QPOWER
Quality Power Electrical Equipments Limited
If management delivers what it guided
arithmetic on filed guidance and past valuations · not a price target
QPOWER
FY26 → FY27 · 1 year of guidance · ~0.7 years from today₹1,133 today
BEAR
₹460
-59%
60.9% a year · 18.2x exit
BASE
₹845
-25%
105.4% a year · 26.3x exit
BULL
₹1,446
+28%
143.2% a year · 38x exit
Where the market has priced it
14x72x today94x
- the guided figure reached earnings through a low-confidence bridge
- this company has too little filed history for a multiple band of its own, so the exit multiple is the median of 22 Electrical Products peers
- at 72x its FY26 earnings the stock already trades above the top of its own ten-year range (38x)
How these numbers are produced
| Earnings base | FY26 fiscal year EPS ₹15.67 (screener) |
|---|---|
| Guided growth | 105.4% a year, said on the call of 20-May-2026 · transcript |
| Read across as | operating: guided margin x own realised revenue CAGR — low confidence |
| Delivery calibration | 0.58x / 1x / 1.36x of what was guided — measured: 76 annual guided-vs-filed pairs + 77 near-complete quarterly years — NSE transcripts against the companies' own filings |
| Exit multiple | 18.25x / 26.27x / 38x, this company’s own p20 / median / p80 across 22 filed years |
| Filed-industry peers | median 26.27x across 22 peers — the cross-check, not the input |
| Arithmetic | base EPS × (1 + guided growth × delivery)1 × exit multiple |
Arithmetic on management’s own guidance and this company’s own past valuations. Not a price target, not a recommendation, and not a forecast of what the stock will do.
What management said
from NSE earnings-call filings · extracted, not interpreted
ebitda margin 23.5%margin 23.5%
I am pleased to confirm that we have closed the year at a consolidated revenue of INR 1,007 crores, a growth of nearly 157% YoY, with a full-year EBITDA margin of 23.5%, comfortably above the revised guidance.
Call 20-May-2026 · bridge confidence low · transcript PDF