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%.