Power & Instrumentation (Gujarat) LimitedPIGLCorporate

Electric Equipment Latest results: Jun 2026 14 quarters of data

₹94.52

MCap ₹200 Cr · P/E 13.1

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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹49 Cr

Sales · Jun 2026

+18.4% YoY

₹5 Cr

Operating Profit · Jun 2026

+24.5% YoY

10.3%

OPM % · Jun 2026

+5.1% YoY

₹3 Cr

Net Profit · Jun 2026

+16.4% YoY

₹1.44

EPS · Jun 2026

-4.0% YoY

📝 Power & Instrumentation (Gujarat) Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Power & Instrumentation (Gujarat) Limited reported revenue of ₹49 crore for the quarter ended June 2026 (Q1 FY27), up 18.4% from ₹41 crore in the same quarter last year, and down 16.5% sequentially over the March 2026 quarter.

Net profit rose 16.4% year-on-year to ₹3 crore, from ₹3 crore. Earnings per share (EPS) came in at ₹1.44.

Operating profit stood at ₹5 crore — an operating margin (OPM) of 10.3%, compared with 9.8% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Power & Instrumentation (Gujarat) Limited posted revenue of ₹219 crore, a growth of 29.6% over FY25, with a net profit of ₹15 crore (up 26.9% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹226 crore with a net profit of ₹15 crore.

Valuation snapshot

At the current price of ₹94.52, PIGL has a market capitalisation of ₹200 crore and a trailing P/E of about 13.1.

Within the Electric Equipment industry, it is the 25th-largest of the 41 companies we track by market value.

Shareholding pattern

As of Jun 2026, domestic institutional investors (DIIs) 0.82%, promoters held 50.69%, public shareholders 48.49% of Power & Instrumentation (Gujarat) Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹200 Cr

Current Price ?

₹94.5

P/E ?

13.11below ind

Industry P/E ?

29.80

P/B ?

1.32

P/S ?

0.88

P/FCF ?

-33.35

Enterprise Value ?

₹214 Cr

EV/EBITDA ?

8.94

PEG ?

0.22

Earnings Yield ?

10.8%

Dividend Yield ?

0.22%

Profitability & Returns

Sales (TTM) ?

₹226 Cr

OPM ?

10.6%

Profit after tax (TTM) ?

₹15 Cr

EPS (TTM) ?

₹7.21

ROCE ?

15.0%

ROE ?

10.0%

ROA ?

6.5%

Growth

Sales — latest qtr ?

₹49 Cr

PAT — latest qtr ?

₹3 Cr

YoY qtr sales growth ?

18.4%

YoY qtr profit growth ?

16.4%

Sales growth (3y) ?

32%

Sales growth (5y) ?

N/A

Profit growth (3y) ?

59%

Profit growth (5y) ?

N/A

Financial Health

Debt ?

₹14 Cr

Debt to Equity ?

0.09

Interest Coverage ?

4.9

Current Ratio ?

N/A

Ownership

Promoter holding ?

50.69%

Change in promoter holding ?

4.97%

Pledged percentage ?

N/A

Market

Return 3 months ?

-15.2%

Return 6 months ?

-22.3%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	YoY %	QoQ %
Sales	45	22	24	15	37	25	55	33	55	41	70	49	59	49	+18.4%	-16.5%
Operating Profit	1	3	3	2	4	3	5	4	5	4	7	6	6	5	+24.5%	-21.7%
Other Income	1	0	0	0	1	1	1	1	0	0	1	0	0	0	+75.1%	+1.7%
Interest	0	1	1	1	1	1	1	1	1	1	1	1	2	1	+73.4%	-23.8%
Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	+455.6%	+9.3%
Profit Before Tax	2	1	2	1	3	2	5	4	4	3	6	5	5	4	+11.2%	-20.7%
Net Profit	1	1	1	1	3	2	4	3	3	3	5	4	4	3	+16.4%	-22.5%
EPS	0.98	0.80	1.09	0.66	2.12	3.70	2.42	1.94	1.49	1.50	2.66	1.84	1.71	1.44	-4.0%	-15.8%
OPM %	3.0%	11.6%	11.1%	12.0%	10.5%	12.2%	9.5%	11.1%	9.3%	9.8%	9.4%	12.2%	11.0%	10.3%	+5.1%	-6.4%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric	FY25	FY26	TTM	YoY %
Sales	₹169 Cr	₹219 Cr	₹226 Cr	+29.6%
Operating Profit	₹17 Cr	₹23 Cr	₹24 Cr	+33.9%
OPM %	10.16%	10.50%	10.58%	+3.3%
NPM %	6.92%	6.78%	6.74%	-2.0%
Other Income	₹2 Cr	₹1 Cr	₹2 Cr	-38.9%
Depreciation	₹0 Cr	₹1 Cr	₹1 Cr	+137.4%
Interest	₹3 Cr	₹5 Cr	₹5 Cr	+35.7%
EBIT	₹17 Cr	₹22 Cr	₹23 Cr	+32.3%
PBT	₹16 Cr	₹19 Cr	₹20 Cr	+20.8%
Tax	₹3 Cr	₹3 Cr	₹2 Cr	-13.2%
Net Profit	₹12 Cr	₹15 Cr	₹15 Cr	+26.9%
EPS	₹9.55	₹7.71	₹7.65	-19.3%
Material Cost	₹96 Cr	₹103 Cr	₹111 Cr	+7.0%
Employee Cost	₹3 Cr	₹2 Cr	₹2 Cr	-26.0%
Extraordinary Items	₹0 Cr	₹0 Cr	₹0 Cr	—

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Equity Capital	13	13	17	21	+23.5%
Reserves	33	39	93	131	+40.9%
Borrowings	32	15	18	14	-22.2%
Other Liabilities	30	42	45	68	+51.1%
Total Liabilities	107	107	173	234	+35.3%
Fixed Assets	1	1	1	45	+4400.0%
CWIP	1	1	1	2	+100.0%
Investments	0	0	0	0	—
Other Assets	105	106	172	187	+8.7%
Total Assets	107	107	173	234	+35.3%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Cash from Operating Activity	1	8	-40	-5	+87.5%
Cash from Investing Activity	-5	-0	-12	-14	-16.7%
Cash from Financing Activity	4	-8	52	22	-57.7%
Net Cash Flow	0	0	-0	3	—
Free Cash Flow	1	8	-40	-6	+85.0%
CFO/OP	17%	86%	-228%	-3%	+98.7%

➗ Ratios (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Debtor Days	149	115	131	70	-46.6%
Inventory Days	159	190	124	166	+33.9%
Days Payable	106	153	79	83	+5.1%
Cash Conversion Cycle	202	151	175	152	-13.1%
Working Capital Days	113	129	176	121	-31.2%
ROCE %	12%	17%	20%	15%	-25.0%

👥 Shareholding (latest 5 periods)

Metric	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	% Chg
DIIs	0.08%	0.00%	0.00%	0.75%	0.82%	+9.3%
Promoters	45.72%	46.09%	46.29%	50.70%	50.69%	-0.0%
FIIs	0.00%	0.00%	0.00%	0.01%	—	—
Public	54.22%	53.91%	53.71%	48.54%	48.49%	-0.1%
No. of Shareholders	8,219	9,333	10,268	10,448	10,812	+3.5%

⚖️ Peer comparison

Industry: Electric Equipment · top 25 of 41 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	VOLTAMP Voltamp Transformers	₹11,006.00	11,135	35.1	2,274	317	16.0%	14.0%	11.3%	-6.1%	28.3%	14.0%
2	TARIL Transformers And Rectifiers	₹291.30	8,744	28.5	2,831	313	16.4%	11.1%	24.2%	25.6%	60.7%	119.9%
3	SPECTRUM Spectrum Electrical	₹3,729.90	6,373	102.0	682	57	15.3%	8.4%	29.9%	77.2%	76.5%	131.9%
4	MARINE Marine Electricals	₹377.45	5,282	82.1	968	66	11.0%	6.8%	14.2%	55.6%	55.2%	45.9%
5	INDOTECH Indo Tech	₹3,323.80	3,530	35.5	846	99	15.1%	11.7%	28.0%	45.3%	39.0%	34.1%
6	WEBELSOLAR Websol Energy	₹75.52	3,279	10.3	1,203	313	37.4%	26.0%	82.1%	94.5%	70.1%	16.1%
7	RELTD Ravindra Energy	₹139.32	2,766	33.7	543	82	24.2%	15.0%	116.6%	265.6%	-16.4%	0.0%
8	UEL Ujaas Energy	₹200.99	2,681	n/m	18	4	-19.3%	21.8%	-34.7%	-64.3%	14.5%	30.8%
9	RISHABH Rishabh Instruments	₹684.55	2,649	32.6	783	82	16.7%	10.5%	7.6%	289.8%	4.4%	-3.2%
10	BBL Bharat Bijlee	₹2,246.80	2,540	22.7	2,355	112	6.5%	4.7%	19.5%	-10.4%	17.7%	-29.9%
11	EXICOM Exicom Tele-Systems	₹162.72	2,263	—	1,278	-265	-6.8%	-20.7%	17.7%	-584.4%	61.5%	11.4%
12	ALPEXSOLAR Alpex Solar	₹838.95	2,143	10.7	2,346	200	14.1%	8.5%	185.0%	143.4%	32.5%	-5.1%
13	HONDAPOWER Honda India	₹1,930.30	1,958	29.7	900	66	9.7%	7.3%	9.1%	-20.0%	22.1%	23.3%
14	HPL HPL Electric	₹284.15	1,827	20.0	1,944	92	14.8%	4.7%	6.6%	-2.7%	34.5%	1.2%
15	IKIO IKIO Technologies	₹211.58	1,635	34.0	644	51	13.6%	7.9%	22.4%	28.8%	41.1%	452.3%
16	SERVOTECH Servotech Renewable	₹68.95	1,557	39.7	751	35	10.3%	4.7%	-0.3%	-3.3%	57.8%	77.0%
17	MODISONLTD MODISON	₹445.00	1,444	12.8	980	113	17.5%	11.5%	44.8%	193.8%	92.2%	99.8%
18	IGARASHI Igarashi Motors	₹425.45	1,339	81.7	912	16	9.6%	1.8%	3.3%	-49.8%	22.5%	169.6%
19	ICEMAKE Ice Make	₹692.00	1,092	89.6	668	12	6.7%	1.8%	39.4%	-47.6%	41.9%	-14.3%
20	APS Australian Prem	₹520.15	1,049	18.6	689	56	13.4%	8.1%	—	—	43.7%	7.7%
21	WEL Wonder Electricals	₹72.50	972	80.6	734	12	4.4%	1.6%	-26.8%	-52.0%	51.0%	264.7%
22	SWELECTES Swelect Energy	₹608.40	945	22.1	610	44	22.6%	7.2%	5.7%	325.4%	-26.2%	-63.8%
23	SALZERELEC Salzer Electronics	₹501.30	886	20.3	1,815	44	7.5%	2.4%	24.0%	-22.2%	12.9%	-51.7%
24	SAHAJSOLAR Sahaj Solar	₹395.90	870	29.4	419	29	12.4%	7.0%	—	—	32.8%	6.3%
25	PIGL Power & Instrumentation	₹93.00	197	12.9	226	15	10.6%	6.7%	29.6%	26.9%	18.4%	16.4%

❓ Frequently asked questions

What was Power & Instrumentation (Gujarat) Limited's revenue in Q1 FY27?

What was Power & Instrumentation (Gujarat) Limited's net profit in Q1 FY27?