Power & Instrumentation (Gujarat) Limited (PIGL) has officially announced the receipt of two new work orders totaling ₹2.62 Crores (including GST) for electrical infrastructure works. These orders were awarded by Nyati Engineering & Consultants Limited for the prestigious Udaipur Air Terminal project in Rajasthan. The scope of work includes the design, supply, installation, testing, and commissioning of power supply systems. With these new additions, the company’s aggregate order value for the Udaipur Air Terminal project has climbed to ₹60.51 Crores.

The technical specifications of the contract require PIGL to handle the entire lifecycle of the electrical systems, from initial design to final client handover. The project completion schedule is notably aggressive, requiring the facility to be 100% commissioned within 4 to 8 weeks following the approval of General Arrangement drawings. These orders are domestic in nature and do not involve any related-party transactions, ensuring they were conducted at arm’s length. The company continues to strengthen its presence in critical infrastructure sectors like aviation through such repeat orders.

Incorporated in 1975, Power & Instrumentation (Gujarat) Limited is a specialized EPC (Engineering, Procurement, and Construction) solution provider for various electrical requirements. The company is a domain specialist in electrical installations, maintenance, and the manufacturing of electronic boards and control panels. Throughout 2025, PIGL has been exceptionally active in securing high-value contracts, including a major development order from Ajmer Vidyut Vitran Nigam Limited for distribution infrastructure in Rajasthan. Additionally, the company recently won a ₹9.5 Crore solar project in Gujarat, highlighting its growing expertise in the renewable energy sector.

For the quarter ended December 2025, the company reported a robust financial performance with revenue from operations reaching ₹44.60 Crores. This represents a significant YoY growth of 33.65% compared to the ₹33.37 Crores reported in December 2024. Standalone net profit for the same period rose to ₹3.28 Crores, up from ₹2.88 Crores in the previous year. The company maintains a healthy order book of approximately ₹450 Crores. The shareholding pattern as of December 2025 shows strong promoter commitment, with the Pillai family (Padmaraj, Padmavati, and Kavita) holding substantial stakes, while institutional presence remains minimal.