Power & Instrumentation (Gujarat) Limited

NSE: PIGL · Unclassified

₹91.54-2.15%06 Nov 2026

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Instant answers about Power & Instrumentation (Gujarat) Limited — computed from its filings, no language model

Market cap₹184 cr

Current price₹91.54

High / Low₹158 / ₹89

P/E28.2

P/B1.20

Book value₹76.1

ROE4.3%

ROCE15.0%

Debt / equity0.08

Dividend yield0.20%

EPS (TTM)₹3.25

Face value₹10

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

	FY23	FY24	FY26
Revenue	94.3	100.6	218.8
EBITDA	7.5	11.0	23.0
Operating margin	8.0%	10.9%	10.5%
Interest	3.4	4.4	4.6
Depreciation	0.3	0.2	0.6
Profit before tax	4.9	7.7	19.2
Tax	1.3	1.8	4.0
Net profit	0.0	0.0	14.4
EPS ₹	2.81	4.70	4.54
Operating cash flow	1.3	8.5	-5.0
Capex	0.0	0.1	1.1
Dividend paid	0.0	0.0	0.4
Total assets	106.7	107.5	234.3
Equity	45.3	51.2	152.6

Quarterly performance

last 13 quarters · ₹ crore

showing latest 8 of 13 periods

	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26
Revenue	44.7	21.9	24.3	15.1	39.2	25.5	54.9	33.4	41.3	70.3	48.7	58.5	48.9
Operating profit	1.4	2.5	2.7	1.8	3.9	3.1	5.2	3.7	4.0	6.6	5.9	6.4	5.0
Operating margin	3.0%	11.6%	11.1%	12.0%	9.9%	12.2%	9.5%	11.1%	9.8%	9.4%	12.2%	11.0%	10.3%
Other income	0.8	0.1	0.2	0.4	0.7	0.5	0.8	0.8	0.2	0.6	0.2	0.4	0.4
Interest	0.5	1.3	1.0	1.0	1.1	1.1	0.8	0.6	0.7	0.8	1.4	1.7	1.3
Depreciation	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.2	0.3	0.3
Profit before tax	1.6	1.3	1.8	1.2	3.4	2.5	5.2	3.9	3.5	6.3	4.5	4.9	3.9
Tax	0.3	0.3	0.5	0.3	0.7	0.6	1.3	1.0	0.9	1.6	1.0	0.6	0.8
Net profit	0.0	1.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	3.6	2.9
EPS ₹	0.97	0.81	1.09	0.65	2.15	1.48	2.69	1.94	1.50	2.66	1.82	1.32	1.44
Revenue YoY	—	—	—	—	-12.2%	16.0%	125.8%	120.6%	62.2%	27.9%	45.8%	—	18.4%
Profit YoY	—	—	—	—	—	-100.0%	—	—	—	—	—	—	—

Returns & margins

trailing-twelve-month, per quarter

	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '26	JUN '26
ROE	2.1%	2.0%	0.0%	0.0%	0.0%	2.4%	4.3%
ROCE	12.1%	18.5%	20.0%	14.3%	16.4%	14.4%	15.0%
Net margin	0.9%	1.0%	0.0%	0.0%	0.0%	1.7%	2.9%
EBITDA margin	7.9%	10.9%	11.1%	10.4%	10.4%	10.5%	10.6%
Debt / equity	0.69	0.28	0.28	0.18	0.18	0.08	0.08
Interest coverage	2.56	2.75	3.11	4.07	5.18	5.18	4.82
Asset turnover	1.00	0.94	0.97	0.89	1.01	0.93	0.97

Balance sheet

equity vs borrowings over time · ₹ crore

	MAR '23	SEP '23	MAR '24	SEP '24	SEP '25	MAR '26
Share capital	12.6	12.6	12.6	16.1	17.8	21.2
Other equity / reserves	32.7	34.8	38.6	80.2	107.1	131.5
Total equity	45.3	47.4	51.2	96.3	124.9	152.6
Borrowings	31.5	32.6	14.3	16.9	29.8	12.7
Current liabilities	56.5	54.6	51.3	50.1	75.3	53.0
Non-current liabilities	4.9	4.6	5.0	5.6	11.3	13.9
Total assets	106.7	106.6	107.5	152.0	228.7	234.3
Property, plant & equipment	0.9	0.8	0.7	0.7	12.0	12.6
Capital work-in-progress	0.5	0.5	0.6	0.6	2.4	1.9
Investments	0.4	32.4	0.3	0.3	17.2	0.2
Inventories	34.6	35.6	40.8	44.1	71.1	83.8
Receivables	38.4	0.0	30.7	34.2	56.9	41.8
Cash & equivalents	0.2	0.8	0.4	0.7	1.2	3.8

Cash flow

annual · ₹ crore · line = free cash flow

	FY23	FY24	FY26
Cash from operations	1.3	8.5	-5.0
Cash from investing	-4.8	-0.2	-13.7
Cash from financing	3.7	-8.2	21.8
Capex	0.0	0.1	1.1
Free cash flow	1.3	8.4	-6.1
Dividends paid	0.0	0.0	0.4

Where the assets sit

Mar '26 · ₹ crore

Fixed assets (PPE)

₹12.6 cr5%

CWIP

₹1.9 cr1%

Investments

₹0.2 cr0%

Inventories

₹83.8 cr36%

Receivables

₹41.8 cr18%

Cash & equivalents

₹3.8 cr2%

Other assets

₹90.3 cr39%

Peer comparison

largest in Unclassified · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Avantel Limited	36,86,04,549	138.69	—	1059360.68	0.0%
Ducol Organics And Colours Limited	19,55,275	120.00	—	20089.13	0.0%
Jio Platforms Limited	12,57,181	1,406.40	—	3.57	—
SBI Funds Management Limited	1,01,750	499.55	—	—	—
Tamilnadu Telecommunication Limited	91,314	9.93	—	—	—
Manipal Health Enterprises Limited	76,294	646.70	—	—	—
INDO-MIM Limited	59,042	1,219.50	—	—	—
AvenuesAI Limited	45,138	129.25	153.6	9.51	6.2%
Dhoot Transmission Limited	32,761	1,601.60	—	8.11	—
3M India Limited	31,071	27,570.00	53.8	17.57	32.7%
Power & Instrumentation (Gujarat) Limited	184	91.54	28.2	1.20	4.3%

StoxGud checklist: Bearish setup · 3/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month-5.7%

6 months-21.4%

1 year-39.8%

3Y CAGR+32.0%

5Y CAGR+11.3%

10Y CAGR—

50-day avg₹96.80

200-day avg₹105.87

RSI (14)45

FAQs

What is the share price of Power & Instrumentation (Gujarat) Limited?

Power & Instrumentation (Gujarat) Limited (PIGL) closed at ₹91.54 on NSE on 06 Nov 2026.

What is the market cap of Power & Instrumentation (Gujarat) Limited?

₹184 crore at the latest close.

What is the P/E ratio of Power & Instrumentation (Gujarat) Limited?

28.2, on trailing-twelve-month earnings from its filings.

How fast is Power & Instrumentation (Gujarat) Limited growing?

Power & Instrumentation (Gujarat) Limited: Latest-quarter revenue is up 18.4% year on year.

How profitable is Power & Instrumentation (Gujarat) Limited?

On a trailing-twelve-month basis return on equity is 4.3%, return on capital employed 15.0%, operating margin 10.6%, net margin 2.9%.

How much debt does Power & Instrumentation (Gujarat) Limited have?

Power & Instrumentation (Gujarat) Limited is lightly geared: debt to equity is 0.08 with borrowings of ₹13 cr against cash of ₹4 cr (balance sheet of 2026-03-31). Operating profit covers interest 4.8 times.

Financials parsed from Power & Instrumentation (Gujarat) Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from MAR '23, annual from FY23, balance sheet from Mar '23. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.