Inve India ▾

Parth Electricals & Engineering share price & results

Parth Electricals & Engineering Limited· Capital Goods· Industrials

Results to
Mar 2026
Latest analysed call
Q4 FY26
Ownership as of
Sept 2026

Vadodara-based manufacturer and EPC service provider of medium/high-voltage power T&D equipment — Ring Main Units, switchgear panels and compact substations — under technology-transfer ties with Schneider Electric.

Company research is public. Sign in to keep your own companies, notes and cases.

Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue118 ₹ crore+12.4% YoYQuarterly, as filedQuarter to Mar 2026Revenue from operations as filed.
Operating margin9.0 %+1.0 pts YoYOperating profit / revenueQuarter to Mar 2026For the quarter; a change is in percentage points.
Net profit8.0 ₹ crore+33.3% YoYQuarterly, as filedQuarter to Mar 2026Profit after tax as filed.
Return on equityUnavailable−18.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.
Free cash flow margin-12.47 %−5.8 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)Unavailable−88.0 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM · period unavailableNot in the analysed materials. No older figure is substituted.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Mar 2026

Guidance

What management said, and what became of it

0 of 1 judged target kept · 10 open · verdicts reflect calls analysed to Q4 FY26.

Parth Electricals & Engineering Limited management guidance track record on Inve: 11 targets tracked across analysed earnings calls (0 achieved, 1 missed, 10 open).

TargetOriginal wordingSaidLatest callVerdict
Total EmployeesBig team of 555 in next three years (adding 300 employees)
Call transcript, Q2 FY26 · 12 Nov 2025		Q2 FY26Q4 FY26:Management discussed the inauguration of the Skill Development Center to train and absorb new employees but did not provide an updated headcount number. The progress on this specific metric was not mentioned.
Call transcript, Q4 FY26 · 21 May 2026		Ghosted
Odisha Rented Facility OperationalStart operating that facility in a small capacity maybe one month or one and a half month time
Call transcript, Q2 FY26 · 12 Nov 2025		Q2 FY26Q4 FY26:The original timeline of Q3 FY26 was missed. Management has now provided a new target of October 2026 for the facility to become operational, citing a switch to a long-term rental to expedite a previously longer timeline.
Call transcript, Q4 FY26 · 21 May 2026		Delayed
Revenue CAGR20%-30% CAGR going forward next five years
Call transcript, Q2 FY26 · 12 Nov 2025		Q2 FY26Q4 FY26:FY26 revenue growth was 13% YoY. However, management stated that INR 25 cr of sales were delayed into FY27 due to geopolitical issues. Including this would bring YoY growth to ~26%. Management also reiterated the 20-30% growth guidance for the next 2-3 years. The underlying performance supports the target.
Call transcript, Q4 FY26 · 21 May 2026		On Track

Source: Inve Guidance Tracker for Parth Electricals & Engineering Limited · to Q4 FY26

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

1 of Parth Electricals & Engineering Limited's 11 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 8 more targets are in the full ledger.

Free account: 5 full ledgers a month and one Inve Case. Pro opens 100 a month, ₹499.
See the full record

Price

₹471.4 −2.61% · −₹12.65

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +78.2% 1Y

₹200₹300₹400₹500₹600Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 12 Nov 2025Q4 FY26 — 21 May 2026

1Y: ₹264.5 on 24 Oct 2025 → ₹471.4. High ₹574.5 (14 Oct 2026), low ₹197.2 (14 Jan 2026).

Previous close
₹484.05
Market cap
₹670 Cr
52-week range
₹197.2 – ₹574.5
One year
+77.42%
Price to earnings (FY ending Mar 2026)
47.86×
Return on equity (FY ending Mar 2026)
18.30%

Overview

Symbol
NSE:PARTH
Industry
Industrials
Exchange
NSE
Currency
INR

What Parth Electricals & Engineering Limited does

Based on the company's own presentations, annual report and earnings calls.

Parth Electricals & Engineering designs, manufactures and supplies medium-voltage electrical power transmission & distribution equipment — Ring Main Units (RMU), MV switchgear panels, compact/primary substations (CSS/PSS), control & relay panels, earth link boxes, metering panels and E-Houses — under technology-transfer and licensing arrangements with Schneider Electric SAS (France) and Hezong. It also runs an EPC and specialized-services business: installation, testing and commissioning of electrical substations and power cables (Gas Insulated Switchgear up to 400KV, Air Insulated Substations up to 220KV), cable termination & jointing under a Pfisterer Switzerland partnership, and repair/refurbishment of RMUs. Customers span Indian power utilities (GETCO, UPPTCL, PGVCL, TPCODL) and industrial clients (Tata Power, CESC, Reliance, Adani, IOCL), plus export orders to the USA, Zambia, Nepal and Bhutan.

Segments

  • Manufacturing & Supply
  • Services & EPC
Manufacturing facilities
3 (Unit 1 – Manjusar, Vadodara; Unit 2 GIS plant – Karachiya, Vadodara, under construction since Sep 2025; rented facility – Khordha, Odisha)
Workforce
250+ employees (avg. 20+ yrs industry experience)
Export markets
4 countries (USA, Zambia, Nepal, Bhutan)
Technology-transfer / licensing partners
Schneider Electric SAS (France) for RMU & PSS/CSS; Schneider Electric India (MV switchgear licensee); Hezong (GIS & 33KV RMU); Pfisterer Switzerland AG & Raychem (cable accessories)
Manufactured product lines
7 (RMU, MV Panels, Compact Substations, Earth Link Boxes, Control & Relay Panels, Metering Panels, Gas Insulated Switchgear)
Voltage range served
11KV–33KV (manufactured products); up to 220KV/400KV (installation & commissioning services)
Founded 2005Headquarters Vadodara, GujaratEmployees 250 (FY26) Company website

How the price took the results

close before → close after

Q4 FY26
+4.2%
21 May
Q2 FY26
−2.3%
12 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Your own record

Start an Inve Case for Parth Electricals & Engineering Limited

Free account: one company. Everything above stays public.

Write why you follow Parth Electricals & Engineering Limited and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.

What an account adds

Keep reading

Other Capital Goods companies

All Capital Goods companies → · Capital Goods earnings growth →

Learn to analyse Parth Electricals & Engineering Limited

Guides on how to read this kind of business and the numbers that matter.