Ashish Kacholia holds 1.67% stake & Rs 775+ crore order backlog: Heavy electrical equipment company receives order worth Rs 11.5 crore

On Wednesday, shares of Quality Power Electrical Equipments Ltd jumped 6.15 per cent to Rs 994 per share from its previous closing of Rs 936.45 per share with heavy volume. The stock hit a 52-week high of Rs 994 per share and its 52-week low is Rs 270.60 per share.

Quality Power Electrical Equipments Ltd received a significant domestic order for the supply of reactors to be used in a STATCOM project. The purchase order, valued at approximately Rs 11.5 crore, is a single large contract. The company is required to execute the order within a period of 12 months. Due to a non-disclosure agreement, the name of the awarding entity has not been disclosed.

Earlier, the company’s material step-down subsidiary, ENDOKS ENERJİ ANONİM ŞİRKETİ, has secured two significant international orders from an undisclosed European customer. The contracts, with a combined value of approximately Rs 75.19 crore, are for the supply of its FACTS (Flexible AC Transmission System) to a steel plant. The delivery of these systems is estimated to take place over the next year.

About the Company

Quality Power Electrical Equipments Ltd is a publicly listed Indian multinational specialising in high-voltage power equipment and advanced power quality solutions, with installations in over 100 countries. The company serves utilities and industries globally, focusing on grid stability, operational efficiency and network reliability. Operating from ISO-certified manufacturing facilities, Quality Power produces engineered products up to 765 kV, playing a vital role in the global energy transition through its innovative high-voltage infrastructure.

The company achieved its highest-ever quarterly total revenues of Rs 194.1 crore, marking a significant increase of 143.6 per cent year-over-year and 49.4 per cent quarter-over-quarter. Furthermore, Quality Power reported its highest-ever quarterly EBITDA of Rs 31 crore, demonstrating robust growth of 31.6 per cent year-over-year and an impressive 90.4 per cent quarter-over-quarter. The Profit After Tax (PAT) for Q1 FY26 stood at Rs 37.1 crore, reflecting an 11 per cent increase compared to Q1FY25.

An ace investor, Ashish Kacholia, holds a 1.67 per cent stake, via his investment firm, Bengal Finance and Investment Pvt Ltd. The company has a market cap of Rs 7,600 crore and has orders in hand of over Rs 775 crore. The stock has given multibagger returns of 267 per cent from its 52-week low of Rs 270.60 per share. The shares of the company have a PE of 90x, an ROE of 23 per cent and an ROCE of 28 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.