Parth Electricals shares surge 4% after securing orders worth ₹61.78 crores across multiple business segments

Parth electricals & engineering Ltd shares gained approximately 4% in trading after the electrical equipment manufacturer announced securing new orders worth ₹61.78 crores across multiple business segments. The stock reached a high of ₹205, compared to its previous day closing price of ₹200.15, with the company maintaining a market capitalisation of ₹272 crores.

Order Book Enhancement Across Business Segments

The new orders represent significant diversification across the company's three core business areas. The breakdown of orders demonstrates strategic positioning across different market segments:

The EPC segment contributed the largest portion at ₹36.67 crores, focusing on high-voltage power sector projects including 66 kV/11 kV GIS substation work. This showcases the company's growing delivery capacity in complex power infrastructure projects.

Strengthened Order Book and Execution Timeline

With these new additions, Parth Electricals' total order book has reached ₹178 crores, scheduled for execution over the next four quarters beginning February 2026. The diversified nature of orders provides revenue stability through domestic manufacturing while enabling international expansion through US market orders worth ₹3.27 crores.

The services segment orders of ₹8.04 crores offer additional revenue stream diversification, though management indicates these may require relatively longer execution timelines compared to EPC projects. This mixed portfolio approach helps mitigate execution risks while maintaining steady revenue flow.

Financial Performance and Market Position

The company demonstrated strong financial growth in the first half of FY26:

The shares currently trade at a PE ratio of 22.50, slightly above the industry average of 21.70. Since listing in August 2025, the stock has delivered returns of 16%, reflecting investor confidence in the company's growth trajectory.

Strategic Client Portfolio and Market Presence

Parth Electricals maintains partnerships with prominent clients across India's industrial and infrastructure ecosystem. The client base spans multiple sectors including power utilities, renewable energy, oil & gas, metals, cement, chemicals, rail & metro, and large manufacturing conglomerates.

Key partnerships include PSU giants such as NTPC, Power Grid, IOCL, GAIL, Tata Power, and Delhi Metro, alongside private sector leaders like Adani, Reliance, JSW, UltraTech, ABB, Siemens, Schneider, and Waaree. This diversified client portfolio demonstrates the company's delivery capabilities and regulatory compliance standards while positioning it for potential repeat orders in energy transformation and infrastructure development projects.