Event Type: Q1 FY27 Earnings Conference Call

Date and Time: The call was held on Monday, August 10, 2026, at 03:30 P.M. IST.

Purpose: The call was organized to discuss the Unaudited Standalone and Consolidated Financial Results of the Company for the Quarter ended June 30, 2026 (Q1 FY27).

Management Participants:

  • Mr. Bharanidharan Pandyan – Joint Managing Director
  • Mr. Sanjog Mhatre – Chief Executive Officer
  • Mr. Rajesh Jayaraman – Chief Financial Officer
  • Mrs. Sarika Jadhav – Senior Vice President, Finance

Moderator: Mr. Siddarth Bhamre from Asit C. Mehta Investment Intermediates.

Availability of Transcript: The transcript of the earnings call was submitted to the exchanges on August 14, 2026, pursuant to SEBI LODR Regulations. It is also available on the company's website at www.qualitypower.com.

Financial Period Discussed: Q1 FY27 (Quarter ended June 30, 2026)

Key Financial Highlights from the Call:

  • Revenue: INR 256.4 crores
  • Gross Profit: INR 121 crores
  • Gross Margin: 47.2% (vs. 44.6% previously)
  • Reported EBITDA: INR 64.7 crores
  • Reported EBITDA Margin: 25.2%
  • Profit Before Tax (PBT): INR 59.4 crores
  • Profit After Tax (PAT): INR 46.7 crores
  • EPS: INR 4.66 (up from INR 3.12 YoY)
  • Order Book: INR 1,945 crores (approx. 1.9x last year's revenue)
  • Interim Dividend: INR 0.25 per share declared by the board.

Adjustments & Guidance:

  • Other expenses included a non-cash, hyperinflation accounting (Ind AS 29) loss of INR 7.82 crores from Turkish operations.
  • Excluding this adjustment, Adjusted EBITDA would have been INR 72.5 crores (28.3% margin), Adjusted PBT would be INR 67.2 crores, and Adjusted PAT would be INR 54.5 crores.
  • Management guided for investors to model the company at "20% or high teens EBITDA."
  • For FY27, the company is guiding for 20% growth, with a potential revision in Q3.
  • For FY28, a 50% growth rate was referenced.

Operational and Strategic Updates:

  • Sangli Facility: Machinery installation is progressing. Trial production is targeted for August 2026, subject to approvals. The facility requires ~60 customer audits before full volume ramp-up, expected over 6 months. Peak revenue potential is estimated at INR 1,500-1,800 crores.
  • High Voltage CTC Magnet Wire Facility: Machinery installation is commencing, with full production targeted by Q4 FY27.
  • Endoks (Turkey): Civil construction for the Power Conversion System (PCS/BESS) facility is complete, with operations expected to begin in Q3 FY27. The facility has a peak revenue potential of ~$70-80 million. The business has a USD 60 million order pipeline and anticipates another USD 40 million in the next 12 months.
  • Winwin Acquisition: Confirmatory due diligence for Winwin Speciality Insulators Ltd. is complete with no adverse findings. The enterprise value is ~INR 315 crores. Consolidation is expected by Q4 FY27. The facility has a current capacity of ~INR 250-300 crores, expandable to INR 450-500 crores with capex.
  • Group Integration: Emphasis on standardizing engineering, manufacturing, and procurement across the group. A Chief Procurement Officer has been appointed to consolidate purchasing.

Compliance Statement: The document is a regulatory submission of the earnings call transcript. The call itself contained discussions of published financial results and operational updates. No explicit statement regarding UPSI was made in the provided transcript text.

Additional Notes Section

  • The document submitted was the transcript of the earnings conference call.
  • Financial data for Q1 FY27 was disclosed and discussed in detail during the call.