Parth Electricals FY26 Net Profit Rises 41% to ₹142.38 Cr
Parth Electricals & Engineering Limited reported a 41% increase in FY26 net profit to ₹14.24 Cr, with revenue rising to ₹198.00 Cr. The company's balance sheet strengthened following a ₹62.00 Cr IPO, bringing total assets to ₹187.76 Cr. Cash and cash equivalents stood at ₹43.59 Cr, while the order book reached ₹271.59 Cr, expected to be executed in FY27 and H1FY28.
*this image is generated using AI for illustrative purposes only.
Parth Electricals & Engineering Limited reported its audited standalone financial results for the year ended 31st March 2026, demonstrating significant growth in profitability and operational scale. The company's net profit for the fiscal year rose by 41% to ₹14.24 Cr, compared to ₹10.12 Cr in the previous year. Revenue from operations increased to ₹198.00 Cr from ₹174.67 Cr in the corresponding period of the previous year, driven by robust business activities in the electric switchgear equipment segment.
Financial Performance Overview
The board approved the financial results during a meeting held on 14th May 2026. The profit before tax for the year stood at ₹19.12 Cr, up from ₹13.56 Cr in FY25. Basic earnings per share (EPS) improved to ₹11.35 from ₹10.27 in the previous year. The company's total income for the year reached ₹200.95 Cr, reflecting a comprehensive growth across its operations.
Balance Sheet and Cash Flows
The company's balance sheet size expanded significantly, with total assets increasing to ₹187.76 Cr as of 31st March 2026, up from ₹106.76 Cr in the previous year. This growth was supported by a successful Initial Public Offering (IPO) during the year, which raised ₹62.00 crore. Shareholders' funds strengthened to ₹111.45 Cr, primarily due to the increase in share capital and reserves & surplus.
Cash and cash equivalents improved substantially to ₹43.59 Cr from ₹27.37 Cr at the end of the previous year. The cash flow statement indicates that the company generated net cash inflows from financing activities amounting to ₹38.26 Cr, largely attributed to the proceeds from the issue of shares.
IPO Proceeds Utilization
Out of the total ₹62.00 crore raised through the IPO, ₹37.68 crore has been utilized towards the objects specified in the prospectus, while ₹24.31 crore remains unutilized as of 31st March 2026. A significant portion of the unutilized funds, amounting to ₹23.29 crore, has been invested in fixed deposits. The funds have been deployed towards establishing manufacturing facilities in Gujarat and Odisha, as well as the repayment of short-term borrowings.
Order Book and Future Outlook
The company maintains a strong order book of ₹271.59 Cr as of date, expected to be executed during FY27 and partly in H1FY28. The order book includes Manufacturing & Supply at ₹110.46 Cr, EPC at ₹144.57 Cr, and Services at ₹16.57 Cr. The company submitted its investor presentation for FY26 to the National Stock Exchange on 19th May 2026, detailing its growth drivers and capital expenditure plans.
Historical Stock Returns for Parth Electricals & Engineering
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.26% | +7.37% | +15.84% | +58.59% | +113.57% | +113.57% |
How will the deployment of the remaining ₹24.31 crore in unutilized IPO funds impact Parth Electricals' manufacturing capacity and revenue potential in FY27?
Given the strong ₹271.59 Cr order book with a significant EPC component, how might margin profiles evolve as the company shifts its revenue mix toward higher-value EPC contracts?
With new manufacturing facilities being established in Gujarat and Odisha, what competitive advantages could Parth Electricals gain in capturing larger government infrastructure and power sector contracts?
15
Access Market Heat-map & Insights 
Create, Save & Share your Screener 
Use 200+ Screening Filters 
