Healthy order-book visibility: Order book increased sharply from 596 crore in FY24 to 861 crore in FY25 and 1,818 crore in FY26, with transformer manufacturing accounting for 89.2% of FY26 order book, with power transformers alone contributing 1,237 crore (68%). High-voltage transformer capability: Kanohar is among only five companies in India with short-circuit test certification for 500 MVA, 400 kV transformers, enabling it to bid for select high-value transmission orders. The company received a 569 crore order from POWERGRID for 500 MVA,...