Quality Power Eyes ₹900 Crore Revenue, 22% Margins in FY26

• Quality Power Electrical Equipments projects FY26 revenue above ₹900 crore and margins over 22%, exceeding previous guidance.
• Joint MD Bharanidharan Pandyan attributes improved margins to the Mehru acquisition, rising from 5% to 15-16% within nine months.
• High-voltage power equipment and power electronics segments are key margin drivers, operating near 30% and boosting overall profitability.
• Raw material price volatility, especially for metals, has stabilized, with the company expecting no further cost shocks.
• A new manufacturing facility with ₹1,500 crore revenue potential will begin trial production in June, contributing significantly by late FY26.