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Quality Power Electrical Equipments secures multiple HVDC reactor orders worth ₹34 croreShares of Quality Power Electrical Equipments Ltd ended at ₹868.15, down by ₹36.10, or 3.99%, on the BSE.By Jomy Jos Pullokaran  February 27, 2026, 7:35:39 PM IST (Published)2 Min ReadManufacturer of high-voltage electrical equipment, Quality Power Electrical Equipments Ltd, on Friday (February 27) said it has received multiple purchase orders for the supply of High Voltage Direct Current (HVDC) reactors.

The orders, awarded by a domestic entity under a non-disclosure agreement, have a gross value of approximately ₹34 crore, including taxes. The contracts are to be executed over a period of approximately 18 months.

The company confirmed that the promoter, promoter group, or group companies have no interest in the entity that awarded the orders, and the contracts do not fall under related party transactions.

Also Read: Quality Power bags ₹146 crore power equipment orders; expects FY revenue to cross ₹900 crore

This week, Quality Power Electrical Equipments said it expects revenue for the year to exceed its earlier guidance, supported by steady performance in its core power equipment business and improving margins “We would like to be conservative on the guidance… we should be expecting ₹900 crore plus for this year,” said Bharanidharan Pandyan, Joint Managing Director of the company, adding that margins are expected to remain above 22%.

Pandyan said margins improved at the Mehru acquisition, rising from around 5% to nearly 15–16% within nine months. However, rising metal prices such as copper and aluminium continue to influence cost structures. He added that the company’s high-voltage power equipment and power electronics segments remain key margin drivers, operating close to the 30% level, helping overall profitability stay above guidance levels.

On raw material trends, Pandyan said price volatility has largely stabilised. “The worst is behind us, especially on the metal side,” he said, indicating limited expectation of further cost shocks in the near term.

Quality Power’s upcoming manufacturing facility, which has a revenue potential of about ₹1,500 crore, is expected to begin trial production in June. The plant will undergo global audits and approvals before reaching full utilisation.

Also Read: Quality Power IPO: Should you subscribe to the ₹859 crore issue opening today?

Shares of Quality Power Electrical Equipments Ltd ended at ₹868.15, down by ₹36.10, or 3.99%, on the BSE.Continue Reading(Edited by : Jomy Jos Pullokaran)TagsQuality Power Electrical Equipmentsshare market today