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 ₹ 214 Cr.
- Current Price ₹ 101
- High / Low ₹ 190 / 88.0
- Stock P/E 15.8
- Book Value ₹ 69.4
- Dividend Yield 0.20 %
- ROCE 14.2 %
- ROE 10.5 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 31.3% CAGR over last 5 years
- Debtor days have improved from 105 to 69.0 days.
- Promoter holding has increased by 4.41% over last quarter.
Cons
- Company has a low return on equity of 12.1% over last 3 years.
- Promoter holding has decreased over last 3 years: -9.19%
* 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 60 | 72 | 88 | 89 | 85 | 91 | 93 | 97 | 169 | 200 | |
| 55 | 66 | 80 | 81 | 78 | 84 | 86 | 87 | 152 | 180 | |
| Operating Profit | 5 | 6 | 7 | 8 | 7 | 7 | 8 | 11 | 17 | 20 |
| OPM % | 9% | 8% | 8% | 10% | 9% | 7% | 8% | 11% | 10% | 10% |
| 1 | 1 | 0 | 0 | 1 | 0 | 1 | 1 | 2 | 1 | |
| Interest | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 4 | 3 | 4 |
| 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% | 22% |
| 2 | 2 | 3 | 3 | 3 | 3 | 4 | 6 | 12 | 13 | |
| EPS in Rs | 15.91 | 3.82 | 4.36 | 4.26 | 4.91 | 3.36 | 2.86 | 4.66 | 6.72 | 6.35 |
| Dividend Payout % | 0% | 13% | 0% | 0% | 0% | 0% | 7% | 4% | 3% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 19% |
| 3 Years: | 29% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 55% |
| TTM: | 15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 23% |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 11% |
| 3 Years: | 12% |
| Last Year: | 10% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.98 | 5 | 7 | 7 | 7 | 9 | 13 | 13 | 17 | 21 |
| Reserves | 11 | 9 | 17 | 19 | 23 | 28 | 33 | 39 | 93 | 126 |
| 18 | 17 | 15 | 11 | 22 | 29 | 32 | 15 | 18 | 24 | |
| 21 | 18 | 34 | 20 | 12 | 32 | 30 | 42 | 45 | 48 | |
| Total Liabilities | 51 | 50 | 73 | 57 | 64 | 97 | 107 | 107 | 173 | 219 |
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 13 |
| 49 | 48 | 72 | 56 | 63 | 95 | 105 | 106 | 172 | 204 | |
| Total Assets | 51 | 50 | 73 | 57 | 64 | 97 | 107 | 107 | 173 | 219 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1 | -2 | 0 | 3 | -1 | -3 | 1 | 8 | -40 | -8 | |
| -1 | 0 | -0 | 0 | 0 | 1 | -4 | -0 | -12 | -13 | |
| 3 | 1 | 3 | -4 | 1 | 2 | 4 | -8 | 52 | 24 | |
| Net Cash Flow | 1 | -1 | 3 | -1 | 1 | -0 | 0 | 0 | -0 | 3 |
| Free Cash Flow | -2 | -2 | -1 | 3 | -1 | -3 | 1 | 8 | -40 | -8 |
| CFO/OP | -6% | -15% | 14% | 47% | 7% | -38% | 12% | 86% | -228% | -16% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 103 | 113 | 133 | 98 | 158 | 221 | 151 | 115 | 131 | 69 |
| Inventory Days | 139 | 90 | 101 | 40 | 15 | 80 | 161 | 190 | 124 | 141 |
| Days Payable | 118 | 94 | 139 | 84 | 46 | 132 | 107 | 153 | 79 | 69 |
| Cash Conversion Cycle | 124 | 108 | 95 | 54 | 127 | 168 | 204 | 152 | 176 | 141 |
| Working Capital Days | 42 | 54 | 57 | 57 | 76 | 103 | 114 | 129 | 176 | 141 |
| ROCE % | 20% | 21% | 24% | 18% | 12% | 12% | 17% | 20% | 14% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Dec 2025 | |
|---|---|---|---|---|---|
| Permanent Employee Count Number |
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| Airport Projects Completed (Cumulative) Number |
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| Number of Offices (Pan India) Number |
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| Order Book / Ongoing Works Value ₹ Cr |
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| Successfully Delivered Projects (Cumulative) Number |
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| Bidded Tenders (Pipeline) ₹ Cr |
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| BPL Household Electrification (Cumulative) Number |
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| HT & LT Lines Laid (Cumulative) Km |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1 Jun
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Statement Of Deviation For The Quarter Ended On 31St March, 2026
30 May - Nil deviation report filed; 31,46,000 warrants converted into equity after receiving Rs 26.35 crore.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 30-05-2026
30 May - Board approved FY26 audited results; appointed company secretary, internal auditor, and cost auditor.
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Results Of The Financial Year Ended On 31St March, 2026
30 May - FY26 audited standalone and consolidated results approved; consolidated report carries an impact qualification.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
28 May - Received Rs. 7.14 crore additional order from Ajmer Vidyut Vitran Nigam, taking total order value to Rs. 75.36 crore.
Annual reports
Concalls
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Feb 2026Transcript PPT
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Nov 2025TranscriptAI SummaryPPT
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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 2024TranscriptAI SummaryPPT
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Aug 2024Transcript PPT REC
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Jun 2024TranscriptAI SummaryPPT
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Mar 2024TranscriptAI SummaryPPT
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.