Power Instrument (G) Ltd

NSE: PIGL · Other Electrical Equipment · sector

Compare with peers

₹90.06NSE close 2026-10-27

Key numbers

Market cap₹179 cr

Price₹90.06

52w high / low₹171 / ₹88

P/E12.4xSector median 20.6x

P/B1.2xSector median 3.5x

Book value₹76.9

Dividend yield0.20%Sector median 0.24%

ROE11.2%Sector median 15.5%

ROCE15.0%Sector median 16.4%

OPM10.6%Sector median 11.7%

Debt / equity0.08xSector median 0.32x

EV/EBITDA7.9xSector median 13.3x

Interest cover4.8x

Current ratio2.44x

Sales growth 3y+32.4%Sector median +17.8%

Profit growth 3y+58.3%Sector median +15.2%

PEG0.72x

Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 59 companies in Other Electrical Equipment (P/E median leaves out loss-making companies). Tap ? for what a number means.

Things to know

Cash ₹4 cr vs borrowings ₹13 cr (FY26): borrowings are higher by ₹9 cr.
Operating profit covered interest 4.8x in the last 12 months.
Promoter holding rose by 4.60 percentage points in a year, to 50.69% (2026-09-30).
Operating cash flow was below net profit in 3 of the last 4 years (FY26, FY25, FY23).
Revenue was higher than a year earlier in 4 of the last 4 quarters.
Other income was 12% of net profit in the last 12 months.
Debtor days went from 111 (FY24) to 70 (FY26).
Dividend paid in 3 of the last 4 financial years.
Price ₹90.06 on 2026-10-27: -47.4% from the 52-week high, +2.3% from the 52-week low.

Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.

Charts

Weekly close · high ₹396.10 · low ₹90.06

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	55	33	55	41	70	49	59	49
EBITDA	5	4	5	4	7	6	6	5
OPM %	9.5%	11.1%	9.3%	9.8%	9.4%	12.0%	10.9%	10.3%
Other income	1	1	0	0	1	0	0	0
Net profit	4	3	3	3	5	4	4	3
EPS (₹)	2.69	1.94	1.49	1.50	2.66	1.82	1.32	1.44
Revenue YoY					+27.9%	+45.8%	+6.2%	+18.4%
Profit YoY					+21.1%	+11.9%	+29.2%	+10.3%

Consolidated figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY23	FY24	FY25	FY26	TTM
Revenue	94	101	169	219	226
EBITDA	8	11	17	23	24
Net profit	4	6	12	14	15
EPS (₹)	2.81	4.70	6.61	4.54	7.24
Revenue growth		+6.8%	+67.8%	+29.6%	+22.6%
Profit growth		+62.1%	+99.3%	+22.6%	+18.3%
Dividend / share (₹)	–	0.20	0.20	0.20

Compounded growth	3 years	5 years	Last 12 months
Sales	+32.4%	–	+22.6%
Net profit	+58.3%	–	+18.3%
EPS	+17.3%	–	–
Share price	–	-37.7% (2y)	-47.0%

Balance sheet

₹ cr	FY23	FY24	FY25	FY26
Shareholders' equity	45	51	111	153
Borrowings	31	14	18	13
Cash & equivalents	0	0	0	4
Total assets	107	107	173	234
Fixed assets	1	1	0	13
Capital work in progress	1	1	1	2
Investments	0	0	0	0
Receivables	38	31	60	42
Inventory	35	41	48	84
Payables	23	33	30	42

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY23	FY24	FY25	FY26
Cash from operations	1	8	-40	-5
Cash from investing	-5	-0	-12	-14
Cash from financing	4	-8	52	22
Capex	0	0	0	1
Free cash flow	1	8	-40	-6

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY23	FY24	FY25	FY26
ROE %	8.0%	11.5%	10.6%	9.4%
ROCE %	10.8%	18.5%	15.0%	14.4%
Debtor days	149	111	131	70
Inventory days	159	182	124	166
Payable days	106	147	79	83
Cash conversion cycle (days)	202	146	176	153
Working capital days	114	126	177	127

Shareholding

Holder (% of shares)	Mar 2026	Jun 2026	Sep 2026	Change since Mar 2026
Promoters	50.69%	50.69%	50.69%	0.00 pts
FIIs	0.01%	0.00%	0.01%	0.00 pts
DIIs	0.75%	0.82%	1.13%	+0.38 pts
Public (non-institutions)	48.54%	48.49%	48.17%	-0.37 pts
No. of shareholders	10,448	10,812	10,578	+1.2%

PromotersFIIsDIIsPublic (non-institutions)

Promoter group	%
Padmaraj Padmnabhan Pillai	15.40%
Padmavir Hospitality LLP	8.03%
Padmavati Padmanabhan Pillai	7.99%
Power Infra Cons Private Limited	7.79%
Kavita Padmaraj Pillai	5.50%
Padmaraj P Pillai HUF	3.78%
Shreekala Padmanabhan Pillai	1.35%
Padmaraj Padmanabh Pillai	0.85%
Sreelatha Padmanabhan Nair	0.00%
Sriram Padmanabhan Nair	0.00%

Public holders above 1%	%
Kashee Innovation	1.89%
Sumitkumar Ramesh Gupta	1.29%
Mithun Khaitan	1.14%
Arihant Bharat Advantage Fund	1.13%

10,578 shareholders. Pledged: – of promoter shares.

From the company's quarterly shareholding-pattern filings on the exchange (NSE/BSE), latest as of Sep 2026. "pts" = percentage points; the number of shareholders is as filed by the company.

Peers in Other Electrical Equipment

Company	Market cap	P/E	P/B	ROE	ROCE	OPM	Sales 3y	Div yield
WAAREEENER	₹65,440 cr	17.1x	4.5x	23.0%	33.2%	20.2%	–	0.09%
APARINDS	₹60,870 cr	51.5x	11.3x	11.6%	32.9%	8.7%	+16.9%	0.34%
PREMIERENE	₹39,130 cr	23.2x	9.1x	46.7%	29.7%	30.0%	–	0.08%
MTARTECH	₹20,738 cr	155.4x	25.2x	17.2%	18.3%	20.7%	+15.2%	–
DIACABS	₹17,638 cr	89.7x	–	–	13.0%	11.7%	–	–
EMMVEE	₹16,661 cr	11.6x	3.8x	53.0%	34.1%	34.7%	–	–
AVALON	₹14,490 cr	108.3x	20.1x	20.0%	21.9%	11.4%	+19.3%	0.00%
UTLSOLAR	₹11,331 cr	36.6x	8.9x	23.1%	25.4%	14.6%	–	–
GENUSPOWER	₹7,411 cr	11.4x	3.3x	31.9%	22.2%	18.8%	+80.5%	0.82%
PIGL	₹179 cr	12.4x	1.2x	11.2%	15.0%	10.6%	+32.4%	0.20%

All 59 companies in Other Electrical Equipment →

Dividends & corporate actions

Ex-date	Action	Detail
2025-09-19	Dividend	Dividend - Re 0.20 Per Share
2024-09-23	Other	Annual General Meeting
2024-09-23	Dividend	Dividend - Rs 0.20 Per Share
2023-09-22	Other	Annual General Meeting
2023-09-22	Dividend	Dividend - Re 0.20 Per Share

Latest filings

25 Sep 2026
Shareholders meeting
Power & Instrumentation (Gujarat) Limited has informed the Exchange about Shareholders meeting
19 Sep 2026
Bagging/Receiving of orders/contracts
Power & Instrumentation (Gujarat) Limited has informed the Exchange about Bagging/Receiving of orders/contracts
11 Sep 2026
General Updates
Power & Instrumentation (Gujarat) Limited has informed the Exchange about General Updates
2 Sep 2026
General Updates
Power & Instrumentation (Gujarat) Limited has informed the Exchange about General Updates
2 Sep 2026
Shareholders meeting
Power & Instrumentation (Gujarat) Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 25, 2026
25 Aug 2026
Outcome of Board Meeting
Outcome of Board Meeting held on 25 august 2026
14 Aug 2026
Outcome of Board Meeting
Power & Instrumentation (Gujarat) Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.

Filed by the company on NSE in the last 3 months (routine notices left out). The text under each title is a short extract of the company's own filing; the link opens the full original file on the NSE website. Fetched 27 Oct 2026.

Documents

Links go to the original files on the exchange website.

About the company


Sector	Industrials
Industry	Other Electrical Equipment
Sub-industry	Other Electrical Equipment
Symbol	PIGL
BSE code	543912
ISIN	INE557Z01018
Face value	₹10.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-27.