The company’s margins witnessed a sharp contraction in the fourth quarter due to a one-time labour cost and consolidation of lower margin subsidiaries. Its EBITDA margin contracted to 10.5% from 14.84% in the year-ago period.
Its revenue was higher, given that included inorganic growth. The company reported a revenue of ₹280 crore, up 159.26% from the previous year’s ₹108 crore.
Its EBITDA was up 83.45% at ₹29.4 crore from ₹16.03 crore last year. The EBITDA and EBITDA margins are calculated excluding other income. The other expense in the fourth quarter included the Turkey subsidiary’s loss of ₹26 crore.
The management highlighted delay in the Sangli plant due to geopolitical tension.
In the financial year 2026, the company’s PAT increased 85.5% to ₹185.5 crore from ₹100 crore last year. Its revenue was up 180.18% at ₹947 crore from ₹338 crore.
Meanwhile, its EBITDA increased 169.9% to ₹176.8 crore from ₹65.5 crore in FY25. The company’s EBITDA margin contracted to 18.67% from 19.38% in the year-ago period.
Quality Power told CNBC-TV18
that there is no change in guidance due to the West Asia war.
Its order book comprises over ₹1,300 crore, less than 10% from before the West Asia war, but it is long-term.
It is targeting another ₹1,000 crore order book increase in FY27.
The company said quarterly numbers could see some uptick due to elevated pricing at the moment. Most governments will renew focus on renewable energy and battery storage systems, it said.
Quality Power said its new project coming from Turkey is worth ₹290 crore. It said it is seeing more traction from the US and European markets.
The company said organic growth was 150% in FY26 and beat the margins across the board. It said it anticipates another $50 million order in BESS in FY27; it should managed to grow at over 20% in FY27. The company is expecting combined margins to be healthy with the India business at 25%, Nehru business at 15% in FY27, it said.
It added that stock piling is the way forward to meet the guidance and managing inventories. The company is also expecting a few orders in data center space in the first quarter itself.
Quality Power shares declined nearly 9.9% to hit an intraday low of ₹1,096.2 apiece on Thursday. However, it later recovered from its day’s lows and was trading 3% lower at ₹1,179.7 apiece at 11.50 am. It has gained 6.5% in the past month.
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