Parth Electricals & Engineering Ltd
Established in May 2007, Parth Electricals & Engineering Limited is a service-oriented firm evolved into a manufacturing entity specializing in electrical equipment.[1]
- Market Cap ₹ 303 Cr.
- Current Price ₹ 222
- High / Low ₹ 306 / 169
- Stock P/E 25.1
- Book Value ₹ 79.5
- Dividend Yield 0.00 %
- ROCE 33.3 %
- ROE 36.7 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.7%
- Debtor days have improved from 101 to 53.0 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company's cost of borrowing seems high
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 38 | 66 | 87 | 175 | |
| 38 | 61 | 78 | 157 | |
| Operating Profit | -0 | 4 | 9 | 18 |
| OPM % | -0% | 7% | 10% | 10% |
| 1 | 0 | 0 | 2 | |
| Interest | 1 | 1 | 2 | 4 |
| Depreciation | 1 | 1 | 2 | 2 |
| Profit before tax | -2 | 3 | 6 | 14 |
| Tax % | 0% | 11% | 25% | 25% |
| -2 | 2 | 5 | 10 | |
| EPS in Rs | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 66% |
| TTM: | 101% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 104% |
| TTM: | 119% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| Last Year: | 37% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.95 | 0.95 | 1 | 10 | 14 |
| Reserves | 6 | 9 | 13 | 31 | 95 |
| 9 | 8 | 16 | 33 | 14 | |
| 19 | 33 | 36 | 33 | 40 | |
| Total Liabilities | 35 | 51 | 67 | 107 | 163 |
| 7 | 7 | 12 | 16 | 21 | |
| CWIP | 0 | 0 | 0 | 6 | 8 |
| Investments | 0 | 1 | 1 | 1 | 1 |
| 28 | 43 | 53 | 83 | 133 | |
| Total Assets | 35 | 51 | 67 | 107 | 163 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 0 | 3 | 8 | 0 | |
| 0 | -1 | -8 | -10 | |
| -1 | -2 | 6 | 30 | |
| Net Cash Flow | -0 | 0 | 6 | 20 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 157 | 145 | 105 | 53 |
| Inventory Days | 62 | 70 | 60 | 39 |
| Days Payable | 240 | 212 | 179 | 48 |
| Cash Conversion Cycle | -21 | 3 | -14 | 44 |
| Working Capital Days | -7 | -1 | -31 | -39 |
| ROCE % | 22% | 33% | 33% |
Documents
Announcements
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General Updates
10 January 2026 - Received new orders totalling ₹61.78 crore; execution from Feb 2026 over four quarters; orders on hand ₹178 crore.
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Clarification - Financial Results
6 January 2026 - Exchange has sought clarification from Parth Electricals & Engineering Limited for the quarter ended 30-Sep-2025 with respect to Regulation 33 of the SEBI (LODR) Regulations, …
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
3 January 2026 - KFin certificate under SEBI Reg 74(5) for quarter ended 31-Dec-2025; details furnished to exchanges.
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Analysts/Institutional Investor Meet/Con. Call Updates
18 November 2025 - H1 revenue INR80.40cr; order book INR137cr; net cash INR71cr; INR11.27cr capex; Odisha unit, skill centre.
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Analysts/Institutional Investor Meet/Con. Call Updates
14 November 2025 - Investor/analyst call recording for H1 FY26 results (ended 30 Sep 2025), held 12 Nov 2025; link provided.
Concalls
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Nov 2025Transcript PPT
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Aug 2025TranscriptAI SummaryPPT
Business Profile[1]
Parth Electricals is a technology-driven electrical engineering company focused on manufacturing, EPC, and services in power distribution and transmission. It has established itself in LV/MV/HV switchgear systems and substations.