Rs 105.87 Crore Order Book: Transformers company secures order worth Rs 10.02 crore from TNPDCL
The stock is up by 31.2 per cent from its 52-week low of Rs 100 per share.
Supreme Power Equipment Limited (SPEL), a prominent manufacturer of power and distribution transformers listed on the NSE under the code SUPREMEPWR, has announced a significant new domestic order valued at Rs 10.02 crore from the Tamil Nadu Power Distribution Corporation Limited (TNPDCL). The order, received on May 16, 2025, entails the supply of distribution transformers in two specific capacities: 100 kVA/22 kV and 200 kVA/22 kV. These transformers will be meticulously designed and manufactured to meet the precise technical specifications outlined by TNPDCL. The delivery of this substantial order is scheduled for completion within approximately four months from the date of order receipt.
This recent win has bolstered SPEL’s standalone order book to Rs 94.67 Cr. Furthermore, Danya Electric Company, a partnership firm with a 90 per cent stake held by SPEL, currently possesses orders worth Rs 11.20 croe. Consequently, the company’s consolidated order book now stands at Rs 105.87 crore, underscoring SPEL’s robust execution capabilities, strong manufacturing prowess, and its expanding footprint in the power equipment sector. With a demonstrated history of on-time delivery and adherence to stringent quality standards, SPEL is fully dedicated to fulfilling this latest order within the stipulated four-month timeframe, ensuring that every transformer delivered meets the highest standards of performance and reliability.
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About the Company
Supreme Power Equipment Limited (Supreme, SPEL), a Tamil Nadu-based company with a rich history dating back to 1994, specialises in the manufacturing of high-quality power and distribution transformers. Initially established as a partnership firm, Supreme was later incorporated as a private limited company in 2005. With three decades of experience, the company has solidified its position as a trusted supplier to local electric utilities. Renowned for its commitment to quality and reliability, Supreme has successfully manufactured and supplied over 17,000 units. The company's recent venture into the windmill segment underscores its expertise in developing transformers capable of handling the demanding conditions of renewable energy systems.
In FY24, the company recorded a consolidated revenue of Rs 113.59 crore, an EBITDA of Rs 23.33 crore and a profit after tax of Rs 14.30 crore. The company has a market cap of Rs 328 crore with an ROE of 31 per cent and ROCE of 37 per cent. The stock is up by 31.2 per cent from its 52-week low of Rs 100 per share.
Disclaimer: The article is for informational purposes only and not investment advice.