QPQuality Power Electrical Equipments544367Power equipment manufacturing

Quality Power reported strong Q2 and H1 growth of around 30-32%, with improved margins and other income, and management discussed guidance and capacity expansion

By ScoutQuest · Tue 3 Nov 2026, 11:59 AM IST · 1 min read

H1 growth

30-32 percent

Q2 EBITDA margin

23-24 percent

EBITDA margin guidance

20 percent

Sangli capacity ramp-up

nine times current capacity

Heard on business television between 12:02:56 - 12:05:56 IST.

• Quality Power reported a strong Q2, with H1 growth of around 30-32%.
• Margins improved versus last year, particularly in Q2, with EBITDA margin at 23-24% against a guidance of 20%.
• Management said it may revisit guidance at the end of Q3 once earnings from two new factories (Sangli and Turkey) and the WS insulators consolidation (expected Q4) stabilize.
• Management said Sangli coil factory capacity ramp-up is almost nine times current capacity, with margin improvement expected over the next four to six quarters after reverse integration into HVDC/CCTC cable manufacturing.
• Management flagged small margin dips in near term due to added people and fixed assets, and regulatory audits needed before scaling.

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