Power & Instrumentation
126.57
+3.52(+2.86%)
Market Cap₹225.71 Cr
PE Ratio17.05
Company Performance:
1D+2.86%
1M+1.34%
6M-6.84%
1Y-54.48%
5Y+42.21%
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More news about Power & Instrumentation
10Oct 25
Power & Instrumentation (Gujarat) Secures ₹102.78 Crore Orders for RDSS Infrastructure Projects
Power & Instrumentation (Gujarat) Limited (PIGL) has secured orders worth ₹102.78 crores from Ajmer Vidyut Vitran Nigam Limited (AVVNL) under the Revamped Distribution Sector Scheme (RDSS). The orders involve two projects in Rajasthan: ₹68.22 crores for Dungarpur Circle and ₹34.56 crores for Salumbar Circle. Both projects focus on the supply, erection, installation, testing, and commissioning of equipment for 11 KV mixed feeder segregation, with a 15-month completion timeline. This follows a previous ₹70.55 crore contract from AVVNL in August, demonstrating the client's confidence in PIGL's capabilities. The company, founded in 1975, specializes in EPC solutions for power transmission and distribution, and recently migrated to the main boards of NSE and BSE.
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08Oct 25
Power & Instrumentation (Gujarat) Secures ₹68.22 Crore Order for Rajasthan Project
Power & Instrumentation (Gujarat) Limited has won a ₹68.22 crore order from Ajmer Vidyut Vitran Nigam Limited for a distribution infrastructure project in Rajasthan. The project, valued at 23.52% of the company's current market capitalization of ₹290.00 crore, has a 15-month completion timeline. This significant contract demonstrates the company's capability to secure major projects in the power sector and could potentially boost its revenue stream in the coming financial year.
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16Sept 25
Power & Instrumentation (Gujarat) Limited Secures ₹4.09 Crore Arbitration Award Against Chennai Port Trust
Power & Instrumentation (Gujarat) Limited (PIGL) has won an arbitration case against Chennai Port Trust, securing ₹4.09 crore plus 18% annual interest. The dispute related to a 2014 agreement for power supply arrangements at Madhusudan Jetty. The award includes the principal amount and interest from September 15 until payment. PIGL's Company Secretary stated this will positively impact the company's financial position.
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11Sept 25
Power & Instrumentation (Gujarat) Acquires Majority Stake in Peaton Electrical for Rs 12.54 Crore
Power & Instrumentation (Gujarat) Limited (PIGL) has acquired an additional 35.82% stake in Peaton Electrical Company Limited (PECL) for Rs 12.54 crore in cash. This increases PIGL's total shareholding in PECL from 15.24% to 51.06%, making PECL a subsidiary. PECL specializes in manufacturing LT panels, bus trunking systems, and compact substations. The acquisition aims to enhance collaboration in product development, new technologies, and supply chain relationships. PECL's existing promoters will continue to lead management and operations post-acquisition. The transaction, classified as a related party transaction at arm's length, has received necessary regulatory approvals.
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28Aug 25
Power & Instrumentation Secures Rs. 9.5 Crore Solar Project Contract in Gujarat
Power & Instrumentation has won a Rs. 9.5 crore contract from Sadashiv Projects India Private Limited for a 5 MWP solar ground-mounted project in Gujarat. The scope includes design, engineering, supply, and testing services for multiple locations. The project is to be completed within 6 months. This contract, disclosed in compliance with SEBI regulations, does not involve related party transactions and strengthens the company's position in the renewable energy sector.
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14Aug 25
Power & Instrumentation Reports 40% Net Profit Growth in Q1
Power & Instrumentation (PIGL) reported strong Q1 results with net profit up 40.18% YoY to ₹2.62 crores. Total revenue increased by 59.81% to ₹41.55 crores, while EBITDA rose to ₹4.28 crores. The company secured two major orders: a ₹57.89 crore project for Udaipur Airport electrification and a ₹70.55 crore order from Ajmer Vidyut Vitran Nigam Limited. PIGL appointed Mr. Kasivishwanath as President of Operations and plans to increase its stake in Peaton Electricals Company Limited from 15% to 60%. The company is expanding into solar EPC and Battery Energy Storage Systems markets.
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11Aug 25
Power and Instrumentation Secures ₹71 Crore Order from Ajmer Vidyut Vitran Nigam
Power & Instrumentation (Gujarat) Limited has received a ₹71 crore order from Ajmer Vidyut Vitran Nigam Limited for distribution infrastructure development. The project covers 9 circles, focusing on tribal village electrification under the DA-JGUA scheme. The 12-month project includes supply, installation, and commissioning of equipment for un-electrified households and public institutions. This order represents a significant portion of the company's ₹227 crore market capitalization.
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11Jul 25
Power & Instrumentation (Gujarat) Appoints Industry Expert Kasivishwanath as New Operations President
Power & Instrumentation (Gujarat) Limited (PIGL) has appointed Mr. Kasivishwanath as its new President of Operations, effective July 11, 2025. He brings over 20 years of experience in manufacturing and EPC sectors, and will manage projects valued at over ₹1,000 crore. Mr. Kasivishwanath replaces Mr. Kuldeep M. Rathod in this role. PIGL, a leader in electrical contracting, reported a total income of ₹171.28 crore, EBITDA of ₹19.59 crore, and net profit of ₹11.75 crore for FY 2025.
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Power & Instrumentation
126.57
+3.52
(+2.86%)
1 Year Returns:-54.48%
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