Synopsis:
The power solutions provider is witnessing strong momentum after securing major EPC and utility contracts across Rajasthan. With robust revenue growth, an expanding project portfolio, and plans for diversification into renewables, the company is well-positioned for sustained expansion and improved execution capabilities in the coming quarters.
The shares of the power solution provider gained up to 7 percent from today’s intraday low after the company bagged a significant work order from Ajmer Vidyut Vitran Nigam Limited worth Rs 34.56 crore.
With a market capitalization of Rs 307.52 crore, the shares of Power and Instrumentation (Gujarat) Ltd closed at Rs 178 per share in NSE, increased around 2.23 percent as compared to the previous closing price of Rs 174.11 apiece.
Significant order
The shares of Power and Instrumentation (Gujarat) Ltd have seen bullish movement after bagging a significant work order from Ajmer Vidyut Vitran Nigam Limited worth Rs 34.56 crore for Supply, Erection, Installation, Testing and Commissioning of Material/Equipment for development of Distribution Infrastructure work for segregation of 11 KV mixed feeders at Salumbar Circle of Ajmer Discom of Rajasthan state under RDSS scheme.
Financial & Operating profit
Looking forward to the company’s financial performance, revenue increased by 62 percent from Rs 25.47 crore in Q1FY25 to Rs 41.30 crore in Q1FY26. Further, during the same time frame, net profit increased by 38 percent from Rs 1.87 crore to Rs 2.58 crore.
Recently, Power & Instrumentation (Gujarat) Ltd. has secured a new order worth Rs 70.55 crore from Ajmer Vidyut Vitran Nigam Limited, Rajasthan. The project covers design, supply, and commissioning of power distribution infrastructure for on-grid electrification and is to be completed on a turnkey basis within 12 months, highlighting the company’s expertise in large-scale utility contracts.
Additionally, Power & Instrumentation (Gujarat) Ltd also landed five major EPC contracts for the Udaipur Air Terminal, Rajasthan, with a combined value of Rs 57.89 crore. The contracts, set to be executed in six months, cover electrical works from design to commissioning and final handover, showcasing the company’s competence in handling expansive power infrastructure projects for key clients like Nyati.
Power & Instrumentation (Gujarat) Ltd. boasts a diverse portfolio with over 310 delivered projects and more than 100 clients and staff nationwide. With Rs 445 crore ongoing work and Rs 400 crore bided tenders, the company operates across 8 offices in India. Notably, it has successfully completed over 35 airport projects, setting an industry benchmark in power infrastructure execution.
Also read: 2 Stocks in which Vanguard made fresh investments in Q2 FY26 to keep on your radar
Power & Instrumentation (Gujarat) Ltd. enjoys trust from industry giants, partnering with marquee clients like ISRO, Indian Oil, ONGC, LIC, Airtel, Ford, and Cadbury. The client list spans from major central and state government entities to top private corporations, reflecting the company’s broad reputation for reliability and excellence across diverse infrastructure and industrial sectors.
Power & Instrumentation (Gujarat) Ltd. is poised for strong growth, targeting larger contracts and aiming for 50% annual revenue growth through operational excellence and market expansion.
The company is also boosting its execution capacity, diversifying into renewable energy, and strengthening capabilities via strategic acquisitions, offering an attractive mix of innovation, scale, and robust market prospects.
Power & Instrumentation (Gujarat) Limited is a leading electrical EPC contractor serving diverse industrial and commercial sectors with a reputation built on reliability and efficiency. The company’s mission is to provide futuristic solutions using groundbreaking technology, ensuring a premium degree of dependability with end-to-end energy solutions at competitive rates.
Written by Abhishek Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
