Quality Power Electrical Equipments Ltd

Quality Power Electrical Equipments announced that the Board of Directors of the Company at its meeting held on 27 May 2025, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 10%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Quality Power Electrical Equipments rose 27.51% to Rs 19.42 crore in the quarter ended March 2025 as against Rs 15.23 crore during the previous quarter ended March 2024. Sales rose 176.33% to Rs 108.32 crore in the quarter ended March 2025 as against Rs 39.20 crore during the previous quarter ended March 2024. For the full year,net profit rose 76.74% to Rs 66.17 crore in the year ended March 2025 as against Rs 37.44 crore during the previous year ended March 2024. Sales rose 11.54% to Rs 336.65 crore in the year ended March 2025 as against Rs 301.82 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales108.3239.20 176 336.65301.82 12 OPM %15.0334.44 -19.4112.88 - PBDT37.8219.75 91 118.6066.35 79 PBT35.9718.86 91 113.8962.99 81 NP19.4215.23 28 66.1737.44 77 Powered by Capital Market - Live

Quality Power Electrical Equipments will hold a meeting of the Board of Directors of the Company on 27 May 2025.Powered by Capital Market - Live

Quality Power Electrical Equipments has an order worth Rs 19.7 crore for supply of reactors for Power Transmission - Coil Products for Flexible AC Transmission Systems (FACTS) application. The project supports renewable energy integration into the grid, in line with India's growing focus on a more sustainable and resilient energy infrastructure. This is the second consecutive order from the same client within a span of four months. Powered by Capital Market - Live

The project supports renewable energy integration into the grid, in line with India's growing focus on a more sustainable and resilient energy infrastructure. The value of the aforementioned contract is Rs 19.7 crore. The reactors have to be delivered within a period of 15-18 months. Manu S. Achuthan, chief marketing officer, Quality Power Electrical Equipments, said: 'Ever since we concluded the IPO, Quality Power has been moving from strength to strength. This repeat order from a Fortune 500 client reflects their confidence in our technical capabilities and execution excellence. It further affirms our consistent performance in the FACTS space, especially in Tariff Based Competitive Bidding (TBCB)-awarded grid integration projects.' Quality Power Electrical Equipment (QPEEL) offers a range of technology-driven products, comprehensive system solutions, and professional services tailored for the power sector. It is among the few global manufacturers of critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks. Powered by Capital Market - Live

Securities in F&O Ban: BSE, IndusInd Bank, Hindustan Copper, Manappuram Finance and SAIL shares are banned from F&O trading on Monday, 17 March 2025. Stocks to Watch: Quality Power Electrical Equipment's consolidated net profit jumped 23% to Rs 13.83 crore in Q3 FY25 as compared with Rs 11.24 crore. Net sales declined 48.9% YoY to Rs 72.59 crore during the quarter ended 31st December 2024. RPP Infra Projects received a letter of acceptance for a new project worth Rs 22.56 crore from the Department of Space Centre, Construction and Maintenance Group, Sriharikota. Zydus Lifesciences announced that the US Food and Drug Administration (USFDA) conducted a surveillance inspection at the company's Active Pharmaceutical Ingredient (API) Unit 1, located in Ankleshwar, Gujarat. Shilpa Medicare announced that the United States Food and Drug Administration (USFDA) conducted an inspection at Unit-2 of its subsidiary, Shilpa Pharma Lifesciences, located in Raichur, with zero observations. Tata Communications announced the appointment of N. Ganapathy Subramaniam as the chairman of the board of directors of the company, effective from 14 March 2025. JB Chemicals & Pharmaceuticals' API (Active Pharmaceutical Ingredient) manufacturing facility (D9) in Panoli, Gujarat, successfully cleared a US Food and Drug Administration (USFDA) inspection without any observations. G R Infraprojects announced that it has been selected as the preferred bidder for the Agra-Gwalior Greenfield Road Project, tendered by the National Highways Authority of India (NHAI) under the Ministry of Road Transport and Highways. Alkem Laboratories announced that the United States Food and Drug Administration (USFDA) conducted a Bioresearch Monitoring (BIMO) inspection at its Bioequivalence Center in Taloja, Maharashtra, from 10 March to 13 March 2025.Powered by Capital Market - Live

Quality Power Electrical Equipments will hold a meeting of the Board of Directors of the Company on 15 March 2025.Powered by Capital Market - Live

Mehru Electrical and Mechanical Engineers Pvt (MEMEPL), a leading manufacturer of high-voltage instrument transformers for utilities, industries and power transmission networks. Its turnover was Rs 219.34 crore in FY24. The company has acquired MEMEPL to accelerates innovation through advanced R&D capabilities, driving the development of next-generation high-voltage equipment, including smart monitoring and digital integration solutions, this acquisition strengthens the company's portfolio by integrating Mehru's expertise in instrument transformers with its existing range of shunt reactors, power transformers, line traps, and FACTS (Flexible AC Transmission Systems) solutions, enabling comprehensive high-voltage equipment offerings. Additionally, it extends the company's market reach through Mehru's established customer base in Southeast Asia and Africa, further enhancing global presence. The company has acquired 5,22,750 equity shares of Rs 10 each representing 51% equity share of capital of Mehru Electrical and Mechanical Engineers. This acquisition represents a strategic milestone, aligning with Quality Power's long-term vision to expand its technological capabilities, USP, manufacturing scale and global market reach. Commenting on the acquisition of Mehru, Bharanidharan Pandyan, joint managing and whole-time director, Quality Power, said: 'Mehru's expertise in oil-filled and dry-type instrument transformers up to 500kV aligns perfectly with our vision of delivering world-class power equipments solutions. With the growing global demand for grid stability, FACTS, and renewable integration, this acquisition positions us strongly in a multi-billion-dollar market energy products market where the barriers to entry are high due to stringent technical requirements and regulatory compliance. By integrating Mehru's technology with our advanced manufacturing and global supply chain, we are creating a powerhouse of innovation, reliability, and customer-centric solutions. With this synergy, Quality Power is now better equipped than ever to serve utilities, industries, and infrastructure projects worldwide with superior, highprecision electrical equipment.' Shares of Quality Power Electrical Equipment entered into stock market on 24 February 2025. The counter was listed at Rs 432, exhibiting a premium of 1.65% to the issue price, Rs 425. The IPO was subscribed 1.29 times. Quality Power Electrical Equipment (QPEEL) offers a range of technology-driven products, comprehensive system solutions, and professional services tailored for the power sector. It is among the few global manufacturers of critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks. The firm reported a consolidated net profit of Rs 50.08 crore and sales of Rs 155.74 crore for the six months ended on 30 September 2024.Powered by Capital Market - Live

Quality Power Electrical Equipments has executed and completed the terms of the Share Purchase Agreement which was entered into on 25 April 2024 for acquisition of 5,22,750 equity shares of face value of Rs.10/- each, representing 51% of the Equity Share Capital of Mehru Electrical and Mechanical Engineers (Mehru) from the Promoters of Mehru. Consequently, Mehru Electrical and Mechanical Engineers has become 51% subsidiary of Quality Power Electrical Equipments. Powered by Capital Market - Live

The scrip was listed at Rs 432, exhibiting a premium of 1.65% to the issue price. So far, the stock has hit a high of 432.05 and a low of 415.85. On the BSE, over 1.82 lakh shares of the company were traded in the counter so far. The initial public offering (IPO) of Quality Power Electrical Equipments was subscribed 1.29 times. The issue opened for bidding on 14 February 2025, and it closed on 18 February 2025. The price band of the IPO was fixed between Rs 401 to 425 per share. The issue comprised both an offer for sale (OFS) and a fresh issue of equity shares. The OFS comprised sales of 14.91 crore equity shares by Chitra Pandyan, one of its promoters. The fresh issue comprises the issue of fresh equity shares, aggregating to Rs 225 crore. Of the net proceeds from the fresh issue, approximately Rs 117 crore will be used for the purchase consideration related to the acquisition of Mehru Electrical and Mechanical Engineers; Rs 27.217 crore for funding capital expenditure (purchase of P and the remaining balance will be allocated towards supporting inorganic growth through unidentified acquisitions, other strategic initiatives, and general corporate purposes. Ahead of the IPO, Quality Power Electrical Equipments on Thursday, 13 February 2025, raised Rs 386.41 crore from anchor investors. The board allotted 90.92 lakh shares at Rs 425 each to 21 anchor investors. Quality Power Electrical Equipment (QPEEL) offers a range of technology-driven products, comprehensive system solutions, and professional services tailored for the power sector. It is among the few global manufacturers of critical high-voltage equipment for High Voltage Direct Current (HVDC') and Flexible AC Transmission Systems ('FACTS') networks. As of September 30, 2024, the company had 143 customers, including power utilities, power industries, and renewable energy entities. Revenue from international markets accounted for 80.68% in FY24 and 75.77% in FY25. Its manufacturing operations are located across two sites in India: Sangli, Maharashtra, and Aluva, Kerala. In 2011, the company acquired a 51% stake in Endoks Enerji Anonim Sirketi ('Endoks'), which has design, operation, assembly, project management, and delivery facilities in Ankara, Turkey, as part of its global expansion strategy. Following this acquisition, Endoks became an indirect subsidiary. The firm reported a consolidated net profit of Rs 50.08 crore and sales of Rs 155.74 crore for the six months ended on 30 September 2024.Powered by Capital Market - Live