Quality Power Delivers Record Q2 FY26 Revenue of ₹2,189 Million; EBITDA Nearly Triples

Sangli, November 13, 2025: Quality Power Electrical Equipments Limited has delivered a record-breaking performance in Q2 FY26, posting revenue of ₹2,189 million and EBITDA of ₹494 million, nearly three times the figure from the same period last year, marking its strongest quarterly results and highlighting robust growth across the business.

Record Quarterly Financial Performance

The company posted a lifetime high in terms of both revenue and EBITDA. The consolidated revenue of the company surged sharply to ₹2,189 million. This represents a 112.4% increase from ₹1,031 million in Q2 FY25. Sequentially, revenue was recorded at ₹1,941 million, which is up 12.8% from the previous quarter.

The company’s gross profit was recorded at ₹878 million. This is nearly a double year-on-year growth compared to the ₹456 million. This showcases a 92.5% growth. The gross margin stood at 40.1%, which was 44.3% during the year-ago period.

The company’s EBITDA was at ₹494 million. This is a strong 93.4% jump. In the same period last year, EBITDA was recorded at ₹168 million. EBITDA margin also improved to 24.0% from 17.8% last year.

PBT more than tripled to ₹443 million. This was recorded at ₹141 million in the same period last year. In the H1FY26 period, the company’s total revenue reached ₹4,130 million. This is up 126% year-on-year. The company’s EBITDA was at ₹977 million. This reflects a 66.7% growth over the same period last year.

Management Commentary

Joint Managing and Whole-time Director at Quality Power Electrical Equipment Limited, Mr. Bharanidharan Pandyan, highlighted the global high-voltage segment. And it is expanding rapidly due to renewable integration and grid modernization needs.

He further added that the company is benefiting from the high global demand for engineered electrical components, which is accelerating technology integration.

He further added that the ongoing investments in automation, digital intelligence, and advanced manufacturing are fuelling the product reliability and the international market competitiveness.

Operational Highlights

Operational discipline and a strong export mix supported margin expansion. Mehru Electrical posted nearly 12 percent EBITDA margin, driven by high-voltage export demand and improved pricing. Excluding one-time provisions, profitability across businesses remained healthy.

The company’s operational discipline, combined with a strong export mix, helped expand margins. Mehru Electrical reported an EBITDA margin of nearly 12%, driven largely by strong demand for high-voltage exports and improved pricing. Excluding one-time provisions, the business remained healthy, with consistent profitability across all its segments.

Share Price Update

As of 9:50 AM, the share price of Quality Power Electrical Equipments Limited was trading at ₹904. This was a 0.74% gain on Thursday. Quality Power Electrical Equipments Limited shares have gained 133% in the last year, 139% in the last six months, and down 2.96% in the last month.

The stock opened at ₹920, hit a high of ₹945, and a low of ₹880.70 during the session. The company’s market capitalisation stands at ₹7,010 crore. In the last 52 weeks, the company shares have hit a high of ₹1,082 and a low of ₹267.80.

Quality Power Electrical Equipments Limited is a tech-driven manufacturer of high-voltage electrical equipment. This equipment is used across power generation, transmission, distribution, automation, large-scale renewables, and advanced grid solutions. The company’s portfolio spans across reactors, transformers, line traps, harmonic filters, capacitor banks, STATCOM systems, SVC systems, and HVDC/FACTS components. The company serves both domestic and global customers spanning multiple continents.

REF: https://nsearchives.nseindia.com/corporate/QPOWER1234_13112025075525_IntimationofPressRelease12112025Sign.pdf

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