Electrical equipment manufacturer receives contract worth Rs 40,98,639 from TP Northern Odisha Distribution Limited (TPNODL)

DSIJ Intelligence-1 / 17 Sep 2025/ Categories: Mindshare, Trending

Electrical equipment manufacturer receives contract worth Rs 40,98,639 from TP Northern Odisha Distribution Limited (TPNODL)

The company has a market cap of Rs 97 crore and the stock is up 94.5 per cent from its 52-week low of Rs 100.25 per share.

Vdeal System Limited, an electrical equipment manufacturer, has received a new one-year rate contract worth Rs 40,98,639 from TP Northern Odisha Distribution Limited (TPNODL). This domestic order is for the supply of LTDBs (Low-Tension Distribution Boxes) and is valid until August 7, 2026. This contract is part of the company's strategy for sustained business growth and is viewed by management as a positive step that will enhance shareholder value.

Earlier, the company received a domestic order from Blue Star Limited. The contract, valued at approximately Rs 1,28,69,281.95, is for the supply of LT Panel and LT MCC Switch Board. The company is scheduled to deliver the LT MCC Switch Board by October 30, 2025, and the LT Panel by January 25, 2026. This order is expected to contribute to the company's business growth.

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Incorporated in 2009, Vdeal System Ltd (VDSL) is an ISO 9001:2008 certified company registered under NSIC, DIC, and MSME, operating as a solution provider in the electrical engineering domain. Their business encompasses the manufacturing and trading of electrical control panel boards, positioning them as a Premium System Integrator offering expertise in Electrical Panels, Industrial Automation (including VFD Drivers, PLC/Scada/HMI, and Soft Starters), Process Instrumentation, and Industrial IoT (I-4). VDSL also provides Energy Management Systems, offering computer-aided tools for electric utility grid optimisation, and a diverse range of panel products including PCC, MCC, PMCC, APFC, VFD, Soft-starter, PLC-based process control, Control Desk & MIMIC Panels, and Junction Boxes, alongside Bus Duct solutions in both Air Insulated and Sandwich configurations.

The company has a market cap of Rs 97 crore and the stock is up 94.5 per cent from its 52-week low of Rs 100.25 per share. The shares of the company have an ROE of 25 per cent and an ROCE of 25 per cent.

Disclaimer: The article is for informational purposes only and not investment advice.