Positron Energy Limited has announced its audited financial results for the fiscal year ended March 31, 2026, reporting significant growth across key financial metrics. The company’s Profit After Tax (PAT) increased by 12.70% year-on-year to ₹20.04 crore, up from ₹17.78 crore in the previous fiscal year. Revenue from operations surged 31.27% to ₹442.15 crore, compared to ₹336.82 crore in FY25, supported by a robust order book and expanded market presence.

Operational Performance

The company demonstrated strong operational execution during the year, managing an average daily gas portfolio that grew from approximately 8,000 MMBTU/day in FY25 to 11,000 MMBTU/day in FY26. Aggregated gas volume reached 108 MMSCM in FY 25-26. In H2 FY26, the company secured new orders worth ₹6.04 crore from Gujarat Gas Limited and onboarded clients such as Avantika Gas Limited and Bharat Petroleum Corporation Limited.

Financial Highlights

The financial performance for the year reflects improved profitability and operational efficiency. EBITDA for FY26 stood at ₹28.55 crore, a 21.50% increase from the previous year. The EBITDA margin for the year was 6.46%. The second half of the fiscal year saw particularly strong growth, with H2 revenue rising 81.84% half-on-half to ₹285.27 crore and PAT increasing by 200.79% to ₹15.04 crore.

Balance Sheet and Order Book

Positron Energy strengthened its balance sheet during the year, with cash and cash equivalents increasing to ₹80.99 crore as of March 31, 2026, from ₹65.66 crore in the previous year. Borrowings reduced to ₹41.63 lakh, resulting in a low debt-to-equity ratio of 0.05x. The total unexecuted order book as of March 31, 2026, stood at approximately ₹557.65 crore, which is about 1.3 times the FY26 revenue, providing strong revenue visibility for the coming year.

Strategic Outlook

Looking ahead, the company aims to expand its presence into new industrial clusters and geographies while implementing cost optimization initiatives. Positron Energy plans to diversify its client portfolio and establish strategic sourcing partnerships to secure reliable volumes. The management remains focused on leveraging digital tools and market data analytics to identify demand trends and improve customer acquisition efforts.

Positron Energy Limited has received an annual disclosure from its promoter, Sujit K Sugathan, filed on 3rd April 2026, pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration confirms that no encumbrances have been created on the shares of the company, either directly or indirectly, other than those already disclosed, during the financial year ended 31st March 2026. The disclosure was submitted to both Positron Energy Limited and the National Stock Exchange of India Ltd.

Declaration of No Encumbrances

Sujit K Sugathan, acting on behalf of the promoter, promoter group, and persons acting in concert (PAC), has formally declared the absence of any new encumbrances on shares during FY26. This annual disclosure is a mandatory compliance requirement under SEBI's SAST Regulations, aimed at ensuring transparency regarding the pledging or encumbering of promoter shareholding in listed companies.

Promoter and PAC Shareholding as on March 31, 2026

The following table presents the shareholding details of all promoters, members of the promoter group, and PAC as on March 31, 2026:

The combined promoter group and PAC collectively hold 54,87,300 shares, accounting for 72.1975% of the total share and voting capital of Positron Energy Limited as on March 31, 2026. Among individual promoters, Sujit K Sugathan holds the largest stake at 23.3054%, followed closely by Rajiv Shankarankutty Menon at 22.5843% and Manav Bahri at 22.5409%.

Regulatory Context

The disclosure has been made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates that every promoter of a listed company must declare on an annual basis whether any encumbrances exist on their shareholding. This filing reinforces the company's commitment to regulatory compliance and shareholder transparency.