Power & Instrumentation (Gujarat) Ltd
Incorporated in 1975, Power & Instrumentation (Gujarat) Ltd is in the business of Electrical Contract Work and deals in electrical
equipment[1]
- Market Cap ₹ 293 Cr.
- Current Price ₹ 165
- High / Low ₹ 417 / 107
- Stock P/E 23.5
- Book Value ₹ 63.2
- Dividend Yield 0.12 %
- ROCE 19.8 %
- ROE 14.5 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 25.7% CAGR over last 5 years
Cons
- Company has a low return on equity of 12.5% over last 3 years.
- Promoter holding has decreased over last 3 years: -12.3%
* 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
60 | 72 | 88 | 89 | 85 | 91 | 93 | 97 | 169 | 185 | |
55 | 66 | 80 | 81 | 78 | 84 | 86 | 87 | 152 | 167 | |
Operating Profit | 5 | 6 | 7 | 8 | 7 | 7 | 8 | 11 | 17 | 18 |
OPM % | 9% | 8% | 8% | 10% | 9% | 7% | 8% | 11% | 10% | 10% |
1 | 1 | 0 | 0 | 1 | 0 | 1 | 1 | 2 | 2 | |
Interest | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 3 | 3 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 2 | 3 | 4 | 4 | 5 | 4 | 5 | 8 | 16 | 17 |
Tax % | 33% | 33% | 26% | 28% | 26% | 31% | 27% | 24% | 26% | |
2 | 2 | 3 | 3 | 3 | 3 | 4 | 6 | 12 | 12 | |
EPS in Rs | 15.91 | 3.82 | 4.36 | 4.26 | 4.91 | 3.36 | 2.86 | 4.66 | 6.72 | 7.47 |
Dividend Payout % | 0% | 13% | 0% | 0% | 0% | 0% | 7% | 4% | 3% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 23% |
TTM: | 82% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 26% |
3 Years: | 60% |
TTM: | 85% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 74% |
3 Years: | 60% |
1 Year: | -7% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 13% |
Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0.98 | 5 | 7 | 7 | 7 | 9 | 13 | 13 | 17 |
Reserves | 11 | 9 | 17 | 19 | 23 | 28 | 33 | 39 | 93 |
18 | 17 | 15 | 11 | 22 | 29 | 32 | 15 | 18 | |
21 | 18 | 34 | 20 | 12 | 32 | 30 | 42 | 45 | |
Total Liabilities | 51 | 50 | 73 | 57 | 64 | 97 | 107 | 107 | 173 |
1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
49 | 48 | 72 | 56 | 63 | 95 | 105 | 106 | 172 | |
Total Assets | 51 | 50 | 73 | 57 | 64 | 97 | 107 | 107 | 173 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
-1 | -2 | 0 | 3 | -1 | -3 | 1 | 8 | -40 | |
-1 | 0 | -0 | 0 | 0 | 1 | -4 | -0 | -12 | |
3 | 1 | 3 | -4 | 1 | 2 | 4 | -8 | 52 | |
Net Cash Flow | 1 | -1 | 3 | -1 | 1 | -0 | 0 | 0 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 103 | 113 | 133 | 98 | 158 | 221 | 151 | 115 | 131 |
Inventory Days | 139 | 90 | 101 | 40 | 15 | 80 | 161 | 190 | 124 |
Days Payable | 118 | 94 | 139 | 84 | 46 | 132 | 107 | 153 | 79 |
Cash Conversion Cycle | 124 | 108 | 95 | 54 | 127 | 168 | 204 | 152 | 176 |
Working Capital Days | 42 | 54 | 57 | 57 | 76 | 103 | 114 | 129 | 176 |
ROCE % | 20% | 21% | 24% | 18% | 12% | 12% | 17% | 20% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Management to participate virtually in Bharat Connect Conference on September 24, 2025 at 2:00 PM IST.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
1d - Arbitral award ₹4.09 Cr plus 18% interest from 15-Sep-2025 versus Chennai Port Trust.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - The officials of our Company will be interacting with Analyst/ Investors on Monday, September 22, 2025 at 02:30 P.M. from Onwards.
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Intimation Of Receipt Of Arbitration Award Under Regulation 30 Of SEBI (LODR) Regulations, 2015-Regulatory Order
2d - Arbitral award INR 4.09 Crore plus 18% interest from 15/09/2025 against Chennai Port Trust.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
11 Sep - 11 Sep 2025: PIGL acquires additional 35.82% in PECL, raising stake to 51.06%, PECL turnover ₹36.04 Cr.
Annual reports
Concalls
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Aug 2025Transcript PPT
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Jun 2025Transcript PPT REC
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Feb 2025Transcript PPT REC
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Nov 2024Transcript PPT REC
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Sep 2024TranscriptNotesPPT
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Aug 2024Transcript PPT REC
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Jun 2024TranscriptNotesPPT
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Mar 2024TranscriptNotesPPT
Business Overview:[1]
Company provides EPC solutions for Electrical requirements. It is a domain specialist in electrical installations, maintenance, repairs and
offer services in electrical contracting, Indoor substation, field services, generator sales and service, etc. It also provides design, installation, maintenance, and repairs for energy-efficient power and distribution transformer, generators, load banks, compressors, etc.