Power & Instrumentation (Gujarat) Ltd Bags Fresh ₹62.5 Million Work Order, Riding High on Record Growth

Unknown Apr 02, 2026 700 Views

Power & Instrumentation (Gujarat) Ltd (PIGL), a leading EPC solutions provider in the electrical contracting sector, has secured a new work order worth ₹62.5 million, adding to its robust order pipeline for FY26. This latest contract underscores the company’s growing reputation for deli...

New ₹62.5 Million Order Secured:

PIGL announced the receipt of a ₹62.5 million work order, further strengthening its order book for the coming year. The project involves design, supply, installation, testing, and commissioning of advanced electrical systems, with execution expected over the next six months.

Record Financial Performance:

For FY25, PIGL reported a total income of ₹1.71 billion, marking a 73% year-on-year growth, and nearly doubled its net profit, reflecting effective operational execution and efficiency. The company’s expansion into solar EPC and extra high voltage (EHV) projects has been a key driver of this stellar performance.

Strategic Expansion and Sector Leadership:

PIGL has recently won several large contracts, including airport electrification projects and high-voltage transmission assignments, positioning itself as a leader in complex, high-value infrastructure projects. Its entry into the 400kV segment and solar EPC space highlights its technical capability and ambition to capitalize on India’s energy transition.

Operational Excellence:

The company has consistently improved its debtor days and working capital cycle, while maintaining a strong return on capital employed (ROCE) of 29.3% and a five-year profit growth CAGR of 25.7%. PIGL’s focus on timely project delivery and customer satisfaction continues to drive repeat business and new wins.

Market Response:

PIGL’s stock has delivered multibagger returns over the past year, reflecting investor confidence in its growth trajectory, diversified order book, and sectoral tailwinds from India’s infrastructure and renewable energy push.

Insight

Power & Instrumentation (Gujarat) Ltd’s latest ₹62.5 million order win is a testament to its operational strength, sectoral leadership, and strategic expansion. With a record order book, strong financials, and a clear focus on high-growth segments like solar and EHV, PIGL is well-positioned to sustain its momentum and play a pivotal role in India’s infrastructure development.

Source: MarketScreener, Yahoo Finance, DSIJ, Screener

Stay Ahead – Explore Now! Univastu India Joint Venture Secures Land Development PPP Contract