HVDC and FACTS have emerged as critical technologies in enabling and accelerating renewable power generation across global markets. Based on key announced projects, global HVDC and FACTS market could scale at 15% CAGR to $100-120 billion over FY25-29E. Quality Power is strategically positioned to capture a share of the growth opportunities, given its proven presence in the HVDC (reactors, instrument transformers etc.) and FACTS (STATCOM, SVC, reactors) market.
NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Systematix Report
Quality Power Electrical Equipments Ltd. has positioned itself as a market leader in the key segments of the T&D equipment industry. Its products (such as reactors, STATCOM) cater to high voltage direct current, Flexible AC Transmission System, Instrument Transformer and other HV/MV/LV equipment markets, supporting voltage capabilities up to 765kV AC and 800kV DC.
Operating in a structurally attractive market characterized by high growth, supply shortages, and meaningful entry barriers, the company is well-placed for sustained, profitable scale-up.
In addition, its recent entry into the GIS segment (partnership with global GIS leader Hyosung) positions it well to scale in both domestic and export markets for GIS equipment.
Quality Power plans to organically expand capacity by 9x, 2x and 0.45x across its three facilities in India over next two years. Order book of Rs 7.75 billion (at Q1 FY26), comfort on demand runway, significant capacity expansion and margin accretion levers are expected to drive revenue by ~6x and PAT by ~4x over FY25-28E.
We initiate Buy with a target price of Rs 1,550, based on 30x FY28E EPS of Rs 51.8.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
RECOMMENDED FOR YOU
'Buy' Coal India Shares Maintains Motilal Oswal — Check Target Price
Sep 11, 2025
Fact Check: Did Donald Trump Say India Lost Fighter Jets In Pak Conflict? Here's The Truth
Sep 04, 2025
Amber Enterprises Gets PL Capital's 'Buy' Rating As It Initiates Coverage — Check Target Price
Aug 29, 2025
US Urged To Tackle Illicit Gold Boom Fueled By Soaring Price
Aug 21, 2025
POPULAR
