| Order Book | ₹1,900 CrAs of Aug 2026 |
|---|---|
| Market Cap | ₹11,262.7 CrMid-cap segment |
| TTM Revenue | ₹1,003.2 CrOperating income |
| P/E Ratio | 84.49xSector 54.59x |
Key highlights
- Manufacturing operations at the Niğde facility commenced on 16 October 2026
- Plant focuses on high-tech inverters for grid-connected BESS applications
- Project supports the execution of an international order book worth ₹1,900 crore
- Strategic move expands the Group's portfolio beyond high-voltage equipment
- Group maintains a 73.91% promoter holding with a market cap of ₹11,262.7 crore
Global Expansion Into Energy Storage Tech
The commencement of operations at the Niğde facility in Türkiye marks a pivotal transition for Quality Power into the power electronics and energy storage sector. The facility is specialized in producing power electronic converters and inverters specifically for utility-scale Battery Energy Storage Systems. This development complements the Group's established portfolio of high-voltage equipment and power quality solutions.
The plant will progressively ramp up production to meet international BESS order requirements and address the rising global demand for grid flexibility and renewable energy integration infrastructure.
Strategic Capacity Additions and Order Book
- Company order book stood at approximately ₹1,900 crore as of August 2026
- Recent ₹315 crore acquisition of Winwin Speciality Insulators added 18,000 MTPA capacity
- Trial production began at the Sangli coil manufacturing facility in August 2026
- Capacity doubling at the Cochin facility was completed in February 2026
- Management has reiterated guidance for 20% revenue growth in FY27
Financial Performance and Market Context
Quality Power has demonstrated robust financial momentum leading up to this expansion. For the quarter ended 30 June 2026, the company reported operating revenue of ₹232.66 crore, a 31.66% increase year-on-year, while net profit rose 49.57% to ₹36.11 crore. The company maintains an operating profit margin of 17.62%.
Classified as an Expensive Star with a valuation score of 27.33, the stock's trailing P/E of 84.49 trades at a premium compared to the industry average of 64.62. Despite a recent 5.08% weekly dip, the stock has delivered a 48.47% return over the past year.
| Date | Announcement | Amount |
|---|---|---|
| 09 Aug 2026 | Trial production scheduled at new Sangli coil manufacturing facility with machinery installation commencedSource: equitybulls.com | – |
| 09 Aug 2026 | Machinery installation scheduled to commence for HVDC CTC magnet wire manufacturing facilitySource: equitybulls.com | – |
| 09 Aug 2026 | Civil construction completed and fit-out underway for Endoks power conversion systems facility in TurkeySource: equitybulls.com | – |
| 10 Jun 2026 | Acquisition agreement for Winwin Speciality Insulators Ltd, adding 18,000 MTPA high-voltage insulator capacitySource: vccircle.com | ₹315.00 Cr |
| 04 Feb 2026 | Completion and start of commercial operations of capacity doubling expansion at Cochin facilitySource: BSE filing | – |
| 28 May 2025 | Capacity expansion of approximately 45% announced at Mehru Bhiwadi plant via four new autoclavesSource: tndindia.com | – |
What to watch next
- Shareholder approval for Winwin Speciality Insulators acquisition at EGM on 19 October 2026
- Progressive production ramp-up at the Niğde PCS facility during Q3 FY27
- Installation of machinery at the HVDC CTC magnet wire manufacturing facility
- Next quarterly financial results announcement scheduled for early November 2026
| Share price | ₹1454.3 |
|---|---|
| Market capitalisation | ₹11,262.70 Cr |
| Revenue (annual) | ₹947.27 Cr |
| Net profit (annual) | ₹121.34 Cr |
| Revenue (latest quarter) | ₹232.66 Cr-17.14% vs previous quarter |
| Net profit (latest quarter) | ₹36.11 Cr+6.40% vs previous quarter |
| P/E (TTM) | 84.49×Sector 54.59× |
| Promoter holding | 73.91%0.00% QoQ |
| FII holding | 2.94%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Quality Power Electrical Equipments Limited announcing the commencement of manufacturing operations at its subsidiary's facility in Türkiye. Market figures from a third-party data provider.
Track Quality Power Electrical Equipments live
Get the next Quality Power Electrical Equipments filing on Telegram seconds after it lands. 15 days free.
