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 ₹ 296 Cr.
- Current Price ₹ 234
- High / Low ₹ 261 / 39.0
- Stock P/E 43.8
- Book Value ₹ 40.0
- Dividend Yield 0.08 %
- ROCE 17.1 %
- ROE 12.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Debtor days have improved from 162 to 115 days.
Cons
- Stock is trading at 5.86 times its book value
- Promoter holding has decreased over last quarter: -11.1%
- The company has delivered a poor sales growth of 2.13% over past five years.
- Company has a low return on equity of 10.4% over last 3 years.
- 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
Sector: Capital Goods - Electrical Equipment Industry: Electric 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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
60 | 72 | 88 | 89 | 85 | 91 | 93 | 97 | 102 | |
55 | 66 | 80 | 81 | 78 | 84 | 86 | 87 | 90 | |
Operating Profit | 5 | 6 | 7 | 8 | 7 | 7 | 8 | 11 | 12 |
OPM % | 9% | 8% | 8% | 10% | 9% | 7% | 8% | 11% | 11% |
1 | 1 | 0 | 0 | 1 | 0 | 1 | 1 | 2 | |
Interest | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 4 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 2 | 3 | 4 | 4 | 5 | 4 | 5 | 8 | 9 |
Tax % | 33% | 33% | 26% | 28% | 26% | 31% | 27% | 24% | |
2 | 2 | 3 | 3 | 3 | 3 | 4 | 6 | 7 | |
EPS in Rs | 15.91 | 3.82 | 4.36 | 4.26 | 4.91 | 3.36 | 2.86 | 4.66 | 5.34 |
Dividend Payout % | 0% | 13% | 0% | 0% | 0% | 0% | 7% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 5% |
TTM: | -1% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 14% |
3 Years: | 20% |
TTM: | 62% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 99% |
3 Years: | 61% |
1 Year: | 463% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 11% |
3 Years: | 10% |
Last Year: | 12% |
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 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 1 | 5 | 7 | 7 | 7 | 9 | 13 | 13 |
Reserves | 11 | 9 | 17 | 19 | 23 | 26 | 32 | 38 |
18 | 17 | 15 | 11 | 22 | 29 | 32 | 15 | |
21 | 18 | 34 | 20 | 12 | 34 | 30 | 42 | |
Total Liabilities | 51 | 50 | 73 | 57 | 64 | 97 | 107 | 107 |
1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
49 | 48 | 72 | 56 | 63 | 95 | 105 | 106 | |
Total Assets | 51 | 50 | 73 | 57 | 64 | 97 | 107 | 107 |
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 | |
---|---|---|---|---|---|---|---|---|
-1 | -2 | 0 | 3 | -1 | -3 | 1 | 8 | |
-1 | 0 | -0 | 0 | 0 | 1 | -4 | -0 | |
3 | 1 | 3 | -4 | 1 | 2 | 4 | -8 | |
Net Cash Flow | 1 | -1 | 3 | -1 | 1 | -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 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 103 | 113 | 133 | 98 | 158 | 221 | 151 | 115 |
Inventory Days | 139 | 90 | 101 | 40 | 15 | 80 | 161 | 190 |
Days Payable | 118 | 94 | 139 | 84 | 46 | 132 | 107 | 153 |
Cash Conversion Cycle | 124 | 108 | 95 | 54 | 127 | 168 | 204 | 152 |
Working Capital Days | 134 | 124 | 114 | 100 | 153 | 197 | 221 | 166 |
ROCE % | 20% | 21% | 24% | 18% | 12% | 12% | 17% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Oct - Certificate under Regulation 74(5) for Q3 2024.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
7 Oct - PIGL received commendation for completing a key project for NFC.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 3 Oct
- Shareholder Meeting / Postal Ballot-Outcome of AGM 30 Sep
-
Announcement under Regulation 30 (LODR)-Investor Presentation
30 Sep - Investor Presentation of Power and Instrumentation(Gujarat) Limited
Business Overview:[1]
Company proviees 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.