What was Quality Power Electrical's revenue in Q4 FY26?

Quality Power Electrical reported revenue of ₹281 Cr in Q4 FY26, a +57% change year-over-year.

Did Quality Power Electrical management deliver on previous promises?

Scorecard data is being built as historical quarters are processed.

Quality Power Electrical Q4 FY26 Research Workspace: Revenue ₹281 Cr (+57%)

Q: What guidance did Quality Power Electrical management give?

FY27 revenue growth of 15-20%: Management guided for 15-20% consolidated revenue growth in FY27, citing capacity constraints and S-curve dynamics before new factories ramp up.

Revenue ₹281 Cr +57%

EBITDA ₹236 Cr +98%

PAT ₹51 Cr +85%

EBITDA Margin 11%

Duration 87 min

Read Time 1 min read

✓ Verified against BSE filing

2-Minute Summary

✦ AI-Generated from Full Transcript

Quality Power delivered a strong FY26, crossing ₹1,007 crore in consolidated revenue (57% YoY) with EBITDA of ₹236 crore (98% YoY) and PAT of ₹185 crore (85% YoY). EBITDA margin expanded to 23.5%, above revised guidance. Q4 revenue was the highest ever at ~₹310 crore, though reported EBITDA margin dipped to 19.1% due to a non-cash IAS-29 hyperinflation adjustment of ₹25.7 crore in the Turkish subsidiary Endox; normalized PAT would have exceeded ₹210 crore. The order book stands at a record ₹1,400 crore (1.4x revenue), with strong inflows from HVDC, data centers, and BESS. Management guided for 15-20% revenue growth in FY27 as new capacities ramp up, with a sharper acceleration expected in FY28. Key risks include supply chain constraints (insulators, winding conductors) and raw material volatility from geopolitical tensions.

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Research workspace

Focused Modules

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Risk Intelligence

Supply chain constraints on insulators and winding conductors

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Quarter Snapshot

Order Book ₹1,400 Cr

+40% YoY

Record order book at 1.4x FY26 revenue, providing strong forward visibility.

Q4 Order Inflow ₹870 Cr

+45% QoQ

Strong order intake driven by HVDC, data center, and BESS wins.

BESS Order Target $80M

+158% YoY

Management targets $80M in BESS orders for FY27, up from $31M already booked.

Gross Margin Q4 47.7%

+400bps QoQ

Q4 gross margin expanded to 47.7% due to richer product mix and higher engineering content.

Fast read

Guidance and risk preview

Top guidance FY27 revenue growth of 15-20%

Management guided for 15-20% consolidated revenue growth in FY27, citing capacity constraints and S-curve dynamics before new factories ramp up.

Top risk Supply chain constraints on insulators and winding conductors

Execution challenges due to insulator and winding conductor shortages are impacting deliveries; mitigation includes own cable manufacturing.