Power & Instrumentation (Gujarat) Limited Announces Financial Results and Key Appointments
Power & Instrumentation (Gujarat) Limited, held its Board of Directors meeting on May 30, 2026. The Board approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026.During the meeting, the Board also addressed several key corporate appointments and professional audit engagements for the financial year 2026-27.
Key Appointments and Governance
The Board ratified the appointment of Ms. Daisy Mehta (Membership No. A29893) as Company Secretary cum Compliance officer (Key Managerial Personnel) of the Company, effective April 03, 2026.Furthermore, the Board appointed the following professionals for the financial year 2026-27:
- Internal Auditor: M/s Tirth S. Shah & Associates, Chartered Accountants.
- Cost Auditor: M/s Mayur Chhaganbhai Undhad & Co., Cost Accountant.
Financial Results Review
The company released its financial statements, which were reviewed by the Audit Committee. Statutory Auditors, M/s MAAK and Associates, issued audit reports noting that the Standalone Audited Financial Results for the quarter and financial year ended March 31, 2026, had an unmodified opinion.The comprehensive financial results for the year ended March 31, 2026, include the following details:
Standalone Financial Results Summary (In Lakhs)
| Particulars | Quarter Ended 31-03-2026 (Audited) | Period ended 31-03-2026 (Audited) |
|---|---|---|
| Total Income | 4,667.32 | 20,154.21 |
| Total Expenses | 4,299.50 | 18,431.67 |
| Profit/(loss) after tax for the period | 306.62 | 1,344.93 |
| Total Comprehensive Income for the period | 312.66 | 1,350.97 |
Consolidated Financial Results Summary (In Lakhs)
| Particulars | Quarter Ended 31-03-2026 (Audited) | Period ended 31-03-2026 (Audited) |
|---|---|---|
| Total Income (I) | 5,895.18 | 22,030.29 |
| Total Expenses (II) | 5,406.49 | 20,098.49 |
| Profit/(loss) after tax for the period (IX) | 392.96 | 1,483.52 |
| Total Comprehensive Income for the period (XI) | 401.27 | 1,482.02 |
The comprehensive balance sheets and cash flow statements are presented in the following tables:
Standalone Balance Sheet as at March 31, 2026 (In Lakhs)
| Particulars | As at 31 March 2026 | As at 31 March 2025 |
|---|---|---|
| Total Assets | 21,901.27 | 17,342.73 |
| Total Equity | 14,683.26 | 11,052.59 |
| Total Liabilities | 7,218.01 | 6,290.14 |
Consolidated Balance Sheet as at March 31, 2026 (In Lakhs)
| Particulars | As at 31 March 2026 | As at 31 March 2025 |
|---|---|---|
| Total Assets | 23,428.30 | 17,349.40 |
| Total Equity | 15,263.58 | 11,057.55 |
| Total Liabilities | 8,164.72 | 6,291.85 |
Consolidated Cash Flow Statement (Net Cash Used/Generated in Lakhs)
| Activity | For Period ended 31 March 2026 | For Period ended 31 March 2025 |
|---|---|---|
| Net cash generated by operating activities | -3,988.99 | -3,988.99 |
| Net cash (used in) / generated by investing activities | -1,364.44 | -1,183.91 |
| Net cash used in financing activities | 2,177.65 | 5,171.56 |
| Cash and cash equivalents at the end of the year | 377.75 | 34.70 |
PIGL Stock Price Movement
On Friday, Power & Instrumentation (Gujarat) Limited shares edged higher, settling at ₹109.79 and posting a strong gain of 3.25% for the session. The stock traded on a volume of 70,235 shares, managing to finish near the day's high of ₹110.6.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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