PIGL NSE filing

PIGL reports strong Q2 & H1 FY26 results, completes Peaton Electrical Company acquisition

The RealCase readHigh impact Positive

Power & Instrumentation (Gujarat) Limited reported strong Q2 and H1 FY26 standalone and consolidated financial results with significant revenue and profit growth. The company also completed the acquisition of Peaton Electrical Company Limited, making it a subsidiary.

Why it matters

The announcement has a high impact due to the strong financial performance, demonstrating significant growth in revenue and profitability for both standalone and consolidated results. The acquisition of Peaton Electrical Company Limited, making it a subsidiary, represents a major strategic expansion and will influence future financial reporting and market position.

The market read

The company reported substantial growth in both standalone and consolidated revenue and profit for the quarter and half-year ended September 30, 2025. Additionally, the strategic acquisition of a controlling stake in Peaton Electrical Company Limited is a positive development for future growth and market position.

Power & Instrumentation (Gujarat) Limited's Board of Directors met on November 14, 2025, from 5:45 P.M. to 7:15 P.M. to consider and approve the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2025. * Standalone Financial Highlights (Q2 FY26 vs Q2 FY25): * Revenue from operations increased to ₹6,786.64 lakhs from ₹5,492.55 lakhs. * Profit before tax rose to ₹606.26 lakhs from ₹520.05 lakhs. * Profit for the period was ₹452.13 lakhs compared to ₹389.18 lakhs. * Basic Earnings Per Share (EPS) was ₹2.55 against ₹2.69. * Standalone Financial Highlights (H1 FY26 vs H1 FY25): * Revenue from operations increased to ₹10,917.09 lakhs from ₹8,039.15 lakhs. * Profit before tax rose to ₹955.87 lakhs from ₹769.97 lakhs. * Profit for the period was ₹710.38 lakhs compared to ₹576.21 lakhs. * Basic Earnings Per Share (EPS) was ₹4.00 against ₹3.99. * Consolidated Financial Highlights (Q2 FY26 vs Q2 FY25): * Revenue from operations increased to ₹7,027.25 lakhs from ₹5,492.55 lakhs. * Profit before tax rose to ₹633.89 lakhs from ₹520.05 lakhs. * Profit for the period was ₹474.16 lakhs compared to ₹389.18 lakhs. * Basic Earnings Per Share (EPS) was ₹2.66 against ₹2.69. * Consolidated Financial Highlights (H1 FY26 vs H1 FY25): * Revenue from operations increased to ₹11,157.70 lakhs from ₹8,039.15 lakhs. * Profit before tax rose to ₹983.51 lakhs from ₹769.97 lakhs. * Profit for the period was ₹732.42 lakhs compared to ₹576.21 lakhs. * Basic Earnings Per Share (EPS) was ₹4.16 against ₹3.99. * Acquisition: During the quarter ended September 30, 2025, the company acquired an additional 35.82% equity stake in Peaton Electrical Company Limited (PECL) for a cash consideration of ₹12.54 crore. This increased its total holding from 15.24% to 51.06%, making PECL a subsidiary with effect from September 11, 2025. The consolidated financial results include PECL's performance from this acquisition date. * Auditor's Note: The statutory auditor noted an Emphasis of Matter regarding inventory valuation, which was certified solely by management due to its highly technical nature. The auditor's conclusion was not modified in respect of this matter.

Filing to action

What to do with a filing like this

Power & Instrumentation (Gujarat) Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.

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Primary source

A plain-language summary of a public exchange filing by Power & Instrumentation (Gujarat) Limited. Read the original for the full detail.

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