Power & Instrumentation (Gujarat) Limited — Investor Meet, 21-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

PIGL reported strong Q3 FY'26 results: revenue up 43% YoY to ₹48.89 Cr, EBITDA up 38% to ₹6.16 Cr (12.6% margin), and Net Profit up 12% to ₹3.57 Cr (7.3% margin). The company secured ₹124.17 Cr in new orders, expanding its executable order book to ₹450 Cr, primarily from government RDSS projects. Management targets 30-35% annual growth for the next five years, driven by substantial infrastructure and power sector tailwinds. They aim to improve EBITDA margins to 15% and PAT margins to 9-10%, supported by internal accruals and strategic manufacturing scale-up, including new Phibar busduct production starting May '26. Management expresses a confident outlook on sustained sector growth for decades.