Synopsis: Supreme Power Equipment Limited has bagged two separate orders totalling Rs. 53.40 crore on April 13, 2026, a Rs.13.50 crore contract for supply of a 112.5MVA, 330 kV power transformer and a Rs.39.90 crore contract for 20MVA, 110/33-11 kV power transformers.
Shares of a Jaipur-based SME transformer manufacturer came into focus after the NSE-SME listed company disclosed receipt of two separate orders within six minutes of each other on the morning of April 13, 2026. The back-to-back wins, both from Hyderabad clients signal deepening traction in the power infrastructure market, particularly in Telangana, where grid expansion and distribution network upgrades have been driving equipment procurement.
With a market capitalization of Rs. 410 crore, the shares of Supreme Power Equipment Limited were trading at Rs. 188 per share,up 3.55 percent from its previous close of Rs. 181.55. It is trading at a P/E of 21.46.
The first order covers the supply of a 112.5MVA, 330 kV power transformer valued at Rs. 13.50 crore, to be executed within approximately 11 months. The second order, received at 10:12 AM, covers the supply of 20MVA, 110/33-11 kV power transformers for Rs. 39.90 crore, with an execution window of 13 to 17 months.
The technical specifications of both orders carry analytical significance. The 112.5MVA, 330 kV transformer is a high-rating, high-voltage unit historically outside the company’s declared capacity ceiling of 25 MVA/132 kV.
The Rs. 39.90 crore EPC order for 20MVA transformers is more conventional in specification but larger in value, and the 13-17 month execution window extends revenue visibility deeper into FY2027. Together, the two orders add Rs. 53.40 crore to the order book, all from private domestic entities with no related party involvement.
In the weeks preceding today’s filing, Supreme Power disclosed an Rs. 18.23 crore TNPDCL order (via 90 percent subsidiary Danya Electric) for 25kVA/22kV transformers received on March 4, and a Rs. 10.40 crore order for 20MVA, 110/33-11kV transformers on February 26. The pace of order announcements has accelerated since the Kannur facility came online, consistent with management guidance that expanded capacity enables pursuit of larger and higher-specification orders.
FY2025 standalone revenue stood at Rs. 145 crore, up 35 percent from Rs. 107 crore in FY2024, itself up 41 percent from the prior year. The three-year revenue CAGR is 46 percent, and the five-year profit CAGR is 117 percent, driven by sustained operating margin expansion from 7-8 percent pre-FY2023 to a consistent 14-17 percent range. ROCE of 27.5 percent and ROE of 22.4 percent are well above sector averages for SME capital goods manufacturers. Working capital days compressed from 82.9 to 46.5 days over the same period suggesting execution has tightened alongside growth.
One number requires attention. Borrowings have risen from Rs. 6 crore in FY2024 to Rs. 16 crore in FY2025 and further to Rs. 30 crore in the September 2025 balance sheet, driven by the Rs. 100 crore Kannur investment currently being absorbed. Capital work in progress has climbed to Rs. 74 crore as of September 2025, indicating the facility ramp is still being funded. Cash from operations for FY2025 was Rs. 37 crore.
Business Overview
Incorporated in 1994, Supreme Power Equipment Limited is an transformer manufacturer based in Jaipur, Rajasthan. The company manufactures power transformers, distribution transformers, windmill transformers, solar/inverter duty transformers, and generator transformers, serving private clients, EPC companies, and state utilities.
Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post Supreme Power Equipment Bags Back-to-Back Transformer Orders Worth Rs. 53.4 Cr appeared first on Trade Brains.