Quality Power Electrical Equipments Limited has informed the Exchange that Board of Directors at its meeting held on May 13, 2026, recommended Final Dividend of Re. 1 per equity share.
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Quality Power Electrical Equipments Limited reported strong FY2026 results with revenue from operations growing 45.6% to ₹2,219.06 million (from ₹1,524.27 million in FY2025). Net profit after tax jumped 81% to ₹548.71 million (from ₹303.11 million), with EPS at ₹7.09 versus ₹4.17 in the prior year. The Board recommended a final dividend of ₹1 per share (10% of face value), though promoters have voluntarily waived their entitlement to conserve cash for planned fund-raising. EBITDA margins improved to approximately 20% following successful integration of Mehru acquisition. The company has a healthy order book of about ₹1,400 crore. Capacity expansion at Sangli has been marginally delayed to August 2026 due to geopolitical supply constraints, while Mehru expansion, HVDC facility, and Turkish Endoks PCS facility are progressing on track. The Board authorized fund raising of up to USD 75 million for strategic growth and international expansion, and gave in-principle approval for merging subsidiary S&S Transformers with the company.
Strong financial performance with 81% PAT growth and margin expansion signals solid execution. The promoters waiving dividends to conserve cash for the proposed USD 75 million fund raise could lead to equity dilution, which may offset positive sentiment from the dividend announcement.