Power & Instrumentation (Gujarat) Limited Stock Price Today (NSE: PIGL)

Power & Instrumentation (Gujarat) Limited

98.350.43 (0.44%)
Market Closed

Fundamental Score

...

Power & Instrumentation (Gujarat) Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Power & Instrumentation (Gujarat) Limited share price today is 98.35, down 0.44% on NSE/BSE as of 7 September 2026. Power & Instrumentation (Gujarat) Limited (PIGL) is a Large-cap company in the Other Electrical Equipment sector with a market capitalisation of 20.82L (Cr). The 52-week high for PIGL share price is 189.70 and the 52-week low is 88.05. At a P/E ratio of 13.58x, PIGL is currently trading below its industry average P/E of 31.11x. The company has a Return on Equity (ROE) of 10.96% and a debt-to-equity ratio of 0.08.

Power & Instrumentation (Gujarat) Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
114.99
Low
98.35
Volume
80.4K
Change
-5.90%

Power & Instrumentation (Gujarat) Limited share price chart: -5.90% return over the past month. 52-week high ₹189.70, 52-week low ₹88.05.

Power & Instrumentation (Gujarat) Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
101.80101.8098.2098.7828.46K (Cr)
98.61104.0098.6199.8331.83K (Cr)
99.51103.8898.6199.2816.99K (Cr)
100.25102.0099.0099.6840.33K (Cr)
104.89104.89100.00100.1632.57K (Cr)
103.76103.79101.58102.1414.91K (Cr)
103.00106.00101.00101.8523.14K (Cr)
105.00105.00100.50101.4162.22K (Cr)
102.81106.74101.00102.6368.20K (Cr)
103.00105.09101.50102.4062.32K (Cr)

Power & Instrumentation (Gujarat) Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
100.25104.0098.2098.78-1.47%
104.32114.99100.00100.16-3.99%
114.47121.97100.60104.32-8.87%
108.19119.0088.05113.82+5.20%
111.51124.0298.27108.30-2.88%
101.99126.70100.81111.49+9.31%
103.00109.8393.0097.40-5.44%
104.64137.3599.00103.98-0.63%
126.25129.5597.85108.30-14.22%
152.00155.47121.00126.25-16.94%
154.83165.11139.00151.85-1.92%
174.98184.80150.20154.83-11.52%

AI Research Briefing

Powered by Gemini · 2026-04-10

Illiquid microcap riding the rural electrification gravy train, but watch for execution risks.

Research Confidence
6.0/10Moderate
GOVT CAPEX DARK HORSE1M: -5.28%, 3M: -9.68%, 6M: -7.62% indicates a downtrend.P/E of 19.63x vs Industry P/E of 33.84x suggests it's fairly valued.

WHAT'S HAPPENING NOW (last 2-4 weeks)

PIGL secured a Cr order from Ajmer Vidyut Vitran Nigam for tribal village electrification. The company also acquired an additional 8.94% stake in Peaton Electrical Company for million. Ms. Daisy Mehta was appointed Company Secretary & Compliance Officer.

CORE STORY (THE REAL GAME)

PIGL is riding India's rural electrification and power infrastructure upgrade wave. Not a simple electrical equipment supplier, but a play on government capex and rural demand.

Why Now
  • ₹11.72 Cr order win
  • Peaton stake increase
  • Q3 revenue growth of 43.18%
Potential Catalysts
  • Major order wins from state electricity boards
  • Successful launch and adoption of 'Phibar' busduct
  • Improvement in free cash flow
Key Risks
  • Microcap illiquidity
  • Negative free cash flow
  • Dependence on government projects
Institutional Activity

Promoter increased stake by 0.19%, a mildly positive sign. DII decreased stake by 0.08%.

Macro Context

Government focus on infrastructure and rural electrification is a tailwind.

Order Book / Expansion

Order book aggregates to approximately ₹450 Crore.

Cash Flow Quality

Negative. Free Cash Flow 5Y: ₹-34.94 Cr.

3–6 Month Outlook

Next 3-6 months depend on order execution and 'Phibar' launch. Key is converting revenue to cash.

Primary Thesis Risk

Reliance on government spending makes it vulnerable to policy changes and payment delays.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

10.96%

Profit generated per ₹1 of shareholder equity

Average

Return on Capital (ROCE)

16.07%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

9.64%

Average operating profit margin over 5 years

Dividend Yield

0.17%

Annual dividend as % of current share price

Power & Instrumentation (Gujarat) Limited Valuation Check

Excellent

Price to Earnings (P/E)

13.58x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

31.11x

Average P/E of all peers in this sector

Market-cap Classification
Large-cap
Established & liquid; typically steadier returns.

Shareholding Pattern

Excellent

Promoter Holding

46.28%

% shares held by company founders/management

Poor

FII Holding

0.01%

% shares held by foreign institutional investors

Poor

DII Holding

0.75%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

29.51%

Net profit growth vs same quarter last year

Good

Revenue Growth (Quarterly YoY)

18.38%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.08x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

5.18x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-39.97 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Power & Instrumentation (Gujarat) Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of PIGL across key market metrics for learning purposes.

Positive Indicators

8 factors identified

Excellent ROCE Performance (16.07%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Attractive Valuation (P/E: 13.58 vs Industry: 31.11)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (29.51%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (18.38%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Conservative Debt Levels (D/E: 0.08)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (5.18x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Healthy Liquidity Position (Current Ratio: 2.44)

Observation: Strong short-term liquidity to meet obligations.

Analysis: Current ratio >1.5 indicates good working capital management.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

3 factors identified

High Price-to-Book Ratio (13640.06x)

Observation: Trading at significant premium to book value.

Analysis: High P/B ratios may indicate overvaluation relative to asset base.

Negative Free Cash Flow (₹-39.97 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 0.76%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

Power & Instrumentation (Gujarat) Limited vs Other Electrical Equipment Peers

Peer Comparison - Other Electrical Equipment

Compare Power & Instrumentation (Gujarat) Limited with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
39.7/100
98
₹2.08M
13.6
Average
10.96%
Average
16.07%
Good
0.1
Excellent
0.17%
80.1/100
2655
₹80922.04
29.3
Average
30.89%
Excellent
37.59%
Excellent
0.2
Excellent
0.07%
67.8/100
17001
₹56877.95
98.8
Average
19.74%
Good
32.02%
Excellent
0.2
Excellent
43.51%
Excellent
29.09%
Excellent
0.36%
66.9/100
1036
₹49548.50
29.8
Average
42.35%
Excellent
36.34%
Excellent
0.8
Good
0.09%
55.2/100
339
₹11928.48
100.2
Average
12.41%
Average
-4.2
Excellent
0.00%
62.5/100
2112
₹11217.90
84.0
Average
16.94%
Good
23.43%
Excellent
0.3
Excellent
0.00%
88.1/100
871
₹10380.32
29.5
Average
0.00%
Poor
84.13%
Excellent
0.1
Excellent
0.10%
57.5/100
335
₹9600.36
0.00%
Poor
31.04%
Excellent
1.0
Average
50.83%
Excellent
0.78%
69.1/100
170
₹7023.51
33.7
Average
0.0
Excellent
0.00%
65.8/100
3920
₹5139.53
0.0
Excellent
0.28%
52.4/100
80
₹4263.06
13.6
Average
66.69%
Excellent
62.23%
Excellent
0.2
Excellent
34.90%
Excellent
46.86%
Excellent
0.00%

Power & Instrumentation (Gujarat) Limited PE Ratio History

Historical price-to-earnings ratio for PIGL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 20244.70₹333.2070.9x
FY 20233.33₹52.3015.7x
FY 20223.37₹54.1516.1x
FY 20214.91₹51.0010.4x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Power & Instrumentation (Gujarat) Limited Dividend History

Annual cash dividends paid by PIGL — dividend yield 0.17%

Financial YearDividends Paid (₹ Cr)
FY 20250.25 Cr

Cash dividends from annual cash flow statements. Past dividends do not guarantee future payments. Not investment advice.

Power & Instrumentation (Gujarat) Limited Quarterly Performance

Latest quarterly metrics for PIGL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

18.38%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

29.51%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Power & Instrumentation (Gujarat) Limited Technical Indicators

SMA 50, SMA 200, RSI and volume signals for PIGL — calculated from daily price history

46RSI 14
Neutral — RSI 46

Momentum is balanced — neither overbought nor oversold.

SMA 50
109
▼ Price below SMA 50 — Short-term bearish
SMA 200
118
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
90K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Power & Instrumentation (Gujarat) Limited Financial Statements

Annual income statement, balance sheet and cash flow for Power & Instrumentation (Gujarat) Limited (PIGL) — sourced from NSE/BSE filings.

Financial Results & Statements

Latest quarterly, annual and period-wise financial data for Power & Instrumentation (Gujarat) Limited

Loading latest quarterly results...

About PIGL (Power & Instrumentation (Gujarat) Limited)

Power & Instrumentation Gujarat Ltd is a multifaceted engineering entity deeply rooted in India's burgeoning electrical infrastructure sector. Specializing in a comprehensive suite... of services, PIGL goes beyond simple electrical contracting. The company focuses on providing intricate, client-centric solutions that integrate power distribution and instrumentation, from conception to execution. Core offerings include turnkey electrical projects for industrial and commercial establishments, with a strong emphasis on precision engineering and efficient implementation. PIGL offers installation of complex electrical systems, encompassing high and low voltage distribution networks, meticulously designed control panels, and sophisticated automation solutions tailored to optimize operational effectiveness and resource allocation. PIGL's expertise extends to a diverse range of electrical equipment crucial for maintaining consistent power delivery and operational resilience. Beyond standard electrical components, the company excels in energy efficient technologies, promoting sustainability alongside practical application. This involves providing state-of-the-art transformers optimized for minimal energy loss, as well as advanced generators capable of delivering dependable backup power. Their services encompass not just installation, but also rigorous testing, routine maintenance, and swift repair services, ensuring that critical systems continue to function at peak performance and reduce any potential downtimes. With a commitment to safety and quality, PIGL adheres to stringent industry standards in all facets of its operations. The organization's team of highly skilled engineers and technicians ensure that projects are executed with meticulous accuracy and attention to detail. By combining technical prowess with a customer-centric approach, Power & Instrumentation Gujarat Ltd strives to be a reliable partner for industries seeking innovative and sustainable electrical solutions, empowering growth and efficiency. This dedication solidifies PIGL as a prominent player in the Indian electrical equipment landscape.

Company Details

Symbol:PIGL
Industry:Other Electrical Equipment
Sector:Other Electrical Equipment

Key Leadership

Mr. Padmaraj Padmanabhan Pillai
MD & Executive Director
Ms. Padmavati Padmanabhan Pillai
Executive Director
Mr. Rohit Maheshwari
Chief Financial Officer

Corporate Events

Recent
Ex-Dividend Date

PIGL Share Price: Frequently Asked Questions

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

Power & Instrumentation (Gujarat) Limited (PIGL) trades at ₹98.35 on NSE and BSE. Market cap ₹20.82L (Cr). Educational data only.

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

Power & Instrumentation (Gujarat) Limited has a P/E of 13.58x vs industry average 31.11x.

What is the Bull Run score for Power & Instrumentation (Gujarat) Limited?

Power & Instrumentation (Gujarat) Limited has a Bull Run score of 39.7/100 based on 25+ financial parameters.

Does Power & Instrumentation (Gujarat) Limited pay dividends?

Power & Instrumentation (Gujarat) Limited has a dividend yield of 0.17%. Past dividends don't guarantee future payments.

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

Power & Instrumentation (Gujarat) Limited has ROE of 10.96%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Power & Instrumentation (Gujarat) Limited?

Power & Instrumentation (Gujarat) Limited has debt-to-equity of 0.08.

Is Power & Instrumentation (Gujarat) Limited a good investment?

Bull Run gives Power & Instrumentation (Gujarat) Limited a score of 39.7/100. This is not investment advice — consult a SEBI-registered advisor.