Integrated Filing — IndAS



General information about company
Scrip Code 544367
NSE Symbol QPOWER
MSEI Symbol NOTLISTED
ISIN INE0SII01026
Name of company QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 27-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Electrical Equipments
Start date and time of board meeting 27-May-2025   18:30:00
End date and time of board meeting 27-May-2025   20:55:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-02-15
Indicate Company website link for updated RPT policy of the Company https://qualitypower.com/wp-content/uploads/2024/07/Related-Party-Transactions-Policy.docx.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not Applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 442330000 1524270000
Other income 12180000 33020000
Total income 454510000 1557290000
2 Expenses
(a) Cost of materials consumed 224040000 760720000
(b) Purchases of stock-in-trade 0 23210000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 72660000 210350000
(e) Finance costs 2250000 14050000
(f) Depreciation, depletion and amortisation expense 6350000 20490000
(f) Other Expenses
1 Other expenses 44630000 134030000
Total other expenses 44630000 134030000
Total expenses 349930000 1162850000
3 Total profit before exceptional items and tax 104580000 394440000
4 Exceptional items -1210000 0
5 Total profit before tax 103370000 394440000
6 Tax expense
7 Current tax 16590000 91000000
8 Deferred tax 1690000 330000
9 Total tax expenses 18280000 91330000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 85090000 303110000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 85090000 303110000
17 Other comprehensive income net of taxes 280000 220000
18 Total Comprehensive Income for the period 85370000 303330000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 774440000 774440000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 2556170000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.17 4.17
Diluted earnings (loss) per share from continuing operations 1.17 4.17
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.17 4.17
Diluted earnings (loss) per share from continuing and discontinued operations 1.17 4.17
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 348520000
Capital work-in-progress 870000
Investment property 8150000
Goodwill 0
Other intangible assets 5230000
Intangible assets under development 0
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 1270880000
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 120150000
Total non-current financial assets 1391030000
Deferred tax assets (net) 39620000
Other non-current assets 13140000
Total non-current assets 1806560000
2 Current assets
Inventories 81780000
Current financial asset
Current investments 0
Trade receivables, current 406790000
Cash and cash equivalents 1007730000
Bank balance other than cash and cash equivalents 177760000
Loans, current 0
Other current financial assets 81080000
Total current financial assets 1673360000
Current tax assets (net) 13920000
Other current assets 48020000
Total current assets 1817080000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 3623640000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 774440000
Other equity 2556170000
Total equity attributable to owners of parent 3330610000
Non controlling interest
Total equity 3330610000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 0
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 2200000
Total non-current financial liabilities 2200000
Provisions, non-current 0
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 2200000
Current liabilities
Current financial liabilities
Borrowings, current 68620000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 13410000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 130140000
Total Trade payable 143550000
Other current financial liabilities 3750000
Total current financial liabilities 215920000
Other current liabilities 62230000
Provisions, current 12680000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 290830000
3 Liabilities directly associated with assets in disposal group classified as held for sale 0
4 Regulatory deferral account credit balances and related deferred tax liability 0
Total liabilities 293030000
Total equity and liabilites 3623640000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of Employee Benefit Plan 270000 290000
Total Amount of items that will not be reclassified to profit and loss 270000 290000
2 Income tax relating to items that will not be reclassified to profit or loss -10000 70000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income 280000 220000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 394440000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 14050000
Adjustments for decrease (increase) in inventories -8210000
Adjustments for decrease (increase) in trade receivables, current -243200000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 171690000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 0
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 1310000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -4810000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 20490000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 780000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current 0
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 26010000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -73910000
Net cash flows from (used in) operations 320530000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 83480000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 237050000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 1200000000
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 0
Purchase of property, plant and equipment 28940000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 9720000
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 26010000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) investing activities -1212650000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 2045140000
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 150890000
Payments of lease liabilities 2400000
Dividends paid 0
Interest paid 13500000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 1878350000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 902750000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 902750000
Cash and cash equivalents cash flow statement at beginning of period 104980000
Cash and cash equivalents cash flow statement at end of period 1007730000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s Kishor Gujar & Associates Yes 31-May-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Mr. Thalavaidurai Pandyan QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Key Management Personnel Remuneration 20700000 Approved 20700000 0 0
2 Mr.Bharanidharan Pandyan QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Key Management Personnel Remuneration 20700000 Approved 20700000 0 0
3 Mrs. Chitra Pandyan QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Key Management Personnel Remuneration 4950000 Approved 4950000 0 0
4 Mrs. Nivetha Pandyan QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Relative of KMP Remuneration 8640000 Approved 8640000 0 0
5 Mr. Mahesh Saralaya QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Key Management Personnel Remuneration 1150000 Approved 1150000 0 0
6 Mr. Rajesh Jayaraman QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Key Management Personnel Remuneration 2200000 Approved 2200000 0 0
7 Mr. Tushar Deshpande QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Key Management Personnel Remuneration 90000 Approved 90000 0 0
8 Mr. Deepak Suryavanshi QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Key Management Personnel Remuneration 680000 Approved 680000 0 0
9 Mr.Rajendra Sheshadri Iyer QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Independent Director Any other transaction Professional Fees/Commission 4400000 Approved 4400000 0 0
10 Mr.Shailesh Kumar Mishra QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Independent Director Any other transaction Professional Fees/Commission 2400000 Approved 2400000 0 0
11 Mr.Rajendra Sheshadri Iyer QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Independent Director Any other transaction Sitting Fees for Borad Meeting/Audit Committee Meeting 630000 Approved 630000 0 0
12 Mr.Shailesh Kumar Mishra QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Independent Director Any other transaction Sitting Fees for Borad Meeting/Audit Committee Meeting 580000 Approved 580000 0 0
13 Mr.Pournima Suresh Kulkarni QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Independent Director Any other transaction Sitting Fees for Borad Meeting/Audit Committee Meeting 500000 Approved 500000 0 0
14 Mr.Sadayandi Ramesh QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Independent Director Any other transaction Sitting Fees for Borad Meeting/Audit Committee Meeting 50000 Approved 50000 0 0
15 Mr.Bharanidharan Pandyan QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Key Management Personnel Purchase of goods or services 1200000 Approved 1200000 110000 110000
16 Quality Power Engineering Projects Pvt Ltd QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Wholly owned Subsidiary Purchase of goods or services 6000000 Approved 6000000 4740000 4310000
17 Quality Power Engineering Projects Pvt Ltd QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Wholly owned Subsidiary Purchase of goods or services 2400000 Approved 2400000 0 0
18 Endoks Enerji Dağıtım Sistemleri Sanayi İthalat ve İhracat Limited Şirketi QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Step Down Subsidiary Purchase of goods or services 54200000 Approved 54200000 11130000 43170000
19 Quality Power Engineering Projects Pvt Ltd QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Wholly owned Subsidiary Purchase of goods or services 7200000 Approved 7200000 0 0
20 Quality Power Engineering Projects Pvt Ltd QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Wholly owned Subsidiary Purchase of goods or services 123970000 Approved 123970000 0 0
21 Quality Power Engineering Projects Pvt Ltd QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Wholly owned Subsidiary Sale of goods or services 390000 Approved 390000 0 0
22 Quality Power Engineering Projects Pvt Ltd QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Wholly owned Subsidiary Sale of goods or services 600000 Approved 600000 0 0
23 S & S Transformers and Accesssories Pvt. Ltd QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Wholly owned Subsidiary Any other transaction Royalty 1200000 Approved 1200000 2870000 2550000
24 Mr. Thalavaidurai Pandyan QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Key Management Personnel Interest received 0 Approved 0 190000 0
25 Mr.Bharanidharan Pandyan QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Key Management Personnel Interest received 0 Approved 0 790000 0
26 Mrs. Chitra Pandyan QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Key Management Personnel Interest received 0 Approved 0 950000 0
27 Mrs. Nivetha Bharanidharan QUALITY POWER ELECTRICAL EQUIPMENTS LIMITED Relative of KMP Interest received 0 Approved 0 230000 0
Total value of transaction during the reporting period 264830000