Rs 198.12 crore order book: P&D transformer manufacturer bags Rs 32.23 crore worth of orders, Marking multiple market entries!

Supreme Power Equipment Limited (SPEL), a leading manufacturer of power and distribution transformers, has secured five new orders totaling Rs 32.23 crore within one month. These orders mark significant entries into multiple domestic and international markets, reinforcing SPEL's diversified customer base and expanding its global footprint. The largest order, valued at approximately Rs 15.25 crore, is from Kerala State Electric Utility (KSEBL) for the supply of five 25 MVA, 110/22 KV power transformers, to be executed within 6 months.

Advertisement:

25% OFF on DSIJ's Stock Recommendations

Other notable orders include approximately Rs 8.92 crore from a reputed renewable power (solar) project company for three power transformers (two 55 MVA, 110/33 KV and one 30 MVA, 110/33 KV) with a 4-month timeframe, and approximately Rs 4.48 crore from Tamil Nadu Power Distribution Corporation Limited (TNPDCL) for distribution transformers, expected within 18 months. SPEL has also ventured into the steel sector with an order worth approximately Rs 2.55 crore from a reputed Steel Plant in Kerala for a 31.5 MVA, 110/22 KV power transformer, to be delivered within 5 months.

Furthermore, SPEL has achieved its first order from Mexico, marking its entry into North America, for a 9 MVA power transformer, valued at approximately Rs 1.03 crore, with an execution timeframe of 4 months. These wins underscore SPEL’s ability to serve diverse customer segments and provide world-class transformer solutions. With these five new contracts, SPEL's standalone order book stands at Rs 180.86 crore as on August 13, 2025, and its 90%-owned subsidiary, Danya Electric Company, holds an order book of Rs 17.26 crore, bringing the consolidated order book to Rs 198.12 crore.

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.

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 over Rs 500 crore and has a consolidated order book totalling Rs 198.12 crore as of August 2025. The stock has given multibagger returns of over 100 per cent from its 52-week low of Rs 100 per share.

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