Supreme Power Equipment Ltd. · NSE:SUPREMEPWR
Supreme Power Equipment — Q3 FY25 Earnings Presentation
50 slides from Supreme Power Equipment's earnings presentation, Jan 25, 2025
Slide 1: NSE Regulation 30 filing letter
Date: 25.01.2025 To, National Stock Exchange of India Ltd. Exchange Plaza, 5th Floor, Plot No. C /1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai – 400 051, Maharashtra, India. Scrip Symbol: SUPREMEPWR Subject: Announcement under Regulation 30 of Securities and Exchange Board of India (Listin
Slide 2: 9M & Q3 FY25 Investor Presentation
Supreme Power Equipment Limited 9M & Q3 FY25 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the Presentation), which have been prepared by Supreme Power Equipment Limited (Supreme, SPEL, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securit
Slide 4: Q3 FY25 Operational & Financial Highlight
Q3 FY25 Operational & Financial Highlight
Slide 5: Q3 FY25 Operational Highlights: Kerala vendor approval
Q3 FY25 Operational Highlights SPEL, has been officially approved as a vendor by the Kerala State Electricity Board The approval unlocks opportunities to serve Kerala State Electricity Board Local governing bodies Licensed contractors Private buyers Aligned with Kerala's Power Infrastructure Goals •
Slide 6: Q3 FY25 Operational Highlights: New orders
Q3 FY25 Operational Highlights Secured Significant ₹ 15.95 Cr Domestic Order Worth ₹ 2.72 Cr from Prominent Tea Secured Order Worth ₹ 57.96 Lakh from the Order Estate in Munnar, Kerala Department of Electricity, Lakshadweep Scope of Project: Scope of Project: Scope of Project: Design, manufacturing,
Slide 7: Q3 FY25 Operational Highlights: Order and credit rating
Q3 FY25 Operational Highlights Secured New Domestic Order Worth Credit Rating Assigned By CRISIL ₹ 3.63 Cr From TRANTRANSCO Long-Term Facilities CRISIL BBB-/Stable Short-Term Facilities Scope of Work CRISIL A3 Manufacturing, supply, and erection of power transformers Execution Timeline Approximately
Slide 8: Management Commentary On 9M & Q3 FY25 Financial Performance
Management Commentary On 9M & Q3 FY25 Financial Performance Mr. Vee Rajmohan Chairman And Managing Director We are delighted to report strong growth in our 9M and Q3 FY25 results, marked by double-digit growth in total income. This performance has been driven significantly by the strong demand for s
Slide 9: Q3 FY25 Standalone Financial Highlights
Q3 FY25 Standalone Financial Highlights Total Income EBITDA EBITDA Margin Net Profit Net Profit Margin 3.50 14 5.00 22.00 13.16 19.93 30.22 3.40 4.90 12 10.50 3.30 15.73 17.00 4.80 4.75 3.20 3.17 10 22.18 4.70 3.10 12.00 8 3.00 4.60 2.92 6 7.00 2.90 4.50 4.42 2.80 4 4.40 2.00 2.70 2 4.30 2.60 4.20 -
Slide 10: 9M FY25 Standalone Financial Highlights
9M FY25 Standalone Financial Highlights Total Income EBITDA EBITDA Margin Net Profit Net Profit Margin 14 18.95 20.00 13.11 86.96 17.50 18.00 11.89 12 15.21 16.00 10.34 71.60 13.57 10 14.00 9.39 12.00 8 10.00 6 8.00 6.00 4 4.00 2 2.00 0.00 0 9M FY24 9M FY25 9M FY24 9M FY25 9M FY24 9M FY25 All Figure
Slide 11: 9M & Q3 FY25 Financial Highlights - Standalone
9M & Q3 FY25 Financial Highlights - Standalone In ₹ Cr Particulars Q3 FY25 Q3 FY24 Y-O-Y 9M FY25 9M FY24 Y-O-Y Revenues 27.52 21.63 82.35 69.93 Other Income 2.70 0.55 4.61 1.67 Total Income 30.22 22.18 36.25% 86.96 71.60 21.44% Raw Material Expenses 23.14 14.50 63.96 52.59 Employee costs 0.84 0.58 2
Slide 12: 9M & Q3 FY25 Financial Highlights - Consolidated
9M & Q3 FY25 Financial Highlights - Consolidated In ₹ Cr Particulars Q3 FY25 Q3 FY24 Y-O-Y 9M FY25 9M FY24 Y-O-Y Revenues 29.11 23.70 87.24 76.28 Other Income 2.27 0.07 2.74 0.09 Total Income 31.37 23.77 32.00% 89.98 76.36 17.84% Raw Material Expenses 23.56 15.06 64.21 54.21 Employee costs 0.89 0.64
Slide 13: Company Overview
Company Overview
Slide 14: Supreme Power Equipment @ Glance
Supreme Power Equipment @ Glance Supreme Power Equipment Limited, a Tamil Nadu-based company originally founded as a partnership firm in 1994 under the name “Supreme Power Equipments” and later incorporated as company under the name "Supreme Power Equipment Private Limited" in 2005. SPEL has been op
Slide 15: Key Facts
Key Facts 3 28+ 17,000+ Decades Of Experience Sector Served Units Manufactured & Supplied FY24 (Consol) ₹ 90 Cr+ CRISIL BBB-/Stable Total Revenue ₹113.46 Cr Order Book Long Term Rating EBITDA ₹23.33 Cr PAT ₹14.30 Cr 14 Investor Presentation
Slide 16: A Timeline Of Supreme Power Equipment
A Timeline Of Supreme Power Equipment 2024 2025 Started focusing on Larger power The company got approved as A vendor for Transformers & diversified into Construction Kerala state electricity board expanding its and commissioning of Switchyard. presence in the region 2023 The company transitioned fr
Slide 17: Ensuring Excellence, Certifying Quality
Ensuring Excellence, Certifying Quality The Company holds ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications. The Quality Management System of the company has been certified by TUV/QACS. Additionally, CPRI ("Central Power Research Institute") has conducted type testing on the company's
Slide 18: State Of The Art Manufacturing Facilities
State Of The Art Manufacturing Facilities Core Building Winding Machine Shearing Machine Manufacturing Bay Transformer Production Testing RTCC Panel Assembly Ready for Dispatch 17 Investor Presentation
Slide 19: SPEL's Transformative Expansion Project
SPEL’s Transformative Expansion Project SPEL is undergoing a transformative expansion Expansion Overview: to develop a state-of-the-art facility, enhancing Facility Size: 6 acres production capacity, broadening market reach, Timeline: Fully operational by Dec 2025; and unlocking new business opportu
Slide 20: Ensuring Excellence, Certifying Quality
Ensuring Excellence, Certifying Quality 19 Investor Presentation
Slide 21: SPEL's Pillars Of Success
SPEL’s Pillars Of Success Contracts Organized Experienced Wide Highly crafted Cordial Capable Well-equipped Quality from and focused and Strong product and well- relations with Technical manufacturing assurance governments marketing Management portfolio engineered our customers Personnel facilities
Slide 22: Business Overview
Business Overview
Slide 23: Engineered Excellence: A Spectrum Of Transformers
Engineered Excellence: A Spectrum Of Transformers Manufactured By SPEL Power Transformer Generator Transformer Windmill Transformer Power transformers are vital components Generator transformers are vital components in Windmill transformers play a vital role in ensuring in electrical power systems,
Slide 24: Engineered Excellence: A Spectrum Of Transformers
Engineered Excellence: A Spectrum Of Transformers Manufactured By SPEL Distribution Transformer Isolation Transformer Solar Transformer Distribution transformers are vital Isolation transformers are essential for electrical Solar transformers are critical components in components in the electrical d
Slide 25: Engineered Excellence: A Spectrum Of Transformers
Engineered Excellence: A Spectrum Of Transformers Manufactured By SPEL Energy Efficient Transformer Converter And Rectifier Transformer Tanks & Accessories Of Transformers Energy-efficient transformers are designed to Converter transformers and rectifier transformers Oil Cooled Transformers are desi
Slide 26: Product Wise Revenue Bifurcation
Product Wise Revenue Bifurcation In % FY24 FY23 FY22 2% 5% 6% 7% 50% 40% 55% 42% 92% Distribution Transformer and Energy Efficient Transformer Power Transformers Solar Transformers In ₹ Cr Particulars FY24 FY23 FY22 Distribution Transformer and Energy Efficient Transformer 54.02 41.19 43.01 Power Tr
Slide 27: Recent Order Acquisitions
Recent Order Acquisitions Received ₹3.41 Cr contract from Seshasayee Paper and Boards Secured an contract worth ₹26 Cr from a solar energy company Limited Scope of Work: Scope of Work: Refurbishment of existing power and distribution transformers. Replacement of old Supplying Transformers & Construc
Slide 28: Management Overview
Management Overview
Slide 29: Board Of Directors
Board Of Directors o He has delved deep into the intricacies of electrical transformers, manufacturing, and applications. Vee Rajmohan o With an extensive and storied career, he has gone beyond the drawing board, overseeing the manufacturing process and ensuring Chairman And adherence to stringent i
Slide 30: Industry Overview
Industry Overview
Slide 31: Energizing the Globe: Transformer Market's Global Rise
Energizing the Globe: Transformer Market's Global Rise Transformers Market Size (USD Bn) 124.19 o The global transformers market size is calculated at USD 63.13 billion in 2024 and is estimated to be worth around USD 124.19 billion by 2034, growing at a CAGR of 7% between 2024 and 2034. CAGR>7% o La
Slide 32: Empowering India's Future: Transforming The Transformer Industry
Empowering India's Future: Transforming The Transformer Industry Indian Transformer Market Size India Transformer Market (USD Bn) o The Indian power and distribution transformer market was valued at around USD 3.97 billion in 2023. It is expected to grow to around USD 8.41 billion by 2030, with a co
Slide 33: Empowering India's Grid: Transformer Market Thrives In 2023-24
Empowering India's Grid: Transformer Market Thrives In 2023-24. Capacity Augmentation Boosts Demand Attractive Opportunities India's power generation target is estimated to be 1,750 BUs in FY24, up from In the Budget for 2024, the government's power sector initiatives have been 1,624.15 BUs of actua
Slide 34: Power Sector Growth: Opportunities for Supreme Power Equipment
Power Sector Growth: Opportunities for Supreme Power Equipment Limited Total Generation in India (BU) 1739 1624 1492 o India is the third-largest producer and consumer of electricity, with an 1389 installed capacity of 446.18 GW as of June 2024. 1234 o Renewable energy contributions include 85.47 GW
Slide 35: India's Power Substation Expansion Plan
India's Power Substation Expansion Plan • As of 31st March 2022, the country had a total of 39,965 power substations (66/11 kV, 33/11 kV, and 22/11 kV) with an installed capacity of 4,82,810 MVA. • Between 2022-23 and 2029-30, it is planned to add 12,192 new substations, resulting in a capacity incr
Slide 36: Financial Overview
Financial Overview
Slide 37: Standalone Financial Highlights
Standalone Financial Highlights Total Income EBITDA EBITDA Margin PAT PAT Margin 16 109.96 13.89 14.00 14 19.94 20.03 12.73 12 18.21 10.82 77.90 15.54 10 8 46.71 6 7.39 4 3.44 1.11 2 0.52 0 FY22 FY23 FY24 FY22 FY23 FY24 FY22 FY23 FY24 All Figures In ₹ Cr & Margin In % 36 Investor Presentation
Slide 38: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement In ₹ Cr Particulars FY24 FY23 FY22 Revenues 107.18 75.53 46.60 Other Income 2.78 2.37 0.10 Total Income 109.96 77.90 46.71 Raw Material Expenses 82.83 58.02 41.38 Employee costs 1.91 1.00 0.69 Other expenses 5.19 3.34 1.09 Total Expenditure 89.93 62.36 43.16 EBITDA
Slide 39: Standalone Balance Sheet
Standalone Balance Sheet In ₹ Cr Equities & Liabilities FY24 FY23 FY22 Assets FY24 FY23 FY22 Equity 24.99 3.96 3.96 Non Current Assets Reserves 48.91 14.10 3.27 Fixed assets 20.95 2.60 2.73 Net Worth 73.90 18.06 7.23 Non Current Investments 13.77 2.31 0.10 Non Current Liabilities Other Non Current F
Slide 40: Standalone Cash Flow Statement
Standalone Cash Flow Statement In ₹ Cr Particulars FY24 FY23 FY22 Cash from Operation (6.28) 4.85 (1.31) Cash from Investments (31.52) (2.22) 0.08 Cash from Financing 37.78 (2.92) (1.14) Net Cash Flow (0.02) (0.29) (2.37) 39 Investor Presentation
Slide 41: Standalone Key Ratios
Standalone Key Ratios In % In % ROE ROCE 59.94 58.52 39.37 24.71 18.95 7.16 FY22 FY23 FY24 FY22 FY23 FY24 In Time In Time Debt to Equity Interest Coverage 10.54 1.34 9.42 0.45 1.28 0.08 FY22 FY23 FY24 FY22 FY23 FY24 Note: Figures are post IPO 40 Investor Presentation
Slide 42: Standalone Key Ratios
Standalone Key Ratios In Time In Time Trade Receivables Turnover Current Ratio 3.08 2.77 2.06 1.54 1.87 1.31 FY22 FY23 FY24 FY22 FY23 FY24 In ₹ In ₹ Book Value EPS 45.62 27.34 29.57 18.39 5.60 0.29 FY22 FY23 FY24 FY22 FY23 FY24 Note: Figures are post IPO 41 Investor Presentation
Slide 43: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement In ₹ Cr Particulars FY24 FY23 Revenues 113.46 99.76 Other Income 0.13 0.15 Total Income 113.59 99.91 Raw Material Expenses 81.36 76.05 Employee costs 2.43 1.36 Other expenses 6.47 4.19 Total Expenditure 90.26 81.60 EBITDA 23.33 18.31 Finance Costs 3.20 2.67 Depre
Slide 44: Consolidated Balance Sheet
Consolidated Balance Sheet In ₹ Cr Equities & Liabilities FY24 FY23 Assets FY24 FY23 Equity 24.99 3.96 Non Current Assets Reserves 48.91 14.10 Fixed assets 24.67 4.63 Non Controlling Interests 3.38 3.55 Non Current Investments 0.00 0.00 Net Worth 73.90 18.06 Other Non Current Financial Assets 0.00 0
Slide 45: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement In ₹ Cr Particulars FY24 FY23 Cash from Operations (13.94) 5.25 Cash from Investments (22.16) 0.23 Cash from Financing 30.61 (0.37) Net Cash Flow (5.49) 5.11 44 Investor Presentation
Slide 46: Revenue Bifurcation
Revenue Bifurcation In % FY24 FY23 FY22 19.78 34.93 40.59 59.41 65.07 80.22 Govt Others In ₹ Cr Particulars FY24 FY23 FY22 Government Tenders 37.44 44.87 37.39 Other Than Government Tenders 69.73 30.66 9.22 Total 107.17 75.53 46.60 45 Investor Presentation
Slide 47: Top Ten Customers Contribution
Top Ten Customers Contribution In % FY24 FY23 FY22 12.08 20.31 17.26 79.68 82.74 87.92 Top 10 Clients Others In ₹ Cr Particulars FY24 FY23 FY22 Top 10 Customers 85.40 64.45 41.07 Other Customers 21.77 11.08 55.37 Total 107.17 75.53 46.60 46 Investor Presentation
Slide 48: Stock Data
Stock Data As On 23-01-2025 As On 30-09-2024 NSE: SUPREMEPWR Share Holding Pattern Share Price (₹) 215.00 43% Market Capitalization (₹ Cr) 537.31 Promoter & Promoter No. of Shares Outstanding 2,49,91,135 Group Public Face Value (₹) 10.00 57% 52 week High-Low (₹) 420.00 / 101.30 Share Performnce From
Slide 49: Investment Rationale
Investment Rationale With a strong order book valued at around ₹ 62 Cr, Supreme Power Equipment enjoys consistent demand for its products and services. SPEL is undertaking a major expansion project, with a 6-acre facility set to increase its manufacturing capacity from 2,500 MVA to 9,000 MVA per yea
Slide 50: Thank You
Thank You Supreme Power Equipment Limited Kirin Advisors Private Limited No.55, Sidco Industrial Estate, Thirumazhisai, 713-B, Lodha Supremus II, Wagle Estate, Chennai — 600 124. Tamil Nadu, India Thane (W) – 400 604, Mumbai, India Phone: +91 94442 37858 Phone: +91 022 4100 2455 E-mail: info@supreme
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