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

Power & Instrumentation Gujarat Ltd

98.23+8.05 (+8.93%)
Market Closed

Fundamental Score

...

Power & Instrumentation Gujarat Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Power & Instrumentation Gujarat Ltd share price today is 98.23, up +8.93% on NSE/BSE as of 22 June 2026. Power & Instrumentation Gujarat Ltd (PIGL) is a Small-cap company in the Other Electrical Equipment sector with a market capitalisation of 261.33 (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 19.63x, PIGL is currently trading below its industry average P/E of 33.84x. The company has a Return on Equity (ROE) of 14.53% and a debt-to-equity ratio of 0.18.

Power & Instrumentation Gujarat Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
124.02
Low
98.23
Volume
54.1K
Change
-7.42%

Power & Instrumentation Gujarat Ltd share price chart: -7.42% return over the past month. 52-week high ₹189.70, 52-week low ₹88.05.

Power & Instrumentation Gujarat Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
91.7599.7590.7598.231.73L (Cr)
108.19108.1988.0590.185.10L (Cr)
107.99110.60106.15108.3070.23K (Cr)
107.49110.55106.00106.3343.19K (Cr)
107.98108.95103.53106.3889.14K (Cr)
103.99106.00101.83105.1859.36K (Cr)
101.16103.98101.16102.4430.38K (Cr)
102.05104.09100.00101.1167.50K (Cr)
104.11105.0098.27101.2951.34K (Cr)
106.36106.36102.00103.9736.47K (Cr)

Power & Instrumentation Gujarat Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
108.19108.1988.0598.23-9.21%
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%
159.18189.70151.56169.80+6.67%
133.16156.06127.59156.06+17.20%
130.79141.40106.74130.55-0.18%

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)

14.53%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

19.85%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

9.31%

Average operating profit margin over 5 years

Dividend Yield

0.14%

Annual dividend as % of current share price

Power & Instrumentation Gujarat Ltd Valuation Check

Excellent

Price to Earnings (P/E)

19.63x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

33.84x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

46.28%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% 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)

21.85%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

27.93%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

13.66%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

4.83%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

25.73%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.18x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

6.93x

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

Free Cash Flow (5-Year Total)

-34.94 (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 Ltd Fundamental Analysis & Valuation Benchmarking

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

Positive Indicators

9 factors identified

Excellent ROCE Performance (19.85%)

Observation: Superior returns on capital employed across business operations.

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

Attractive Valuation (P/E: 19.63 vs Industry: 33.84)

Observation: Trading at discount to industry peers.

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

Robust Profit Growth (21.85%)

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

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

Strong Revenue Growth (27.93%)

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

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

Consistent Growth Track Record (13.66% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Strong Profit Growth Track Record (25.73% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

Conservative Debt Levels (D/E: 0.18)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (6.93x)

Observation: Earnings comfortably cover interest obligations.

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

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

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

Risk Factors

2 factors identified

Weak Earnings Growth (4.83% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Negative Free Cash Flow (₹-34.94 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Power & Instrumentation Gujarat Ltd vs Other Electrical Equipment Peers

Peer Comparison - Other Electrical Equipment

Compare Power & Instrumentation Gujarat Ltd 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
62.7/100
98
₹261.33
19.6
Average
14.53%
Average
19.85%
Good
0.2
Excellent
25.73%
Excellent
13.66%
Good
0.14%
71.5/100
3085
₹91438.11
33.8
Average
27.42%
Excellent
34.94%
Excellent
0.3
Excellent
113.45%
Excellent
48.57%
Excellent
0.06%
64.5/100
1046
₹44040.04
36.9
Average
53.55%
Excellent
41.12%
Excellent
0.5
Excellent
90.49%
Excellent
47.08%
Excellent
0.10%
65.3/100
13426
₹36085.34
38.4
Average
19.50%
Good
32.70%
Excellent
0.1
Excellent
43.37%
Excellent
20.14%
Excellent
0.57%
74.9/100
941
₹10979.37
31.1
Average
65.56%
Excellent
82.31%
Excellent
0.1
Excellent
142.51%
Excellent
208.91%
Excellent
0.09%
58.9/100
319
₹9570.41
20.2
Average
17.49%
Good
19.21%
Good
0.9
Good
25.78%
Excellent
18.16%
Excellent
0.78%
Vikram Solar...
VIKRAMSOLR544488
47.4/100
201
₹9346.40
35.8
Average
16.57%
Good
26.45%
Excellent
0.1
Excellent
46.46%
Excellent
15.86%
Excellent
0.00%
29.8/100
198
₹7856.11
127.2
Average
0.00%
54.2/100
1497
₹6368.58
72.8
Average
10.35%
Average
12.76%
Average
0.3
Excellent
39.01%
Excellent
11.34%
Good
0.00%
67.8/100
1925
₹5112.09
22.1
Average
48.35%
Excellent
42.31%
Excellent
0.5
Excellent
188.74%
Excellent
115.44%
Excellent
0.00%
76.3/100
4075
₹4654.72
26.2
Average
52.93%
Excellent
71.30%
Excellent
0.0
Excellent
151.28%
Excellent
54.29%
Excellent
0.31%

Power & Instrumentation Gujarat Ltd 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 Ltd Dividend History

Annual cash dividends paid by PIGL — dividend yield 0.14%

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 Ltd Quarterly Performance

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

Revenue Growth (YoY)

27.93%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

21.85%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

13.66%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

25.73%

Compounded annual net profit growth over 5 years

Power & Instrumentation Gujarat Ltd Technical Indicators

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

34RSI 14
Neutral — RSI 34

Momentum is balanced — neither overbought nor oversold.

SMA 50
108
▼ Price below SMA 50 — Short-term bearish
SMA 200
131
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
56K shares/day
Average daily traded volume over last 30 trading sessions

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

Power & Instrumentation Gujarat Ltd Financial Statements

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

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Fetching financial data for Power & Instrumentation Gujarat Ltd

About PIGL (Power & Instrumentation Gujarat Ltd)

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 Ltd?

Power & Instrumentation Gujarat Ltd (PIGL) trades at ₹98.23 on NSE and BSE. Market cap ₹261.33 (Cr). Educational data only.

What is the P/E ratio of Power & Instrumentation Gujarat Ltd?

Power & Instrumentation Gujarat Ltd has a P/E of 19.63x vs industry average 33.84x.

What is the Bull Run score for Power & Instrumentation Gujarat Ltd?

Power & Instrumentation Gujarat Ltd has a Bull Run score of 62.7/100 based on 25+ financial parameters.

Does Power & Instrumentation Gujarat Ltd pay dividends?

Power & Instrumentation Gujarat Ltd has a dividend yield of 0.14%. Past dividends don't guarantee future payments.

What is the ROE of Power & Instrumentation Gujarat Ltd?

Power & Instrumentation Gujarat Ltd has ROE of 14.53%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Power & Instrumentation Gujarat Ltd?

Power & Instrumentation Gujarat Ltd has debt-to-equity of 0.18.

Is Power & Instrumentation Gujarat Ltd a good investment?

Bull Run gives Power & Instrumentation Gujarat Ltd a score of 62.7/100. This is not investment advice — consult a SEBI-registered advisor.