Goel said a large part of the order book, which stood at ₹3,200 crore as of March FY26, will be executed during the current financial year and should be reflected in quarterly results. He added that the company expects growth to remain supported by higher spending on transmission and distribution infrastructure as India’s power generation capacity expands.
“We do see growth clocking at a double digit, and of course, the earnings before interest, taxes, depreciation, and amortisation (EBITDA) margin should also be moving up accordingly,” he said.
Goel noted that India plans to increase electricity generation capacity from about 500 GW to 900 GW, requiring significant investment in transmission infrastructure. He said Laser Power & Infra is present across the value chain and expects to benefit from these investments.
The company’s manufacturing business contributes around 75% of revenue, with cables accounting for about 90% of manufacturing sales and conductors contributing about 10%. Within cables, nearly 30% comes from high-tension (HT) cables, while the remainder is low-tension (LT) cables, including supplies to the railways.
Goel also highlighted the company’s partnership with TS Corporation of the US to introduce advanced conductors in India.
“Without changing those towers, this new technology allows us to replace the old conductors with the new conductors, thereby increasing the current carrying capacity by 2x or 3x,” he said.
He said the technology is designed to help utilities expand transmission capacity without replacing existing transmission towers, addressing right-of-way constraints as the country’s power network grows.
For the full interview, watch the accompanying video
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