Supreme Power Equipment Secures ₹ 13.50 Crore Order, Marking Entry into Maharashtra Market
Supreme Power Equipment Limited (SPEL), a major manufacturer of power and distribution transformers, has secured a new order worth ₹ 13.50 Cr from an Engineering, Procurement, and Construction (EPC) company located in Maharashtra. This contract marks the company's initial order in the state of Maharashtra, signaling a key step in its geographical expansion efforts.The contract encompasses the supply of 20 MVA, 110/33-11 kV power transformers, which are essential components for power transmission and distribution infrastructure. The order is slated for execution over a period of approximately 7 months, highlighting the company's capacity for timely project execution.
Vee Rajmohan, Chairman and Managing Director of Supreme Power Equipment Limited, stated that securing the first order in Maharashtra is an important milestone in the company's expansion. He noted that entering a key industrial state like Maharashtra reflects the growing acceptance of the company's capabilities and strengthens its presence in western India.
Company Performance Overview
In the fiscal year 2025 (FY25), Supreme Power Equipment Limited reported specific financial results:| Metric | Value |
|---|---|
| Consolidated Revenue | ₹ 149.54 Cr |
| EBITDA | ₹ 29.07 Cr |
| Net Profit | ₹ 18.60 Cr |
Established in 1994 as a partnership firm named 'Supreme Power Equipments', the company later incorporated as "Supreme Power Equipment Private Limited" in 2005. Supreme Power Equipment Limited is based in Tamil Nadu and specializes in manufacturing power and distribution transformers. The company has a reported history of manufacturing and supplying over 19,000 units.
The company debuted in the primary market with an IPO and was listed on NSE Emerge in December 2023.
SUPREMEPWR Stock Price Movement
Supreme Power Equipment Limited shares gained traction today, settling at ₹182.55 after climbing 5.14%. The stock's upward momentum was supported by trading activity that saw 37,500 shares change hands.Source:
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