What we do Quality Power Electrical Equipments Ltd manufactures high voltage electrical equipment for power generation, transmission, distribution, and automation, enabling energy transition and grid connectivity solutions. |
Founded in 2,001 |
Market share A key global player in HVDC and FACTS equipment, serving 210+ clients across 100+ countries with strong presence in India, Turkey, and global markets. |
Problem solved Facilitates efficient, reliable power transmission and integration of renewable energy by solving grid stability, voltage regulation, and reactive power compensation challenges. |
Top clients or who we serve Serves power utilities, renewables, industries like steel, oil & gas, cement, automotives; caters to B2B customers including Fortune 500 companies globally. |
Key management Chairman & Managing Director: Thalavaidurai Pandyan; Joint Managing Director: Bharanidharan Pandyan; Whole Time Director: Chitra Pandyan; CFO: Rajesh Jayaraman. |
Our journey and innovations From 2001 inception, strategic acquisitions expanded capabilities; pioneer in critical HVDC & FACTS equipment; launched IPO in 2025 facilitating global growth and R&D investments. |
Where we operate Operations in India (Maharashtra, Kerala, Rajasthan, Tamil Nadu), Turkey, Europe, Middle East, South East Asia with customers in 100+ countries. |
Top products or what we offer Products include reactors, transformers, line traps, capacitor banks, FACTS devices, HVDC equipment, power quality solutions, and energy management systems. |
Top brands Power Products (Transformers, Reactors), Power Quality Systems (SVC, STATCOM), Coil Products; subsidiaries: Endoks (Turkey), Mehru, S&S Transformers, Sukrut JV. |
Raw materials needed Specialized electrical materials including copper, steel, insulating materials, composites, magnet wires, and electronic components. |
Raw materials supplier Procurement involves domestic and international suppliers for raw electrical components and materials; details proprietary. |
Recurring vs cyclical contribution Revenue mix includes recurring project and service contracts plus cyclical equipment sales aligned with infrastructure investments. |
Our industry position Among few global manufacturers of HVDC/FACTS equipment with robust order book, expanding market share in key energy transition sectors globally. |
Financial highlights FY25 consolidated revenue Rs. 3923 Mn, PAT Rs. 1001 Mn; Q3 FY26 revenue Rs. 2,843 Mn (+257% YoY), PAT Rs. 628 Mn (+221% YoY); strong EBITDA margin (~28%). |
Geographical revenue split FY25 revenue split: India ~Rs. 105.76 Crores; Outside India ~Rs. 224.98 Crores; International markets contribute majority revenue. |
Order book Order backlog exceeds Rs. 895 Crores covering multi-year global HVDC, FACTS, and power equipment projects. |
Whats driving growth Growth driven by global renewable integration, grid modernization, new orders in HVDC & FACTS, key acquisitions, and manufacturing expansions. |
Our future plans Expanding Sangli and Cochin plants, developing new engineering center, enhancing Mehru capacity, investing in R&D for advanced power systems. |
Our green promise Supports sustainability by enabling renewable energy integration and grid efficiency; implements CSR and environmental management systems (ISO 14001). |
Our people and values Around 1,500 employees in India and Turkey; culture fostering innovation, compliance, and inclusion; rigorous governance and training programs. |
Key challenges ahead Challenges include raw material price volatility, managing complex global projects, regulatory changes, and competitive technological innovation. |
Interesting facts Among few global firms specializing in HVDC and FACTS with ISO 17025 accredited labs; strong footprint across five continents. |
Risks and strategy Mitigates risk via diversified markets, strong order book, technological R&D, capital expansion, and disciplined project execution. |
