Parth Electricals & Engineering Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹690 Cr
- P/E
- 48.46
- ROE
- 18.73%
- PEG
- 0.61
- Price to sales
- 3.48
- Debt to equity
- 0.15
- 52W high / low
- ₹574 / ₹197
- EBITDA margin
- 10.53%
- Net profit margin
- 7.19%
- Promoter holding
- 61.22%
- Sales (last year)
- ₹198 Cr
Established in May 2007, Parth Electricals & Engineering Limited is a service-oriented firm evolved into a manufacturing entity specializing in electrical equipment.[1]
Guidance scorecard · Q4 FY26 call
What Parth Electricals & Engineering Ltd's management guided
and where it ranks in Electrical Equipment
Electrical Equipment
RevenueQ4 FY26 call
20–40%- Parth Electricals targets 25%-30% growth in sales revenue over the next 3-5 years driven by new factories and product launches.
- The new GIS plant is expected to add INR 200 crores in incremental revenue once fully operational.
- The revamped Odisha facility is projected to contribute an additional INR 100 crores in sales revenue.
- Combined, both new facilities can add around INR 300 crores to top-line revenue at full capacity.
- Exports are a focus area; FY26 export revenue was INR 31 crores, with plans to increase exports to 20%-25% of total revenue going forward.
- Expansion into new markets (USA, Zambia) and products (Intelligent Motor Control Centers, medium voltage panels) are expected to drive growth.
2 more points from Parth Electricals & Engineering Ltd's call on revenue
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MarginsQ4 FY26 call
Up 0–2%See what Parth Electricals & Engineering Ltd said on margins — free account, 30 seconds.
CapexQ4 FY26 call
Planned- Ongoing heavy capex cycle, with total capex raised of INR62 crores from pre-IPO and IPO funds.
- INR20 crores allocated for GIS manufacturing facility in Karachiya, Baroda; expected commissioning by September 2026.
- INR19 crores allocated for setting up a new facility in Odisha (2.5 acres allotted); currently revamping rented facility (~40,000 sq. ft) with additional leased space under development.
- Expected incremental revenue from new GIS plant ~INR200 crores and Odisha facility ~INR100 crores at full capacity, totaling INR300 crores revenue growth.
2 more points from Parth Electricals & Engineering Ltd's call on capex
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FundraisingQ4 FY26 call
PlannedSee what Parth Electricals & Engineering Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY26 call
Rising- The current order book stands at approximately INR 271.59 crores, with EPC orders constituting INR 144.57 crores.
- EPC orders include significant projects like INR 85 crores for RMUs and INR 45 crores for a 66kV by 11kV GIS substation at Deendayal Port.
- The majority of execution and revenue from these orders are planned for FY 2027, with minimal spillover into FY 2028.
- There is a strong pipeline of orders expected beyond the current book, with a focus on value-added orders to enhance top-line and bottom-line growth.
- Repeat orders in data center projects are highly probable, with initial orders from manufacturers like Vertiv leading to inquiries from additional customers.
2 more points from Parth Electricals & Engineering Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Electrical Equipment
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Electrical Equipment companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹72,673 Cr | 18.1 | |
| 2 | 40%+ | Up 2%+ | ₹21,700 Cr | 158.1 | |
| 3 | 40%+ | Up 2%+ | ₹491 Cr | 12.2 | |
| 4 | 40%+ | Up 0–2% | ₹12,434 Cr | 48.4 | |
| 5 | 40%+ | Up 0–2% | ₹2,042 Cr | 35.4 | |
| 6 | 40%+ | Up 0–2% | ₹529 Cr | 7.0 |
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Pro shows every company guiding 40%+ revenue growth →Full Electrical Equipment rankingParth Electricals & Engineering Ltd announcements
All announcements →Financials of Parth Electricals & Engineering Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
Parth Electricals & Engineering Ltd
Shareholding breakup across reporting periods.
| Sep 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|
| Promoters + | 62.57% | 62.57% | 61.22% |
| FIIs + | 4.80% | 1.77% | 1.12% |
| DIIs + | 0.76% | 0.43% | 0.58% |
| Public + | 31.88% | 35.23% | 37.08% |
| No. of Shareholders | 816 | 1,021 | 1,210 |
Financials of Parth Electricals & Engineering Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of Parth Electricals & Engineering Ltd
Profit & Loss
Annual income statement trend
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Sales + | 38 | 66 | 87 | 175 | 198 |
| Expenses + | 38 | 61 | 78 | 157 | 177 |
| Operating Profit | -0 | 4 | 9 | 18 | 21 |
| OPM % | -0.3% | 7% | 10% | 10% | 11% |
| Other Income + | 1 | 0 | 0 | 2 | 3 |
| Interest | 1 | 1 | 2 | 4 | 2 |
| Depreciation | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | -2 | 3 | 6 | 14 | 19 |
| Tax % | 0% | 11% | 25% | 25% | 26% |
| Net Profit + | -2 | 2 | 5 | 10 | 14 |
| EPS in Rs | 10.42 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Financials of Parth Electricals & Engineering Ltd
Balance Sheet
Capital structure and asset base
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.95 | 0.95 | 1 | 10 | 14 |
| Reserves | 6 | 9 | 13 | 31 | 98 |
| Borrowings + | 9 | 8 | 16 | 33 | 17 |
| Other Liabilities + | 19 | 33 | 36 | 33 | 59 |
| Total Liabilities | 35 | 51 | 67 | 107 | 188 |
| Fixed Assets + | 7 | 7 | 12 | 16 | 27 |
| CWIP | 0 | 0 | 0 | 6 | 13 |
| Investments | 0 | 1 | 1 | 1 | 1 |
| Other Assets + | 28 | 43 | 53 | 83 | 146 |
| Total Assets | 35 | 51 | 67 | 107 | 188 |
Financials of Parth Electricals & Engineering Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from Operating Activity + | 0 | 3 | 8 | 0 | -4 |
| Cash from Investing Activity + | 0 | -1 | -8 | -10 | -18 |
| Cash from Financing Activity + | -1 | -2 | 6 | 30 | 38 |
| Net Cash Flow | -0 | 0 | 6 | 20 | 16 |
| Free Cash Flow | 0 | 3 | 0 | -11 | -25 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -200% | 72% | 82% | 21% | 0% |
Financials of Parth Electricals & Engineering Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 157 | 145 | 105 | 59 | 64 |
| Inventory Days | 62 | 70 | 60 | 39 | 104 |
| Days Payable | 240 | 212 | 179 | 48 | 95 |
| Cash Conversion Cycle | -21 | 3 | -14 | 50 | 72 |
| Working Capital Days | -7 | -1 | -31 | -33 | 35 |
| ROCE % | 22% | 33% | 33% | 21% |
Guidance history
How Parth Electricals & Engineering Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q4 FY26 call → | 20–40% | Up 0–2% | Planned | Planned | Rising |
| Q2 FY26 call → | 20–40% | Up 2%+ | Planned | — | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
85 out of 100 — Strengthening
Over the past year its share price has done better than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +85.8% | 92% |
| Last 6 months | +43.4% | 87% |
| Last 3 months | +2.3% | 68% |
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Parth Electricals & Engineering Ltd: 0.4 × 92 + 0.4 × 87 + 0.2 × 68 = 85.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 29 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Parth Electricals & Engineering Ltd's management said in earlier quarters
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