Power & Instrumentation (Gujarat) Limited has released its comprehensive investor presentation for Q3FY26 and nine months ended December 31, 2025, providing detailed insights into the company's financial performance, strategic initiatives, and market positioning.

Q3FY26 Financial Highlights

The company demonstrated robust consolidated performance during the quarter, with significant growth across key metrics:

Nine-Month Performance

For the nine-month period, the company achieved substantial growth momentum:

Major Contract Wins

During Q3FY26, the company secured significant contracts totaling ₹124.17 crore. The largest contract worth ₹102.78 crore was awarded by Ajmer Vidyut Vitrán Nigam Limited for supply, erection, installation, testing and commissioning of distribution infrastructure for on-grid electrification covering Dungarpur Circle and Salumber Circle in Rajasthan under the RDSS Scheme. Additionally, ATS Techno Limited awarded a ₹21.39 crore contract for design, supply, installation, testing, commissioning, and client handover of a factory shed at Star Platinum Industrial Park, Ahmedabad.

Investor Call Audio Recording Submission

Following the investor presentation, the company has submitted the audio recording of its Q3FY26 investor call to stock exchanges under Regulation 30. The submission was made to both NSE and BSE, with Managing Director Padmaraj Padmnabhan Pillai and Acting Chief Financial Officer Rohit Maheshwari as management attendees.

The company confirmed that no unpublished price sensitive information was shared during the investor call, ensuring compliance with disclosure requirements.

Strategic Business Expansion

The presentation highlighted the company's diversified business segments spanning infrastructure, telecom, industries, government public sector units, and distribution companies. With over 50 years of experience, the company has successfully delivered 310+ projects across 100+ clients, maintaining ongoing works worth ₹450+ crore as of February 13, 2026.

PECL Subsidiary Development

Peaton Electrical Company Limited (PECL), now a subsidiary with 51.06% holding, has launched its busduct system branded as "Phibar" for power transfer and distribution applications. The global busduct system market is projected to reach USD 11.81 billion by 2033, growing at a CAGR of 6.6% from 2025 to 2033.

Market Position and Outlook

The company operates across eight states with a strong presence in the aviation sector, having completed over 35 airport projects. The presentation emphasized India's renewable energy growth potential, with the country targeting 500 GW of non-fossil-based electricity capacity by 2030, presenting significant opportunities for electrical infrastructure companies.

Power & Instrumentation (Gujarat) Limited has completed the allotment of 6,78,000 equity shares upon conversion of warrants to promoter group entities, as disclosed in regulatory filings. Following this conversion, both Padmavir Hospitality LLP and Power Infra-Cons Private Limited have filed regulatory disclosures under SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Allotment Details

The company allotted 6,78,000 fully paid-up equity shares upon conversion of an equal number of convertible warrants at a price of Rs. 83.75 per share, including a premium of Rs. 73.75. The allotment was made on a preferential basis to promoter group entities in accordance with Chapter V of Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018.

Impact on Share Capital

Consequent to this allotment, the company's paid-up equity capital has increased significantly. The capital structure transformation reflects the successful conversion of warrants into equity shares.

Power Infra-Cons SEBI Disclosure

Power Infra-Cons Private Limited has filed a comprehensive disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure details the conversion of 1,40,000 warrants into equity shares through preferential allotment.

Allottee Details and Holdings

The warrant conversion involved two promoter group entities with varying conversion amounts and resulting shareholding changes.

Regulatory Compliance

Both promoter group entities have submitted the required disclosures to National Stock Exchange of India Limited and BSE Limited, ensuring compliance with SEBI Takeover Regulations. The disclosures confirm that both entities belong to the promoter group and detail the conversion of warrants into equity shares through preferential allotment. The warrants were fully convertible into equity shares at Rs. 83.75 per warrant within 18 months from the date of allotment.