QP

Quality Power Electrical Equipments Ltd

Q4 FY26Electrical Equipment

Quality Power Electrical Equipments Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹1,306
Market cap₹8.7K Cr
P/E71.9
Updated23 Aug 2026
Read5 min read

The short version

FY27 expected to have 15%-20% revenue growth, considered a "muted" growth year due to ongoing capacity expansion and audit timelines. Anticipated revenue growth of 15%-20% in FY27, with muted growth due to new facility ramp-up and order intake timing.

From Quality Power Electrical Equipments Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • FY27 expected to have 15%-20% revenue growth, considered a "muted" growth year due to ongoing capacity expansion and audit timelines.
  • FY28 anticipated to see over 50% growth, following an S-curve growth trajectory.
  • Business is building new capacities with planned order intake increase starting Q2 and Q3 to support this.
  • Order book target for FY28 start: INR 1,500 - 1,800 crores.
  • Growth driven primarily by Endoks currently; new factories expected to come online by late FY27 (Dec-Jan trial production).
  • Supply chain constraints (e.g., insulator delays) currently cap growth but active mitigation strategies (vertical integration and potential investments) are underway.

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

  • Active deployment underway across various facilities including:
  • Sangli global coil manufacturing facility
  • HVDC, PCS, CTC, magnet wire facility on track for Q3 FY27 commissioning
  • Mehru's INR 17.2 crores capex program for GIS and high-voltage testing equipment
  • New Endoks PCS facility at Nigde targeted for December 2026
  • Board approved an enabling authorization to raise up to USD 75 million for international expansion, acquisitions, and technology investments; funds to be drawn as required.
  • New ovens at main facility expected by September, supporting future growth.
  • Focus on organic expansions alongside potential acquisitions.
  • Plans to vertically integrate to address supply chain constraints (e.g., cables, insulators).

2 more points management made on capital expenditure plans

Top-ranked in Electrical Equipment

Ranked on what management guided this quarter

5x potential
1Waaree Energies
Rev 1Mar 1
2MTAR Technologie
Rev 1Mar 1
3
Rev 1Mar 1
4
Rev 1Mar 2
5
Rev 1Mar 2
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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

  • As of the latest update, the order book stands at approximately INR 1,400 crores.
  • The company aims to target an order book of INR 1,500 crores to INR 1,800 crores before the start of FY28.
  • Order books typically represent about 12 months of work.
  • Execution capacity limits order intake; supply chain constraints, especially on insulators with 18-24 months delivery times, cap growth.
  • New facilities coming online will support increased order intake in Q2 and Q3 FY27.
  • The company is selectively taking strategic orders due to current delivery capabilities.

2 more points management made on order book & pipeline

Quality Power Electrical Equipments Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹281 Cr, net profit ₹51 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Quality Power Electrical Equipments Ltd Q4 FY26 results?

FY27 expected to have 15%-20% revenue growth, considered a "muted" growth year due to ongoing capacity expansion and audit timelines. Anticipated revenue growth of 15%-20% in FY27, with muted growth due to new facility ramp-up and order intake timing.

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?

Active deployment underway across various facilities including: - Sangli global coil manufacturing facility - HVDC, PCS, CTC, magnet wire facility on track for Q3 FY27 commissioning - Mehru's INR 17.2 crores capex program for GIS and high-voltage testing equipment - New Endoks PCS facility at Nigde targeted for December 2026 - Board approved an enabling authorization to raise up to USD 75 million for international expansion, acquisitions, and technology investments; funds to be drawn as required.

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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.