Quality Power Electrical Equipments Limited (QPEEL), a prominent manufacturer of high-voltage electrical components, has achieved a major international milestone by securing a ₹20 crore export order from a leading Israeli company. The deal involves the phased supply of 161kV high-voltage coil products over a four-year framework agreement, further reinforcing QPEEL's reputation as a dependable partner in the global energy infrastructure sector.

This development was officially announced by the company on 16th May 2025 through a press release filed with both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Strategic Export Win: 4-Year Contract with Israeli Entity

The contract, valued at approximately ₹20 crore, marks a repeat engagement from the Israeli partner, following several successful deliveries over the last three years. This continuous collaboration highlights Quality Power’s technical prowess, commitment to quality, and its alignment with international engineering and regulatory standards.

As per the company, execution of this export order will begin in the third quarter of FY 2025–26 and will extend through FY 2029–30, providing long-term revenue visibility and reinforcing QPEEL’s international growth agenda.

Product Integration: Mehru Subsidiary Adds Value

A key highlight of the order is the inclusion of coupling capacitors manufactured by Mehru Electrical & Mechanical Engineers Pvt. Ltd., a recently acquired subsidiary of Quality Power. This move reflects effective post-merger synergy realization and strategic product integration, which is expected to enhance the value proposition offered to international clients.

By leveraging Mehru’s product capabilities within the export contract, Quality Power aims to:

• Broaden its high-voltage product portfolio

• Demonstrate internal synergies post-acquisition

• Provide an end-to-end solution tailored to client specifications

Operational Strategy and Capacity Utilization

The order will be fulfilled using existing manufacturing infrastructure, both in India and Turkey, which ensures:

• Efficient resource allocation without the need for additional capex

• Stable margin retention across the supply timeline

• Enhanced capacity utilization, a key operational metric

Mr. Vivek Moroney, President – Operations, expressed confidence in the company’s roadmap:

“This new framework is a forward-looking opportunity to deepen our engagement in the Israeli market.”

Expanding Global Presence

With this contract, Quality Power solidifies its presence in the Middle East and boosts its profile among international stakeholders. The company now serves over 100+ countries with systems extending up to 765kV, including reactors, transformers, line traps, and FACTS (Flexible AC Transmission Systems) solutions.

The export deal is a repeat order, which indicates strong client satisfaction and aligns perfectly with the company's vision to scale its global footprint. The management has also confirmed that the project aligns with its strategy to focus on performance-driven exports in high-reliability sectors.

Listing Milestone and Market Visibility

Quality Power made its public debut on both BSE (Scrip Code: 544367) and NSE (Symbol: QPOWER) on 24th February 2025, and has since shown robust operational progress. With this export order, it sends a strong message to its investors and the market about its execution capability, global relevance, and sustainable growth model.

The order is further evidence of the company’s ability to convert international inquiries into long-term strategic agreements, offering recurring revenue and client engagement opportunities over multiple years.

Corporate Contact and Disclosure

The disclosure was submitted by Mr. Deepak Suryavanshi, Company Secretary and Compliance Officer, from Sangli, where the company is headquartered. The company has also updated the announcement on its website: www.qualitypower.com

For further communications, contact:

• Rutuja Chandgude | Corporate Communications – rutuja@qualitypower.co.in

• Zenobia Vaz | PR – zenobia.vaz@adfactorspr.com

Safe Harbour Statement

As a responsible listed entity, the company has included a Safe Harbour clause, clarifying that all forward-looking statements are subject to risks and uncertainties, and actual results may differ.

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