Quality Power Electrical Equipments ltd. - History, Latest Updates, Milestones, Subsidiaries & Share Price
Company Overview
Quality Power Electrical Equipments Ltd, established in 2001 with headquarters in Sangli, Maharashtra, manufactures high-voltage gear and clean energy integration systems. Its facilities in Sangli and Aluva, Kerala, serve key areas like utilities, power plants, smart grids, renewables, transport, and advanced FACTS/HVDC tech, offering reactors, transformers, capacitor banks, filters, STATCOM, and SVC units.
With over two decades of expertise across 100+ countries, the firm leads in sustainable power innovations amid the green energy shift. Investors tracking Quality Power Electrical Equipments Ltd share price can capitalize on growth from renewables, grid upgrades, and capacity expansion via Enrich Money platform.
Recent Developments in 2025 & 2026
January 2025
In Q3 FY25, the company reported Revenue from Operations of Rs.72.6 crore, while EBITDA rose 63.2% YoY to Rs.17.4 crore. During the quarter, it acquired a 51% stake in Mehru Electrical & Mechanical Engineers for Rs.120 crore to strengthen its high-voltage instrument transformer segment. The board also cleared plans for new units at Sangli and Cochin, supported by a robust pending order book of about Rs.1,800 crore.
February–April 2025
In February, the IPO was completed, raising Rs.85.86 crore to support its expansion plans. Revenue for Q4 FY25 reached Rs.129.9 crore in aggregate, while profit after tax surged 74.1% to Rs.30.5 crore at 23.5% margins. As of year-end FY25, the backlog stood at an all-time high of Rs.750 crore, including subsidiary contributions, corresponding to 15-18 months of forward earnings.
May–July 2025
The directors recommended a final dividend of Rs.1 per share, which is 10% payout. Mehru's Bhiwadi facility planned to increase output by 45% through additional autoclaves for supply to India, Southeast Asia, and Africa. Provisional approval received to increase the stake in Nebeskie Labs to 26% that would support advancement of IIoT solutions for smart urban infrastructure.
August 2025
Quality Power Electrical Equipments Ltd released Q1 FY26 results on August 7, revealing strong revenue growth and profit margins, with an earnings call held the next day. Notable wins featured dry-type shunt reactors supplied to Abu Dhabi Transmission Company in the UAE and oil-immersed limiting reactors for US buyers. These order breakthroughs fueled positive sentiment around Quality Power Electrical Equipments Ltd share price.
September 2025
September 25 observed the 24th Annual General Meeting, complete with summary of results and dissemination of FY25 Annual Report. Past events included record dates for the AGM and dividend payment, and promotions for e-voting in print media advertisements. Mehru entered into a key joint development agreement with Hyosung T&D India, strengthening its strategic collaboration..
?October–November 2025
Wins flowed in involving high voltage air core reactors, copper-wound iron-core types, STATCOM schemes, FACTS solutions, and instrument transformers validated by letters of intent. The disclosures involved 50% investment in Sukrut Electric through a share purchase agreement and new equity in Nebeskie Labs. Mehru won Rs.26 crore Power Grid order for current transformers in November.
December 2025–January 2026
The company actively joined investor events, such as the Motilal Oswal conference held on January 5, 2026. Q2 FY26 earnings in early January showed revenues climbing 12.8% quarter-on-quarter to Rs.218.88 crore with a 112.4% YoY surge and net profit reaching Rs.35.17 crore, up 161.9% annually despite slight sequential drops. Quality Power Electrical Equipments Ltd share price fluctuated from Rs.680 to Rs.980, signaling bullish momentum from robust order inflows.
Evolution
The Early Years (2001)
The company was issued its incorporation papers by the Pune Registrar of Companies on 20th September 2001. The company was founded in Sangli, Maharashtra, and its specialty was the manufacturing of equipment used in power generation, transmission, and distribution, as well as automation. All this was in preparation for catering to the growing demands of energy in India.
Global and Domestic Growth (2011-2019)
It expanded its subsidiary globally in 2011 when it acquired Turkey's Endoks Enerji Anonim Sirketi, thus improving global power engineering capabilities. In 2019, its purchase of S&S Transformers & Accessories Private Limited improved its transformer manufacturing capabilities. All these deals have helped it diversify its services in high-voltage technology. ?
Important Transitions (2022–2024)
In 2022, it acquired the operations of Bangalore-based Electrical Power Equipment Company and a 15.45% stake in Nebeskie Labs through a subsidiary, catalyzing technological development. The board approved a transition to a public company in February 2024. Once approved in March 2024, the company was renamed on June 14.
?Public Market Entry (2025)
The company went public through an IPO held from February 14–18, 2025, comprising a fresh issue and an offer for sale, and later listed on both BSE and NSE. After debuting in the Rs.268–Rs.346 range in April 2025, Quality Power Electrical Equipments Ltd saw strong Q4 FY25 sales traction, with the stock rallying about 118% and trading in the Rs.700–Rs.1,000 zone by year-end.
Ongoing Expansion (2025–2026)
In FY25, the Rs.120 million buyout of 51% in Mehru Electrical & Mechanical Engineers opened doors for 500kV instrument transformers for India, Southeast Asia, and Africa. A four-year deal for 161kV coils came from an Israeli partner plus a January 2026 joint venture via a 50% stake in Sukrut at Rs.52.4 million. Presently, Quality Power Electrical Equipments Ltd share price is near Rs.736, backed by Rs.5,699 crore market cap and 26.6% ROCE.
Company Information
| Company Information | |
| Trade Name | Quality Power Electrical Equipments Ltd |
| Founded year | 2001 |
| Headquarters | Sangli, Maharashtra, India |
| Industry | Electric Equipment (Heavy Electrical Equipment sub-sector) |
| Chairman | Thalavaidurai Pandyan |
| Revenue | 563 Cr (2025) |
| NSE code | QPOWER |
| BSE code | 544367 |
Milestones
Quality Power Electrical Equipments Ltd started operations in the year 2001 as a Private Company at Pune, Maharashtra, and its initial product line included the development of reactors and transformers to manufacture high voltage power equipment.
?Beginning in 2001
Incorporated on September 20, 2001, the Company started as a private limited company in Pune, the state of Maharashtra. The Company’s early business included the manufacturing of reactors and transformers, laying the foundation for future development in advanced electrical systems.
Main Acquisitions (2011-2019)
A subsidiary acquired Endoks Enerji Anonim Sirketi in Turkey during 2011, bolstering knowledge of renewable energy solutions as well as digital transformation. In 2019, the company acquired S&S Transformers & Accessories Pvt. Ltd. in Kerala, marking its entry into cast resin and medium-voltage instrument transformer manufacturing.
Strategic Advances (2022)
It also absorbed operations from the Electrical Power Equipment Company in Bangalore, scaling up high-voltage instrument transformer output to 145kV levels. It even acquired a 15.45% stake in Nebeskie Labs Private Limited to give its technology innovations an edge.
?Shift to Public 2024
The nods from the board and the shareholders alike allowed it to be converted into a public limited on June 14, 2024. This pivotal change positioned the firm for wider investor reach and capital infusion.
?IPO Milestone (2025)
The IPO ran from February 14 to 18, 2025, blending fresh shares and an offer for sale to gather funds. Listing hit the BSE and NSE on February 21, 2025, where the Quality Power Electrical Equipments Ltd share price showed strong market enthusiasm.
Recent Victories (2025)
The majority acquisition of Mehru Electrical & Mechanical Engineers Pvt. Ltd. in 2025 significantly enhanced the company’s high-voltage transformer capabilities, extending capacity up to the 500 kV level. Q2FY26 showed 112% revenue growth at INR 218.90 crores, owing to its HVDC orders, partnership for GIS technology from Hyosung, and order book of over INR 830 crores.
Quality Power Electrical Equipments Latest News , Major Corporate Actions & Announcements In 2025 & 2026
Quality Power Electrical Equipments Ltd share price has been highly volatile since listing on the market, as has been the trend with other companies operating in the electrical equipment industry. The quality power IPO listing marked another significant event on the journey of investors who follow these massive electricals companies. Major events have occurred as 2025 has transitioned into 2026.
Quality Power Electrical Equipments Share Price
As of mid-January 2026, Quality Power Electrical Equipments Ltd share price is trading in the range of 681-683 INR on the NSE, down from the last close at around 736 INR. This marks a decline of more than 7% on a daily basis, with the Quality Power Electrical Equipments Ltd share price having fluctuated between 267 INR and 1082 INR in the past year. The market cap is around 52,782 crore INR with an PE ratio of approximately 64.8 in relation to an EPS of 10.52 INR.
IPO & Listing Information
Quality Power Electrical Equipments Ltd, went for an IPO launch in February of the year 2025 with an offering of the total of 20.2 million shares with a Quality Power Electrical Equipments Ltd share price band ranging from 401-425 INR with the total of approximately 858 crore INR of funds raised via an IPO, which includes an offering for sale. The quality power IPO listing opened with much vigor and enthusiasm in the market as soon as the allotment took place, which marked February 20, 2025.
?Essential Corporate Activities
In 2025, the company registered robust Q2FY26 revenue growth to 2189 million INR, up from 1031 million INR the previous year, indicating business growth in the area of high-voltage equipment. The company made strategic maneuvers such as enhancing stake in Sukrut Electric Company Pvt. Ltd., approximately in September 2025. The debtor days increased to 149, indicating the effect of changes in the working capital. The debt equity ratio was low at 0.23.
?Key 2026 Announcements
Early 2026 developments include board intimation for general company matters, with stock rising 3.77% in the previous month before the recent pullbacks. Return on equity stabilized at and around 20.57% to maintain interest in profits for the challenging industry. Continuous stock exchange filings emphasize company transparency in the midst of market volatilities
Quality Power Electrical Equipments Ltd Share Price
| Company Name | Sector | Share Price Link |
| Quality Power Electrical Equipments Ltd. | Electricals | Quality Power Electrical Equipments Ltd Share Price |
Conclusion
Quality Power Electrical Equipments Ltd is at the forefront of developing high-voltage equipment, catalyzing a clean-energy conversion in India since its incorporation in 2001. FY26 performance is strong as Q2 growth records a revenue hike of 112% to Rs.219 crores, along with an order backlog of Rs.830 crores, acquiring critical deals such as Mehru & Sukrut. Invest in Quality Power Electrical Equipments Ltd share price through Enrich Money to ensure steady gains, propelled by global growth along with ROCE of 26.6%, solidifying it as a trendsetter in eco-friendly power tech.
Frequently Asked Questions
What is the latest Quality Power Electrical Equipments Ltd share price?
Quality Power Electrical Equipments ltd share price range between Rs.680-Rs.700 on NSE due to compelling demand in the Electrical equipment sector.
What are Quality Power IPO listing price details?
Quality Power IPO opened higher than the issue price, reaching Rs.267-Rs.300 in quick time due to high post-listing investor enthusiasm.
What is Short-term quality power electrical equipments ltd share price future target?
Quality Power Electrical Equipments Ltd is hopeful of reaching Rs.900-Rs.1,000 shortly, on the back of expanding the power industry and good financials.
What is Quality Power Electrical Equipments Ltd share price prediction?
Quality Power Electrical Equipments Ltd estimates 20-25 percent growth over the next year, powered by growing project pipelines.
What is Quality Power Electrical Equipments Ltd share price target by 2030?
Quality Power Electrical Equipments Ltd share price aims at more than Rs.2,500 by 2030, considering the continuous changes occurring in the energy sector and increasing their profits.
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