Quality Power Electrical Equipments Limited has released its investor presentation for the third quarter and nine months ended December 31, 2025. The company reported a significant year-on-year increase in total revenue for Q3 FY26, reaching ₹2,843 million, a growth of 256.5% from the previous year. EBITDA also saw substantial growth, increasing by 222.7% to ₹793 million, and Profit After Tax (PAT) grew by 220.7% to ₹628 million. For the nine-month period (9M) of FY26, total revenue stood at ₹6,972 million, marking a 165.7% YoY increase. EBITDA for 9M FY26 was ₹1,770 million (up 112.8% YoY), and PAT was ₹1,350 million (up 93.8% YoY). The company highlighted key operational achievements, including an order backlog exceeding ₹8,950 million. Significant new orders include ₹13.9 crore for coil products and ₹26.0 crore from Power Grid Corporation of India Ltd. for current transformers through its subsidiary Mehru Electrical. Expansion initiatives are underway, with the Sangli plant construction timeline advanced to June 2026 and an approved CAPEX of ₹25 crore for a Global Engineering and Technology Centre at the same facility. The Bhiwadi plant expansion is expected to be completed by Q4FY26, and the Cochin expansion was completed in Q3FY26. Quality Power also completed the acquisition of a 50% stake in Sukrut Electric Company Pvt. Ltd., forming a 50:50 joint venture to strengthen transformer component capabilities. Management expressed confidence in the market environment, driven by renewable integration and the need for grid stability, and highlighted the company's focus on technology-led offerings and export-oriented growth.
