Quality Power Electrical Equipments Limited has informed the Exchange about Transcript
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Quality Power reported a strong Q1 FY26 with consolidated revenue more than doubling year-on-year to INR194 crores from INR80 crores. Standalone Quality Power posted a record-high EBITDA margin of 34%, while subsidiary Endoks delivered 27% margins and recently acquired Mehru showed a 47% jump in profitability (margin of 9.5%) in its first full quarter post-acquisition. Order book stood at INR775 crores (split: Mehru ~INR350 crores, Quality Power ~INR250 crores, rest Endoks), with management guiding for an additional INR500 crores of orders by year-end. Management reaffirmed FY26 revenue guidance of INR700-800 crores and consolidated EBITDA margin guidance in the high teens (17-20%). The company signed a binding term sheet to acquire Germany's Sukrut Electric through a JV with Yash Highvoltage, won a prestigious 500 kV HVDC smoothing coil order from Pagre (with Hitachi), and received a large order from the UAE transmission company.
Strong revenue growth, record-high margins, and a robust order pipeline with strategic HVDC wins suggest positive momentum for shareholders. The Sukrut JV expands the addressable market without straining the balance sheet (group debt of just INR13 crores against INR250 crores cash), supporting confidence in the FY26 guidance.