Quality Power Electrical Equipments Ltd

Quality Power Electrical Equipments Limited informed the National Stock Exchange of India Limited and BSE Limited that the record date for the final dividend, if approved by shareholders at the 25th Annual General Meeting on Tuesday, 29th September 2026, is Tuesday, 22nd September 2026, with a book closure date from Wednesday, 23rd September 2026, to Tuesday, 29th September 2026, and payment expected on or before 28th October 2026.

Quality Power Electrical Equipments Limited informed the National Stock Exchange of India Limited and BSE Limited that the record date for the final dividend, if approved by shareholders at the 25th Annual General Meeting on Tuesday, 29th September 2026, is Tuesday, 22nd September 2026, with a book closure date from Wednesday, 23rd September 2026, to Tuesday, 29th September 2026, and payment expected on or before 28th October 2026.

Quality Power Electrical Equipments Limited stated that there was no deviation or variation in the utilization of proceeds from its Initial Public Offering for the quarter ended June 30, 2026, according to a filing with the National Stock Exchange of India Limited and BSE Limited. The company, which raised Rs 858.696 crore on February 20, 2025, noted that the Audit Committee reviewed the utilization of funds, including those allocated for the acquisition of Mehru Electrical and Mechanical Engineers Private Limited, capital expenditure, issue-related expenses, and general corporate purposes, and that Brickwork Ratings India Private Limited serves as the monitoring agency.

Quality Power Electrical Equipments Limited reported strong growth in the first quarter of fiscal year 2027, driven by a robust order book and strategic initiatives. The company is pursuing expansion through acquisitions, including a proposed acquisition of Winwin Speciality Insulators (WSIL) to bolster its high-voltage insulator market presence, and holds a 26% stake in Nebeskie Labs for energy management software solutions. Quality Power has also established a 50:50 joint venture with Raychem RPG for transformer component manufacturing. To further advance technological capabilities, the company appointed Shylendra Kumar as Group Chief Technology Officer, focusing on areas like power quality, HVDC, and FACTS. The presentation noted the impact of Ind AS 29 adjustments while highlighting improved profitability and a commitment to corporate social responsibility and robust governance practices, including ISO certifications.

Quality Power Electrical Equipments Ltd share price softened by 3.03% to Rs 1122.3 after the company's net profit eased 2.12% to Rs 45.63 crore, while revenue from operations declined 17.14% to Rs 232.67 crore in Q2FY26 over Q1FY26. The market capitalization of Heavy Electrical Equipment industry group stocks on BSE stood at Rs 12.09 lakh crore, nosediving by 19.71%. It has marginally improved by 2.05% over last one week and moved up slightly by 5.71% in last one month while the market capitalization of Quality Power Electrical Equipments Ltd has eased by 2.58% and 7.83% in the same period respectively. Profit before tax (PBT) of Quality Power Electrical Equipments Ltd stood at Rs 59.42 crore in Q2 FY26, surging by 34.16% year-on-year, and improving 11.11% quarter-on-quarter. EBITDA came in at Rs 17 crore, expanding by 26.69% YoY and jumping 1209.09% sequentially. Total expenses plunged by 23.12% to Rs 195.57 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 123.07 crore, falling by 14.58% YoY, while employee benefits expense was at Rs 27.48 crore, registering a growth of 7.13% YoY. For the TTM ended FY26, revenue from operations grew 12.08% to Rs 338.27 crore, while net profit saw a strong growth of 80.52% to Rs 100.15 crore, compared to previous TTM. EBITDA soared by 944% to Rs 12.08 crore, and PBT soared 77.46% to Rs 112.26 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 55.08 crore in FY26, as against Rs 51.52 crore in FY25. Quality Power Electrical Equipments Ltd jumped 44.21% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 2.63% during the same period.

Quality Power Electrical Equipments Limited reported revenue from operations of Rs 654.78 million for the quarter ended June 30, 2026, a decrease from Rs 708.86 million in the previous quarter. The company’s total comprehensive income reached Rs 483.40 million, compared to Rs 590.83 million previously, while profit attributable to owners was Rs 361.13 million, up from Rs 339.42 million. Earnings per equity share (basic) rose to Rs 4.66 from Rs 4.38. The consolidated financials include subsidiaries Quality Power Engineering Projects Private Limited, Mehru Electrical & Mechanical Engineers Pvt. Ltd., and S&S Transformers and Accessories Private Limited, along with step-down associate Nebeskie Labs Private Limited and joint venture Sukrut Electric Company Private Limited. A non-cash monetary loss of Rs 78.21 million was recorded due to hyperinflation in Turkey, and no investor complaints were registered during the period.

Quality Power Electrical Equipments Limited will hold a board meeting on Sunday, August 9, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with the limited review reports, and to consider declaring an interim dividend for the financial year 2026-27. The trading window for securities of the company will be closed for designated persons and their immediate relatives from Wednesday, July 1, 2026, until 48 hours after the financial results are declared.

The orders are for the supply of 400 kV instrument transformers and are scheduled to be executed over a period of approximately 12 months, the company said in an exchange filing. The company said the contracts have been awarded by a domestic entity and do not fall under related-party transactions. It also clarified that neither the promoter, promoter group nor group companies have any interest in the entity awarding the contracts. Quality Power Electrical Equipment is engaged in the business of energy transition equipment and power technologies. The company's consolidated net profit jumped 74.77% to Rs 33.94 crore in Q4 FY26, compared with Rs 19.42 crore in Q4 FY25. Revenue from operations surged 159.23% YoY to Rs 280.80 crore in Q4 FY26. Powered by Capital Market - Live

The orders are for the supply of 400 kV instrument transformers and are scheduled to be executed over a period of approximately 12 months, the company said in an exchange filing. The company said the contracts have been awarded by a domestic entity and do not fall under related-party transactions. It also clarified that neither the promoter, promoter group nor group companies have any interest in the entity awarding the contracts. Quality Power Electrical Equipment is engaged in the business of energy transition equipment and power technologies. The company's consolidated net profit jumped 74.77% to Rs 33.94 crore in Q4 FY26, compared with Rs 19.42 crore in Q4 FY25. Revenue from operations surged 159.23% YoY to Rs 280.80 crore in Q4 FY26. The scrip fell 4.45% to settle at Rs 1,125.85 on Friday, 3 July 2026. Powered by Capital Market - Live

Quality Power Electrical Equipments announced that its material subsidiary, Mehru Electrical and Mechanical Engineers has received a multiple orders worth Rs 15.70 crore for supply of 400 KV Instrument Transformers.