Synopsis:
Quality Power Electrical Equipments Ltd. received a Rs. 34.75 crore export order.
A small-cap company that is engaged in the business of energy transition equipment and power technologies is in the spotlight after receiving a new export work order worth Rs. 34.75 crore.
With the market capitalization of Rs. 5,982 crore, the shares of Quality Power Electrical Equipments Ltd are trading at Rs. 773, down by 0.60 percent from its previous day’s close price of Rs. 777.55 per equity share, and it has reached a high of Rs. 834.65.
Work Order
Quality Power Electrical Equipments Ltd. has received a Rs. 34.75 crore order from Abu Dhabi Transmission Company, a Fortune 500 utility in the UAE, to supply Dry-Type and Oil-Filled Shunt Reactors with their proprietary Dry-Q technology. The products will be manufactured in Sangli, India, and delivered within the next year, boosting the company’s presence in the UAE market.
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Management View
Mr. Waingankar, Quality Power’s Head of Coil Product Sales, stated that the order was won with healthy margins despite competition from European and Chinese players, citing the company’s technical expertise, proven performance, and dependability.
He highlighted the UAE’s continued trust in Quality Power for critical grid projects, as well as rising global demand for coil products, particularly in the United States, which is being driven by supply-demand gaps. This transaction reinforces the company’s global presence and leadership in high-voltage power solutions for reliable and sustainable energy infrastructure.
About the Company & Others
Quality Power Electrical Equipment Ltd. is a publicly traded Indian multinational company that produces high-voltage power equipment and power quality solutions. With a presence in more than 100 countries, it assists utilities and industries in maintaining grid stability and efficiency. The company operates advanced, certified facilities and provides engineered products up to 765 kV, playing an important role in the global energy transition.
The company has an order backlog exceeding Rs. 775 crore, driven by contributions from Quality Power Equipments, Endoks, and Mehru. A return on equity (ROE) of about 22.9 percent and a return on capital employed (ROCE) of about 27.6 percent demonstrate the company’s position. At the moment, the company’s P/E ratio is 85.5x higher as compared to its industry P/E 55.7x. The debt-to-equity ratio stands at 0.02.
Written by Akshay Sanghavi
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