Latest news with #QualityPower
Business Standard
08-08-2025
- Business
- Business Standard
Quality Power Electrical spurts on Abu Dhabi order win, strong Q1 results
Quality Power Electrical Equipments rose 4.90% to Rs 816.35 after securing an order worth about Rs 34.75 crore from Abu Dhabi Transmission Company, a leading utility in the UAE. The order includes the supply of both dry-type and oil-filled shunt reactors, engineered using the company's proprietary Dry-Q technology. The equipment will be manufactured and delivered over the next year from Quality Power's global manufacturing hub in Sangli, India. This order strengthens Quality Power's reputation as a trusted partner in the UAE, a region where the company has successfully delivered coil products up to 230kV, including for the prestigious UAE HVDC interconnection project. The company announced its Q1 June 2025 results on Thursday, 7 August 2025. On a consolidated basis, its net profit stood at Rs 37.1 crore in Q1 FY26, up 11% year-on-year and 21.5% higher sequentially. Total revenue were Rs 194.1 crore, marking a 143.6% increase over Q1 FY25 and a 49.4% rise compared with Q4 FY25. PBT came in at Rs 44.3 crore, up 8.8% year-on-year and 24.4% quarter-on-quarter. EBITDA was Rs 31 crore, up 31.6% over the year-ago quarter and 90.4% sequentially. EBITDA margin stood at 17.5% in Q1 FY26, compared with 38.4% in Q1 FY25 and 15% in Q4 FY25. As of June 2025, the companys order backlog exceeded Rs 775 crore, contributed by Quality Power Equipments, Endoks, and Mehru. Quality Power Electrical Equipments specializes in high-voltage power equipment and advanced power quality solutions. The company serves both utilities and industries in their pursuit of grid stability, operational efficiency, and network reliability.
Business Upturn
08-08-2025
- Business
- Business Upturn
Quality Power bags Rs 34.75 crore order from Abu Dhabi Transmission Company for high-voltage reactors
By Aman Shukla Published on August 8, 2025, 12:08 IST Quality Power Electrical Equipments Ltd. (BSE: 544367; NSE: QPOWER) has secured a major international order worth around ₹34.75 crore from Abu Dhabi Transmission Company, a key utility player in the UAE and a Fortune 500 firm. The order includes the supply of Dry-Type and Oil-Filled Shunt Reactors, designed using Quality Power's in-house Dry-Q technology. Manufacturing and delivery will take place over the coming year from the company's main facility in Sangli, Maharashtra. This marks another significant milestone for Quality Power in the UAE, a region where the company has already delivered coil products of up to 230kV, including for the well-known UAE HVDC interconnection project. Speaking on the development, Waingankar, Head of Coil Product Sales, said, 'Despite stiff competition from European and Chinese players, we secured this order at healthy margins, thanks to our technical capability, strong project track record, and long-term reliability. The UAE continues to trust us for its critical grid applications.' He also noted a growing global interest in coil products, saying, 'We're seeing a surge in demand from various geographies—not just for HVDC and FACTS projects. The U.S. market, in particular, has shown a sharp increase in enquiries, even with ongoing tariff-related challenges.' This deal further strengthens Quality Power's global position as a key player in high-voltage power solutions and underscores its commitment to supporting critical grid infrastructure and sustainable energy systems worldwide. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
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Business Standard
22-07-2025
- Business
- Business Standard
Quality Power shares zoom 6% on bagging ₹10 crore worth export order
Shares of Quality Power Electrical Equipments rose over 6 per cent on Tuesday after it bagged an export order worth ₹10 crore for a hyperscale data centre project in Finland. The heavy electrical equipment firm's stock rose as much as 6.3 per cent during the day to ₹869.9 per share. The stock pared gains to trade 4.14 per cent higher at ₹861 apiece, compared to a 0.02 per cent advance in Nifty 50 as of 10:50 AM. Shares of the company are trading near their all-time high of ₹931.4, which it hit on July 18. The counter has risen nearly 100 per cent since its listing in February this year. Quality Power has a total market capitalisation of ₹6,722.15 crore. Track LIVE Stock Market Updates Here Quality Power bags over ₹10 crore export order The company secured an export order worth over ₹10 crore from a European client for a hyperscale data centre project in Finland, according to an exchange filing. The order involves the supply of dry-type shunt reactors, marking a significant milestone in the company's global expansion and growing role in critical power infrastructure for digital facilities. The reactors, based on Quality Power's advanced air-core coil technology, are designed to stabilise voltage and control reactive power under light load conditions, ensuring grid stability and power quality at the utility interface. These solutions are especially relevant for data centres in colder European climates, where power factor correction and voltage regulation are increasingly critical, the company said. The equipment complies with IEC 60076-6 and relevant data centre resilience standards. Dry-type reactors are preferred in sensitive environments due to their lower fire and environmental risk compared to oil-filled alternatives. Manufacturing and testing will take place at Quality Power's ISO-certified coil facility in Sangli, Maharashtra, and the execution of the order will begin immediately, the statement said. About Quality Power The company is a manufacturer of high-voltage electrical equipment and solutions, providing reactors, transformers, line traps, FACTS, and power quality solutions. With multiple manufacturing facilities in India and Turkey, the company has installations in over 100 countries for equipment up to 765kV systems. The company's shares made their D-street debut on February 24, 2025, by listing at Rs 430 per share on the NSE, and Rs 432.05 per share on the BSE, against the IPO issue price of Rs 425 per share.
Business Standard
21-07-2025
- Business
- Business Standard
Quality Power Electrical Equipments wins export order of Rs 10 cr
For supply of dry-type Shunt Reactors for a hyperscale data centre project in Finland Quality Power Electrical Equipments has secured a significant export order exceeding Rs 10 crore from a leading European customer for the supply of dry-type Shunt Reactors for a hyperscale data centre project in Finland. This order marks a key milestone in Quality Power's expanding role in supporting power infrastructure for mission-critical digital facilities. Modern data centres, particularly in colder European geographies, are placing increasing emphasis on grid stability, reactive power control, and power factor correction. The dry-type air core Shunt Reactors being supplied under this contract are engineered to mitigate voltage rise and manage reactive power flows under light load conditions, thereby ensuring steady voltage levels at the point of interconnection with utility grids. The selection of Quality Power's advanced coil technology for a hyperscale European data centre underscores the company's technical competence and growing brand recognition in global markets. These reactors are designed in line with IEC 60076-6 and applicable data centre resilience standards and are particularly suited for continuous duty in sensitive environments where oil-filled equipment may not be preferred due to fire and environmental considerations. The reactors will be manufactured and tested at Quality Power's ISO 9001, ISO 14001, and ISO 45001 certified coil facility in Sangli, India. Execution activities shall will commence immediately.
Business Upturn
21-07-2025
- Business
- Business Upturn
Quality Power bags Rs 10 crore order for Microsoft data centre project in Finland
By Aditya Bhagchandani Published on July 21, 2025, 17:12 IST Quality Power Electrical Equipments Ltd. (BSE: 544367; NSE: QPOWER), a global provider of high-voltage power products and solutions, announced that it has secured a significant export order valued at approximately ₹10 crore from a leading European customer. The order involves the supply of dry-type Shunt Reactors for a hyperscale data centre project in Finland, which sources indicate is associated with Microsoft. According to the company's regulatory filing with NSE and BSE, the contract is a single large international order, expected to be executed within 12 months. The reactors will be manufactured at Quality Power's certified facility in Sangli, India, which adheres to ISO 9001, ISO 14001, and ISO 45001 standards. These dry-type air core Shunt Reactors are engineered to ensure voltage stability and manage reactive power flows under light load conditions, which are crucial for the reliable operation of hyperscale data centres. Unlike oil-filled equipment, these reactors are designed to meet IEC 60076-6 standards and are suited for sensitive environments, minimizing fire and environmental risks. Mr. Vivek Moroney, President – Operations, commented: 'Securing this order following rigorous technical evaluations by Scandinavian utilities and consultants reaffirms our engineering capabilities and growing presence in global markets. This strategic entry into supplying for large-scale data centre applications strengthens our position internationally.' This milestone reflects Quality Power's ongoing focus on delivering high-reliability coil products that support the energy infrastructure needs of modern digital facilities, particularly in environmentally sensitive and high-performance contexts. The company has clarified that neither its promoters nor any group companies have any interest in the awarding entity, and the transaction does not fall under related-party transactions. For further updates, the company will upload additional details on its website: About Quality Power Electrical Equipments Ltd.: Quality Power is a publicly listed Indian multinational specializing in high-voltage power equipment and advanced power quality solutions. With installations in over 100 countries, it supports utilities and industries with innovative products critical to the global energy transition. Disclaimer: Statements relating to future events and business outlook are forward-looking and subject to risks and uncertainties. Actual results may differ materially. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
