Supreme Power Equipment Ltd
Supreme Power Equipment Ltd Q2 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Q2 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
FY 2026: Targeting around INR 200 crores, with existing capacity near full utilization and new plant starting commercial production in January 2026. The company expects a 30% to 40% growth in topline for FY27, targeting INR 200 to INR 280 crores revenue.
From Supreme Power Equipment Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- FY 2026: Targeting around INR 200 crores, with existing capacity near full utilization and new plant starting commercial production in January 2026.
- Q4 FY26: New capacity expected to contribute 10-20% utilization (approx. INR 25-30 crores revenue).
- FY 2027: Anticipated 30-40% growth, aiming for INR 280 crores in revenue.
- FY 2028-29: Full capacity utilization of new facility expected, with revenue reaching INR 500-600 crores annually.
- Long-term outlook: Demand for transformers is strong for the next 10 years globally. Capacity expansion decisions for further scaling expected post 2027-28 business evaluation.
- Focus on higher capacity power transformers (50 MVA to 160-315 MVA) to drive volume and revenue growth.
- Order pipeline between INR 600-700 crores with expected 10-15% vending rate supports sustained growth.
Profitability & Margins
See what Supreme Power Equipment Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Capacity expansion ongoing: New facility commercial production expected from January 2026, targeting 500-600 crores revenue in 2-3 years (FY '28-29).
- Total capex includes INR 100 crores for factory premise establishment.
- Expansion funded through loans (INR30-40 crores sanctioned, INR30 crores utilized), IPO proceeds, and internal accruals.
- Plans for backward integration (making transformer tanks) are under consideration but in early stages.
- Potential future capex decision expected around 2027-28 based on demand and utilization.
- Land procurement for expansion planned near existing setup; availability confirmed but pricing uncertain.
- Strategic focus on larger power transformers (up to 315 MVA) and geographic expansion beyond South India (e.g., Karnataka, Telangana).
- Export opportunities under evaluation with ongoing discussions but no finalized deals yet.
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Fundraising & Capital Structure
See what Supreme Power Equipment Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- Current order book value is around INR 235 crores (H1 FY26).
- Government orders constitute approximately INR 112 crores, including a INR 60 crores NLC order.
- Non-government orders account for about INR 123 crores.
- Order book breakup by product: Distribution transformers INR 53 crores, Power transformers INR 105 crores, Inverter duty transformers INR 76 crores.
- Execution timeline: 50-60% of the current order book expected to be executed in the current financial year; balance will carry over to next year.
- Bidding pipeline is high, with more than INR 600 crores worth of tenders and offers under consideration.
- Historical winning rate for bids is between 10% to 15%.
- New orders expected to increase after vendor approvals for new plant capacity.
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What Supreme Power Equipment Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Supreme Power Equipment Ltd Q2 FY26 results?
FY 2026: Targeting around INR 200 crores, with existing capacity near full utilization and new plant starting commercial production in January 2026. The company expects a 30% to 40% growth in topline for FY27, targeting INR 200 to INR 280 crores revenue.
What is Supreme Power Equipment Ltd share price analysis?
Supreme Power Equipment Ltd currently shows a neutral. The stock trades at a P/E of 25.6 with a market cap of ₹523 Cr. Investors should review the full earnings analysis for detailed insights.
Is Supreme Power Equipment Ltd planning capital expenditure?
Capacity expansion ongoing: New facility commercial production expected from January 2026, targeting 500-600 crores revenue in 2-3 years (FY '28-29).
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.