Quality Power Elec Equp L
NSE: QPOWER · Heavy Electrical Equipment · sector
₹1,357.00NSE close 2026-10-26
Key numbers
Market cap₹10,509 cr
Price₹1,357.00
52w high / low₹1,681 / ₹581
P/E78.8xSector median 27.8x
P/B19.4xSector median 5.4x
Book value₹70.0
Dividend yield0.02%Sector median 0.19%
ROE27.6%Sector median 18.8%
ROCE41.3%Sector median 21.4%
OPM18.6%Sector median 15.1%
Debt / equity0.07xSector median 0.09x
EV/EBITDA55.2xSector median 21.4x
Interest cover34.3x
Current ratio2.48x
Sales growth 3y–Sector median +22.1%
Profit growth 3y–Sector median +27.5%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 43 companies in Heavy Electrical Equipment (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹253 cr vs borrowings ₹35 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 34.3x in the last 12 months.
- Other income was 50% of net profit in the last 12 months.
- Dividend paid in 1 of the last 2 financial years.
- Price ₹1,357.00 on 2026-10-26: -19.3% from the 52-week high, +133.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹1,564.60 · low ₹273.50
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 73 | 108 | 177 | 206 | 284 | 281 | 233 |
| EBITDA | 16 | 16 | 31 | 36 | 79 | 30 | 41 |
| OPM % | 22.6% | 14.7% | 17.5% | 17.6% | 27.8% | 10.8% | 17.6% |
| Other income | 7 | 22 | 17 | 13 | 0 | 29 | 24 |
| Net profit | 14 | 19 | 24 | 24 | 39 | 34 | 36 |
| EPS (₹) | 1.92 | 2.67 | 3.12 | 3.14 | 5.03 | 4.38 | 4.66 |
| Revenue YoY | +291.3% | +159.2% | +31.7% | ||||
| Profit YoY | +181.4% | +74.8% | +49.6% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY25 | FY26 | TTM |
|---|---|---|---|
| Revenue | 337 | 947 | 1,003 |
| EBITDA | 64 | 176 | 186 |
| Net profit | 66 | 121 | 133 |
| EPS (₹) | 9.10 | 15.67 | 17.21 |
| Revenue growth | +181.4% | – | |
| Profit growth | +83.4% | – | |
| Dividend / share (₹) | – | 1.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | +40.7% |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 424 | 542 |
| Borrowings | 9 | 35 |
| Cash & equivalents | 244 | 253 |
| Total assets | 814 | 1,112 |
| Fixed assets | 217 | 229 |
| Capital work in progress | 2 | 73 |
| Investments | 3 | 13 |
| Receivables | 137 | 242 |
| Inventory | 102 | 116 |
| Payables | 92 | 164 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 62 | 80 |
| Cash from investing | -93 | -95 |
| Cash from financing | 171 | 18 |
| Capex | 25 | 129 |
| Free cash flow | 38 | -49 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 15.6% | 22.4% |
| ROCE % | 26.5% | 38.7% |
| Debtor days | 149 | 93 |
| Inventory days | 185 | 74 |
| Payable days | 167 | 105 |
| Cash conversion cycle (days) | 167 | 62 |
| Working capital days | 387 | 169 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 73.91% |
| FIIs | 2.95% |
| DIIs | 5.57% |
| of which Mutual funds | 4.00% |
| Public (non-institutions) | 17.57% |
| Quarter | Feb 2025 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 73.91% | 73.91% | 73.91% | 73.91% | 73.91% | 73.91% | 73.91% | 73.91% |
| Promoter group | % |
|---|---|
| Bharanidharan Pandyan | 36.96% |
| Pandyan Family Trust | 24.22% |
| Thalavaidurai Pandyan | 12.73% |
| Chitra Pandyan | 0.00% |
| Ishaan Bharanidharan | 0.00% |
| S Lakshmishree | 0.00% |
| Manorama Srinivasan | 0.00% |
| Nivetha Bharanidharan | 0.00% |
| Prema Venugopal | 0.00% |
| N S Shunmugaraman | 0.00% |
| Poomari Perumal | 0.00% |
| Public holders above 1% | % |
|---|---|
| Bank of India MID CAP TAX Fund Series 1 | 3.19% |
90,902 shareholders. Pledged: – of promoter shares.
Peers in Heavy Electrical Equipment
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| BHEL | ₹1,37,384 cr | 47.7x | 5.1x | 11.2% | 13.5% | 10.1% | +13.1% | 0.12% |
| ABB | ₹1,34,715 cr | 45.1x | 14.4x | 36.1% | 22.4% | 14.0% | – | – |
| CGPOWER | ₹1,31,237 cr | 104.9x | 16.5x | 16.5% | 21.3% | 12.5% | +30.7% | 0.16% |
| POWERINDIA | ₹1,19,751 cr | 104.0x | 23.1x | 24.5% | 29.9% | 14.9% | +22.2% | 0.02% |
| SIEMENS | ₹1,16,725 cr | 35.6x | 8.4x | 25.0% | 14.2% | 10.0% | +41.0% | 0.37% |
| ENRIN | ₹98,074 cr | 65.9x | 20.4x | 34.3% | 42.0% | 20.9% | – | 0.14% |
| GVT&D | ₹97,043 cr | 74.3x | 36.1x | 58.5% | 65.5% | 25.2% | +30.8% | 0.13% |
| SUZLON | ₹51,051 cr | 16.3x | 5.4x | 40.4% | 29.2% | 17.7% | +41.0% | – |
| THERMAX | ₹35,902 cr | 60.5x | 6.5x | 11.3% | 12.5% | 8.6% | +9.8% | 0.44% |
| QPOWER | ₹10,509 cr | 78.8x | 19.4x | 27.6% | 41.3% | 18.6% | – | 0.02% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-22 | Dividend | Dividend - Re 1 Per Share |
| 2026-08-14 | Dividend | Interim Dividend - Re 0.25 Per Share |
| 2025-09-18 | Dividend | Dividend - Re 1 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Industrials |
| Industry | Heavy Electrical Equipment |
| Sub-industry | Heavy Electrical Equipment |
| Symbol | QPOWER |
| BSE code | 544367 |
| ISIN | INE0SII01026 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.