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Power & Instrumentation (Gujarat) Ltd.

Power & Instrumentation (Gujarat) Ltd.

90.96
INR
-4.04
(-4.25%)
8.19EPS
14.31P/E
2.41BMarket Cap
Power & Instrumentation (Gujarat) Ltd.
BSE:PIGL
(Bombay Stock Exchange)

Recent

price

90.96

P/E

ratio

14.31

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
46.1
51.24
64.18
72.67
85.39
103.1
124.67
126.37
121.29
106.15
86.19
77.37
96.58
119.61
123.53
Revenue per Share
1.25
1.35
1.52
1.74
2.21
2.81
4.36
4.26
4.91
3.37
3.37
4.68
6.73
7.77
7.94
Basic EPS, GAAP
-2.37
-1.82
-1.78
-4.28
-2.86
-2.83
-0.73
3.88
-1.65
-3.47
0.56
6.63
-23
-3.35
- -
Free Cash Flow per Basic Share
0.04
0.04
0.04
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.14
0.19
- -
Dividend per Share
9.58
10.89
13.01
14.86
17.22
20.75
33.59
37.35
42.25
42.46
35.86
40.54
63.25
72.1
- -
Book Value per Share
9.58
10.89
13.01
14.86
17.22
20.75
33.59
37.35
42.25
42.46
35.86
40.54
63.25
56.88
- -
Tangible Book Value per Share
7
7
7
7
7
7
7
7
7
9
11
13
17
18
18
Basic Weighted Avg Shares
325
361
452
512
601
726
878
890
854
913
931
975
1,688
2,183
2,264
Sales/Revenue/Turnover
4.99
6.97
6.68
8.35
8.28
7.74
8.02
9.17
8.51
7.1
8.1
10.54
10.58
10.34
10.22
Operating Margin (%)
1
2
4
2
3
3
4
3
2
4
3
2
2
11
8
Depreciation Expense
9
9
11
12
16
20
31
30
35
29
36
59
118
142
145
Net Income, GAAP
33.01
33.14
32.69
32.36
32.88
32.93
25.56
28.37
25.59
30.77
26.63
23.8
26.32
23
22.19
Effective Tax Rate (%)
2.7
2.63
2.37
2.39
2.59
2.72
3.5
3.37
4.05
3.18
3.91
6.05
6.97
6.5
6.43
Profit Margin (%)
120
154
193
238
116
146
204
194
240
258
294
347
824
788
- -
Working Capital
66
99
122
155
25
27
18
6
42
50
46
47
45
146
- -
LT Debt
68
77
92
105
121
146
237
263
298
365
453
512
1,106
1,674
- -
Total Equity
- -
10.45
10.08
10.39
11.24
12.06
14.49
13.05
11.72
7.36
7.53
11.35
13.63
10.3
- -
Return on Invested Capital (%)
- -
10
9.22
7.76
9.45
12.31
14.55
14.44
10.22
6.91
7.48
11.36
13.99
10.01
- -
Return on Capital (%)
- -
13.16
12.73
12.47
13.78
14.8
16.07
12.02
12.34
8.76
8.91
12.23
14.54
10.78
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
185
- -
LT Borrowings
- -
140
- -
LT Finance Leases
- -
6
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
18
21
21
Market Capitalization
2,301
2,058
2,406

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
1,561
- -
Cash, Cash Equivalents & STI
- -
38
- -
Accounts Receivable, Net
- -
418
- -
Inventories
- -
838
- -
Total Current Liabilities
- -
773
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
185
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
34.96%
45.41%
51.35%
Free Cash Flow
-23.89%
128.24%
-84.81%
Net Income, GAAP
31.4%
38.28%
20.6%
Sales/Revenue/Turnover
17.25%
23.2%
29.28%
Total Cash Common Dividend
- -
- -
40.68%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
255
549
334
551
1,688
2026
413
703
487
585
2,183
2027
489
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.48
2.69
1.94
1.49
6.73
2026
1.5
2.66
1.82
2.1
7.77
2027
1.44
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.14
2026
- -
- -
- -
- -
0.19
2027
- -
- -
- -
- -
- -
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Business
Power & Instrumental (Gujarat) Limited engages in electrical contract work and deals in electrical equipment in India. Founded in 1975 and headquartered in Ahmedabad, Gujarat, the company provides EPC solutions for electrical requirements, including electrical contracting; indoor substation installations; field services; generator sales, service, and rental; design, installation, maintenance, and repairs for energy-efficient power and distribution transformers, generators, switchgear, compressors, and load banks; electro-mechanical services encompassing substations, automation, and HVAC solutions; cable management; external lighting; uninterrupted power supply systems; and turnkey solutions from concept to commissioning for government, semi-government, and private sector projects across industrial, commercial, telecom, airport, and infrastructure segments. It operates primarily in India with branch offices in locations such as Mumbai and Talod, serving clients including Sardar Vallabhbhai Patel International Airport, Raja Bhoj Airport, and various state utilities. Recent developments include securing multiple turnkey orders under the Revamped Distribution Sector Scheme (RDSS), such as Rs.68.22 crore and Rs.34.56 crore contracts from Ajmer Vidyut Vitran Nigam Limited (AVVNL) in October 2025 for 11kV feeder segregation projects with 15-month execution periods; a Rs.21.39 crore order from ATS Techno in October 2025 for Ahmedabad factory shed electrical works with 12-month execution; allotment of 250,000 equity shares in November 2025 to bolster its equity base; acquisition of 140,000 fully convertible warrants by promoter group entity Power Infra Cons Private Limited in November 2025 at Rs.83.75 each, convertible within 18 months; a Rs.4.09 crore arbitration award against Chennai Port Trust in September 2025; and strategic investment in Peaton Electricals for backward integration in electrical manufacturing.