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Earnings Call Transcript

Quality Power Electrical Equipments Earnings Call Transcript: Key Takeaways

Record Q2 performance driven by global expansion and operational stabilization of new facilities in Sangli and Turkey.

Guidance and delivery
Management target Revenue 50.0% FY28
Highlights
Revenue growth₹285.45 Cr revenue in Q2, showing significant YoY operational expansion.
MarginsStable around 20% group-level; Quality Power standalone margins above 25%.
Order bookConsolidated order book crossed ₹2,000 Cr, excluding Win-Win specialty insulators.
Demand visibilityStrong global demand for reactors, instrument transformers, and high-voltage insulators.
Management confidenceHigh, focused on capacity utilization and translating infrastructure into production output.

Growth

Profit after tax reached ₹63.33 Cr, representing an 80.1% YoY growth, supported by a healthy product mix.

Outlook

Management targets 50% revenue growth for FY28 with stable EBITDA margins around 20%.

Risks

Substantial inventory build-up for long-lead items and short-term working capital pressure during facility transition.

Last quarter's promises, checked

Delivered

  • Standalone EBITDA ~20% guided → above 25% (= BEAT)

Partly delivered

  • Sangli trial production Aug-26 → commissioning cited, exact date undisclosed (= PARTIAL)
  • Endoks power-conversion ops Q3-26 → ramp-up cited, no date given (= PARTIAL)

Missed

  • QIP/fundraise under ₹500 Cr guided → ₹700 Cr QIP planned (= MISS)
Source

Earnings Call Transcript filed with NSE, NSE: QPOWER. Summary written with AI assistance from the document.

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Quality Power Electrical Equipments Ltd: key numbers

Share price
₹1,421.30
Market cap
₹11,007 Cr
Revenue (annual)
₹947.3 Cr
Net profit (annual)
₹121.3 Cr
P/E (TTM)
72.7×Sector 51.7×
Promoter holding
73.91%+0.00% QoQ
FII holding
2.94%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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