PIGL · Power & Instrumentation (Gujarat) Ltd · Construction Services
PIGL · Power & Instrumentation (Gujarat) Ltd · Construction Services
As of 05 Nov close
52-week range
43.3% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹59 Cr
Revenue YoY
PAT YoY
+16.7%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.7
P/S (TTM)
1
Sector P/E
10.8
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| PIGL (this stock) | 12.5 | 1.7 | +6.5% | +9.3% | 0.22 | 0.0% |
| DLF | 34.5 | 3.5 | +65.8% | +9.8% | 0.01 | +1.2% |
| Lodha Developers | 23.1 | 4.6 | +22.7% | +17.7% | 0.42 | +0.4% |
| Indus Towers | 14.4 | 2.4 | +21.8% | +17.3% | 0.52 | +3.6% |
Promoter
stable
FII
stable
MF
Not available from data source
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: Power & Instrumentation (Gujarat) Limited held its earnings conference call on February 17, 2026, to discuss the financial results for the quarter and nine months ended December 31, 2025. Management reported a total income of INR48.89 crores for Q3 FY '26, reflecting a year-on-year growth of 43.18%. EBITDA was INR6.16 crores, with a margin of 12.6%, and net profit reached INR3.57 crores, up 11.96%. For the nine months, total income was INR161.35 crores, with a net profit of INR10.91 crores. Management highlighted securing significant contracts worth INR124.17 crores during the quarter and emphasized the company's strong order book of approximately INR450 crores, primarily from government projects. The discussion also covered the company's focus on operational efficiency, capacity expansion, and the anticipated growth in the power and infrastructure sector, driven by government initiatives and investments. Management expressed confidence in achieving a year-on-year growth of 30% to 35% over the next five years.
Management emphasized strong growth and operational efficiency.
Sourced from an exchange-filed transcript, dated 21 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Power & Instrumentation (Gujarat) Limited, dated February 16, 2026, reported strong financial performance for Q3 and the nine months ended December 31, 2025. Management expressed satisfaction with revenue and profitability improvements, attributing this to disciplined execution and operational efficiency. The company secured significant EPC and infrastructure orders, enhancing its order book and revenue visibility. The presentation highlighted the approval of a subsidiary's 11 kV segregated phase busduct systems, expanding technical offerings. Key financial metrics included a consolidated total income of ₹48.89 crore and a net profit of ₹6.16 crore for Q3 FY26, with a nine-month total income of ₹161.35 crore and a net profit of ₹10.90 crore. The document emphasized the company's commitment to delivering long-term value and its mission to provide energy-efficient services while being socially responsible.
Management highlighted strong performance and growth opportunities.
Sourced from an exchange-filed presentation, dated 16 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedThe annual report of Power & Instrumentation (Gujarat) Limited (PIGL) for FY2025-26 outlines the company's strategic evolution from a traditional electrical contractor to a future-ready energy solutions provider. The report emphasizes the company's commitment to innovation, sustainability, and responsible growth, guided by the pillars of Dependability, Network, and Agility. PIGL highlights its expansion into high-growth areas such as airport infrastructure, power distribution, EHV transmission, Solar EPC, and manufacturing integration through Peaton Electricals Company Limited. The company also underscores its role in India's energy transition, focusing on renewable energy integration, grid modernization, and digital infrastructure.
- Strategic evolution from a traditional electrical contractor to a future-ready energy solutions provider.
- Expansion into high-growth areas such as airport infrastructure, power distribution, EHV transmission, Solar EPC, and manufacturing integration.
- Commitment to innovation, sustainability, and responsible growth guided by the pillars of Dependability, Network, and Agility.
- Focus on India's energy transition, including renewable energy integration, grid modernization, and digital infrastructure.
Key takeaway: PIGL is transitioning from a traditional electrical contractor to a future-ready energy solutions provider, focusing on innovation, sustainability, and responsible growth in alignment with India's energy transition and infrastructure development.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesRecent (last 12 months)
NSE issued an advisory letter dated 08.05.2025 regarding the company's delay in creating a lock-in on warrants and a minor shortfall of ₹1,375/- due to a decimal calculation error during the conversion of warrants to equity shares.
Earlier (1-3 years ago)
The company failed to lock in the pre-preferential holding from the relevant date up to a period of 90 trading days from the date of Trading approval of one allottee and received an advisory letter dated November 29, 2024 from SEBI for violation of Regulation 167(6) of Securities and Exchange Board of India (ICDR) Regulation, 2018.
Routine disclosures
Contingent Liability
2 occurrencesRecent (last 12 months)
The company has bank guarantees to Kotak Mahindra Bank Ltd and Axis Bank Ltd as of 31 March 2026.
Earlier (1-3 years ago)
The company has contingent liabilities including bank guarantees to Kotak Mahindra Bank Ltd. and Axis Bank Ltd., with an amount of 1,299.70 lakhs as of March 31, 2025.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company holds 60% of Peaton's equity and proposes transactions up to ₹7,500 crore, which may exceed the materiality threshold of ₹7,500 crore, requiring shareholder approval under SEBI regulations.
Earlier (1-3 years ago)
Directors of Power and Instrumentation (Gujarat) Limited are also directors of Peaton Electrical Company Limited, and the directors hold significant equity shares in Peaton Electrical Company Limited. The related party transactions involve goods, components, spares, reimbursements of expenses, and services with an estimated value of Rs. 30 crore for the financial year 2025-26.
Statutory dues in dispute
2 occurrencesRecent (last 12 months)
The company has outstanding statutory dues, including TDS u/s 194C of ₹3,58,670 and income tax disputes with amounts outstanding of ₹2,77,013, ₹9,68,828, ₹8,78,096, and GST and sales tax disputes totaling ₹5,51,49,553, ₹9,15,140, and ₹13,02,063 respectively.
Earlier (1-3 years ago)
The company has outstanding statutory dues related to income tax, GST, and sales tax, with amounts totaling over 62 million rupees, pending disputes in various forums.
Management & Board Governance
1 occurrenceEarlier (1-3 years ago)
Directors Sumeet Dileep Agnihotri, Padmaraj Padmnabhan Pillai, Padmavati Padmanabhan Pillai, Kavita Padmaraj Pillai, Manav Rastogi, Rucha Balmukund Daga, and Amit Rameshbhai Uttamchandani were debarred or disqualified from being appointed or continuing as Directors by SEBI, MCA, or other statutory authorities as of 31 March 2025.