Power & Instrumentation (Gujarat) Limited reported FY ’25 income of INR171.28 Cr, EBITDA of INR19.59 Cr, and net profit doubling YoY to INR11.75 Cr; standalone EPS rose 66% to INR7.8. Q4 revenue jumped 47% YoY to INR55.39 Cr with a ~10% EBITDA margin. The company entered solar EPC with a 5 MW order and expanded into 400 kV EHV projects. Airport electrification forms 18-20% of the INR400 Cr+ order book, including a INR46 Cr Udaipur Air Terminal contract. A healthy INR500 Cr+ bid pipeline supports multi-year growth amid India’s power infrastructure and renewables push. Margin dip due to execution mix, but outlook remains confident with focus on renewables, HV projects, and digital tools.
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