Power & Instrumentation (Gujarat) Ltd (PIGL) — shareholding pattern, promoter holding, financials and share price
About Power & Instrumentation (Gujarat) Ltd (PIGL)
Power & Instrumentation (Gujarat) Ltd operates in the Other Electrical Equipment industry, within the Capital Goods sector. It trades on the NSE as PIGL and on the BSE under scrip code 543912. Its ISIN is INE557Z01018.
Incorporated in 1975, Power & Instrumentation (Gujarat) Ltd is in the business of Electrical Contract Work and deals in electrical equipment [1]
Power & Instrumentation (Gujarat) Limited is an electrical EPC contractor founded in 1975 that provides end‑to‑end engineering, procurement and construction services across transmission, distribution and infrastructure segments, and has expanded into manufacturing electrical panels, busducts (branded Phibar) via its subsidiary Peaton/PECL.
The company reported strong topline momentum: Q3 FY26 consolidated revenue of ₹48.89 crore (up 43% YoY) and 9M FY26 revenue of ₹161.35 crore (up 39% YoY), driven by new large RDSS and airport contracts and a disclosed order book of ~₹450 crore that gives multi‑quarter revenue visibility.
Listed peers in Other Electrical Equipment: Geekay Wires Ltd, Artificial Electronics Intelligent Material Ltd, Goldstar Power Ltd, Nitiraj Engineers Ltd, Lakshmi Electrical Control Systems Ltd, Jainik Power Cables Ltd.
Valuation & Returns
10 Jul 2026At ₹114.85 a share on 10 Jul 2026, Power & Instrumentation (Gujarat) Ltd (PIGL) was valued at a price-to-earnings ratio of 16.41x against an industry P/E of 52.37x and a price-to-book of 2.2x on a book value of ₹52.23 per share as of Mar 2025. Solomo computes return on equity of 13.4% and return on capital employed of 18.5% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 16.41x
- Industry P/E
- 52.37x
- P/B
- 2.2x
- EPS (TTM)
- ₹7
- Book value / share
- ₹52.23
- ROE
- 13.4%
- ROCE
- 18.5%
- ROA
- 8.54%
- Debt / equity
- 0.17x
- Dividend yield
- 0.17%
- EBITDA margin
- 11.16%
- 52-week range
- ₹88.05 – ₹189.7
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Power & Instrumentation (Gujarat) Ltd (PIGL) reported revenue of ₹219 crore, net profit of ₹15 crore and earnings per share of ₹6.81. That compares with revenue of ₹169 crore and net profit of ₹12 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹58.53 crore and net profit ₹3.93 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 91 | 94 | 97 | 169 | 219 |
| Net profit (₹ cr) | 3 | 4 | 6 | 12 | 15 |
| EPS (₹) | 3.36 | 2.86 | 4.67 | 6.73 | 6.81 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 13.66% | 22.75% | 73.19% |
| Profit growth | 31.38% | 59.79% | 99.49% |
| Stock price CAGR | 17% | 40% | -10% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 50.69% of Power & Instrumentation (Gujarat) Ltd (PIGL) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0% and domestic institutional investors (DII) hold 0.82%. Market capitalisation was ₹243 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2018.
Largest disclosed public shareholders in Jun 2026: KASHEE INNOVATION 1.89%, SUMITKUMAR RAMESH GUPTA 1.39%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 50.69% | - | 0% | 0.82% | 49.31% |
| Mar 2026 | 50.69% | - | 0.01% | 0.75% | 49.31% |
| Dec 2025 | 50.69% | - | 0% | 0.73% | 49.31% |
| Sep 2025 | 46.09% | - | - | - | 53.91% |
| Jun 2025 | 45.71% | - | - | 0.08% | 54.29% |
| Mar 2025 | 45.71% | - | - | - | 54.29% |
| Dec 2024 | 40.95% | - | - | - | 59.05% |
| Sep 2024 | 40.95% | - | - | - | 59.05% |