Quality Power Electrical Equipments Limited — Q2FY27 earnings call summary

Filed 07 November 2026 · Official transcript

Working capital elevated due to new capacity ramp-up and inventory buildup; expected to normalize in 24-36 months
FY28 growth guidance ~50%; stable group EBITDA margin ~25%, with segment variations
Q2 FY27 consolidated revenue INR285.45 Cr; PAT INR63.33 Cr, +80.1% y-y
Win-Win Specialty Insulators secured orders for 800 kV HVDC and 765 kV AC insulators; ramp-up expected with INR200 Cr revenue guidance for FY28
Capital raise via QIP (~INR700 Cr) planned for acquisition, capacity expansion, working capital, and US office setup
Order book crossed INR2,000 Cr; 95% fixed-price contracts with 15-18 months execution
PCS factory capacity 4 GW (~INR1,500 Cr revenue potential); margins initially 10-12%, to be updated post stabilization
Manufacturing expansions: Sangli coil factory operational from Oct 20; customer audits ongoing, focus on production stabilization