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 ₹ 698 Cr.
- Current Price ₹ 500
- High / Low ₹ 576 / 189
- Stock P/E 40.5
- Book Value ₹ 94.3
- Dividend Yield 0.00 %
- ROCE 21.0 %
- ROE 18.7 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.0%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.35%
* 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
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|
| 38 | 66 | 87 | 175 | 198 | 232 | |
| Sales growth | +72% | +32% | +101% | +13% | +25% | |
| 38 | 61 | 78 | 157 | 177 | 208 | |
| Operating Profit | -0 | 4 | 9 | 18 | 21 | 24 |
| OPM % | -0.3% | 7% | 10% | 10% | 11% | 10% |
| 1 | 0 | 0 | 2 | 3 | 4 | |
| Interest | 1 | 1 | 2 | 4 | 2 | 3 |
| Depreciation | 1 | 1 | 2 | 2 | 2 | 3 |
| Profit before tax | -2 | 3 | 6 | 14 | 19 | 23 |
| Tax % | 0% | 11% | 25% | 25% | 26% | |
| -2 | 2 | 5 | 10 | 14 | 17 | |
| EPS in Rs | 10.42 | 12.46 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 45% |
| TTM: | 25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 80% |
| TTM: | 43% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 93% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 23% |
| 3 Years: | 25% |
| Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.95 | 0.95 | 1 | 10 | 14 | 14 |
| Reserves | 6 | 9 | 13 | 31 | 98 | 118 |
| 9 | 8 | 16 | 33 | 17 | 19 | |
| 19 | 33 | 36 | 33 | 59 | 66 | |
| Total Liabilities | 35 | 51 | 67 | 107 | 188 | 216 |
| 7 | 7 | 12 | 16 | 27 | 30 | |
| CWIP | 0 | 0 | 0 | 6 | 13 | 22 |
| Investments | 0 | 1 | 1 | 1 | 1 | 1 |
| 28 | 43 | 53 | 83 | 146 | 163 | |
| Total Assets | 35 | 51 | 67 | 107 | 188 | 216 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 0 | 3 | 8 | 0 | -4 | |
| 0 | -1 | -8 | -10 | -18 | |
| -1 | -2 | 6 | 30 | 38 | |
| Net Cash Flow | -0 | 0 | 6 | 20 | 16 |
| Free Cash Flow | 0 | 3 | 0 | -11 | -25 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -200% | 72% | 82% | 21% | 0% |
Ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 157 | 145 | 105 | 59 | 64 |
| Inventory Days | 62 | 70 | 60 | 39 | 104 |
| Days Payable | 240 | 212 | 179 | 48 | 95 |
| Cash Conversion Cycle | -21 | 3 | -14 | 50 | 72 |
| Working Capital Days | -7 | -1 | -31 | -33 | 35 |
| ROCE % | 22% | 33% | 33% | 21% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Aug 2025 | Nov 2026 | |
|---|---|---|---|---|---|
| MV Panels Capacity Utilization % |
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| MV Panels Installed Capacity units per year |
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| RMU Capacity Utilization % |
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| RMU Installed Capacity units per year |
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| Order Book INR Cr |
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| Order Book - EPC INR Cr |
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| Order Book - Manufacturing & Supply INR Cr |
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| Order Book - Services INR Cr |
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| Export Revenue INR Cr |
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Extracted by Screener AI
Documents
Announcements
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Investor Presentation
- Parth Electricals submitted H1 FY27 investor presentation and financial results for half year ended 30 September 2026.
-
Analysts/Institutional Investor Meet/Con. Call Updates
- Investor call on 5 Nov 2026 to discuss unaudited H1 FY26 standalone results.
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Outcome of Board Meeting
- Board approved Q2 FY2027 results and 100% acquisition of Takalkar Power Engineers for Rs 6 crore.
-
Monitoring Agency Report
- Fifth monitoring report for 30 Sep 2026 shows no deviation; Gujarat project complete, Odisha and GCP ongoing.
-
Outcome of Board Meeting
- Board approved H1 FY2027 results and 100% acquisition of Takalkar Power Engineers for ₹6 crore.
Concalls
-
Nov 2026PPT
-
May 2026Transcript PPT REC
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Nov 2025Transcript PPT
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Aug 2025PPT
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.