Quality Power Electrical Equipments Ltd Q4 FY26 Results

Summary

Quality Power Electrical Equipments Limited announced strong financial results for Q4 and the full financial year ended March 31, 2026. The company achieved its highest-ever consolidated annual revenue, reaching ₹1,007 crore for FY26, demonstrating a substantial 156.9% year-on-year growth. Full-year EBITDA also saw significant growth, rising by 97.8% to ₹236.2 crore. For the fourth quarter, revenue increased by 138.5% year-on-year to ₹309.8 crore, while Profit After Tax (PAT) grew by 65.7% to ₹50.6 crore. The company maintains a robust outlook, bolstered by an order book exceeding ₹1,400 crore, equivalent to 1.4 times its FY26 revenue, and continued strong demand across emerging energy-transition technology areas globally.

Key Highlights

1. 1

   Quality Power Electrical Equipments Limited achieved its highest-ever consolidated annual revenue of ₹1,007 crore for FY26, marking a significant 156.9% increase year-over-year.

2. 2

   Full-year FY26 EBITDA stood at ₹236.2 crore, growing robustly by 97.8% compared to the previous year.

3. 3

   For Q4 FY26, the company reported a revenue of ₹309.8 crore, an impressive surge of 138.5% year-on-year.

4. 4

   Profit After Tax (PAT) for Q4 FY26 grew by 65.7% year-on-year to ₹50.6 crore, contributing to a full-year PAT of ₹185.5 crore.

5. 5

   The company closed FY26 with a strong order book exceeding ₹1,400 crore, which represents approximately 1.4 times its FY26 revenue, providing solid forward visibility.

6. 6

   The development of a new Global Coil Manufacturing Facility at Sangli is progressing, representing a key capability investment to enhance the company's addressable market in HVDC and FACTS applications.

7. 7

   Despite a non-monetary adjustment of approximately ₹25.7 crore related to hyperinflationary accounting (Ind AS 29) for its Turkish subsidiary Endoks, the underlying operating performance of Endoks remained healthy with operating margins north of 25%.