Chennai, April 24, 2026: Supreme Power Equipment Limited (SPEL) has secured new domestic orders worth ₹128 crore from Hyderabad-based companies, boosting its order book and strengthening near-term revenue visibility.
The orders, received across April 2026, involve the supply of power and distribution transformers of varying capacities, with execution timelines ranging from 11 to 17 months.
Order Breakdown
Among the key contracts, SPEL has received:
- A ₹51.30 crore order for 20MVA, 110/33–11 kV power transformers
- A ₹23.30 crore order for a 160MVA, 220 kV transformer
- A ₹39.90 crore order for additional 20MVA, 110/33–11 kV transformers
- A ₹13.50 crore order for a 112.5MVA, 330 kV transformer
With these wins, the company’s standalone order book stands at ₹481.44 crore, while its subsidiary, Danya Electric Company, holds orders worth ₹96.28 crore. The combined order book now totals ₹577.72 crore as of April 23, 2026.
Management Commentary
Vee Rajmohan, Chairman and Managing Director of SPEL, said the company is witnessing sustained momentum in order inflows, reflecting strong demand and customer confidence in its execution capabilities. He added that rising investments in power and infrastructure, particularly in high-growth regions such as Telangana, are driving a robust pipeline of opportunities. The company is also ramping up execution capacity to capitalize on the current demand cycle and support its next phase of growth.
Company Profile
Founded in 1994 and later incorporated in 2005, Supreme Power Equipment Limited is a Tamil Nadu-based manufacturer specializing in power and distribution transformers. The company has supplied over 19,000 transformer units and serves a wide range of electric utilities.
SPEL, which listed on the NSE Emerge platform in December 2023, reported consolidated revenue of ₹149.54 crore, EBITDA of ₹29.07 crore, and net profit of ₹18.60 crore in FY25.
Outlook
The latest order wins reinforce SPEL’s position in the transformer manufacturing segment and provide strong revenue visibility over the coming quarters, supported by ongoing investments in India’s power infrastructure sector.