Supreme Power Equipment Limited (NSEI: SUPREMEPWR)

About Supreme Power Equipment Limited

Supreme Power Equipment Ltd. is an India-based electrical equipment manufacturer specializing in the design, production, upgrading, and renovation of various types of transformers. The company's product portfolio includes power transformers, distribution transformers, energy-efficient transformers, windmill transformers, solar/inverter duty transformers, generator transformers, converter & rectifier transformers, isolation transformers, and oil-cooled transformers and tanks. They also manufacture isolators. The company operates within the energy and transmission and distribution (T&D) sector, providing critical infrastructure components. Their target markets include public utilities, industrial units, and renewable energy projects, serving as an Engineering, Procurement, and Construction (EPC) and equipment supplier primarily to state power boards and private industrial clients in Southern India, with revenue primarily derived from the domestic Indian market. Supreme Power Equipment is strategically shifting its focus towards higher-margin renewable and private sector projects, moving away from low-margin government tenders. The company has recently expanded its manufacturing capabilities with a new facility in Kannur Village, near Chennai, Tamil Nadu, which commenced commercial production and is designed to produce power transformers up to 200 MVA and 220 kV. This expansion significantly increases their total installed manufacturing capacity to approximately 9,000 MVA per annum, enabling them to address the Extra High Voltage (EHV) segment and further support the growing renewable energy sector.

ISIN

INE0QHG01026

Founded

1994

Listed since

Dec 29, 2023

Exchange

National Stock Exchange of India

Currency

INR