Quality Power Electrical Equipments Ltd
Quality Power Electrical Equipments Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
Current order book covers more than one year with INR 890+ crores confirmed and another INR 300+ crores expected soon. Company expects healthy, sustained growth driven by strong order book (currently INR 890+ crores) and expanding capacity.
From Quality Power Electrical Equipments Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Current order book covers more than one year with INR 890+ crores confirmed and another INR 300+ crores expected soon.
- Capacities are already stretched beyond 100% utilization across Mehru, Quality Power, Sukrut, and Endoks.
- Incremental revenue contributions expected from capacity expansions starting Q2 FY2027, with meaningful uptick by Q3-Q4 FY2027 as audits and approvals complete.
- Company expects an S-shaped growth curve: steady growth followed by hyper-growth post new capacity stabilization.
- New facilities, including Mehru expansion and Turkish plant, will drive future growth with potential for 3x increase at Sukrut and higher throughput at Endoks.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Quality Power Electrical Equipments Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Current capacities across all businesses (Quality Power, Mehru, Sukrut, Endoks) are stretched beyond 100%.
- Incremental capacity contributions from Mehru expected from Q2 FY2027.
- HVDC plant and cable factory expected to contribute revenue starting Q3-Q4 FY2027.
- Focus on organic growth with potential for inorganic acquisitions if attractive opportunities arise.
- Capital outlay for Mehru's greenfield facility estimated around $6 million, aiming for a $25-35 million facility within 2-3 years.
- Exploring expansion in Turkey due to cost and strategic advantages, with about 40 acres of land and cash available.
- No immediate plans for large capex beyond current expansions in next 24 months; will evaluate as needed.
2 more points management made on capital expenditure plans
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Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Quality Power Electrical Equipments Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current order book stands at about INR 890+ crores.
- An additional INR 300+ crores of orders are expected to be signed in the next few weeks.
- Orders cover more than one year of visibility.
- Order book breakup:
- Quality Power Electrical Equipments: INR 290-300 crores.
- Mehru: Over INR 400 crores.
- Endoks: Around INR 150-160 crores.
- Sukrut: INR 4-5 crores.
- New order intake likely in the next 45 days:
- Quality Power: INR 200+ crores.
- Endoks: INR 70-90 crores.
- Mehru: INR 100+ crores.
2 more points management made on order book & pipeline
Quality Power Electrical Equipments Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹281 Cr, net profit ₹51 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Quality Power El's management said in earlier quarters
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Frequently Asked Questions
What were Quality Power Electrical Equipments Ltd Q3 FY26 results?
Current order book covers more than one year with INR 890+ crores confirmed and another INR 300+ crores expected soon. Company expects healthy, sustained growth driven by strong order book (currently INR 890+ crores) and expanding capacity.
What is Quality Power Electrical Equipments Ltd share price analysis?
Quality Power Electrical Equipments Ltd currently shows a neutral. The stock trades at a P/E of 71.9 with a market cap of ₹8,722 Cr. Investors should review the full earnings analysis for detailed insights.
Is Quality Power Electrical Equipments Ltd planning capital expenditure?
Current capacities across all businesses (Quality Power, Mehru, Sukrut, Endoks) are stretched beyond 100%.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.