Power and Instrumentation (Gujarat)

NSE: PIGLBSE: 543912
Compare with peers
₹ 89.36▼ 0.7 (−0.78%)28 Oct, 03:29 pm IST
Market cap
₹ 188 Cr.
P/E
13x
P/B
1.25x
52-week range
85.16 – 165.11
ROE
10%
ROCE
14%
Dividend yield
0%
Debt / equity
0.22
Sector
Electrical Equipment
Industry
Other Electrical Equipment
Listed on
NSE, BSE

About

Power and Instrumentation (Gujarat) Limited is an India-based contracting company. The Company specializes in electromechanical services encompassing electrical substations, automation, heating, ventilation, and air conditioning (HVAC) solutions, and others. Its other services include installation, maintenance, and repair of distribution transformers, generators, switchgear, and others. Its services also include uninterrupted power supply system (UPS), Silent Type Diesel Generating Sets, generator rental, Indoor substation support, and others. Its customized services cover wiring, lighting, power distribution, and energy-efficient solutions. Its Backup Power Services include UPS power supply services and installation, commissioning, regular inspections, and emergency repairs for various backup power systems. It serves various industries, including industries and companies; hospitals; state government; leisure’s, and others.

Quick check

The five things to look at first. Open one for more.

Power and Instrumentation (Gujarat) against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)13 against a typical 25.4: cheaper than most peers (1st = cheapest).23rd of 80
  • Sales growth−1.5% against a typical +32% from a year earlier.50th of 69
  • Profit growth+3.1% against a typical +15.9% from a year earlier.35th of 64
  • Share price, 3 months−15.3% against a typical −11%.45th of 74
  • Size₹ 188 Cr. market value against a typical ₹ 553.8 Cr. (1st = largest).49th of 77

Credit ratings

Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates

Look closer

Rated B- by India Ratings
B-
DefaultRiskyModerateSafeVery safe
  • India Ratings expects things to get worse (negative outlook).
AgencyCurrent ratingOutlookAs of
India RatingsIND B-(NCO); IND A4(NCO)Negative17 Jul 2026
Credit rating actions
RatingDetails
17 Jul 2026
Rating action
IND B-(NCO)—India Ratings₹ 40 Cr.

Board meetings

Results dates and other board meetings. Full calendar

Details
25 Aug 2026Other business mattersTo consider and approve, ESOP and other business matters
14 Aug 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
10 Aug 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended Jun 30, 2026 and other business matters
30 May 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026 and other business matters
13 Feb 2026Financial ResultsTo consider and approve the financial results for the period ended December 31, 2025
14 Nov 2025Financial ResultsTo consider and approve the financial results for the period ended September 30, 2025

Share price

1Y change −43.43%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales241537255533554168454641
Expenses221333225030503762404136
Operating Profit324354546554
OPM %11.1%12.3%10.5%12.3%9.5%11%9.3%9.8%9.2%11.3%10.6%10.6%
Other Income001111001000
Interest111111111111
Depreciation000000000000
Profit before tax213354446444
Tax %24.5%29.3%20.9%24.8%25.2%25.3%29.3%26%25.4%16.7%16.6%24.3%
Net Profit113243335333
EPS in Rs1.10.652.111.482.421.791.781.482.541.821.451.26

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
19%
3 Years
29%
TTM
8%
Compounded Profit Growth
10 Years
—
5 Years
31%
3 Years
55%
TTM
9%
Stock Price CAGR
10 Years
—
5 Years
7%
3 Years
39%
TTM
—
Return on Equity
10 Years
12%
5 Years
11%
3 Years
12%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
50.7%
+4.98 pts in a year
FIIs
0%
0 pts in a year
DIIs
0.82%
+0.74 pts in a year
Public
48.49%
−5.73 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 13xEPS (12 months) ₹ 7.60Median P/E 19x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Power and Instrumentation (Gujarat)₹ 89.36₹ 188 Cr.13x1.3x10%—
DLF₹ 653.55₹ 1,61,774 Cr.39.2x3.7x10%32%
Lodha Developers₹ 963.00₹ 1,01,441 Cr.37.4x5.7x—22.7%
Indus Towers₹ 380.00₹ 1,00,250 Cr.14.8x2.6x18.9%21.8%
Oberoi Realty₹ 1,587.20₹ 57,846 Cr.26.4x3.7x—41.6%
Godrej Properties₹ 1,497.90₹ 45,121 Cr.170.2x3.4x10.2%35.9%

Management

Rohit Maheshwari
Chief Financial Officer
Daisy Mehta
Compliance Officer, Company Secretary
Padmaraj Padmanabhan Pillai
Managing Director, Executive Director
Kavita Padmaraj Pillai
Executive Director
Padmavati Padmanabhan Pillai
Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.