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Power & Instrumentation (Gujarat) share price & results

Power & Instrumentation (Gujarat) Limited· Capital Goods· Industrials

Results to
Jun 2026
Latest analysed call
Q3 FY26
Ownership as of
Jun 2026

Ahmedabad-based electrical EPC contractor executing power transmission, distribution, and substation projects for airports, telecom, industry and government, now expanding into busduct/switchgear manufacturing via subsidiary PECL.

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Reported

The figures, each with its period

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

MetricValueChangeBasisPeriodNote
Revenue40.7 ₹ crore−1.5% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin10.6 %+0.8 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit2.7 ₹ crore+3.1% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity11.15 %−3.8 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin-2.78 %+21.1 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)22.56 %−44.6 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

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

Guidance

What management said, and what became of it

0 of 1 judged target kept · 5 open · verdicts reflect calls analysed to Q3 FY26.

Power & Instrumentation (Gujarat) Limited management guidance track record on Inve: 6 targets tracked across analysed earnings calls (0 achieved, 1 missed, 5 open).

TargetOriginal wordingSaidLatest callVerdict
Receivable / Working Capital DaysReduce below 80 days
Call transcript, Q1 FY26 · 20 Aug 2025		Q1 FY26Q3 FY26:Working capital cycle reported at 95-100 days. Management is now 'trying to keep it below 90 days'.
Call transcript, Q3 FY26 · 17 Feb 2026		Missed
Revenue Growth YoY50% revenue growth
Call transcript, Q4 FY25 · 30 May 2025		Q4 FY25Q3 FY26:Management guided down: 'grow ourselves at the pace of about 30%, 35% year-on-year... next coming 4 years'.
Call transcript, Q3 FY26 · 17 Feb 2026		Revised Down
Order Book ValueDouble the closing amount by March 2026
Call transcript, Q1 FY26 · 20 Aug 2025		Q1 FY26Q3 FY26:Order book reached 450 cr. Management guided to close FY26 at '1.5x or 2x of the closing of FY26' revenue.
Call transcript, Q3 FY26 · 17 Feb 2026		On Track

Source: Inve Guidance Tracker for Power & Instrumentation (Gujarat) Limited · to Q3 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 Power & Instrumentation (Gujarat) Limited's 6 targets was missed. See which ones, and which are quietly gone. The 3 above are the free sample; 3 more targets are in the full ledger.

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Price

₹90.06 +0.07% · +₹0.06

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

Performance −42.2% 1Y

₹100₹120₹140₹160Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q3 FY26 — 17 Feb 2026

1Y: ₹155.91 on 24 Oct 2025 → ₹90.06. High ₹158.12 (17 Nov 2025), low ₹88.64 (23 Oct 2026).

Previous close
₹90
Market cap
₹198 Cr
52-week range
₹88.64 – ₹158.12
One year
−42.98%
Price to earnings (TTM to Jun 2026)
13.56×
Return on equity (TTM to Jun 2026)
11.15%

Overview

Symbol
NSE:PIGL
Industry
Industrials
Exchange
NSE
Currency
INR

What Power & Instrumentation (Gujarat) Limited does

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

Power & Instrumentation (Gujarat) Limited is an "A" Class electrical contractor that designs, supplies, installs, tests and commissions electrical infrastructure -- substations, transmission and distribution lines, DG/UPS backup power, distribution panels, lighting, fire-fighting, access control and building management systems -- for airports, telecom operators, industrial plants, distribution companies and government bodies. It earns as an EPC/turnkey contractor on government and private tenders (e.g., RDSS distribution electrification, airport electrification, substations for PSUs). Through its subsidiary Peaton Electrical Company Limited (PECL), it is also moving into manufacturing, producing busduct systems under the "Phibar" brand and, under a Siemens license, SIEPAN 8PU low-voltage switchboards.

Segments

  • Infra
  • Telecom
  • Industries
  • Govt & Public Sector Units
  • Distribution Company
  • Manufacturing (via subsidiary PECL)
Offices across India
8
Projects delivered
310+
Airport electrification projects completed
35+
HT & LT lines laid
20,000+ km
Households electrified
1,00,000+
Clients served
100+
Founded 1975Headquarters Ahmedabad, Gujarat, India Company website

How the price took the results

close before → close after

Q3 FY26
+6.5%
17 Feb

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.

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