QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED

BSE: QPOWER544367ISIN INE0SII01026

Industrials
Heavy Electrical Equipment
BSE 1000

Share price

₹1,452.55+22.65 (+1.58%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1,679.95
52W low: ₹581.85
Off 52W high: -13.54%
1M return: -10.49%
3M return: +28.37%
6M return: +21.19%
1Y return: +50.72%
20D avg volume: 24,415
50 DMA: ₹1,464.15
200 DMA: ₹1,142.64

Key ratios Consolidated

Market cap: ₹11,249 Cr
Current price: ₹1,452.55
52W high / low: ₹1,679.95 / ₹581.85
Face value: ₹10.00
P/E: 50.36
P/B: 18.45
EPS (TTM): ₹28.84
Book value / share: ₹78.72
ROE: —
ROCE: 27.30%
Operating margin: —
Net margin: —
Debt / equity: 0.05
Net debt: ₹-148.30 Cr
Interest cover: 32.83
Dividend yield: 0.09%
Dividend / share (TTM): ₹1.25
Payout: 4.33%
Cash conversion cycle: 74.7 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q4 FY24
Income statement
	272.53	232.66	280.81	283.99	205.76	176.72	108.32	72.58	—
	21.07	23.71	28.97	0.30	13.12	17.36	21.57	7.15	—
	293.60	256.38	309.78	284.29	218.88	194.08	129.90	79.74	—
	216.41	196.96	256.30	209.95	174.54	149.79	93.93	56.90	—
	116.76	123.07	144.07	139.82	127.15	97.93	79.36	43.06	—
	78.85	26.34	5.55	30.81	4.07	4.60	0.00	—	—
	30.14	27.48	25.65	23.44	24.17	24.59	10.67	7.09	—
	2.93	1.39	1.92	1.45	2.20	1.23	0.03	0.69	—
	3.92	3.89	3.86	3.48	2.82	2.84	1.86	1.03	—
	19.82	28.87	58.90	17.61	14.28	13.55	9.58	11.09	—
	77.19	59.42	53.48	74.34	44.33	44.28	35.97	22.84	—
	0.00	0.00	0.00	0.00	0.00	0.00	-0.37	-1.02	—
	77.19	59.42	53.48	74.34	44.33	44.28	35.59	21.83	—
	13.46	13.79	6.86	11.48	9.13	7.22	5.09	2.25	—
	63.33	46.72	50.55	62.77	35.17	37.06	30.50	19.57	—
	5.48	4.66	4.38	5.03	3.14	3.12	2.67	1.92	—
Key metrics
	84.04	64.70	59.26	79.27	49.35	48.35	37.48	23.55	—
	30.80%	27.80%	21.10%	27.90%	24.00%	27.40%	34.60%	32.40%	—
	23.20%	20.10%	18.00%	22.10%	17.10%	21.00%	28.20%	27.00%	—
	8.80%	—	6.80%	—	6.70%	—	5.70%	—	—
	32.50%	31.70%	159.20%	291.30%	—	—	—	—	—
	80.10%	26.10%	65.70%	220.70%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	1,070	947.27	336.65	—
	74.05	59.75	55.70	—
	1,144	1,007	392.35	—
	879.62	790.59	278.46	—
	523.72	511.28	207.93	—
	141.55	45.03	2.32	—
	106.71	95.55	33.68	—
	7.69	6.80	2.44	—
	15.15	13.00	4.70	—
	125.20	104.34	36.99	—
	264.43	216.43	113.89	—
	0.00	0.00	-1.62	—
	264.43	216.43	112.26	—
	45.59	34.70	12.11	—
	223.37	185.55	100.15	—
	19.55	15.67	9.10	—
Key metrics
	287.27	236.23	119.40	—
	26.85%	24.90%	35.50%	—
	20.88%	19.60%	29.70%	—
	—	27.30%	18.30%	—
	89.92%	181.40%	—	—
	82.64%	85.30%	—	—
	—	-48.86	46.57	—
	—	0.43	0.62	—
	—	0.05	0.01	—
	—	-148.30	-171.99	—
	—	74.7	159.4	—
Balance sheet
	—	1,112	814.06	—
	—	732.14	544.66	—
	—	183.78	180.89	—
	—	241.81	137.12	—
	—	116.13	101.76	—
	—	85.31	43.57	—
	—	229.44	217.35	—
	—	163.92	91.90	—
	—	294.64	187.56	—
	—	35.48	8.90	—
	—	29.05	8.58	—
	—	6.43	0.32	—
	—	773.27	593.72	—
Cash flow
	—	80.28	62.46	—
	—	-95.08	-92.73	—
	—	17.92	171.00	—
	—	129.14	15.89	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q4 FY24
Income statement
	74.05	65.48	70.89	57.71	52.79	40.52	44.23	35.87	—
	2.68	3.84	1.05	1.53	1.52	1.32	1.22	0.59	—
	76.73	69.31	71.94	59.24	54.31	41.84	45.45	36.46	—
	46.83	35.95	50.63	39.87	36.99	27.77	34.99	26.75	—
	33.30	23.15	37.56	28.33	26.35	18.25	22.40	17.36	—
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—
	8.40	8.08	8.84	7.03	6.94	5.94	7.27	3.65	—
	0.15	0.17	0.39	0.36	0.11	0.14	0.23	0.38	—
	0.77	0.85	0.81	0.68	0.61	0.55	0.64	0.51	—
	4.21	3.71	3.03	3.46	2.88	2.99	4.46	4.86	—
	29.90	33.36	21.31	19.37	17.32	14.07	10.46	9.71	—
	0.00	0.00	0.00	0.00	0.00	0.00	-0.12	0.02	—
	29.90	33.36	21.31	19.37	17.32	14.07	10.34	9.72	—
	7.54	8.80	4.83	4.78	4.39	3.21	1.83	2.31	—
	22.35	24.57	16.48	14.59	12.93	10.87	8.51	7.41	—
	2.89	3.17	2.13	1.88	1.67	1.40	1.17	1.03	—
Key metrics
	30.82	34.38	22.51	20.41	18.04	14.76	11.21	10.61	—
	41.60%	52.50%	31.80%	35.40%	34.20%	36.40%	25.30%	29.60%	—
	30.20%	37.50%	23.20%	25.30%	24.50%	26.80%	19.20%	20.70%	—
	7.00%	—	5.60%	—	4.90%	—	3.20%	—	—
	40.30%	61.60%	60.30%	60.90%	—	—	—	—	—
	72.90%	126.00%	93.70%	96.90%	—	—	—	—	—

Metric	TTM	FY26	FY25	FY24
Income statement
	268.13	221.91	152.43	—
	9.10	5.42	3.30	—
	277.22	227.33	155.73	—
	173.28	155.25	116.28	—
	122.34	110.50	76.07	—
	0.00	0.00	2.32	—
	32.35	28.75	21.04	—
	1.07	1.00	1.41	—
	3.11	2.65	2.05	—
	14.41	12.36	13.40	—
	103.94	72.08	39.44	—
	0.00	0.00	0.00	—
	103.94	72.08	39.44	—
	25.95	17.20	9.13	—
	77.99	54.87	30.31	—
	10.07	7.09	4.17	—
Key metrics
	108.12	75.73	42.90	—
	40.32%	34.10%	28.10%	—
	29.09%	24.70%	19.90%	—
	—	19.00%	12.30%	—
	54.62%	45.60%	—	—
	96.35%	81.00%	—	—
	—	-51.95	20.81	—
	—	0.22	0.78	—
	—	0.03	0.02	—
	—	-18.69	-93.91	—
	—	104.5	82.6	—
Balance sheet
	—	423.35	362.36	—
	—	176.92	181.71	—
	—	28.81	100.77	—
	—	62.16	40.68	—
	—	15.79	8.18	—
	—	5.59	4.80	—
	—	37.20	34.85	—
	—	14.42	14.36	—
	—	38.09	29.08	—
	—	10.12	6.86	—
	—	10.12	6.86	—
	—	0.00	0.00	—
	—	384.95	333.06	—
Cash flow
	—	12.16	23.70	—
	—	-84.36	-121.27	—
	—	0.24	187.84	—
	—	64.11	2.89	—

Compounded growth

Standalone

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +54.62%
Profit YoY (TTM): +96.35%

Consolidated

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +89.92%
Profit YoY (TTM): +82.64%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 73.91%

Quarter	September 2026	June 2026
Promoter %	73.91%	73.91%

Holder	Type	Holding	Previous	Change
Bharanidharan Pandyan	Promoter	36.96%	36.96%	0.00%
Pandyan Family Trust	Promoter	24.22%	24.22%	0.00%
Thalavaidurai Pandyan	Promoter	12.73%	12.73%	0.00%
BANK OF INDIA MID CAP TAX FUND SERIES 1	Public	3.19%	—	—
Poomari Perumal	Promoter Group	0.00%	0.00%	0.00%
Ishaan Bharanidharan	Promoter Group	0.00%	0.00%	0.00%
Manorama Srinivasan	Promoter Group	0.00%	0.00%	0.00%
Chitra Pandyan	Promoter	0.00%	0.00%	0.00%
Nivetha Bharanidharan	Promoter Group	0.00%	0.00%	0.00%
S Lakshmishree	Promoter Group	0.00%	0.00%	0.00%
N S Shunmugaraman	Promoter Group	0.00%	0.00%	0.00%
Prema Venugopal	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Bharat Heavy Electricals Ltd.	1,47,639	424.00	51.29	6.50%	+29.08% TTM	+415.37% TTM	+58.68%
ABB India Limited S	1,43,123	6,754.00	46.67	—	+7.92% TTM	+66.43% TTM	+28.89%
CG Power and Industrial Solutions Limited	1,32,631	841.85	97.18	19.30%	+23.76% TTM	+28.33% TTM	+12.62%
HITACHI ENERGY INDIA LIMITED S	1,29,262	29,000.40	112.37	24.90%	+40.17% TTM	+127.73% TTM	+41.26%
Siemens Ltd.	1,25,176	3,515.00	42.11	20.80%	—	—	+12.74%
GE Vernova T&D India Limited S	1,09,206	4,265.10	76.00	58.50%	+41.34% TTM	+56.22% TTM	+35.57%
Siemens Energy India Limited S	1,05,412	2,960.00	70.85	26.10%	—	—	-8.69%
SUZLON ENERGY LTD.	51,481	37.45	22.79	27.00%	+33.90% TTM	-28.79% TTM	-37.58%
Thermax Ltd.	39,095	3,280.95	66.19	15.40%	+4.68% TTM	-11.68% TTM	+0.66%
SCHNEIDER ELECTRIC INFRASTRUCTURE LIMITED S	27,448	1,147.95	149.28	24.90%	+9.56% TTM	-29.50% TTM	+28.95%
TD Power Systems Ltd	23,403	728.05	85.10	30.30%	+54.29% TTM	+45.27% TTM	+77.57%
Azad Engineering Limited	16,664	2,580.35	119.64	11.50%	+28.72% TTM	+40.92% TTM	+55.76%
Triveni Turbine Limited	15,868	499.15	47.21	32.00%	+17.70% TTM	-1.90% TTM	-6.73%
KARAMTARA ENGINEERING LIMITED	12,315	382.65	—	—	+36.52% FY26	+64.18% FY26	—
Atlanta Electricals Limited	11,643	1,514.10	51.86	34.60%	—	—	+50.82%
QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED	11,249	1,452.55	50.36	27.30%	+89.92% TTM	+82.64% TTM	+50.72%
Inox Wind Limited	10,986	63.57	26.34	10.40%	+17.10% TTM	-14.81% TTM	-58.92%
VOLTAMP TRANSFORMERS LIMITED S	10,133	10,015.35	31.34	22.30%	+22.89% TTM	-1.63% TTM	+35.97%
Elecon Engineering Co.Ltd.	9,841	438.55	40.22	18.60%	+2.58% TTM	-52.69% TTM	-22.35%
Transformers and Rectifiers (India) Limited	9,527	317.40	30.44	25.40%	+27.23% TTM	+23.01% TTM	-24.26%
Kanohar Electricals Limited S	8,509	941.15	—	—	—	—	—
Skipper Limited	6,581	538.95	26.79	22.20%	+16.04% TTM	+47.75% TTM	+4.65%
Powerica Ltd.	6,316	499.05	—	11.20%	—	—	—
Transrail Lighting Limited	6,115	454.60	14.60	31.90%	+14.51% TTM	+0.35% TTM	-35.99%
GE Power India Limited	4,196	624.10	15.45	47.60%	+18.73% TTM	+9.86% TTM	+106.66%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Audio Recording of Earnings Conference call on Unaudited Financial Results for the second quarter and half year ended on 30th September 2026 held today i.e. 02nd November 2026.2 Nov 2026 · Company Update / Analyst / Investor Meet
Submission of a copy of a Newspaper advertisement of the unaudited financial results for the quarter and half year ended on 30th September 20262 Nov 2026 · Company Update / Newspaper Publication
Investor Presentation for Earnings Call for Q2 FY2027 scheduled on 2nd November 20261 Nov 2026 · Company Update / Investor Presentation
Intimation of Press Release about the financial results for the quarter and half year ended on 30th September 202631 Oct 2026 · Company Update / Press Release / Media Release
Unaudited Financial Results for the quarter and six months ended 30th September 202631 Oct 2026 · Result / Financial Results
Outcome Of The Board Meeting Held Today On 31st October 202631 Oct 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Q2 FY27 Earnings Conference Call with Analysts/Investors to discuss Unaudited (Standalone and Consolidated) Financial Results of the Company for the Quarter & half year ended ....28 Oct 2026 · Company Update / Analyst / Investor Meet
Quality Power Electrical Equipments Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/10/2026 ,inter alia, to consider and approve Unaudited ....28 Oct 2026 · Board Meeting / Board Meeting
Intimation of Addendum report to the valuation report in respect of the preferential issue of Equity Shares for consideration other than cash.23 Oct 2026 · Company Update / General
Intimation of Voting Results of the Extraordinary General Meeting of the Company held on 19th October 2026 along with the Scrutinizer''s Report21 Oct 2026 · AGM/EGM / EGM
Intimation of Commencement of manufacturing operations at the new Global Coil Factory at Kupwad MIDC, Sangli, Maharashtra.20 Oct 2026 · Company Update / General
Proceedings of the Extra Ordinary General Meeting of the Company held on Monday, 19th October 2026, through Video Conferencing/Other Audio-Visual means.19 Oct 2026 · AGM/EGM / EGM
Intimation of the commencement of the new Power Conversion Systems (PCS) manufacturing facility of our subsidiary, Endoks Energy Systems, in Turkey.17 Oct 2026 · Company Update / General
Submission of newspaper advertisement informing shareholders of the Company about dispatch of Corrigendum to the Notice of the EGM to be held on 19th October 202616 Oct 2026 · Company Update / Newspaper Publication
We hereby submit the corrigendum to the Notice of Extra Ordinary General Meeting to be held on 19th October 202615 Oct 2026 · AGM/EGM / EGM
Submission of a copy of the newspaper advertisement dated 10th October 2026 informing shareholders about the dispatch of a corrigendum to Notice of EGM to be held on 19th October 202610 Oct 2026 · Company Update / Newspaper Publication
Intimation of Certificate Received from RTA under Reg 74 (5) of DP Regulations.10 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
We hereby submit the Corrigendum to the Notice of Extra-Ordinary General Meeting to be held on October 19, 20269 Oct 2026 · AGM/EGM / EGM
Intimation of Voting Results of the 25th Annual General Meeting of the Company along with Scrutinizer''s Report30 Sep 2026 · AGM/EGM / AGM
Proceedings of the 25th Annual General Meeting of the Company held on Tuesday, 29th September 2026, through Video Conferencing/Other Audio-Visual Means.29 Sep 2026 · AGM/EGM / AGM
Intimation of Closure of Trading Window28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Newspaper Advertisement of dispatch of Notice and E-voting Information of Extra-Ordinary General Meeting of the Company scheduled to be held on 19th October 202627 Sep 2026 · Company Update / Newspaper Publication
Intimation of Extra-Ordinary General Meeting of the Company to be held on 19th October 2026 at 4.00 p.m. IST through Video Conferencing /Other Audio Visual Means (OAVM)26 Sep 2026 · AGM/EGM / EGM
Outcome of the Board Meeting held today, 23rd September 202623 Sep 2026 · Board Meeting / Outcome of Board Meeting
Quality Power Electrical Equipments Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/09/2026 ,inter alia, to consider and approve Intimation ....20 Sep 2026 · Board Meeting / Board Meeting
Submission for Newspaper Advertisement intimating the shareholders of the Company about the dispatch of the Notice & Annual Report 2025-26 and E-voting information of the 25th Annual General ....7 Sep 2026 · Company Update / Newspaper Publication
Intimation of Plant Visit by Investors/Analysts to the plant of Winwin Speciality Insulators Limited, which is proposed to be acquired/taken over by the Company.7 Sep 2026 · Company Update / Analyst / Investor Meet
Intimation of Issuance of Letters to Shareholders whose email IDs are not registered with the Company/RTA/Depository Participants5 Sep 2026 · Company Update / General
Intimation of Book Closure date for the purpose of 25th Annual General Meeting and Dividend for the financial year 2025-265 Sep 2026 · Corp. Action / Book Closure
Intimation of Record Date for the purpose of the 25th Annual General Meeting and Dividend for the Financial Year 2025-265 Sep 2026 · Corp. Action / Record Date
Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we herewith submit 25th Annual Report for the financial year ended 31st March, 2026.5 Sep 2026 · Others / Reg. 34 (1) Annual Report
Intimation of Annual General Meeting Scheduled to be held on 29th September 2026 at 4.00 pm IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM)5 Sep 2026 · AGM/EGM / AGM
Submission of a copy of the newspaper advertisement regarding the 25th Annual General Meeting of the Company scheduled to be held on 29th September 2026.5 Sep 2026 · Company Update / Newspaper Publication
Outcome of the Board Meeting held today, 2nd September 20262 Sep 2026 · Board Meeting / Outcome of Board Meeting
Quality Power Electrical Equipments Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/09/2026 ,inter alia, to consider and approve Intimation ....29 Aug 2026 · Board Meeting / Board Meeting
Intimation of participation in the Investor Conference arranged by Elara Securities (India) Private Limited to be held on 3rd September 2026 in Mumbai.26 Aug 2026 · Company Update / Analyst / Investor Meet
Submission of Transcript of Q1 FY27 Earnings Conference Call held on 10th August 2026.14 Aug 2026 · Company Update / Earnings Call Transcript
Submission of a copy of the newspaper advertisement of the unaudited financial results for the quarter ended 30th June 2026.11 Aug 2026 · Company Update / Newspaper Publication
Statement of Deviation or Variation under Regulation 32 of SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 for the Quarter ended 30th June 202611 Aug 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Monitoring Agency Report for the Quarter ended 30th June 202611 Aug 2026 · Company Update / Monitoring Agency Report

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.0000	22 Sep 2026	22 Sep 2026	—
Interim Dividend - Rs. - 0.2500	14 Aug 2026	14 Aug 2026	—
Final Dividend - Rs. - 1.0000	18 Sep 2025	18 Sep 2025	—

Board meetings

31 Oct 2026 Board Meeting - Financial Results
9 Aug 2026 Board Meeting - Financial Results