GK Energy Bags ₹42.84 Cr Order from Maharashtra State Electricity Distribution Company Limited
GK Energy Limited received a Letter of Award from Maharashtra State Electricity Distribution Company for 150 MW / 300 MWh BESS, generating ₹42.84 Crore yearly revenue.
Value
₹42.84 Cr
From
Maharashtra State Electricity Distribution Company Limited
GK Energy Bags ₹642.6 Cr Order from Maharashtra State Electricity Distribution Company Limited
GK Energy received a Letter of Award from MSEDCL for 150 MW/300 MWh BESS in Maharashtra. The 15-year contract yields ₹42.84 Crore/year, totalling ₹642.6 Crore.
Value
₹642.6 Cr
From
Maharashtra State Electricity Distribution Company Limited
Execution
18 months to commission; 15-year revenue period from COD
GK Energy Limited held its 18th Annual General Meeting on August 31, 2026. The proceedings covered the adoption of financial statements and declaration of dividend.
GK Energy Limited secured a Rs. 454.50 Crore contract from a State Government-owned utility for 100 MW solar rooftop projects. The order covers 1,00,000 households.
Value
₹454.5 Cr
Execution
Within 60 days from the issuance of respective work order
GK Energy reported record Q1 revenue of INR 505 Cr, up 71.1% YoY. Management is pursuing an asset-light OEM/ODM model, focusing on solar pumps and expanding into rooftop solar.
GK Energy Limited filed its Annual Report for the financial year 2025-26, providing comprehensive financial and non-financial performance metrics to its stakeholders.
GK Energy delivered a 71% revenue surge in Q1FY27, though high volume growth is being offset by lower per-pump realizations due to competitive pressures.
GK Energy Limited appointed CS Avanti Rajwade as Secretarial Auditor for a five-year term. The appointment covers financial years 2026-27 to 2030-31, subject to shareholder approval.
GK Energy won a Rs.235.92 Cr order for 10,000 solar water pumps from Maharashtra's power utility. The contract must be executed within 60 days of the work order.
Value
₹235.9 Cr
Execution
Within 60 days from the date of issuance of Work Order/Notice to Proceed (NTP)
GK Energy reported strong FY26 performance, crossing ₹1,500cr revenue with a 20.44% standalone EBITDA margin. Management is shifting toward a scalable asset-light EPC model focusing on solar pumps and rooftop solar.
GK Energy delivered strong FY26 growth, crossing ₹200cr PAT for the first time. Management is aggressively targeting ₹3000cr revenue in FY27 by pivoting toward rooftop solar and smart scheme segments.
GK Energy reported FY26 revenue of ₹1,532.54 Crore, representing 40% year-on-year growth. PAT increased 51.1% to ₹201.27 Crore, driven by an asset-light renewable model.
GK Energy reported strong FY26 performance with Revenue at ₹15,325 Mn and PAT of ₹2,013 Mn. The company utilizes an asset-light OEM/ODM model focusing on decentralized solar infrastructure.
GK Energy Limited released its Monitoring Agency Report for the ₹400.00 Crore IPO proceeds. The audit committee confirmed funds were utilized as per offer document objects.
GK Energy Limited re-appointed M/s. Brijesh S. Chandak & Co. as internal auditors for 12 months. The board-approved decision ensures continued regulatory compliance and internal oversight.
GK Energy Limited reported consolidated total income of ₹1,724.57 Crore for FY2026. The board also re-appointed M/s. Brijesh S. Chandak & Co. as internal auditors.
GK Energy Limited shareholders approved the appointment of Mr. Subhash Vasant Ghaisas as Independent Director via postal ballot. The special resolution passed with a 99.99% majority.
GK Energy Ltd scheduled a Board meeting for May 13, 2026, to approve audited financial results. The trading window remains closed for designated insiders.
GK Energy Limited received a Rs. 353.89 Crore contract from Maharashtra State Electricity Distribution Company Limited for 15,000 solar water pumping systems. The project, under the Magel Tyala Saur Krushi Pump Yojana, must be executed within 60 days of work order issuance, significantly boosting the company's revenue visibility.
Value
₹353.9 Cr
Execution
Within 60 days from the date of issuance of Work Order/NTP
GK Energy Limited has issued a postal ballot notice to seek shareholder approval via special resolution for the appointment of Mr. Subhash Vasant Ghaisas as a Non-Executive Independent Director. The proposed five-year tenure is from February 2026 to February 2031. The e-voting period ends on May 8, 2026.
GK Energy Limited has issued a Postal Ballot Notice seeking shareholder approval for the appointment of Mr. Subhash Vasant Ghaisas as a Non-Executive Independent Director for a five-year term. Remote e-voting commences on April 09, 2026, and concludes on May 08, 2026. The appointment aims to strengthen the board's technological oversight and innovation leadership.
