What drove the financial turnaround?

The UK business segment is the primary engine, accounting for more than 60% of total revenue.

Is the standalone business profitable?

No. The standalone business narrowed its net loss to ₹1.56 crore from ₹4.43 crore in the previous year.

Earnings · Electric Equipment · Micro cap

S&S Power Switchgear swings to profit as UK operations drive growth

Consolidated revenue hit ₹263.73 cr, a 43% jump from FY25, while the company added Martin Ansell as an independent director.

— 2 earlier stories on S&S Power Switchgear Ltd. →

S&SPOWER By Tipsheet Editorial 22 May 2026 · 9:46 PM IST Verify on BSE · NSE

Mkt cap₹467 cr

P/E46.20×

ROE0.00%

Debt / eq.0.36

₹10.11 cr Consolidated net profit for FY26, reversing a ₹1.78 cr loss.

What's new

Consolidated revenue climbed 43% to ₹263.73 cr for FY26.
UK business provides over 60% of total revenue.
Standalone operations narrowed net loss to ₹1.56 cr.

Why this matters

The company escaped the red, fueled by its UK segment. A ₹10.11 crore profit provides a firmer foundation for a nano-cap entity. It remains loss-making on a standalone basis.

What we're watching

Whether the UK segment maintains this pace in FY27.
The effect of the new board member on governance.
Further reduction of standalone operating losses.

The full read

S&S Power Switchgear turned a corner in FY26. The firm moved from a ₹1.78 crore loss in the previous year to a consolidated net profit of ₹10.11 crore.

Growth is the headline.

Performance was powered by a 43% surge in consolidated revenue to ₹263.73 crore, with the UK segment acting as the engine room by providing over 60% of total revenue while standalone operations narrowed their net loss to ₹1.56 crore from ₹4.43 crore a year ago. Martin Ansell joined the board as an independent director. For a nano-cap company, this shift to a double-digit profit is a meaningful departure from its prior trajectory. The open question is whether this UK-led growth can scale further or if the standalone business will remain a drag on the bottom line in FY27.

Questions answered

What drove the financial turnaround?: The UK business segment is the primary engine, accounting for more than 60% of total revenue.
Is the standalone business profitable?: No. The standalone business narrowed its net loss to ₹1.56 crore from ₹4.43 crore in the previous year.

Mentioned: S&S Power Switchgear · Martin Ansell · UK operations

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

S&S Power Switchgear Ltd.

Engineering & Capital Goods

₹452 cr

P/E 56.17×

Latest quarter · Mar 2026

Sales₹65 cr

Net profit₹2 cr

Op. margin+7.6%

EPS₹1.54

Strength & growth

Debt / equity0.36×

Current ratio1.27×

Sales CAGR+9.4%

Story so far

All notes on S&SPOWER →

22 May 2026 · 9:46 PM IST S&S Power Switchgear swings to profit as UK operations drive growth
57d ago S&S Power Switchgear swings to profit behind UK growth
57d ago S&S Power Switchgear swings to profit as UK operations fuel growth