Heavy Electrical Equipment company Quality Power Electrical Equipments announced Q2FY26 results Total Revenue: Rs 2,189 million against Rs 1,031 million during Q2FY25, change 112.4%. EBITDA: Rs 494 million against Rs 168 million during Q2FY25, change 193.4%. EBITDA Margin: 24.0% for Q2FY26. PBT: Rs 443 million against Rs 141 million during Q2FY25, change 213,2%. PBT Margin: 20.2% for Q2FY26. Bharanidharan Pandyan, Joint Managing & Whole-time Director, said: “The global high-voltage industry continues to expand on the back of the energy transition, renewable integration, and grid modernization. While capacity additions remain strong worldwide, constraints in engineered electrical components are creating long-term opportunities in advanced high-voltage technologies. Quality Power is capitalizing on this momentum through strong international order inflows, deeper technology integration, and disciplined execution. Our ongoing investments in automation, technology, and processes are enhancing product reliability, manufacturing agility, and competitiveness across global markets.” Result PDF
Heavy Electrical Equipment company Quality Power Electrical Equipments announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Q4FY25 Total Revenue stood at Rs 1,299 million Q4FY25 Profit After Tax (PAT) increased by 74.1% YoY to Rs 305 million, with PAT margins reaching 23.5% FY25 Financial Highlights: FY25 Total Revenue stood at Rs 3,923 million FY25 Profit After Tax (PAT) increased by 80.5% YoY to Rs 1,001 million, with PAT margins reaching 25.5% Commenting on Company’s performance, Thalavaidurai Pandyan, Chairman & Managing Director, said: “FY2024-25 has been a milestone year for the Company, marked significant progress across operational, strategic, and financial parameters. The successful completion of the Initial Public Offering in February 2025, raising Rs 8,586 million, has laid a strong foundation for the next phase of growth, enabling focused investments in manufacturing expansion, technology enhancement, and inorganic initiatives. During the year, the Company completed the acquisition of a 51% majority stake in Mehru Electrical & Mechanical Engineers Pvt Ltd for Rs 1,200 million, augmenting capabilities in high voltage instrument transformers up to 500kV and expanding its presence across India, Southeast Asia, and Africa. In Q4FY25, the Company secured two strategic orders: a four-year framework agreement from an Israeli entity for the supply of 161kV high-voltage coils. This order represents a meaningful step in expanding the Company’s global footprint and integrating Mehru’s product portfolio into strategic projects. The Company achieved its highest-ever order inflow during FY25 with order backlog of over Rs 7,500 million as of March 31, 2025, providing revenue visibility over the next 15–18 months. This performance translated into record revenue and profitability in both Q4 and the full year, supported by a diversified order pipeline, timely execution, and improved operational efficiencies. Strategic investments are underway in new manufacturing units at E-5 and E-6 in Sangli, along with a greenfield facility in Cochin, which will strengthen the Company’s delivery capabilities in the Power Products segment. In parallel, for Mehru Electricals, given strong domestic and international demand, the Board approved both additional CAPEX at the current location and the exploration of a new greenfield facility or acquisition opportunity. Also, am delighted to announce that as a part of our strategic capital allocation framework, the Board has granted in principle approval for increase in the equity stake in Nebeskie taking the total shareholding up to 26%. This investment underscores our commitment to supporting Nebeskie's ongoing capital expenditure and technology advancement plans. As we look ahead to FY2025-26, our focus remains steadfast on long-term value creation, operational excellence and strategic resilience. The evolving market landscape presents new opportunities for innovation and leadership. We are confident in our ability to harness them through prudent capital deployment and customer-centric initiatives. With a strong financial foundation and a unified team across our group companies, we are well positioned to accelerate sustainable growth and deliver superior outcomes for all stakeholders.” Result PDF
Conference Call with Quality Power Electrical Equipments Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.