Quality Power Electrical Equipments
- Market cap
- ₹ 10,103 Cr.
- P/E
- 79x
- P/B
- 19.88x
- 52-week range
- 581 – 1,681
- ROE
- 25%
- ROCE
- 32%
- Dividend yield
- 0.1%
- Debt / equity
- 0.07
- Sector
- Electrical Equipment
- Industry
- Heavy Electrical Equipment
- Listed on
- NSE, BSE
About
Quality Power Electrical Equipments Limited is an India-based company. The Company is engaged in the manufacturing of energy transition equipment and power technologies. It also provides high voltage electrical equipment and solutions for electrical grid connectivity and energy transition. It specializes in the provision of power products and solutions across the power generation, transmission, distribution, and automation sectors. It offers equipment and solutions tailored for emerging applications such as large-scale renewables. Its products include reactors, transformers, PLCC components, instrument transformers, and edison composites. Its reactors include facts /HVDC reactors, series reactors, shunt reactors, and iron core reactors. Its transformers include special purpose rectifier transformers, earthing transformers, converter duty transformers, and others. Its instrument transformers include current transformers, potential transformers, and discharge coil/PT transformers.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Heavy Electrical Equipment: 51 companies →Quality Power Electrical Equipments 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)79 against a typical 30.4: pricier than most peers (1st = cheapest).42nd of 50
- Sales growth+31.6% against a typical +23.8% from a year earlier.15th of 41
- Profit growth+27% against a typical +24.6% from a year earlier.18th of 40
- Share price, 3 months+23.1% against a typical −8.7%.3rd of 45
- Size₹ 10,103 Cr. market value against a typical ₹ 5,357.9 Cr. (1st = largest).17th of 47
Latest announcements
Exchange filings and their impact on the company.
- New Sangli coil factory starts production to boost high-voltage reactor capacity and support global growth.
Quality Power has started manufacturing at its new Global Coil Factory at Kupwad MIDC, Sangli from 20 October 2026. The greenfield plant will make high-voltage air-core dry-type reactors and specialised coils for HVAC, HVDC, FACTS and renewable transmission projects, with in-house winding, HV testing and conductor processing. The company said production will ramp up progressively as more lines are commissioned, supporting its next phase of growth in global high-voltage equipment.
- New Turkiye PCS factory starts production to support global battery storage orders.
Quality Power's subsidiary Endoks Energy Systems started manufacturing on 16 October 2026 at its new Power Conversion Systems plant in Nigde, Turkiye. The plant will make power electronic converters and inverters for utility-scale battery energy storage systems and grid applications. The company said production will ramp up progressively to support its international BESS order book and growing demand for renewable integration and grid flexibility.
Fund raises
QIPs, preferential issues, warrants and rights issues, one row per filing, newest first. Open a row for details. All fund raise updates
| Stage | Details | |||||
|---|---|---|---|---|---|---|
| 23 Oct 2026 | Preferential issue | — | — | — | — |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 23 Sep 2026 | Fund Raising/Other business matters | To consider the issue of Shares through Preferential Issue/Allotment, for cash and/or for consideration other than cash; and/or Qualified Institutional Placement (QIP) |
| 2 Sep 2026 | Fund Raising | To consider the preferential issue of Shares to shareholders of Winwin Speciality Insulators Limited as part of the closure of the transaction. |
| 9 Aug 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended Jun 30, 2026 and Interim Dividend. |
| 13 May 2026 | Financial Results/Dividend/Fund Raising | Further to our earlier letter dated 2nd May, 2026, we would like to inform you that an additional agenda item will also be placed in the Meeting of the Board of Directors of the Company to be held on Wednesday, 13th May, 2026, to, inter-alia, consider and approve, 1. To consider and approve an enabling resolution for raising funds, in one or more tranches, through permissible modes, subject to applicable laws. |
| 4 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 12 Nov 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 142 | 39 | 61 | 94 | 73 | 108 | 177 | 206 | 284 | 281 | 233 |
| Expenses | 131 | 26 | 38 | 86 | 55 | 92 | 146 | 170 | 205 | 251 | 192 |
| Operating Profit | 11 | 14 | 24 | 8 | 17 | 16 | 31 | 36 | 79 | 30 | 41 |
| OPM % | 8% | 34% | 38% | 9% | 24% | 15% | 18% | 18% | 28% | 11% | 18% |
| Other Income | 6 | 9 | 18 | 8 | 6 | 21 | 17 | 13 | 0 | 29 | 24 |
| Interest | 1 | 0 | 1 | 1 | 1 | 0 | 1 | 2 | 1 | 2 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 3 | 3 | 4 | 4 |
| Profit before tax | 15 | 22 | 41 | 14 | 22 | 36 | 44 | 44 | 74 | 53 | 59 |
| Tax % | 7% | 19% | 18% | 5% | 10% | 14% | 16% | 21% | 15% | 13% | 23% |
| Net Profit | 14 | 18 | 33 | 13 | 20 | 30 | 37 | 35 | 63 | 51 | 47 |
| EPS in Rs | 74,933.33 | 2.11 | 4.34 | 1.62 | 1.92 | 2.51 | 3.12 | 3.14 | 5.03 | 4.38 | 4.66 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 55%
- TTM
- 122%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 81%
- TTM
- 90%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 24%
- 3 Years
- 25%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Quality Power Electrical Equipments | ₹ 1,360.00 | ₹ 10,103 Cr. | 79x | 19.9x | 25% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Management
- Thalavaidurai Pandyan Pandyan
- Executive Chairman of the Board, Managing Director
- Sanjog Mhatre
- Chief Executive Officer
- Rajesh Jayaraman
- Chief Financial Officer
- Deepak Ramchandra Suryavanshi
- Company Secretary, Compliance Officer
- Bharanidharan Perumal Pandyan
- Joint Managing Director, Whole Time Director
- Chitra Pandyan
- Whole Time Director
- Mahesh Vitthal Saralaya
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.