Upper Circuit Multibagger Stock: Transformer Company Receives New Order of Worth Rs 8,56,00,000 from Renewable Power Project Company
The stock has given multibagger returns of 98.2 per cent from its 52-week low of Rs 100 per share.
On Friday, shares of Supreme Power Equipment Limited hit a 2 per cent upper circuit to Rs 228 per share from its previous closing of Rs 223.4 per share.
Supreme Power Equipment Limited (SUPREMEPWR) has announced the receipt of a new domestic order valued at Rs 8.56 crore from a Renewable Power Project Company on June 25, 2025. This significant contract involves the supply of two 55MVA, 110/33kV Power Transformers, specifically for pooling substation projects, and is expected to be executed within approximately four months.
About the Company
Supreme Power Equipment Limited (Supreme, SPEL), originally founded as a partnership firm in 1994 under the name “Supreme Power Equipment” and later incorporated as a company under the name "Supreme Power Equipment Private Limited" in 2005, is a Tamil Nadu-based company specialising in the manufacturing of power and distribution transformers. With 3 decades of industry experience, the company has emerged as a prominent supplier to local electric utilities. Supreme's foray into the windmill segment showcases its expertise in crafting transformers designed to withstand switching challenges and voltage fluctuations. Renowned for quality and reliability, the company has a strong track record, having manufactured and supplied over 17,000 units. With around Rs 116 crore order book as on May 21, 2025, Supreme Power Equipment Limited continues to be a key player in the transformer industry, emphasising innovation and precision in design.
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In FY25, the company recorded a consolidated revenue of Rs 149.54 crore, an EBITDA of Rs 29.07 crore and a net profit of Rs 18.60 crore. The company has a market cap of Rs 569 crore with an ROE of 22 per cent and ROCE of 28 per cent. The stock has given multibagger returns of 98.2 per cent from its 52-week low of Rs 100 per share.
Disclaimer: The article is for informational purposes only and not investment advice.