Extending features to the fourth consecutive session, shares of Energy and Instrumentation (Gujarat) rose by 3 per cent on Monday, November 17, following the corporate’s robust Q2 efficiency and order e book. After opening at ₹165.50, the inventory ended 3.04 per cent greater at ₹162.45 on the BSE on Monday, buoyed by a robust September quarter scorecard.
In 4 classes, the inventory has gained 11 per cent. PIGL share value hit a 52-week low of ₹106.70 on July 7 this yr after hitting a 52-week excessive of ₹416.40 on January 10.
PIGL Q2 outcomes
Energy and Instrumentation (Gujarat) (PIGL), on November 14, reported a robust monetary and operational efficiency for the second quarter and first half of FY26. The corporate posted regular year-on-year progress throughout income, profitability, and order inflows.
For Q2FY26, PIGL reported a complete revenue of ₹70.91 crore, up 27.2 per cent year-on-year (YoY). EBITDA rose to ₹7.24 crore, exhibiting a 19.8 per cent leap YoY. Web Revenue got here in at ₹4.71 crore, marking a 21.11 per cent enhance.
For the primary half of FY26, whole revenue stood at ₹112.46 crore, up 37.57 per cent. EBITDA in H1FY26 reached ₹11.52 crore, up virtually 19 per cent, whereas internet revenue for the interval rose 27.29 per cent to ₹7.33 crore.
PIGL mentioned its order e book stands robust at greater than ₹520 crore in ongoing works (common 12-15 months completion) as of November 14, 2025, with ₹200+ crore in bided tenders.
Latest wins whole ₹133.67 crore, together with rural electrification beneath RDSS ( ₹102.78 crore) and photo voltaic tasks ( ₹9.50 Cr). Acquisition of 51.06 per cent in Peaton Electrical (PECL) provides ₹31.80 crore order e book, enhancing backward integration and synergies for future progress in energy and renewables.
“Sturdy order inflows and environment friendly undertaking administration supported general efficiency, whereas new government-led rural electrification orders additional strengthened the corporate’s presence in nationwide infrastructure initiatives,” mentioned Padmaraj Padmnabhan Pillai, Managing Director of PIGL.
PIGL enterprise replace
The corporate mentioned its ₹102.78 crore electrification undertaking from Ajmer Vidyut Vitran Nigam Restricted beneath the DA-JGUA scheme, protecting 9 circles in Rajasthan, shall be accomplished inside 15 months. Furthermore, a ₹9.50 crore photo voltaic EPC order in Gujarat for a 5 MWp ground-mounted photo voltaic undertaking is anticipated to be executed over six months.
PIGL has been awarded a undertaking value ₹2.59 crore for the design, provide, set up, testing, and commissioning of ELV raceways and cable tray techniques on the Udaipur Air Terminal in Rajasthan.
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