Power & Instrumentation (Gujarat) Limited has informed the Exchange about Transcript

PIGL reported Q1 FY'26 consolidated total income of INR 41.55 crores, up 59.83% YoY, with EBITDA of INR 4.28 crores (up 17.36% YoY) and net profit of INR 2.62 crores (up 40.18% YoY). The company secured notable new orders during the quarter, including INR 57.89 crores for Udaipur Airport electrification (Nyati Engineers), INR 70.55 crores from Ajmer Vidyut Vitran Nigam under the government RDSS scheme, and INR 80.24 lakh from Godrej & Boyce for the Khavda project. Unexecuted order book stands at ~INR 400 crores with bid pipeline of ~INR 390-415 crores. Management guides for 50% YoY revenue growth in FY'26 and the next 3 years, targeting 13-15% EBITDA margins for the year. The 60% acquisition of Peaton (electrical panels/compact busway manufacturer with INR 34 crores turnover, 7-8% EBITDA margin) is expected to close within a month at a company valuation of INR 20-30 crores. Debt remains low at ~INR 15 crores and receivable days at 87, with working capital funded through internal accruals.