As of 6 Nov 2026, Quality Power Electrical Equipments trades at 69.7× trailing earnings, above the industry P/E of 30.0×, and the shares are 19% below their 52-week high. It earns ROCE of 27% and ROE of 29%, and sales and net profit grew 56% and 81% a year over 3 years. It has almost no debt, and its dividend yield is 0.1%. It is a small-cap company with a market cap of ₹10,560 Cr, ranked 16th of 97 Electrical Equipment & Parts companies by market cap; the shares rose 50% over the past year.
- ₹1,426.00
- ₹1,442.60
- ₹1,330.00
- ₹1,450.30
- 5.1 L
Health check
- ReturnsAhead
+50.4% over a year, better than 6 of 7 peers.
- Price tagPricier
P/E 69.7 vs industry 30.0.
- GrowthStrong
Sales +55.9%, profit +80.6% a year over 3 years.
- ProfitabilityStrong
ROCE 27.0% vs peer median 22.1%.
- Balance sheetSolid
Practically debt-free.
- Red flags1 to check
P/E of 69.7 against an industry P/E of 30.0.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹10,560 Cr
- Small cap
- P/E
- 69.7
- Industry 30.0
- Price to book
- 17.32
- Peers 7.24
- Dividend yield
- 0.07%
- ROE
- 29.4%
- Peers 18.0%
- ROCE
- 27.0%
- Peers 22.1%
- Debt to equity
- 0.05
- Debt ₹40 Cr
- EPS (TTM)
- ₹19.55
- Face value ₹10
- OPM (TTM)
- 19.9%
- Net margin 14.1%
- Sales growth
- +32.5%
- Latest quarter vs a year ago
- Profit growth
- +74.4%
- Latest quarter vs a year ago
- Price to sales
- 9.87
- EV/EBITDA 46.8
Strengths and risks
Strengths
- Return on equity of 29.4%.
- Return on capital employed of 27.0%.
- Practically debt-free.
- Quarterly profit up 74.4% on a year ago.
- Quarterly sales up 32.5% on a year ago.
Risks to check
- P/E of 69.7 against an industry P/E of 30.0.
About Quality Power Electrical Equipments
Quality Power Electrical Equipments Limited provides power products and solutions for power generation, transmission, distribution, and automation sectors in India and internationally. It offers metal enclosed capacitor banks; reactors, including series, shunt, FACTS/HVDC, and iron core reactors; transformers comprising special purpose, earthing, converter duty, dry type, and arc furnace transformers; PLCC components that include wave traps and LMU/LMDU;…
- Headquarters
- Sangli
- Employees
- 249
- Sector
- Industrials
- ISIN
- INE0SII01026
- Website
- qualitypower.com
Price range
- Avg volume (3M)
- 3.5 L
- 1-year return
- plus 50.4%
- From 52-week high
- minus 18.9%
Peers · Electrical Equipment & Parts
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| POWERINDIAHitachi Energy India | 27,800.00 | minus 1.42% | 1,23,911 | 107.7 | 95.3 | 24.9% | 16.1% | 0.02 | 22.2% | plus 37.9% |
| CGPOWERCG Power and Industrial Solutions | 773.00 | minus 4.43% | 1,21,785 | 88.6 | 72.5 | 19.3% | 13.1% | 0.02 | 21.2% | plus 8.2% |
| POLYCABPolycab India | 7,871.00 | plus 0.28% | 1,18,613 | 37.5 | 29.0 | 30.4% | 13.6% | 0.02 | 26.6% | plus 3.8% |
| HAVELLSHavells India | 1,128.00 | plus 5.61% | 70,789 | 42.6 | 30.0 | 22.1% | 9.1% | 0.02 | 9.9% | minus 28.1% |
| APARINDSApar Industries | 14,106.00 | minus 9.65% | 59,065 | 41.6 | 30.7 | 26.7% | 9.5% | 0.12 | 17.0% | plus 87.2% |
| KEIKEI Industries | 3,988.00 | minus 1.80% | 38,143 | 36.1 | 29.9 | 18.7% | 11.0% | 0.04 | 19.1% | plus 1.8% |
| HONAUTHoneywell Automation India | 30,080.00 | minus 0.79% | 26,613 | 47.0 | 35.7 | 15.7% | 13.8% | 0.02 | 10.9% | minus 17.5% |
| QPOWERQuality Power Electrical Equipments | 1,363.50 | minus 5.98% | 10,560 | 69.7 | 55.4 | – | 18.6% | 0.05 | 55.9% | plus 50.4% |
| Median of 7 peers | – | −1.42% | 70,789 | 42.6 | 30.7 | 22.1% | 13.1% | 0.02 | 19.1% | 3.8% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 206 | 284 | 281 | 233 | 273 | |
| 170 | 205 | 251 | 192 | 210 | |
| 36.2 | 79 | 30.3 | 41 | 63 | |
| 17.6% | 27.8% | 10.8% | 17.6% | 23.1% | |
| 13.1 | 0.3 | 29 | 23.7 | 21.1 | |
| 2.2 | 1.5 | 1.9 | 1.4 | 2.9 | |
| 2.8 | 3.5 | 3.9 | 3.9 | 3.9 | |
| 44.3 | 74.3 | 53.5 | 59.4 | 77.2 | |
| 20.6% | 15.4% | 12.8% | 23.2% | 17.4% | |
| 24.3 | 38.9 | 33.9 | 36.1 | 42.4 | |
| 3.14 | 5.03 | 4.38 | 4.66 | 5.48 |
Profit & loss
- Sales CAGR 3Y
- +55.9%
- Profit CAGR 3Y
- +80.6%
- EPS CAGR 3Y
- +76.3%
- ROE
- 29.4%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 247 | 292 | 331 | 936 | |
| – | +18.4% | +13.2% | +183.0% | |
| 198 | 251 | 251 | 741 | |
| 49 | 41.5 | 79.8 | 195 | |
| 19.9% | 14.2% | 24.1% | 20.9% | |
| 2.5 | 26.5 | 39.2 | 39.7 | |
| 2.2 | 1.8 | 2 | 4 | |
| 2.3 | 3.4 | 4.7 | 13 | |
| 0.6 | 0.5 | −0 | −1.5 | |
| 47.6 | 63.3 | 112 | 216 | |
| 16.3% | 12.3% | 10.8% | 16.0% | |
| 20.6 | 37.4 | 66.2 | 121 | |
| – | +81.7% | +76.7% | +83.4% | |
| 2.86 | 5.20 | 9.10 | 15.67 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0.2 | 72.2 | 77.4 | 77.4 | |
| 112 | 81 | 347 | 465 | |
| 10.6 | 38.3 | 8.7 | 40.2 | |
| 190 | 167 | 381 | 530 | |
| 312 | 359 | 814 | 1,112 | |
| 47.2 | 79.1 | 220 | 315 | |
| 8.4 | 13.7 | 2.6 | 85.3 | |
| 42.5 | 45.3 | 22.2 | 17.5 | |
| 80.8 | 93.5 | 244 | 253 | |
| 133 | 127 | 325 | 441 | |
| 312 | 359 | 814 | 1,112 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 44.3 | 51.5 | 55.1 | 80.3 | |
| −31 | −38.6 | −92.7 | −95.1 | |
| −3.6 | 25.4 | 171 | 17.9 | |
| 9.7 | 38.3 | 133 | 3.1 | |
| −15 | −47.7 | −16.9 | −129 | |
| 29.3 | 3.8 | 38.2 | −48.9 | |
| – | – | – | −2 |
Shareholding pattern
- Promoters73.91%
- Public26.09%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 73.91% | 26.09% | 0.00 | |
| 30 Jun 2026 | 73.91% | 26.09% | 0.00 | |
| 31 Mar 2026 | 73.91% | 26.09% | 0.00 | |
| 31 Dec 2025 | 73.91% | 26.09% | 0.00 | |
| 30 Sep 2025 | 73.91% | 26.09% | – |
Major shareholders
Filings & events
News
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