in profit after tax. Its unexecuted order backlog grew 45 % to ₹17,333 crore, providing multi‑quarter revenue visibility. The company pointed to robust demand from grid modernization, renewable‑energy integration and railway upgrades, and commissioned a new extra‑high‑voltage switchgear plant in Nashik.

A week later, on July 31, Sathlokhar Synergys E&C Global posted unaudited Q1 FY27 results confirming the earlier momentum. Total income surged 67.8 % to ₹206.19 crore, EBITDA more than doubled to ₹31.35 crore (15.2 % margin) and profit after tax climbed 132 % to ₹21.41 crore (10.38 % margin). The order book stood at ₹810.37 crore and the bid pipeline expanded to ₹22,106 crore. CRISIL upgraded the long‑term rating to BBB+/Positive and the short‑term rating to A2, while the company won new contracts worth ₹272.05 crore across seven projects, including deals with Grand Atlantia Panapakkam SEZ Developers, Reliance Consumer Products and Sri Lankan client Ceylon Beverage Can. Management attributed the margin improvement to material‑cost reductions.

Together, these reports illustrate a broader trend of rapid revenue expansion and sizable order‑book growth among Indian EPC and power‑equipment manufacturers, driven by infrastructure upgrades and renewable‑energy projects.