The power distribution company’s shares hit a 5 percent upper circuit of Rs 137 apiece after the company bagged a significant work order of Rs 10.18 crore from an Electric Company based in Chennai.
Price movement
With a market capitalization of Rs 342.88 crore, Supreme Power Equipment Limited’s shares were trading at Rs 137.20 per share, increasing around 5 percent compared to the previous closing price of Rs 130 apiece.
Reason for rise
Today, the company’s shares have seen bullish movement after Supreme Power Equipment Limited bagged a significant work order of Rs 10.18 crore from an Electric Company based in Chennai for the Manufacturing and Supply of Parts of transformers.
Financial performance
The company’s revenue soared 27 percent, rising from Rs 21.63 crore in Q3FY24 to Rs 27.52 crore in Q3FY25 while net profit zoomed by 9 percent, growing from Rs 2.92 crore to Rs 3.17 crore during the same period, reflecting strong financial performance and continued business growth.
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Capability & Manufacturing facility
The firm has provided transformers for a variety of industries, including the local public power utility and the windmill industry. The firm has also delivered transformers to Gamesa Spain, a global corporation, for solar energy projects in India. These transformers have a voltage range of 16KVA to 25MVA/110KV and power ranges from 1250KVA/22KV to 6000 KVA/33KV.
The company’s production facility spans 17,876 square meters at Thirumazhisai, Thiruvallur, Chennai. Transformer manufacturing expenses are reduced due to the use of contemporary machinery and technology in the production facilities.
Ratio analysis
In terms of major financial measures, the firm recorded a return on equity (RoE) of 30.4 percent and a return on capital employed (RoCE) of 37.2 percent for the fiscal year 23-24. Furthermore, the net profit margin was 13.1 percent throughout the same time.
Company profile
Supreme Power Equipment Limited manufactures, upgrades, and renovates various types of transformers, including power transformers, generator transformers, windmill transformers, distribution transformers, isolation transformers, solar transformers, energy-efficient transformers, converters, and rectifier transformers.
Written by:- Abhishek Singh
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The power distribution company’s shares hit a 5 percent upper circuit of Rs 137 apiece after the company bagged a significant work order of Rs 10.18 crore from an Electric Company based in Chennai. Price movement With a market capitalization of Rs 342.88 crore, Supreme Power Equipment Limited’s shares were trading at Rs 137.20 per
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