Transformers company receives an order worth Rs 78.39 crore from Avaada Clean Project Pvt Ltd

Indo Tech Transformers Ltd has received a domestic order from Avaada Clean Project Pvt Ltd, valued at Rs 78.39 crore plus applicable taxes. The contract is for the manufacture and supply of 9 transformers, each with a capacity of 125 MVA. The execution of the order is scheduled to be completed in parts, with 2 transformers to be delivered by March 2026, and the remaining 6 units to be delivered in April and May of 2026. This information is disclosed as per Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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Indo Tech Transformers Ltd is a leading manufacturer of power, distribution, and specialised transformers, serving a wide range of industries such as transmission, generation, hydro, wind, solar, steel, cement, textiles, and utilities. With a strong emphasis on quality and innovation, the company has earned a strong reputation for delivering reliable and efficient transformers to clients in India and abroad. Their extensive product portfolio includes distribution transformers, power transformers, large power transformers, and skid-mounted substations, all tailored to meet the specific needs of diverse applications.

The company has a market cap of over Rs 1,900 crore and has delivered good profit growth of 102 per cent CAGR over the last 5 years with debtor days having improved from 100 to 73.1 days. The shares of the company have an ROE of 26 per cent and an ROCE of 38 per cent. The stock gave multibagger returns of 320 per cent in 2 years, 850 per cent in 3 years and a whopping 1,770 per cent in 5 years.

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