Power & Instrumentation (Gujarat) Ltd., a prominent player in electrical and instrumentation engineering services, has received two major work orders cumulatively valued at ₹1.41 billion. The contracts, awarded by reputed clients in the infrastructure and public utilities space, mark a significant milestone in the company’s ongoing expansion across turnkey electrical and instrumentation projects.
The orders reflect the company’s growing reputation for delivering high-quality, end-to-end solutions in power distribution, automation, and control systems across airports, hospitals, and industrial facilities.
Key Highlights From the Contract Wins
- The company received two separate work orders valued at ₹705.4 million and ₹705.5 million respectively
- Projects include design, supply, installation, testing, and commissioning of electrical systems
- Execution timelines range from 6 to 12 months depending on project scope and client requirements
- Both orders include provisions for post-installation support and system integration
Scope and Strategic Importance of the Projects
1. Electrical Infrastructure Development
- The contracts involve turnkey execution of high-voltage and low-voltage electrical systems
- Scope includes transformer installation, switchgear configuration, and cabling networks
- Projects are aligned with national infrastructure goals, including smart city and airport modernization initiatives
2. Instrumentation and Automation
- Advanced instrumentation systems will be deployed for real-time monitoring and control
- Integration with SCADA and PLC platforms will enhance operational efficiency
- The company will also provide training and documentation for client-side teams
3. Client Profile and Sectoral Impact
- The orders were placed by government-backed agencies and large EPC contractors
- End-use sectors include aviation, public utilities, and industrial automation
- The projects are expected to generate long-term service and maintenance revenue streams
Operational Readiness and Execution Strategy
- Power & Instrumentation has mobilized engineering teams across its Ahmedabad and Mumbai offices
- Procurement of key components such as switchboards, control panels, and transformers is underway
- The company will leverage its existing vendor base to ensure timely delivery and quality compliance
- Project management tools and digital dashboards will be used to track progress and mitigate delays
Financial Implications and Order Book Strength
- The twin orders will contribute significantly to FY26 topline, with phased revenue recognition
- Gross margins are expected to remain stable due to in-house engineering and design capabilities
- The company’s order book now exceeds ₹3.2 billion, providing strong visibility for the next four quarters
- No additional debt is expected to be raised for execution, preserving balance sheet strength
Market Position and Growth Outlook
- Power & Instrumentation continues to expand its footprint in high-value infrastructure projects
- The company has delivered consistent performance across airports, metro stations, and industrial parks
- Recent fundraise of ₹714.8 million is being deployed for capacity expansion and strategic acquisitions
- The firm is exploring opportunities in renewable energy integration and smart grid solutions
Investor Sentiment and Stock Performance
- The stock has shown steady momentum, trading at ₹134 with a 52-week high of ₹141.4
- Analysts expect upward revisions in FY26 earnings estimates following the contract wins
- The company maintains a low debt-to-equity ratio of 0.28 and a current ratio of 1.67
- Dividend payout for the current year stands at ₹0.2 per share
Future Outlook
With these back-to-back work orders, Power & Instrumentation (Gujarat) Ltd. is poised to strengthen its position in India’s evolving infrastructure landscape. The company’s focus on turnkey execution, technical excellence, and client-centric delivery continues to drive growth and investor confidence.
As demand for integrated electrical and instrumentation solutions rises across sectors, Power & Instrumentation is expected to play a pivotal role in shaping next-generation infrastructure projects.
Sources: MarketScreener, StockInsights.ai, Zerodha
