QPOWERCapital Goods

Quality Power Electrical Equipments Limited

Heavy Electrical Equipment · ISIN INE0SII01026 · BSE 544367 · NSE EQ · FV ₹10
Last price
₹1,453
+1.29%today
What this company does

Quality Power Electrical Equipments Limited operates in Heavy Electrical Equipment, part of the Capital Goods sector. It booked ₹273 cr of revenue in its latest quarter (Q2 FY27) and kept 15.6% 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:
65out of 100
Equitytale Health Score
Solid

Healthier than 65% of companies in Capital Goods, on the 5 of 6 measures we could read for it. Each measure is ranked against the 105–127 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)
50

At close. Not part of the score.

Profitability & returns87

How much profit it earns on the money it employs

Balance sheet68

How much it owes, and whether earnings cover the interest

Cash quality43

Whether reported profit actually arrives as cash

Valuation21

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 74% vs last year
✓ Promoters hold 74%
✓ No promoter shares pledged
✓ Strong 28% return on equity
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
None flagged from our data

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
₹1,453▲ +1.29%
latest close · 2026-11-04
52-wk low ₹1,06174 sessions so far52-wk high ₹1,681
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 ratio66.3High
LowAverageHigh
P/B ratio18.45High
Below bookModerateHigh
EV / EBITDA33.3High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity27.8%Strong
WeakFairStrong ▸15%
Return on capital35.1%Strong
WeakFairStrong
Net margin15.6%Strong
ThinDecentStrong
EBITDA margin30.8%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.05Comfortable
LowModerateHigh ▸1
Interest cover27.4×Strong
RiskyOkayStrong ▸5×
Current ratio2.23Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹11,249 cr
Book value
₹79
EPS
₹5.48
latest quarter
Net debt
₹-60 cr
more cash than debt
Enterprise value
₹11,189 cr
EBITDA
₹336 cr
annualised
EBIT
₹320 cr
annualised
Operating margin
29.4%
Return on assets
13.4%
Earnings yield
1.51%
P/S
10.32
Sales / share
₹140.8
Tax rate
17.4%
Face value
₹10
Shares
7.7 cr
Working capital
₹429 cr
Current assets
₹779 cr
Current liabilities
₹350 cr
Delivery %
46.1%
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 2026-11-04.

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–₹147, midpoint ₹123

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 · Q2 FY27 (consolidated)
Revenue from Operations₹273 cr
Other Income₹21 cr
Total Income₹294 cr
Cost of Materials₹117 cr
Purchases of Stock-in-Trade₹79 cr
Inventory Change (±)₹-36 cr
Employee Benefit Expense₹30 cr
Finance Costs₹3 cr
Depreciation & Amortisation₹4 cr
Other Expenses₹20 cr
Total Expenses₹216 cr
Profit before Tax₹77 cr
Tax Expense₹13 cr
Share of JV / Associates₹-40.2 L
Net Profit₹63 cr
Net margin on total income21.6%
Where the money goes · Q2 FY27
% of total income
Materials + stock-in-trade₹160 cr54.4%
Employee benefit expense₹30 cr10.3%
Finance costs₹3 cr1.0%
Depreciation & amortisation₹4 cr1.3%
Other expenses₹20 cr6.8%
Tax expense₹13 cr4.6%
Profit for the period₹63 cr21.6%
Total income ₹294 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue281 cr233 cr273 cr
Total income310 cr256 cr294 cr
Expenses256 cr197 cr216 cr
Profit before tax53 cr59 cr77 cr
Tax7 cr14 cr13 cr
Net profit (owners' share)34 cr36 cr42 cr
Net margin (owners' share, on revenue)12.1%15.5%15.6%
EPS (₹)4.384.665.48
YoY (latest quarter): total income +34.1% · net profit +74.4%
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹1,263 cr
Shareholder equity
₹610 cr
parent shareholders
Total debt
₹40 cr
Cash
₹99 cr
Cash flow · H1 FY27
Operating
₹7 cr
Investing
₹-88 cr
Financing
₹-3 cr
Peer comparison
Heavy Electrical Equipment · by market value
CompanyPriceMarket capP/E
Siemens Limited₹3,387₹7.53 L cr87.8
ABB India Limited₹6,605₹1.40 L cr94.6
Bharat Heavy Electricals Limited₹400₹1.39 L cr42.4
CG Power and Industrial Solutions Limited₹810₹1.28 L cr77.3
Hitachi Energy India Limited₹27,280₹1.22 L cr103.3
GE Vernova T&D India Limited₹4,050₹1.04 L cr60.1
Siemens Energy India Limited₹2,847₹1.01 L cr57.5
Suzlon Energy Limited₹36₹49,179 cr30.8
Thermax Limited₹3,151₹35,498 cr351.7
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.09%
trailing 12 months
Dividend / share (TTM)
₹1.25
Last dividend
₹1
ex 22 Sep 2026
ActionDetailEx-date
Dividend₹1 / share22 Sep 2026
Dividend₹0.25 / share14 Aug 2026
Dividend₹1 / share18 Sep 2025
Who owns it · 2026-09-30
No pledge
Promoter
73.9%
FII / Foreign
3.0%
DII / Domestic
5.6%
Retail / others
17.6%
Smart-money activity
Bulk / block deals
short— · NSE129 Jun 26
short— · NSE21622 Jun 26
short— · NSE318 Jun 26
What shareholders were asked to approve
6 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.

Special shareholder meeting · 19 Oct 2026
See the official result
1
Issuance of equity shares to certain selling shareholders of Winwin Speciality Insulators Limited by way of preferential issue (for consideration other than cash / share swap)
Backed by 77% of shareholders other than promotersneeded 75%
42.97 L votes for, 12.62 L against · 24% of mutual funds and other big investors said no
2
Approval of Raising of Capital Through Qualified Institutions Placement (QIP)
Backed by 100% of shareholders other than promotersneeded 75%
55.58 L votes for, 0 against · 0% of mutual funds and other big investors said no
3
To consider and approve Related Party Transaction(s) between (a) the Company and (b) the Promoters and the members of the Promoter Group of the Company
Promoters had a personal stake in this
Backed by 91% of shareholders other than promotersneeded 50%
50.55 L votes for, 5.04 L against · 10% 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 2026-09-30
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.