Power & Instrumentation (Gujarat) logo

Power & Instrumentation (Gujarat) share price

NSE: PIGLBSE: 543912Electrical EquipmentSmall Cap

Last close ₹88.64down ₹1.67 (1.85%)BSE ₹88.57

Share price at the NSE close on 23 Oct 2026. Previous close ₹90.31.

52-week range of traded prices to 23 Oct 2026
₹88.00Low, 23 Oct 2026₹171.25High, 23 Oct 2025
Market cap
₹188 Cr2,401st largest listed
P/E
12.7
P/B
1.2
Dividend yield
Nonein the last 12 months
ROE
11.2%
ROCE
12.8%
Debt to equity
0.08
Volume, NSE
35,51253.9% delivered

Share price

Daily closes since Apr 2018, adjusted for splits and bonuses

−45.7%over a year

Results20-session average 44,896 shares a day, 65.4% delivered

Results

Standalone, as consolidated accounts are on record for only 4 of the last ten years; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 14 Aug

Revenue
₹41 Crdown 12.10%
Net profit
₹2.66 Crdown 13.41%
Net margin
6.5%

Revenue by year

Peak revenue ₹200 Cr, year to Mar 2026

Net profit by year, a loss in red

₹ croreSep 2024Filed 12 NovDec 2024Filed 14 FebMar 2025Filed 16 JunJun 2025Filed 12 AugSep 2025Filed 14 NovDec 2025Filed 13 FebMar 2026Filed 30 MayJun 2026Filed 14 Aug
Revenue54.933.455.141.367.944.646.340.7
Net profit3.92.93.12.64.53.33.12.7
Net margin7.1%8.6%5.6%6.3%6.7%7.4%6.6%6.5%
Standalone. The last eight quarters. The latest is shaded.

Business segments

In the year to Mar 2026 the company reports one business segment, Electrical Contracting, which carries all its revenue.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 13% of 943 trading days since Nov 2021.

LowestHighest
Its median19.7Industry median23.3
Price to book

At or below today's level on 3% of 550 trading days over the last 3 years.

LowestHighest
Its median2.0Industry median3.2
EV to EBITDA8.2

At or below today's level on 0.2% of 550 trading days over the last 3 years.

LowestHighest
Its median14.7Industry median16.1
Dividend yield

At or below today's level on 31% of 1,074 trading days since Nov 2021.

LowestHighest
Its median0.13%Industry median0.26%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−43.0%−5.5%−39.7%0.0%
3 years+17.7%+29.9%−9.5%0.1%
5 years+19.6%––0.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1 and 3 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth and the change in P/E over 5 years are left empty: the earnings per share stated for one end does not match that year's profit and share count, and no share count is on record to work it out.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters50.69%
  • Foreign institutions0.01%
  • Indian institutions1.13%
  • Individuals and others48.17%
Holder
PADMARAJ PADMNABHAN PILLAIPromoter15.40%
PADMAVIR HOSPITALITY LLPPromoter8.03%
PADMAVATI PADMANABHAN PILLAIPromoter7.99%
POWER INFRA CONS PRIVATE LIMITEDPromoter7.79%
KAVITA PADMARAJ PILLAIPromoter5.50%
PADMARAJ P PILLAI HUFPromoter3.78%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names.

The filing reports 49,06,000 of its 2,11,68,900 shares locked in.

Peers and competitors

Other Electrical Equipment, 84 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Power & Instrumentation (Gujarat) in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Kaycee Industries logoKaycee IndustriesKAYCEEI22855.06.929.0––13.2%19.1%0.28%
Citizen Solar logoCitizen SolarCITIZEN213–––+4,018.4%–––0.00%
RMC Switchgears logoRMC SwitchgearsRMC212–––––––0.00%
Nitiraj Engineers logoNitiraj EngineersNITIRAJ20183.32.435.9−33.9%−60.9%2.9%2.3%0.00%
Lakshmi Electrical Control Systems logoLakshmi Electrical Control SystemsLAKSELEC187164.50.7211.5+17.7%−64.7%0.4%−1.0%0.39%
Himalayan SolarHIMALAYAN185–––––––0.00%
Sahaj Solar logoSahaj SolarSAHAJSOLAR1705.71.2–+27.1%+7.4%24.0%–0.00%
Eppeltone Engineers logoEppeltone EngineersEEPL16213.11.8–––13.6%–0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹0.20 a share, years to Mar 2023, Mar 2024 and Mar 2025.
Ex-dateTypePer share
19 Sep 2025Final₹0.20
23 Sep 2024Final₹0.20
22 Sep 2023Final₹0.20
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Power & Instrumentation (Gujarat) share price by year

Each calendar year to 2025.Power & Instrumentation (Gujarat) share price history

YearClose at year endChangeHighest closeLowest close
2025126.25−62.1%416.95112.36
2024333.20+537.1%343.2054.45
202352.30−8.0%89.0536.95
202256.85+11.5%67.4038.30
202151.00+355.4%84.6011.75
202011.20+45.5%11.208.05
20197.70−33.6%21.007.70
201811.60–34.9011.60
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2018 is from its first session, 23 Apr 2018. The 2019 close is its last trade, on 9 Oct 2019.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 202694.2994.2988.0088.6488.9535,51253.9%
22 Oct 202694.5195.1890.0090.3192.8226,26857.8%
21 Oct 202698.0099.4594.2595.1196.1857,61267.7%
19 Oct 202694.0598.2093.2097.3596.5048,76579.1%
16 Oct 202692.3095.0091.2594.5293.5154,31169.3%
15 Oct 202692.0494.4391.1591.8391.7113,59365.0%
14 Oct 202695.0095.0091.0092.1192.2846,74566.8%
13 Oct 202694.9795.0090.9093.3992.9225,36060.0%
12 Oct 202696.9596.9594.0094.3894.8811,96177.2%
9 Oct 202696.1996.2293.0094.1594.1831,25158.3%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
1 Oct 2018Price move–This is the share's first trade after a corporate action (ANNUAL GENERAL MEETING, ex-date 19 Sep 2018), and the action's terms do not account for the move. Not adjusted for.
Each event is noted and not adjusted for.

Company details

Legal name
Power & Instrumentation (Gujarat) Limited
NSE symbol
PIGL
BSE code
543912
ISIN
INE557Z01018
Industry
Electrical Equipment
Listed
Apr 2018 on NSE, May 2023 on BSE
Face value
₹10
CIN
L32201GJ1983PLC006456
Corporate identity number, the registrar of companies' code for it