QPOWERCapital Goods

Quality Power Electrical Equipments Limited

Heavy Electrical Equipment · ISIN INE0SII01026 · BSE 544367 · NSE EQ · FV ₹10
Last price
₹1,490
+4.70%today
What this company does

Quality Power Electrical Equipments Limited operates in Heavy Electrical Equipment, part of the Capital Goods sector. It booked ₹233 cr of revenue in its latest quarter (Q1 FY27) and kept 15.5% of sales as profit.

QUALITY POWER What is HVDC The Backbone of Long-Distance Power High-Voltage Direct Current (HVDC) is a method of transmitting electricity using direct current at very high voltages. It is widely used to move large amounts of power over long distances with lower electrical losses than conventional alternating-current (AC) lines, and it is often more cost-effective beyond a certain range.
In the report:
63out of 100
Equitytale Health Score
Mixed

Healthier than 63% of companies in Capital Goods, on the 5 of 6 measures we could read for it. Each measure is ranked against the 90–113 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
61

At close. Not part of the score.

Profitability & returns82

How much profit it earns on the money it employs

Balance sheet71

How much it owes, and whether earnings cover the interest

Cash quality44

Whether reported profit actually arrives as cash

Valuation18

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Strong 16% net margin
Sales up 32% vs last year
Profit up 50% vs last year
Promoters hold 74%
No promoter shares pledged
Strong 27% return on equity
Virtually debt-free
Watch-outs
! Operating cash flow is negative

What if I invest in QPOWER?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹1,490 +4.70%
latest close · 2026-09-17
52-wk low ₹1,06142 sessions so far52-wk high ₹1,570
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio79.9High
LowAverageHigh
P/B ratio21.29High
Below bookModerateHigh
EV / EBITDA44.0High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity26.6%Strong
WeakFairStrong ▸15%
Return on capital29.8%Strong
WeakFairStrong
Net margin15.5%Strong
ThinDecentStrong
EBITDA margin27.8%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.05Comfortable
LowModerateHigh ▸1
Interest cover43.7×Strong
RiskyOkayStrong ▸5×
Current ratio2.48Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹11,538 cr
Book value
₹70
EPS
₹4.66
latest quarter
Net debt
₹-148 cr
more cash than debt
Enterprise value
₹11,389 cr
EBITDA
₹259 cr
annualised
EBIT
₹243 cr
annualised
Operating margin
26.1%
Return on assets
13.0%
Earnings yield
1.25%
P/S
12.40
Sales / share
₹120.2
Tax rate
23.2%
Face value
₹10
Shares
7.7 cr
Working capital
₹438 cr
Current assets
₹732 cr
Current liabilities
₹295 cr
Delivery %
51.5%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹71₹131, midpoint ₹116

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹233 cr
Other Income₹24 cr
Total Income₹256 cr
Cost of Materials₹123 cr
Purchases of Stock-in-Trade₹26 cr
Inventory Change (±)₹-14 cr
Employee Benefit Expense₹27 cr
Finance Costs₹1 cr
Depreciation & Amortisation₹4 cr
Other Expenses₹29 cr
Total Expenses₹197 cr
Profit before Tax₹59 cr
Tax Expense₹14 cr
Share of JV / Associates₹1 cr
Net Profit₹47 cr
Net margin on total income18.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹135 cr52.6%
Employee benefit expense₹27 cr10.7%
Finance costs₹1 cr0.5%
Depreciation & amortisation₹4 cr1.5%
Other expenses₹29 cr11.2%
Tax expense₹14 cr5.4%
Profit for the period₹47 cr18.1%
Total income ₹256 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue284 cr281 cr233 cr
Total income284 cr310 cr256 cr
Expenses210 cr256 cr197 cr
Profit before tax74 cr53 cr59 cr
Tax11 cr7 cr14 cr
Net profit (owners' share)39 cr34 cr36 cr
Net margin (owners' share, on revenue)13.7%12.1%15.5%
EPS (₹)5.034.384.66
YoY (latest quarter): total income +32.1% · net profit +49.6%
Balance sheet & cash flow · as of Mar 2026
Debt-free
Total assets
₹1,112 cr
Shareholder equity
₹542 cr
parent shareholders
Total debt
₹35 cr
Cash
₹184 cr
Cash flow · H1 FY26
Operating
₹-12 cr
Investing
₹-80 cr
Financing
₹24 cr
Peer comparison
Heavy Electrical Equipment · by market value
CompanyPriceMarket capP/E
Siemens Limited₹3,764₹8.37 L cr97.6
ABB India Limited₹7,131₹1.51 L cr102.1
Bharat Heavy Electricals Limited₹429₹1.49 L cr99.4
Hitachi Energy India Limited₹31,230₹1.39 L cr118.3
CG Power and Industrial Solutions Limited₹880₹1.39 L cr110.6
GE Vernova T&D India Limited₹4,341₹1.11 L cr76.5
Siemens Energy India Limited₹3,109₹1.11 L cr62.8
Suzlon Energy Limited₹43₹58,505 cr48.3
Thermax Limited₹3,570₹40,210 cr398.4
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.02%
trailing 12 months
Dividend / share (TTM)
₹0.25
Last dividend
₹0.25
ex 14 Aug 2026
ActionDetailEx-date
Dividend₹0.25 / share14 Aug 2026
Dividend₹1 / share18 Sep 2025
Who owns it · 2026-06-30
No pledge
Promoter
73.9%
FII / Foreign
3.4%
DII / Domestic
6.5%
Retail / others
16.3%
Smart-money activity
Bulk / block deals
short · NSE129 Jun 26
short · NSE21622 Jun 26
short · NSE318 Jun 26
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Sep 2025
See the official result
1
To receive, consider and adopt the audited Standalone Financial Statements as at 31st March, 2025 along with the Reports of the Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
53.65 L votes for, 854 against · 0% of mutual funds and other big investors said no
2
To receive, consider and adopt the Audited Consolidated Financial Statements as at 31st March, 2025 along with the Reports of the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
53.15 L votes for, 856 against · 0% of mutual funds and other big investors said no
3
To declare a Dividend of ? 1/- (Rupee One) per equity share of face value of ? 10/- each for the financial year ended 31st March, 2025, to the Non-Promoter category shareholders, as the Promoters of the Company have waived off their right to receive the dividend.
Backed by 100% of shareholders other than promotersneeded 50%
53.64 L votes for, 1,438 against · 0% of mutual funds and other big investors said no
4
To appoint a Director in place of Mrs. Chitra Pandyan (DIN: 02602659) who retires by rotation and being eligible offers herself for re-appointment.
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
53.64 L votes for, 919 against · 0% of mutual funds and other big investors said no
6
Approval for payment of remuneration to Non-Executive Directors of the Company.
⚑ Passed only because promoters voted yes
Backed by 43% of shareholders other than promotersneeded 75%
22.89 L votes for, 30.26 L against · 66% of mutual funds and other big investors said no
7
Approval for giving Loans/Guarantees or providing securities.
⚑ Passed only because promoters voted yes
Backed by 40% of shareholders other than promotersneeded 75%
21.06 L votes for, 32.10 L against · 70% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 11 named members
owning 73.9% between them · as of 2026-06-30
Bharanidharan Pandyan36.96%
Pandyan Family Trust24.22%
Thalavaidurai Pandyan12.73%
Chitra Pandyanno shares
Ishaan Bharanidharanno shares
Manorama Srinivasanno shares
Nivetha Bharanidharanno shares
N S Shunmugaramanno shares
Business done with them
FY2025 · 4 of the group
The company paid ₹6 cr to companies in the promoter group last year — about 1.7% of its ₹337 cr revenue.
Bharanidharan Pandyan
Other payments to them · Mentioned below
also owns 36.96% of the company
₹2 cr
company paid
Thalavaidurai Pandyan
Other payments to them · Mentioned below
also owns 12.73% of the company
₹2 cr
company paid
Nivetha Bharanidharan
Other payments to them · Mentioned below
₹86.4 L
company paid
Chitra Pandyan
Other payments to them · Mentioned below
₹49.5 L
company paid

The company also transacted with 14 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.