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Earnings · Electric Equipment · Micro cap

Cospower's revenue grew 287% last year. The profit margin is the real story.

Revenue surged from ₹2.77 cr to ₹10.73 cr in FY26. Net profit hit ₹7.57 cr on that ₹10.73 cr top line.

1 earlier story on Cospower Engineering Ltd.
Mkt cap₹325 cr
P/E24.97×
ROE8.43%
Debt / eq.1.00
Div yld0.06%
₹10.73 cr FY26 revenue, up from ₹2.77 cr a year earlier.

What's new

  • Cospower's FY26 revenue grew 287% to ₹10.73 crore from ₹2.77 crore.
  • Net profit rose to ₹7.57 crore from ₹1.54 crore.
  • The board recommended a final dividend of Re.1 per share.

Why this matters

This is a nano-cap with a market cap of about ₹235 crore. When revenue nearly quadruples, the market cap has to re-rate. The clean audit gives that re-rating a foundation.

What we're watching

  • Whether the 287% growth rate can be repeated or was a one-off.
  • The dividend vote, and whether management will grow it next year.
  • A segment breakdown to understand what drove the surge.

The full read

Cospower Engineering's revenue grew 287% to ₹10.73 crore in FY26, up from ₹2.77 crore. Net profit followed, rising to ₹7.57 crore from ₹1.54 crore. The results are audited and unmodified. For a company with a market cap of about ₹235 crore, this is a fundamental shift in scale. The board is now recommending a Re.1 final dividend, pending shareholder vote. The filing attributes the growth to increased business activity but offers no further detail. That leaves the numbers to speak for themselves.

Questions answered

What drove the 287% revenue jump?
The filing says only that it came from a 'sharp increase in business activity'. It provides no project or segment details. The growth is the only evidence of what happened.
What does the profit margin imply?
Net profit of ₹7.57 crore on ₹10.73 crore of revenue implies a net margin of about 70%. The filing gives no cost breakdown, but that ratio is exceptionally high for an engineering firm.
Is this a routine disclosure?
It is a standard annual results announcement. The significance lies in the scale of growth for a nano-cap, and the clean audit provides formal confirmation.
What about the dividend?
The board recommended a final dividend of Re.1 per share, subject to shareholder approval. For a nano-cap, a new dividend can signal management confidence in the sustainability of the new earnings level.
Mentioned: Cospower Engineering Ltd. · ₹10.73 crore FY26 revenue · Re.1 final dividend
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Cospower Engineering Ltd.

Engineering & Capital Goods
₹367 cr
P/E 28.17×

Latest quarter · Mar 2026

Sales₹75 cr
Net profit₹11 cr
Op. margin+24.0%
EPS₹64.30

Strength & growth

Debt / equity1.00×
Current ratio1.59×
  1. 27 May 2026 · 4:47 PM IST Cospower's revenue grew 287% last year. The profit margin is the real story.
  2. 49d ago Cospower Engineering revenue jumps 287% to ₹10.73 cr