Supreme Power Equipment Limited — PPTs, 28-05-2025: Investor Presentation

1. Financial Highlights:

Supreme Power Equipment Limited posted consolidated revenue of ₹149.54 Cr for FY25, up 31.65% YoY. EBITDA increased 24.60% to ₹29.07 Cr with margin at 19.44%. Net profit rose 32.84% to ₹18.60 Cr, improving net margin to 12.44%. H2 FY25 saw stronger growth with revenue at ₹90.93 Cr (+49.08%), EBITDA ₹17.03 Cr (+31.64%), and net profit ₹11.47 Cr (+52.19%). Net worth stands at ₹92.50 Cr; fixed assets reached ₹63.97 Cr on the back of recent capex. Operating cash flow was robust at ₹39.50 Cr.

2. Strategic Initiatives & Growth Drivers:

SPEL is executing a ₹70–75 Cr capacity expansion to increase output from 2,500 MVA to 9,000 MVA annually, focusing on larger transformers (25-160 MVA). Full-scale operations are expected by early 2026. The expansion targets renewable energy segments (solar, wind) and broader markets, aiming for 10–30% YoY revenue growth and improved margins through efficiencies.

3. Business Developments:

The company secured ₹51 Cr in new orders in Q4 FY25, raising the order book beyond ₹168 Cr. Key clients include local utilities such as TANGEDCO and Kerala State Electricity Board, plus renewable and industrial customers. SPEL has diversified into switchyard construction and commissioning, alongside transformer refurbishment services.

4. Market Position & Competitive Advantage:

With 30 years’ industry experience and certifications like ISO and CPRI approvals, SPEL holds strong credibility in power and distribution transformers. Its emphasis on larger capacity transformers and renewable energy fits current market trends. Broad customer base and vendor approvals reduce concentration risks. The planned capacity expansion and technical strengths bolster its competitive stance.

5. Investor Implications:

The ongoing capacity ramp-up and solid order book signal positive growth potential. A revenue mix increasingly tilted toward private tenders (74% of FY25) supports cash flow stability. Investors should watch execution risks related to expansion timelines and large order wins, but strong management confidence and favorable industry tailwinds suggest expanding profitability and market share ahead.