Quality Power Electrical Equipments Announces Q3FY26 Results with Strong Performance

2 min read     Updated on 04 Feb 2026, 07:03 PM
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Overview

Quality Power Electrical Equipments delivered outstanding Q3FY26 performance with standalone revenue rising 60.90% to ₹577.06 million and net profit growing 96.88% to ₹145.94 million. Consolidated results showed even stronger growth with revenue reaching ₹2,839.91 million and net profit of ₹627.65 million. The board approved strategic initiatives including advancing Sangli plant timeline to June 2026, additional ₹25 crore CAPEX for Global Engineering Centre, and key management appointments including Mr. Sanjog Mhatre as CEO.

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Quality Power Electrical Equipments has announced its unaudited financial results for the quarter ended December 31, 2025, along with significant board meeting outcomes. The electrical equipment manufacturer reported robust operational performance across both standalone and consolidated financials, demonstrating continued growth momentum.

Standalone Financial Performance

The company's standalone results for Q3FY26 showed strong year-on-year improvements across key metrics:

Financial Metric: Q3FY26 Q3FY25 Growth
Revenue from Operations: ₹577.06 million ₹358.65 million 60.90%
Net Profit: ₹145.94 million ₹74.13 million 96.88%
Profit Before Tax: ₹193.74 million ₹97.22 million 99.30%
Basic EPS: ₹1.88 ₹1.02 84.31%

Consolidated Financial Results

The consolidated performance was even more impressive, reflecting the company's expanded operations through acquisitions:

Consolidated Metric: Q3FY26 Q3FY25 Performance
Revenue from Operations: ₹2,839.91 million ₹725.85 million Significant increase
Net Profit: ₹627.65 million ₹195.71 million Strong growth
Profit Before Tax: ₹743.41 million ₹218.26 million Substantial improvement
Basic EPS: ₹5.03 ₹1.92 Notable enhancement

Capacity Expansion and Capital Expenditure Updates

The board approved several strategic developments for business expansion. The Sangli plant construction timeline has been advanced from September 2026 to June 2026, subject to regulatory approvals. Additionally, the board approved an additional CAPEX outlay of ₹25 crore for establishing a Global Engineering & Technology Centre at the Sangli plant premises.

The Mehru expansion is progressing with equipment being commissioned monthly and expected completion by March 2026. The board also authorized the BD&A Committee to review investment plans for establishing an instrument transformer manufacturing facility in Turkey.

Key Management Appointments

Significant organizational changes were announced during the board meeting:

Position: Appointee Effective Date
Chief Executive Officer: Mr. Sanjog Mhatre February 4, 2026
Independent Director (Reappointment): Mr. Rajendra Iyer February 15, 2026
Senior Management Personnel: 10 officials across subsidiaries Immediate

Subsidiary Performance Highlights

Mehru Electrical & Mechanical Engineers Private Limited, a subsidiary, demonstrated notable margin expansion improving to 16.40% during the quarter, driven by improved product mix and better throughput. The company continues making significant investments in manpower, technology, and capability enhancement in anticipation of upcoming capacity expansions.

Business Outlook and Strategic Initiatives

The company's robust operational performance reflects underlying business fundamentals strength. Both Quality Power and Mehru are investing substantially in organizational foundation strengthening for sustainable growth and timely execution of expanding global order book. The board also reviewed strategic opportunities presented by the BD&A Division and deliberated on ongoing acquisition discussions.

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Quality Power Electrical Equipments Nominates Ashish Bhardwaj as Nominee Director at Sukrut Electric Company

1 min read     Updated on 27 Jan 2026, 06:03 PM
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Overview

Quality Power Electrical Equipments Limited has nominated Mr. Ashish Bhardwaj (DIN: 11489538) as nominee director on Sukrut Electric Company Private Limited's board. The nomination follows agreements dated October 6, 2025, and January 2, 2026, and complies with SEBI listing regulations.

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Quality Power Electrical Equipments Limited has announced the nomination of Mr. Ashish Bhardwaj as nominee director on the board of Sukrut Electric Company Private Limited. The nomination was communicated to stock exchanges on January 27, 2026, in compliance with regulatory requirements.

Nomination Details

The company has provided the following information regarding the director nomination:

Parameter: Details
Nominee Director: Mr. Ashish Bhardwaj
Director Identification Number: 11489538
Target Company: Sukrut Electric Company Private Limited
Nomination Date: January 27, 2026

Regulatory Framework

The nomination is being made pursuant to provisions of Regulation 30 and other applicable regulations of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework ensures transparency in corporate governance and keeps stakeholders informed about significant board changes.

Supporting Agreements

The director nomination is backed by two key agreements that establish the legal framework for this corporate action:

  • Share Purchase Agreement: Executed on October 6, 2025
  • Shareholder Agreement: Dated January 2, 2026

These agreements provide the contractual basis for Quality Power Electrical Equipments' right to nominate a director to Sukrut Electric Company's board.

Compliance and Disclosure

The company has fulfilled its disclosure obligations by informing both major stock exchanges about this development. The information has also been made available on the company's official website at www.qualitypower.com , ensuring comprehensive stakeholder communication. Company Secretary and Compliance Officer Deepak Ramchandra Suryavanshi signed the regulatory filing from the company's Sangli office.

Historical Stock Returns for Quality Power Electrical Equipments

1 Day5 Days1 Month6 Months1 Year5 Years
+2.79%+28.46%-8.01%+0.64%+97.07%+97.07%
Quality Power Electrical Equipments
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