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Latest news about Quality Power Electrical Equipments

Quality Power Electrical Equipments Secures ₹26 Crore Order, Boosting Market Position Nov 21, 2025

Quality Power Electrical Equipments Limited's subsidiary, Mehru Electrical and Mechanical Engineers Private Limited, has won a ₹26 crore order from Power Grid Corporation of India Limited. The order is for 400kV, 220kV, and 132kV Oil-Cooled Current Transformers, to be executed within 12 months. This marks the largest single order for the company's instrument transformer product line, strengthening its position in India's power transmission sector. Revenue recognition is expected from Q4 FY2025-26.

Quality Power Electrical Reports 112% Revenue Growth in Q2FY26, Secures Landmark HVDC Orders Nov 19, 2025

Quality Power Electrical Equipments Reports 112% Revenue Growth in Q2 FY2026, Secures Rs 8,300 Million Order Backlog Nov 13, 2025

Quality Power Electrical Equipments Reports Robust Q2 Performance with 108% Revenue Growth Nov 12, 2025

Quality Power Electrical Equipments Expands Portfolio with Strategic Acquisitions Oct 07, 2025

More news about Quality Power Electrical Equipments

30Sept 25

Quality Power Electrical Equipments Secures ₹139.4 Million International Order for High Voltage Air Core Reactors

Quality Power Electrical Equipments Limited has won an international order worth ₹139.40 million (₹13.94 crores) for supplying high voltage air core reactors. The order, to be executed over approximately 18 months, is from an undisclosed international client due to a Non-Disclosure Agreement. This achievement demonstrates the company's capability in securing international contracts for specialized high voltage electrical equipment.

26Sept 25

Quality Power Electrical Equipments Secures Multiple Orders Totaling Over 314 Million Rupees

Quality Power Electrical Equipments Limited has announced multiple new orders and contracts totaling ₹467 million. The company secured orders worth ₹177 million and ₹110 million. Its subsidiary, Mehru Electrical and Mechanical Engineers Private Limited, received a ₹177 million LOI for Instrument Transformers. Additional orders include a ₹110 million contract for Air Core Reactor and an ₹80 million order for Iron-Core Copper Wound Reactor. The company held its 24th AGM, adopting financial statements, declaring dividends, and reappointing directors.

24Sept 25

Mehru Electrical Inks Co-Development Deal with Hyosung for GIS Instrument Transformers

Quality Power Electrical Equipments Limited's subsidiary, Mehru Electrical and Mechanical Engineers Pvt. Ltd., has entered into a co-development agreement with Hyosung T&D India Pvt. Ltd. for gas-insulated switchgear (GIS) instrument transformers. The partnership aims to combine Hyosung's global expertise with Mehru's manufacturing proficiency. Key aspects include Mehru becoming one of the first Indian companies to co-develop GIS instrument transformer technology for global markets, supporting the 'Make in India' initiative, and expecting initial product development within 12 months. The global GIS market is projected to grow at a 7-8% CAGR through 2030, positioning Mehru to capitalize on this growth and diversify into the GIS value chain.

16Sept 25

Quality Power Electrical Equipments Secures INR 11.5 Crore Order for STATCOM Reactor Supply

Quality Power Electrical Equipments Limited has received a purchase order worth approximately INR 11.50 crores for supplying reactors for a STATCOM project. The order, from an undisclosed domestic entity, is to be executed within 12 months. This single large order highlights the company's capabilities in manufacturing critical electrical components for power systems. The company has disclosed this material development in compliance with SEBI regulations, confirming it's not a related party transaction and promoters have no interest in the awarding entity.

08Sept 25

Quality Power's Subsidiary Secures Rs 75.19 Crore FACTS System Orders from European Steel Plant

Quality Power Electrical Equipments Limited's subsidiary, ENDOKS ENERJİ ANONİM ŞİRKETİ, has received two significant orders for Flexible AC Transmission Systems (FACTS) from a European customer. The combined value of these orders is approximately Rs 75.19 crore. The FACTS systems will be supplied to a steel plant in Europe, with delivery expected over the next year. This development marks a notable business achievement for the company in the international power systems market.

08Aug 25

Quality Power Co Secures ₹34.75 Crore Order from Abu Dhabi Transmission Company

Quality Power Electrical Equipments Ltd. has won a ₹34.75 crore order from Abu Dhabi Transmission Company for Dry-Type and Oil-Filled Shunt Reactors. The equipment, using proprietary Dry-Q technology, will be manufactured in Sangli, India. This order strengthens Quality Power's presence in the UAE market, where they have previously delivered coil products up to 230kV. The company secured the order despite competition from European and Chinese manufacturers, citing their technical capability and project performance. Quality Power also notes a global surge in demand for coil products, particularly in the U.S. market.

07Aug 25

Quality Power Electrical Equipments Reports Robust Q1 FY2026 Results with Strategic Expansion

Quality Power Electrical Equipments Limited (QPEEL) announced robust Q1 FY2026 results with consolidated revenue of ₹1,767.17 crore and PAT of ₹370.64 crore. The company maintains a healthy order backlog of ₹775 crore. QPEEL is expanding capacity with projects in Sangli, Cochin, and through Mehru. A strategic acquisition of Sukrut Electric Company was executed for €1 million. QPEEL secured a 500kV air-core dry-type smoothing reactor order for the Rihand–Dadri HVDC project. The company's net debt is ₹13 crore, with ₹250 crore in cash and equivalents. QPEEL is focusing on capacity ramp-up and has approved the formulation of an ESOP policy.

29Jul 25

Quality Power Subsidiary Boosts Stake in Nebeskie Labs to 26%, Eyeing Industry 4.0 Expansion

Quality Power Electrical Equipments Limited, a subsidiary of Quality Power Engineering Projects Private Limited, is increasing its stake in Nebeskie Labs Private Limited from 14.5% to 26%. The deal involves purchasing 3,040 new equity shares for Rs 1.67 crore in cash, at a premium of Rs 5,498 per share. Nebeskie Labs, a technology company specializing in Industry 4.0 and AI solutions, has shown significant growth with its turnover increasing from Rs 0.31 crore in FY 2023 to a projected Rs 1.09 crore in FY 2025. This strategic move aims to enhance product development and expand offerings in the Industry 4.0 and AI sectors.

22Jul 25

Quality Power Secures ₹10 Crore Order for Finnish Data Centre Project, Expanding Global Footprint

Quality Power Electrical Equipments Limited has won an international order worth ₹10 crore to supply dry-type Shunt Reactors for a hyperscale data centre project in Finland. The order, to be executed within 12 months, marks the company's entry into large-scale data centre applications globally. The reactors will be manufactured at Quality Power's facility in Sangli, India, and are designed to manage reactive power flows and ensure voltage stability for the data centre's grid interconnection. This contract validates the company's product in the European market and showcases its ability to meet the needs of modern data centres, particularly in regions emphasizing grid stability and power factor correction.

24Jun 25

Quality Power to Boost Production with New Global Coil Factory in Sangli

Quality Power Electrical Equipments announces plans to expand its manufacturing capabilities by setting up a new global coil factory in Sangli. This strategic move aims to enhance production capacity and potentially broaden market presence. The expansion is expected to increase manufacturing capacity, improve ability to meet market demand, possibly introduce new product lines, and strengthen the company's competitive position globally. While financial details are not disclosed, the move signals the company's confidence in future market opportunities and commitment to long-term growth in the power sector.

30May 25

Quality Power Eyes 500 Crore Rupees in New Orders for FY26, Projects Revenue of 7-8 Billion Rupees

Quality Power anticipates securing new orders worth 500 crore rupees in FY26, adding to its current order book of 750 crore rupees. The company has provided revenue guidance of 7-8 billion rupees for FY26, signaling significant growth expectations in the power sector.

27May 25

Quality Power Electrical Equipments Reports Strong Q4 Results, Declares Dividend

Quality Power Electrical Equipments Ltd. announced impressive Q4 FY2023-24 results with consolidated net profit rising to ₹19.40 crore, up from ₹15.20 crore YoY. Revenue surged to ₹110.00 crore from ₹39.20 crore YoY, a 180.61% increase. EBITDA grew to ₹16.30 crore, though EBITDA margin decreased to 14.82%. The company declared a final dividend of ₹1.00 per equity share, subject to shareholder approval.

16May 25

Quality Power Electrical Equipments Secures ₹20 Crore Order

Quality Power Electrical Equipments has secured an order worth approximately ₹20.00 crore (200.00 million rupees). The company, which operates in the electrical equipment sector, has not disclosed specific details about the nature of the order or the client. This new order is expected to boost the company's revenue, potentially strengthen its market position, and may increase investor confidence.

16May 25

Quality Power Electrical Equipment Secures 4-Year Framework Order from Israeli Firm

Quality Power Electrical Equipment has obtained a strategic 4-year framework order from an undisclosed Israeli company for the supply of 161kV high voltage coils. This long-term agreement signifies potential international expansion and a steady revenue stream for the company. While specific financial details are not disclosed, the order is expected to enhance the company's reputation and market position in the electrical equipment sector.

25Feb 25

Quality Power Electrical Equipments Makes Modest Debut on Stock Exchanges

Quality Power Electrical Equipments listed at ₹430 per share, a 1.2% premium over its IPO price of ₹425. However, the stock closed at ₹387.9, down 9.8% from its listing price, with a market cap of ₹2,969.98 crore. The IPO included a fresh issue of ₹225 crore and an offer for sale of 14.9 million shares, with a subscription rate of 1.29 times.