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Reading: Transformers inventory jumps after receiving two orders price ₹20 Cr from TANGEDCO  
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StockWaves > Financial News > Transformers inventory jumps after receiving two orders price ₹20 Cr from TANGEDCO  
Financial News

Transformers inventory jumps after receiving two orders price ₹20 Cr from TANGEDCO  

StockWaves By StockWaves Last updated: January 3, 2025 5 Min Read
Transformers inventory jumps after receiving two orders price ₹20 Cr from TANGEDCO  
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Contents
Inventory Value MotionWhat OccurredFuture OutlookKey AchievementsNew DevelopmentsCurrent Quarter Outcomes and RatiosFirm OverviewDisclaimerBegin Your Inventory Market Journey At this time!

One of many micro-cap transformer shares engaged within the manufacturing of energy and distribution transformers has surged by 2.39 p.c. The corporate lately secured two important orders from Tamil Nadu Technology and Distribution Company (TANGEDCO), valued at Rs. 20.07 crore. 

Inventory Value Motion

In Friday’s buying and selling session, Supreme Energy Tools Restricted’s share jumped to an intraday excessive of two.39 p.c from the earlier shut of Rs. 240.75. The inventory opened at Rs. 241 and is at present buying and selling at Rs. 241.75 with a excessive of Rs. 246.50 and a low of Rs. 230.50. The market capitalization now stands at roughly Rs. 602.29 crore. 

What Occurred

Supreme Energy Tools Restricted has acquired two important orders from Tamil Nadu Technology and Distribution Company (TANGEDCO). The primary order, price Rs. 12.81 crore, is for manufacturing and supplying energy transformers. 

The second order is valued at Rs. 7.26 crores and is thru Danya Electrical Firm, a partnership agency with a 90% shareholding by the corporate. Each orders are home and shall be executed inside 18 months. 

Future Outlook

Supreme Energy Tools Restricted anticipates sturdy progress within the second half of FY25, supported by a stable order guide and growing demand. The corporate plans to increase its operations to different states to reinforce its market presence whereas guaranteeing aggressive margins amidst business enlargement and rising competitors. 

Key Achievements

The corporate secured a major Rs. 26 crore order, bringing its complete order guide to Rs. 62 crore and marking its debut in switchyard building. It additionally earned a Rs. 3.4 crore contract for transformer refurbishment from Seshasayee Paper, reflecting its rising capabilities within the sector. 

Additionally learn…

New Developments

Supreme Energy Tools Restricted is establishing a brand new 6-acre facility, anticipated to grow to be operational by December 2025. This facility will improve manufacturing capability to 9,000 MVA yearly. With an funding of Rs. 70-75 crores, it’s projected to generate Rs. 500-550 crores in income at full capability. Development is at present 20%-30% full, with all vital approvals secured. 

Current Quarter Outcomes and Ratios

Supreme Energy Tools Restricted (SPEL) reported a 14.58% improve in income, rising from Rs. 48 crore in H1 FY24 to Rs. 55 crore in H1 FY25. The web revenue additionally grew by 16.67%, growing from Rs. 6 crore in H1 FY24 to Rs. 7 crore in H1 FY25. 

Transformers inventory jumps after receiving two orders price ₹20 Cr from TANGEDCO  

During the last three years, the corporate’s income and internet revenue have grown at a CAGR of 45.13% and 141.01%, respectively. 

The corporate has spectacular return ratios, with an ROCE of 37.2% and an ROE of 30.4%. Its debt-to-equity ratio is 0.03x, indicating it’s practically debt-free. Supreme Energy Tools Restricted’s EPS stands at Rs. 5.87. 

Firm Overview

Supreme Energy Tools Restricted (SPEL) was included in 1994 and specializes within the manufacturing and upgrading of transformers, together with energy transformers, generator transformers, and windmill transformers. 

Written By – Nikhil Naik

Disclaimer

The views and funding ideas expressed by funding specialists/broking homes/score companies on tradebrains.in are their very own, and never that of the web site or its administration. Investing in equities poses a threat of economic losses. Traders should due to this fact train due warning whereas investing or buying and selling in shares. Dailyraven Applied sciences or the writer will not be answerable for any losses prompted on account of the choice based mostly on this text. Please seek the advice of your funding advisor earlier than investing.


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