Electrical Equipments company bags Rs 6+ crore order from Hartek Power Pvt Ltd

S & S Power Switchgear Limited's wholly-owned subsidiary, M/s. S&S Power Switchgear Equipment Limited (SSPSE) has been awarded a Letter of Award (LOA) by Hartek Power Private Limited for the supply of 420 KV, 245 KV, 72.5 KV and 36 KV Isolators. These critical components are destined for various Powergrid Corporation of India Limited projects. The domestic order is valued at over Rs. 6 crores, with delivery schedules set to commence from the last quarter of the current fiscal year.

S & S Power Switchgear Ltd, established in 1975, operates within the Transmission & Distribution Equipment industry, specialising in power sector-focused Switchgear, Protection and Control (P&C) Solutions and related electrical systems, products and services. The company's business strategy emphasises emerging markets, developing economies and the UK, alongside its strong presence in India, offering a diverse product portfolio that includes Disconnectors, Vacuum Circuit Breakers and Control and Relay Panels.

As of June 2025, the promoters hold 74.97 per cent stake, DIIs hold 0.21 per cent stake and the remaining 24.82 per cent is owned by public shareholders. The company has a market cap of over Rs 450 crore and working capital requirements have reduced from 18.3 days to 10.3 days. The stock is up by 66 per cent from its 52-week low of Rs 224.30 per share and has given multibagger returns of over 2,200 per cent in 5 years.

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