Quality Power Electrical Equipments (QPOWER)₹1,434−1.08%Heavy Electrical Equipment
In the Jun 2026 quarter (consolidated), Quality Power Electrical Equipments reported sales of ₹233 Cr, up 31.5% from Jun 2025, and net profit of ₹46.96 Cr, up 27.1% year on year. For the year to Mar 2026, sales were ₹949 Cr and net profit ₹186 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 142 | 39.10 | 61.07 | 94.13 | 73.09 | 108 | 177 | 206 | 285 | 282 | 233 |
| Expenses | 131 | 25.92 | 37.87 | 85.70 | 54.81 | 91.76 | 146 | 169 | 205 | 250 | 192 |
| Operating Profit | 11.02 | 14.04 | 24.05 | 8.01 | 17.05 | 16.02 | 31.06 | 36.08 | 79.15 | 30.08 | 41.07 |
| OPM % | 8.0% | 34.0% | 38.0% | 9.0% | 24.0% | 15.0% | 18.0% | 18.0% | 28.0% | 11.0% | 18.0% |
| Other Income | 6.02 | 9.03 | 18.07 | 8.02 | 6.02 | 21.08 | 17.06 | 13.05 | 0.00 | 29.09 | 24.06 |
| Interest | 0.99 | 0.00 | 0.99 | 0.99 | 0.99 | 0.00 | 0.99 | 1.99 | 0.99 | 1.99 | 0.99 |
| Depreciation | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 2.01 | 3.01 | 3.01 | 3.01 | 4.01 | 4.01 |
| Profit before tax | 14.95 | 21.95 | 40.88 | 13.96 | 21.96 | 35.89 | 43.91 | 43.90 | 73.86 | 52.88 | 58.88 |
| Tax % | 7.0% | 19.0% | 18.0% | 5.0% | 10.0% | 14.0% | 16.0% | 21.0% | 15.0% | 13.0% | 23.0% |
| Exceptional items | −1.74 | 2.30 | 0.18 | −0.35 | −0.90 | −0.33 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 13.99 | 17.98 | 33.01 | 13.01 | 19.99 | 29.98 | 36.96 | 34.96 | 63.01 | 51.02 | 46.96 |
| EPS (Rs) | 74,835.12 | 2.10 | 4.33 | 1.61 | 1.91 | 2.50 | 3.11 | 3.13 | 5.02 | 4.37 | 4.65 |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| Sales | 183 | 253 | 303 | 338 | 949 | 1,006 |
| Expenses | 158 | 220 | 262 | 270 | 769 | 816 |
| Operating Profit | 23.04 | 32.07 | 39.10 | 65.09 | 176 | 186 |
| OPM % | 13.0% | 13.0% | 13.0% | 19.0% | 19.0% | 18.5% |
| Other Income | 29.11 | 20.07 | 30.10 | 54.21 | 60.18 | 66.20 |
| Interest | 0.99 | 2.99 | 1.99 | 1.99 | 6.97 | 5.96 |
| Depreciation | 2.01 | 2.01 | 3.01 | 5.01 | 13.02 | 14.04 |
| Profit before tax | 48.91 | 47.88 | 62.87 | 112 | 216 | 230 |
| Tax % | 14.0% | 16.0% | 12.0% | 11.0% | 16.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 4.01 | 0.00 | 0.00 |
| Net Profit | 41.98 | 39.97 | 54.94 | 99.94 | 186 | 196 |
| EPS (Rs) | 1,10,015.28 | 1,37,164.69 | 5.18 | 8.53 | 15.66 | 17.17 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 12.1% | 6.0% | — |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.16 | 0.16 | 72.14 | 77.23 | 77.20 |
| Reserves | 92.17 | 112 | 81.22 | 348 | 466 |
| Borrowings | 12.05 | 11.03 | 38.12 | 9.03 | 40.10 |
| Other Liabilities | 149 | 189 | 167 | 378 | 531 |
| Total Liabilities | 253 | 312 | 360 | 812 | 1,114 |
| Fixed Assets | 34.14 | 40.12 | 66.23 | 239 | 268 |
| CWIP | 0.00 | 1.01 | 2.01 | 2.01 | 73.26 |
| Investments | 0.00 | 30.98 | 48.01 | 37.01 | 19.01 |
| Other Assets | 219 | 241 | 243 | 534 | 755 |
| Inventories | 41.07 | 48.12 | 23.06 | 102 | 116 |
| Trade receivables | 54.19 | 65.24 | 79.22 | 138 | 243 |
| Cash & equivalents | 68.08 | 52.03 | 48.04 | 210 | 248 |
| Total Assets | 253 | 312 | 360 | 812 | 1,114 |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from operating activity | 9.01 | 44.10 | 52.13 | 62.11 | 80.18 |
| Cash from investing activity | −13.01 | −55.04 | −81.10 | −100 | −95.03 |
| Cash from financing activity | 2.01 | −4.01 | 25.03 | 171 | 18.01 |
| Net cash flow | −2.99 | −13.97 | −3.99 | 134 | 2.99 |
| Capex | 4.01 | 17.05 | 48.10 | 26.04 | 129 |
| Free cash flow | 3.99 | 27.89 | 8.97 | 38.84 | −30.88 |
| CFO / OP % | 73.9% | 170.9% | 156.0% | 110.9% | 64.0% |
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor days | 108 | 94 | 96 | 149 | 93 |
| Inventory days | 139 | 109 | 43 | 185 | 74 |
| Days payable | 93 | 120 | 116 | 167 | 105 |
| Cash conversion cycle | 153 | 81 | 22 | 166 | 62 |
| Working capital days | 43 | 4 | −34 | 121 | 72 |
| ROCE % | — | 27.9% | 30.9% | 27.0% | 31.9% |
For the Jun 2026 quarter, Quality Power Electrical Equipments reported sales of ₹233 Cr, up 31.5% year on year and net profit of ₹46.96 Cr, up 27.1% year on year. The operating margin was 18.0%.
Quality Power Electrical Equipments' sales for the year to Mar 2026 were ₹949 Cr; over the last twelve months they were ₹1,006 Cr.
Net profit for the year to Mar 2026 was ₹186 Cr, and ₹196 Cr over the last twelve months. Earnings per share over the same trailing period were ₹17.17.
Quality Power Electrical Equipments reported borrowings of ₹40.10 Cr at Mar 2026, against cash and equivalents of ₹248 Cr.
Cash from operations was ₹80.18 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹30.88 Cr.