Quality Power Electrical Equipments Delivers Strong Operational Performance, Announces 2.5% Interim Dividend and Major Expansion Milestones

Quality Power Electrical Equipments Limited has reviewed its performance and strategic initiatives during its recent Board meeting, highlighting robust business growth, shareholder returns, aggressive capacity expansions, and progress on key corporate developments.

Robust Business Performance and Order Book

The Board placed on record its appreciation for the strong operational and financial performance achieved during the quarter, despite ongoing volatility in raw material prices. Growth momentum remains firm, supported by sustained demand visibility across the company's key business segments. Quality Power currently holds a substantial order book position of approximately ₹1,900 crore along with a robust enquiry pipeline, securing healthy revenue visibility for the remainder of the financial year.

Declaration of Interim Dividend

Demonstrating commitment to shareholder value, the Board approved an interim dividend of Rs. 0.25 (Rupees Twenty Five Paise only) per fully paid-up equity share of face value Rs. 10 each for the financial year 2026-27, representing 2.5% of the face value.

The record date to determine eligible shareholders for the interim dividend has been fixed as Friday, August 14, 2026. Payment will be disbursed within the timelines prescribed under the Companies Act, 2013.

Key Operational Progress Across Expansion Programmes

The company continues to advance its strategic capital expenditure and capacity expansion plans across multiple sites:

Sangli Manufacturing Facility: Machinery installation has commenced. Subject to receiving mandatory regulatory clearances from authorities, trial production is expected to begin in August 2026.

HVDC CTC Magnet Wire Facility: Part of the machinery is ready, with installation scheduled to start in August 2026.

Endoks PCS Facility: Civil construction is complete, and interior fit-out work is underway. The facility is slated to become operational in the third quarter of FY 2026-27.

Clearance for Winwin Speciality Insulators Acquisition

The Board formally took on record the confirmatory due diligence report regarding the proposed acquisition of Winwin Speciality Insulators Limited. With no adverse findings arising from the due diligence exercise, the Board authorized management to negotiate and execute the Share Purchase Agreement and take all necessary steps to complete the acquisition.

Merchant Bankers Appointed for Fund Raising

To support ongoing growth initiatives, the Board approved the appointment of Pantomath Capital Advisors Pvt Ltd and Motilal Oswal Financial Services Ltd as Merchant Bankers. They will lead the company's proposed fund-raising activity via preferential issue or other permissible mechanisms.

Shares of Quality Power Electrical Equipments Limited was last trading in BSE at Rs. 1122.30 as compared to the previous close of Rs. 1157.35. The total number of shares traded during the day was 6732 in over 596 trades.

The stock hit an intraday high of Rs. 1164.00 and intraday low of 1108.00. The net turnover during the day was Rs. 7609234.00.

Source : Equity Bulls

Keywords

QualityPowerElectricalEquipments INE0SII01026 HeavyElectricalEquipment InterimDividend CapacityExpansion