Quality Power Electrical Equipments Limited IPO
The Company are a leading Indian company with a global footprint in the critical energy transition and power technologies space. Their focus is on delivering high-voltage electrical equipment and innovative solutions that enable electrical grid connectivity and support the global energy transition. As a technology-driven organization, they specialize in power products and solutions that span the entire spectrum of power generation, transmission, distribution, and automation. Their offerings also extend to cutting-edge equipment and solutions designed specifically for emerging applications, such as large-scale renewable energy systems.
Unique Position in High Voltage Energy Solutions
They are among the few global manufacturers capable of delivering critical high-voltage equipment for High Voltage Direct Current (HVDC) and Flexible AC Transmission Systems (FACTS) networks. These technologies form the backbone of energy transition efforts, facilitating the integration of renewable energy sources into traditional power grids. With over two decades of experience in the energy transition space, their comprehensive product portfolio includes:
i. Transformers and Reactors: Engineered for power transmission efficiency.
ii. Line Traps and Instrument Transformers: Supporting grid communication and protection.
iii. Capacitor Banks and Harmonic Filters: Enhancing power quality and reducing distortions.
iv. Converters and Reactive Power Compensation Systems: Enabling efficient grid performance.
They also provide advanced grid interconnection solutions featuring technologies like Static Synchronous Compensators (STATCOM) and Static VAR Compensators (SVC). These solutions are pivotal in ensuring stable and reliable grid performance in both domestic and international markets.
Global Reach and Commitment to Innovation
Their extensive domestic and international footprint enables them to cater to diverse customer bases across the globe. By offering a broad range of high-voltage products and solutions, they support the modernization and advancement of electrical networks. Their technologies are designed to enhance grid reliability and performance while addressing the challenges posed by modern energy systems.
With a focus on innovation and efficiency, their high-voltage solutions enable operators to maintain power quality and operational reliability. By providing critical support for power grid management and overall network stability, they are actively contributing to the evolution of contemporary electrical infrastructure.
Conclusion
As a leader in high-voltage electrical equipment and solutions, they are uniquely positioned to drive the energy transition by providing technologies that ensure efficient power transmission and stable grid performance. Their advanced solutions, backed by world-class manufacturing and research capabilities, reflect their commitment to delivering value to clients worldwide while contributing to a sustainable energy future.
Objects of the Quality Power Electrical Equipments Limited IPO:
Quality Power Electrical Equipments Limited IPO Details:
Open Date: | Feb 14 2025 |
Close Date: | Feb 18 2025 |
Total Shares: | 2,02,04,618 |
Face Value: | ₹ 10 Per Equity Share |
Issue Size: | 858.70 Cr. |
Lot Size: | 26 Shares |
Issue Price: | ₹ 401 - 425 Per Equity Share |
Listing At: | NSE,BSE |
Listing Date: | Feb 21 2025 |
Promoters And Management:
Financials of Quality Power Electrical Equipments Limited IPO:
Particulars ( in million) | 6MFY25 | Fy24 | Fy23 | Fy22 |
Revenue from operations | 1,557.38 | 3,005.97 | 2,532.50 | 1,826.38 |
Other income | 269.77 | 308.04 | 203.01 | 290.95 |
Total Income | 1,827.15 | 3,314.01 | 2,735.51 | 2,117.33 |
Cost of materials consumed | 878.32 | 2,053.04 | 1,575.33 | 1,079.94 |
(Increase)/decrease in inventories | 40.26 | -50.24 | 23.06 | -8.52 |
Employee benefits expenses | 129.73 | 247.58 | 200.63 | 165.99 |
Other expenses | 192.67 | 377.17 | 411.91 | 357.13 |
EBITDA | 316.40 | 378.42 | 321.57 | 231.84 |
OPM | 20.32% | 12.59% | 12.70% | 12.69% |
Finance costs | 17.23 | 22.93 | 26.65 | 14.76 |
Depreciation and amortisation | 18.15 | 33.65 | 23.37 | 19.26 |
PBT | 550.79 | 629.88 | 474.56 | 488.77 |
Total tax expenses | 47.65 | 77.81 | 77.51 | 67.67 |
Profit for the year | 500.78 | 554.74 | 398.92 | 422.27 |
Comparison With Peers:
Financial Metric | Quality Power (Fy24) | Hitachi Energy (Fy24) | Transformers & Rectifiers India Ltd (TRIL) (FY24) |
Revenue (₹ Crores) | 300.6 | 5237 | 1291 |
EBITDA (₹ Crores) | 37 | 359 | 134 |
PAT (₹ Crores) | 55.47 | 164 | 47 |
EBITDA Margin (%) | 12.59% | 6.86% | 10.38% |
PAT Margin (%) | 18.50% | 3.13% | 3.64% |
P/E Ratio | 60x | 152x | 76x |
Market Capitalization (₹ Crores) | 3,300 | 47,846 | 12,000 |
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