Laser Power & Infra Limited share price

NSE: LASERPOWER · ISIN INE17IR01028

Key numbers

Market cap
₹ 3,819 Cr
Current price
₹ 272.10
52-week high / low
₹ 344 / 250
Stock P/E
25.2
Book value
₹ 63.1
Dividend yield
0.00%
ROCE
22.6%
ROE
23.3%
Debt to equity
1.20
Sales growth (3 yrs)
-
Profit growth (3 yrs)
-
1-year return
-

About Laser Power & Infra Limited

Laser Power & Infra Limited manufactures and distributes power cables, conductors, and other components for the power transmission and distribution industry in India and internationally. The company operates in 2 segments, manufacturing and EPC (engineering, procurement, and construction). The company's products include galvanized steel earth wire, aluminum alloy wire rods, MV aerial bunched cables, PVC insulated copper cables, conductors, underground jelly-filled quad cables, railway power cables, and railway signaling cables. The company was incorporated in 1988 and is based in Kolkata, India.

Concall summary (2026-08-14)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • According to CRISIL's Intelligence, India's conductor market increased from approximately 102 billion in FY20 to approximately 185 billion in FY25, and this is expected to reach 230 to 250 billion by FY30.
  • EBITDA grew by approximately 26% to INR659 million, and EBITDA margins improved to 12.6% from 11.5% in Quarter 1 of FY26.

Growth & demand

  • It is, therefore, important to consider order inflow and execution together rather than looking at the closing order book in isolation.
  • Our order book stood at approximately INR27,884 million as of June '26.

Margins & costs

  • The EBITDA margin improved to 12.6% from 11.5% in Q1 FY26.
  • Finance cost absorbed approximately 55% of quarterly EBITDA and remained a principal factor moderating the conversion of operating profitability into PAT.

Capex & expansion

  • By replacing conventional conductors with advanced high-capacity conductors, utilities can increase their capacity of existing corridors without rebuilding the entire transmission infrastructure.
  • On a cable front, our capacity utilization is 80%, roughly around 80%.

Balance sheet & cash

  • Third, to improve working capital efficiency and strengthen the conversion of operating earnings into cash flow.
  • Gross debt currently stand at approximately INR3,600 million.

Peers in Electrical Equipment & Parts

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