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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Power and Instrumentation (Gujarat) Limited is an India-based contracting company. The Company specializes in electromechanical services encompassing electrical substations, automation, heating, ventilation, and air conditioning (HVAC) solutions, and others. Its other…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, trading cheap versus its own history — but flagged on governance.
POWER INSTRUMENT (G) LTD is scored on the general / industrial framework. It keeps a slim 6.7% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.34×) — worth a closer look. Free cash flow is worth about -9.6% of its market value.
Over the last 3 years revenue compounded at 32%/yr and profit at 60%/yr. Book value itself has compounded 55%/yr — the hallmark of a genuine compounder. Return on equity is a modest 9.3%. In the latest quarter profit fell 22% versus the prior quarter.
At 11× earnings, the stock sits at the 3rd percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~3%/yr growth over a decade — undemanding expectations. The forensic screen raises a red flag: Only ₹-0.97 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 12.73 | 22.25 | better |
| P/B | 1.27 | 2.6 | better |
| EV/EBITDA | 8.88 | 30.35 | better |
| ROE | 9.29 | 6.19 | better |
| ROCE | 14.37 | 29.33 | worse |
| ROA | 6.51 | 3.28 | better |
| Quick Ratio | 0.91 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| BHEL | 50.7 | 5.5 | 10.8% |
| ABB India | 70.7 | 47.9 | 22.4% |
| CG Power | 89.3 | 13.9 | 15.7% |
Revenue has grown every year across all 4 financial years shown. 32% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (60% vs 32%) — margin expansion is at work.
Operating margin has expanded from 5% to 9% — the business is keeping more of each rupee earned.
ROE at 9% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
EPS has grown every year — each share earns more than the last, consistently. Profit grew faster than EPS (60% vs 34%) — share dilution is eroding per-share value. 34% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 16% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (31% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate fading — recent quarters 10% below earlier ones.
Profit fell 22% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 50.7% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.