Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Quality Power Electrical Equipments Limited

NSE: QPOWERHeavy Electrical Equipment

Share price

₹1,547.40

+0.99% close of 9 Oct 2026

Market cap ₹11,915 CrP/E 89.4

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

62

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹11,915 Cr

P/E ratio

89.4

P/B ratio

22.1

ROCE

31.7%

ROE

25.3%

Dividend yield

0.1%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹1,648.8052-week low ₹595.10

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step down at Mar 2024 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step down at Mar 2024 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

Priced at 1.1 times its growth rate, on earnings growth of 81%.

Profit growthPrice per ₹1 profitPer 1% growth
Quality Power Electrical Equipments Limited — this one81%/yr89.4×₹1.1
Bharat Heavy Electricals36%/yr62.0×₹1.7
ABB India—92.4×—
Hitachi Energy India Limited122%/yr119.9×—
CG Power and Industrial Solutions Limited10%/yr105.9×₹10.6
Siemens India23%/yr85.0×₹3.7

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Heavy Electrical Equipment), it ranks 12 of 36 on returns, 4 of 31 on growth, 12 of 36 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A narrow advantage: it earns 31.7% on capital, ahead of 67% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹240 crore of cash from the business and spent ₹190 crore on plant and equipment, with ₹50 crore to spare; it still raised ₹212 crore from lenders and shareholders. And the profit is real: of every 100 rupees it reported over 5 years, about 57 arrived as cash. Its cash comes back more slowly than it used to: it went from being waiting 44 days for its cash to waiting 71 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 10 checks clear · 80%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue grew 31% and the order book reached ₹1,945 crore, past the target set for next April.

Announced 9 Aug 2026 · Consolidated · Unaudited

Revenue

₹233 Cr

Revenue vs last year

+31.7%

Revenue vs last quarter

-17.1%

Net profit

₹47 Cr

Profit vs last year

+26.3%

Profit vs last quarter

-8.4%

Net margin

20.1%

EPS

₹4.66

Earnings call transcript · 10 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹11,915 Cr
Prev close
₹1,547.40
52w High
₹1,681
52w Low
₹581
Enterprise value
₹11,702 Cr
Beta
1.4
Price CAGR 1y
58.0%
Price CAGR 3y
—
Price CAGR 5y
—
Price CAGR 10y
—

Ratios

Return on assets
16.8%
PEG ratio
1.1
P/E ratio
89.4
P/B ratio
22.1
EV / EBITDA
62.9
Industry P/E
48.8
ROCE
31.7%
ROCE 5y average
29.8%
ROE
25.3%
Debt / Equity
0.1
Interest coverage
31.9
Dividend yield
0.1%
ROE 3y average
25.0%
ROE last year
25.0%

Annual P&L

Annual revenue
₹947 Cr
Annual profit
₹186 Cr
Operating margin
19.0%
Net profit margin
19.6%
EBITDA margin
18.8%
Sales growth 3y
55.3%
Sales growth 5y
—
Profit growth 3y
81.0%
Profit growth 5y
—
EPS
₹15.7
Sales growth TTM
122.0%
Profit growth TTM
90.0%
Dividend payout
6.0%

Quarter P&L

Sales latest quarter
₹233 Cr
Profit latest quarter
₹47 Cr
YoY quarterly sales growth
31.7%
YoY quarterly profit growth
27.0%
OPM latest quarter
17.6%

Balance Sheet

Book Value
₹70.4
Face Value
₹10.0
Total debt
₹40 Cr
Total cash
₹248 Cr
Borrowings
₹40 Cr
Reserves / Equity
6.0

Cash Flow

Operating cash flow
₹80 Cr
Free cash flow
-₹31 Cr
FCF yield
-0.3%
Net cash flow
₹3 Cr

Shareholding

Promoter holding
73.9%
FII holding
3.4%
DII holding
6.5%
Public holding
16.3%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
B H E L437.7562.71,52,4270.31376.7182.77,697.740.39.1
A B B6,892.0094.81,46,0470.57362.38.03,558.921.029.9
Hitachi Energy31,185.15116.71,39,0000.03294.2123.52,493.768.629.4
CG Power & Ind876.55108.41,38,0980.15308.316.33,280.814.026.7
Siemens3,706.6087.81,32,0000.482,143.1-18.64,713.714.821.4
Siemens Ener.Ind3,265.4576.21,16,2890.12440.967.82,485.639.367.8
GE Vernova T&D4,221.0080.01,08,0790.23363.024.61,836.138.077.4
Quality Power El1,542.5589.711,9460.0646.749.6232.731.731.7
Median437.7533.15,8800.0441.215.5466.320.123.5

Competes with: ABB India, Bharat Heavy Electricals, CG Power and Industrial Solutions Limited, GE Vernova T&D India Limited, Hitachi Energy India Limited, Siemens Energy India Limited, Siemens India

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales14239619473108177206284281233
Expenses1312638865592146170205251192
Material Cost7998127140144123
Change in Inventories-7.565.04-0.15-6.6616-14
Purchases of Stock-in-Trade04.604.07315.5526
Employee Cost112524232627
Other Expenses9.581414185929
Operating Profit111424817163136793041
OPM %7.5134388.5824151818281118
Other Income69188621171302924
Exceptional items (within Other Income)-0.3700000
Interest10111012121
Depreciation11111233344
Profit before tax1522411422364444745359
Tax %71918510141621151323
Net Profit1418331320303735635147
EPS in Rs74,9332.114.341.621.922.513.123.145.034.384.66
Diluted EPS in Rs2.673.123.145.034.384.66

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1832533023379471,003
Expenses159221263271769817
Material Cost208511
Change in Inventories-9.6015
Purchases of Stock-in-Trade2.3245
Employee Cost3496
Other Expenses37104
Operating Profit23323967178186
OPM %131313201919
Other Income292030525866
Exceptional items (within Other Income)-1.630
Interest1322.4477
Depreciation223.374.701314
Profit before tax494863112216232
Tax %1416121116
Net Profit424055100186195
EPS in Rs1,10,1331,37,4005.198.541617
Diluted EPS in Rs9.1016
Dividend Payout %000126

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
—
3 years
55%
TTM
122%

Compounded profit growth

10 years
—
5 years
—
3 years
81%
TTM
90%

Stock price CAGR

10 years
—
5 years
—
3 years
—
1 year
58%

Return on equity

10 years
—
5 years
24%
3 years
25%
Last year
25%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.150.15727777
Reserves9211281347465
Borrowings121138940
Other Liabilities149189167377526
Minority Interest169231
Total Liabilities2533123598101,108
Fixed Assets344066238267
CWIP012273
Investments031483719
Other Assets219241243533750
Total Assets2533123598141,108

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity944525580
Cash from Investing Activity-13-55-81-93-95
Cash from Financing Activity2-42517118
Net Cash Flow-3-14-41333
Free Cash Flow428940-31

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days108949614793
Inventory Days1391094318574
Days Payable93120116166105
Cash Conversion Cycle154822316663
Working Capital Days445-3311971
ROCE %28312832

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemMar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters747474747474
FIIs3.991.972.131.972.283.37
DIIs8.7665.926.035.976.45
Public131818181816
No. of Shareholders81,10658,12962,59664,04873,93085,706

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +55.1% (₹997.40 → ₹1,547.40)Brick size ₹79.39 (fixed)Bricks 25
₹1,000₹1,547Dec '25Apr '26Jul '26Oct '26
Price moved up one brickPrice moved down one brickLast close ₹1,547.40 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-213inr_cr

2026-03-31

order book, Rs crore

1,945inr_cr

2026-06-30

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Quality Power Electrical Equipments Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • CRGO / grain-oriented electrical steel
  • aluminium
  • capacitor elements
  • copper (windings)
  • epoxy resins / insulation materials
  • insulators / bushings
  • power electronic semiconductors (thyristors, IGBTs)

Depends on the price of

  • aluminium
  • copper
  • steel

Sells to

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Heavy Electrical Equipment
Classification
Capital Goods › Heavy Electrical Equipment
ISIN
INE0SII01026

Plants

  • Aluva / Cochin manufacturing facility · Aluva / Cochin, Kerala
  • Ankara facility · Ankara, Turkey
  • Bhiwadi manufacturing facility · Bhiwadi, Rajasthan
  • Chennai facility · Chennai, Tamil Nadu
  • Sangli manufacturing facilities · Sangli / Kupwad, Maharashtra

News impact

Big market events that reach Quality Power Electrical Equipments Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

22 Sep 2026unspecified₹1
14 Aug 2026interim₹0.25
18 Sep 2025unspecified₹1

Splits, bonuses & buybacks

  • daily-prices repair: 3 rows from NSE's archive (replace 1, delete 1, insert 1), 2025-03-18..2026-02-01 (docs/flat_day_repair.md)1× · 18 Mar 2025

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.