StockWatch
·

Power and Instrumentation (Gujarat) Ltd Q2 FY26 Results

PIGLQ2 FY26 Results
Filing
MetricValue (₹ Cr)Q1 FY26Q2 FY25
Revenue70.2770.1%27.9%
Total Income70.9170.6%27.2%
Expenditure64.5769.7%27.8%
PBT6.3481.3%21.9%
Net Profit4.7180.1%21.1%
OPM9.40%0.37pp2.96pp
NPM6.65%0.35pp0.33pp
EPS2.6677.3%1.1%
View full financials

Power & Instrumentation (Guj.) Ltd. Reports 38% Increase in Total Income & 27% Surge in Net Profit for H1 FY26

14 Nov 2025 · 14 Nov 2025, 09:29 pm

Summary

Power & Instrumentation (Guj.) Ltd., a leading player in the electrical contracting and equipment industry, has announced its Unaudited Financial Results for Q2 & H1 FY26. The company reported a 38% increase in total income and a 27% surge in net profit for H1 FY26.

Key Highlights

  1. 1

    Total Income for H1 FY26 grew by 37.57% to ₹ 112.46 Cr compared to ₹ 81.75 Cr in H1 FY25

  2. 2

    EBITDA for H1 FY26 increased by 18.86% to ₹ 11.52 Cr compared to ₹ 9.70 Cr in H1 FY25

  3. 3

    Net Profit for H1 FY26 surged by 27.29% to ₹ 27.20 Cr compared to ₹ 21.11 Cr in H1 FY25

  4. 4

    Secured a ₹ 102.78 Cr (including GST) turnkey contract for supply, erection, installation, testing, and commissioning of distribution infrastructure

  5. 5

    Received a ₹ 39.50 Cr order from Sadashiv Projects India Private Limited for design, engineering, supply, and testing of a 5 MWp ground-mounted solar project

  6. 6

    Awarded work for design, supply, installation, testing, and commissioning of ELV raceways and cable tray systems at Udaipur Air Terminal, Rajasthan

  7. 7

    Secured a ₹ 21.39 Cr order from ATS Techno Limited for designing, supplying, installing, testing, commissioning, and handing over a factory shed

  8. 8

    Acquired an additional 35.82 per cent stake in PECL, increasing the shareholding to 51.06 per cent and making it a subsidiary

Management Comments

M

Mr. Padmaraj Padmnabhan Pillai

We are pleased to report a good performance in Q2 & H1 FY26, reflecting the company’s focus on execution excellence, operational discipline, and sustained growth across key business segments. The quarter delivered healthy improvement in both revenue and profitability, supported by a strong order inflow and efficient project management.

Informational and educational content only. Not investment advice.