Quality Power Electrical Equipments Ltd. · NSE:QPOWER
Quality Power Electrical Equipments — Q3 FY2025 Earnings Presentation
32 slides from Quality Power Electrical Equipments's earnings presentation, Mar 17, 2025
Slide 1: Exchange filing letter: revised earnings call presentation
17th March, 2025 To, To, National Stock Exchange of India Limited, BSE Limited Exchange Plaza, Plot No. C/1, G Block, Phiroze Jeejeebhoy Bandra-Kurla Complex, Bandra (East), Towers, Dalal Street, Mumbai – 400051 Fort, Mumbai – 400001 NSE Symbol: QPOWER BSE Scrip Code: 544367 ISIN: INE0SII01026 Dear
Slide 2: Earnings Presentation March 2025
Quality Power Electrical Equipments Limited Earnings Presentation March 2025
Slide 3: Quality Power at a Glance
Quality Power at a Glance Quality Power is an Indian entity serving global clients in critical energy transition equipment and power technologies which provides a wide range of technology-driven products for high voltage electrical equipment along with tailored solutions for grid connectivity and en
Slide 4: Investment Rationale
Investment Rationale Key Provider of Energy Transition Solutions and Power Technologies: Established as an Indian manufacturer of high-voltage power equipment and advanced power quality solutions Comprehensive Solutions for Energy Transition and Sustainability: Offers a diverse range of high-voltage
Slide 5: Management Perspective
Management Perspective With the successful completion of our IPO in February 2025, raising To sustain our growth momentum, we are investing in state-of-the-art ₹8,586 million, we have entered a new phase of growth, well-positioned manufacturing facilities at E-5 and E-6 in Sangli, along with a capac
Slide 6: Q3 FY25 Financial Performance
Q3 FY25 Financial Performance All figures in Rs. Mn. Revenue from Operations Gross Profit and Margin* (48.9)% (12.7)% 1,421 408 356 369 943 726 49.0% 39.1% 28.7% Q3FY24 Q2FY25 Q3FY25 Q3FY24 Q2FY25 Q3FY25 Gross Profit Margin EBITDA and Margin* PAT and Margin 63.2% 44.6% 174 196 135 134 107 81 24.0% 2
Slide 7: 9M FY25 Financial Performance
9M FY25 Financial Performance All figures in Rs. Mn. Revenue from Operations Gross Profit and Margin* (13.1)% 19.4% 2,626 995 833 2,283 43.6% 31.7% 9MFY24 9MFY25 9MFY24 9MFY25 Gross Profit Margin EBITDA and Margin* PAT and Margin 174.4% 83.5% 696 491 380 26.5% 179 21.5% 12.9% 6.8% 9MFY24 9MFY25 9MFY
Slide 8: Strong Order Backlog
Strong Order Backlog All figures in Rs. Mn. New Significant Orders 7,000 Coil Product has highest demand globally. New order includes 1,500 5,170 ➢ Trial coils for Australia HVDC Link ➢ Closed Abu Dhabi HVDC Lightning link. 1,000 ➢ Indian STATCOM Orders inflow 1,800 ➢ Korea STATCOM ➢ Burkina FASO St
Slide 9: Q3 and 9M FY25 Profit/Loss Statement Summary
Q3 and 9M FY25 Profit/Loss Statement Summary Y-o-Y Q-o-Q Y-o-Y (Rs. Mn) Q3 FY25 Q3 FY24 Q2 FY25 9M FY25 9M FY24 (%) (%) (%) Operating Revenue 726 1,421 (48.9)% 943 (23.0)% 2,283 2,626 (13.1)% Other Income 72 86 87 341 313 Total Revenue from Operation 797 1,507 (47.1)% 1,031 (22.6)% 2,625 2,939 (10.7
Slide 10: Group Organizations & Brands
Group Organizations & Brands • Power Electronics • Medium Voltage Instrument Transformers • Power Quality Located in Sangli, Maharastra Located in Turkey • Edge Computing & IOT • High-voltage Instrument transformers • Energy Management Systems Located in Bhiwadi, Rajasthan Located in Chennai, Tamil
Slide 11: Our Progress Powered by Success
Our Progress Powered by Success Strategic Expansion in Key Investments and Takeovers Turkey • Takeover of Electrical Power Equipment Acquired 51% of Endoks Enerji Company, Bangalore Anonim Sirketi, Turkey through • Investment in Nebeskie Labs through our our subsidiary Quality Power subsidiary, Qual
Slide 12: Diversified Product Portfolio (1/2)
Diversified Product Portfolio (1/2) Power Products Coil Products Transformers Instrument Transformers Inrush Reactors Wave Traps Special Purpose Earthing Iron Core Reactors Oil Filled Reactors Converter Duty Arc Furnace • Current Transformers • Potential Transformers • Capacitive Voltage Transformer
Slide 13: Diversified Product Portfolio (2/2)
Diversified Product Portfolio (2/2) Power Quality Systems Passive Systems Hybrid Systems Active Systems Capacitor Banks TSC SVC Upto 245kV Upto 22kV Upto 66kV Harmonic Filters MCR MECB Upto 145kV Upto 34.5kV Upto 33kV Shunt Reactors TCT STATCOMs Upto 300 MVAr ratings Upto 34.5kV Upto 5 MVAr ratings
Slide 14: Manufacturing and Operating Facilities
Manufacturing and Operating Facilities Sangli, Maharashtra and Aluva (Cochin), Kerala Ankara, Turkey Capacity Products Capacity Utilization % Sangli Coil Products 2,880 MVAR 91% Transformers including 2,100 MVA Instrument transformers Composites 240 MT 85% • Specialized Power Components, including r
Slide 15: R&D Capabilities
R&D Capabilities • Focus on creating cost-efficient, high- R&D Cost as a Percentage of Total Expenses performance solutions for power projects, driving 5.75% operational excellence • The Sangli facility is NABL accredited 3.42% • Leverage centralized monitoring, maintenance 2.35% systems, and analyt
Slide 16: Global Customer Reach
Global Customer Reach • POWER • SANGLI, IN PRODUCTS (PP) • COCHIN, IN • POWER • ANKARA, TK ELECTRONICS (PE) • POWER • ANKARA, TK QUALITY (PQ) • SANGLI, IN • POWER • COCHIN, IN COMMODITIES (PC) • SANGLI, IN Quality Power Locations Quality Power Installations 15
Slide 17: Strategic Priorities to Drive Strong Growth (1/3)
Strategic Priorities to Drive Strong Growth (1/3) Consistent efforts towards generating and serving future potential demand Capacity Expansion Strong Order Backlog The planned expansion at Sangli To support these expansions, the Board has approved and Cochin underscores a CAPEX investments backed by
Slide 18: Strategic Priorities to Drive Strong Growth (2/3)
Strategic Priorities to Drive Strong Growth (2/3) Existing Customers Increase In: Product Basket; Mergers and Acquisitions Delivery Speed; Technology Leadership New Products Existing Products Market Reach through Global Sales Channel, Focus on In-House R&D Operations & shared based on Market Gaps ma
Slide 19: Near term Growth Drivers for PPL
Near term Growth Drivers for PPL Strategic Priorities to Drive Strong Growth (3/3) Acquisitions • Growth is being driven through both organic expansion and strategic acquisitions, including the recent 51% stake in Mehru Electrical. This acquisition strengthens technology, talent, product portfolio,
Slide 20: Strategic Acquisitions: MEHRU
Strategic Acquisitions: MEHRU Quality Power has acquired 51% of the share capital of Mehru for a total cash consideration of Rs. 120 crore, through a Share Purchase Agreement. This acquisition represents a strategic milestone, aligning with Quality Power’s long-term vision to expand its technologica
Slide 21: Planned Strategic Acquisitions: STATCON Energiaa
Planned Strategic Acquisitions: STATCON Energiaa Board has approved the acquisition of a majority stake in STATCON Energiaa Pvt Ltd. A dedicated M&A Committee has been formed, chaired by Mr. Bharanidharan Pandyan (Jt. Managing Director), to evaluate expansion and acquisition opportunities STATCON En
Slide 22: Driving Success with Marquee Clients
Driving Success with Marquee Clients Partnering with domestic and global clients to drive the energy transition 21
Slide 23: Board of Directors
Board of Directors Mr. Thalavaidurai Pandyan Mr. Bharanidharan Pandyan Mrs. Chitra Pandyan Mr. Mahesh Vitthal Saralaya Founder, Chairman and Managing Joint Managing & Whole-time Whole-time Director Whole-time Director Director Director 39+ years in transformers and reactors; 20+ years in Electrical
Slide 24: Awards, Accreditations & Recognition
Awards, Accreditations & Recognition Export Excellence Award 2012-2013 ET Award 2021 Awarded by EEPC India as a Awarded as ‘Economic Times Best leading 'Small Enterprise' for Infrastructure Brands 2001” outstanding contribution to Engineering Exports during the year 2012-2013 by EEPC India Western R
Slide 25: Industry Outlook
Industry Outlook Driving Factors of Electricity Transmission Global Electricity Transmission Sector (USD Bn) The market size of the entire power transmission sector INR Bn supply chain is projected to grow at a CAGR of 6%, increasing from USD 112.3 billion in 2024 to USD 143.47 billion by 2028 • Acc
Slide 26: Market Segments & Growth Projections
Market Segments & Growth Projections All figure in USD Bn. Power Products [HVDC and FACTs] Power Products [High Voltage] Global (CAGR 75-80%) India (CAGR 60-65%) Global (CAGR 7%) India (CAGR 18%) 12 5 9.2 4.5 10 3.56 4 3.25 8 2.85 3.01 3.5 5.75 3 6 2.1 2.5 3.59 249.7 2 4 63.2 67.2 71.9 1.5 2.25 55.2
Slide 27: Capital Structure
Capital Structure Cash Flow from Operations (in Mn) Debt/Equity (x) Net Capital Turnover Ratio 515 0.20 Net Capital Turnover Ratio 443 0.11 164 0.07 0.06 2.0 3.0 4.5 1.1 85 FY22 FY23 FY24 H1FY25 FY22 FY23 FY24 H1FY25 5.8 4.7 4.3 4.3 4.2 4.2 Debt Service Coverage Ratio (x) ROCE and ROE (%) 3.8 3.4 3.
Slide 28: Profit/Loss Statement Summary
Profit/Loss Statement Summary (Rs. In Mn.) FY22 FY23 FY24 9M FY25 Revenue from Operations 1,826 2,533 3,006 2,283 Other Income 291 203 308 341 Total Revenue from Operation 2,117 2,736 3,314 2,625 COGS 1,071 1,598 2,003 1,288 Gross Profit* 755 934 1,003 995 Gross Profit Margin (%) 41.3% 36.9% 33.4% 4
Slide 29: Balance Sheet
Balance Sheet (Rs. In Mn.) FY22 FY23 FY24 H1 FY25 Property, plant & equipment (Tangible, Intangible, CWIP, RoU) 337 395 671 734 Cash And Bank Balances 679 518 477 774 Inventories 408 479 235 140 Trade Receivables 539 650 795 839 Other Assets 566 1,081 1,412 1,509 Total Assets 2,529 3,122 3,589 3,996
Slide 30: MEHRU: Q3 & 9M FY25 Profit/Loss Statement Summary
MEHRU: Q3 & 9M FY25 Profit/Loss Statement Summary Y-o-Y Q-o-Q Y-o-Y (Rs. Mn) Q3 FY25 Q3 FY24 Q2 FY25 9M FY25 9M FY24 (%) (%) (%) Operating Revenue 643 522 23.1% 599 7.4% 1,760 1,443 22.0% Other Income 2 0 nm 4 (55.2)% 5 3 62.1% Total Revenue from Operation 645 522 23.5% 603 7.0% 1,765 1,446 22.1% CO
Slide 31: Disclaimer
Disclaimer This presentation, provided by Quality Power Electrical Equipments Ltd., is intended for informational purposes only and is not an offer, invitation, or inducement to sell or issue securities. It is not intended to be a prospectus under any jurisdiction's laws. The information contained h
Slide 32: Thank You!
Thank You! https://qualitypower.com investorgrievance@qualitypower.co.in For Further Information, Please Contact: Quality Power Deepak Suryavanshi Company Secretary and Compliance Officer cs@qualitypower.co.in Churchgate Partners Atul Modi / Jahanvi Mittal Investor Relations Advisors qualitypower@ch
Quality Power Electrical Equipments — Q3 FY2025 Earnings Presentation on 6ix