QPower's 17.62% margin beats Industrials median by 2.79 points
The consolidated quarter also included Rs 24.81 cr of other income against Rs 40.98 cr of operating profit.
Filed 09 Aug 2026, 12:30 IST · after market close · Quality Power Electrical Equipments Ltd (QPOWER)
Key takeaways
- QPower's 17.62% consolidated operating margin was 2.79 percentage points above the 14.83% median for 84 reported Industrials peers.
- Other income of Rs 24.81 cr was a material contributor to consolidated profit before tax of Rs 60.52 cr, so earnings need to be read alongside non-operating income.
- Consolidated net profit was Rs 46.72 cr after Rs 13.79 cr of tax, with EPS at Rs 4.66.
Price around the results
Operating margin stays ahead of Industrials peers
Quality Power Electrical Equipments reported consolidated revenue of Rs 232.66 cr and operating profit of Rs 40.98 cr for Q1FY27, translating to a 17.62% operating margin. That was 2.79 percentage points above the 14.83% median among 84 Industrials peers that had reported the same quarter.
Other income was a meaningful part of pre-tax profit
Other income of Rs 24.81 cr contributed materially to consolidated profit before tax of Rs 60.52 cr. Net profit came to Rs 46.72 cr after Rs 13.79 cr of tax and Rs 1.39 cr of interest, making the operating result and non-operating income important to assess separately.
The after-close filing leaves the market reaction open
The consolidated results were filed at 12:30 IST on 09 Aug 2026, after market close. The stock's response will therefore be assessed in the next trading session rather than in this filing-day result read.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹233 cr |
| Other income | ₹25 cr |
| Expenses | ₹192 cr |
| Operating profit | ₹41 cr |
| Operating margin (%) | 17.62% |
| Interest | ₹1 cr |
| Depreciation | ₹4 cr |
| Profit before tax | ₹61 cr |
| Tax | ₹14 cr |
| Net profit | ₹47 cr |
| EPS (₹) | ₹4.66 |
Operating margin of 17.62% compares with a Industrials sector median of 14.83% across 84 peers that have reported Q1FY27.
What to watch
- Whether operating margin remains above 17.62%.
- The relationship between other income of Rs 24.81 cr and operating profit of Rs 40.98 cr.
- Whether the 22.79% tax rate and Rs 4.66 EPS remain broadly consistent in the next reported quarter.