Synopsis:
Quality Power Electrical Equipments Limited has secured a major order worth approximately INR 11.5 crore for supplying reactors in a STATCOM project.
This company is a key player in the power equipment industry and is now in focus. It has recently announced the receipt of a significant order related to the STATCOM (Static Synchronous Compensator) project.
With market capitalization of Rs. 7,632 cr, the shares of Quality Power Electrical Equipments Limited are currently trading at Rs. 979 per share, increased more than 6% in today’s market session making a high of Rs. 995, from its previous close of Rs. 935.95 per share.
Order update
Quality Power Electrical Equipments Limited announced that it has received a significant purchase order for the supply of reactors for a STATCOM project, valued at approximately INR 11.5 crore (excluding taxes) on September 16.
The order has been awarded by a domestic entity, though the name of the customer has not been disclosed due to a Non-Disclosure Agreement (NDA). The order is categorized as a single large order and is scheduled to be executed over a period of 12 months.
The development reflects the company’s growing presence in the power equipment sector, particularly in specialized solutions like STATCOM, and marks a significant business opportunity expected to enhance its revenue and market position.
About the company
Quality Power Electrical Equipments Limited is a leading manufacturer and supplier of high-quality electrical equipment, specializing in power infrastructure solutions such as transformers, reactors, and other critical components for power generation, transmission, and distribution. The company focuses on delivering innovative and reliable products that support the growing demands of the energy sector, serving both domestic and international markets with a commitment to quality, efficiency, and sustainable technology.
The company reported a strong 188% year-on-year growth in sales for Q1FY26, reaching Rs. 177 crore compared to Rs. 61.4 crore in Q1FY25. Its EBITDA grew by 32% YoY to Rs. 31.0 crore from Rs. 23.6 crore. However, net profit increased by 11% to Rs. 37.1 crore in Q1FY26 from Rs. 33.4 crore in Q1FY25. The earnings per share (EPS) fell by 28% to Rs. 3.12 compared to Rs. 4.34 in the same period last year.
Written by Manideep Appana
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