Electric Equipment
60 recent notes from companies in this sector. 20 companies tracked.
Accord Transformer wins Aditya Birla Renewables vendor approval
The nano-cap can now bid for solar, wind, and hybrid projects from a blue-chip renewable developer. No order value attached yet.
Jyoti lands ₹9.52 cr pump order from Megha Engineering
The order is worth 6.9% of market cap and provides near-term revenue visibility, though the company's fundamentals remain weak with negative net worth and declining sales.
CG Power's OSAT JV begins commercial chip production in Gujarat
G1 facility in Sanand can produce up to **300 million chips per year**; total five-year investment of **₹7,600 crore** for two OSAT plants.
Accord Transformer spends ₹10.67 cr on Rajasthan land for expansion
The nano-cap transformer maker allocates 9% of its market cap and half its idle IPO cash to a 20,300 sqm land parcel, betting on EV charging infrastructure demand.
Quality Power bags ₹40.9 cr order from Japan
Via step-down subsidiary Endoks; execution by Dec 2027. At just ~4% of FY26 revenue, the win adds incremental visibility but lacks the heft to move estimates.
GRE Renew grabs ₹17.75 cr solar EPC order, 15% of FY26 revenue
Turnkey project from Standard Solar adds 5.24 MW DC capacity and boosts nano-cap's order book by nearly a sixth of last year's top line.
Jyoti posts FY26 profit but net worth stays negative
Standalone net profit of ₹17.78 cr on revenue of ₹276.53 cr; borrowings of ₹209.25 cr exceed market cap of ₹148 cr. Q4 profit ₹2.87 cr. Revised auditor reports unmodified after BSE observation.
Solarium's order book hits ₹852 cr, more than double its market cap
The nano-cap solar EPC player's order book surged from ~₹300 cr to ₹852.28 cr in months, with ground-mounted utility projects leading the shift.
GRE Renew lands ₹175 cr solar EPC order, 70%+ of its market cap
A single 50 MW AC turnkey order from Solarium Green Energy transforms the nano-cap EPC player's book. It exceeds the entire FY26 revenue and dwarfs prior wins.
Apar Industries board approves ₹2,500 cr fundraise
The company will raise up to ₹2,500 crore via QIP, rights issue, or preferential allotment, about 3.9% of market cap. Proceeds likely fund the ₹1,500 crore capex plan announced earlier this month.
Suzlon bags first customer for new 5 MW turbine two weeks after launch
Sunsure Energy orders 105 MW from the S175 platform, taking the cumulative partnership to 400.8 MW in under 14 months.
Engineers India gets a permanent CMD, ending interim charge
Atul Gupta, the company's commercial director, takes over as chairman and managing director until September 2029, replacing an additional secretary from the petroleum ministry who held the additional charge.
Accord Transformer lands ₹20 cr wind turbine transformer order
The order from a leading EPC player for a Gadag-1 wind project is worth roughly 28% of annual revenue. Completion within five months.
Mangal Electrical buys ₹8 cr land in Sikar for capacity expansion
Micro-cap electric equipment maker acquires 1.43-hectare plot for ₹8 crore in cash to expand manufacturing capacity.
Accord Transformer lands UGVCL empanelment for Gujarat utility tenders
Five-year vendor registration from Uttar Gujarat Vij Company opens a new state market after factory inspection. No order yet, but the move diversifies the ₹112 cr nano-cap's customer base.
Apar Industries board to weigh fundraise after ₹1,500 cr capex plan
The board meets June 30 to consider equity-linked instruments including QIP and rights issue. No quantum disclosed yet, but the timing follows a record year and a big capex announcement.
Engineers India signs MoU with Hindustan Copper for mining consultancy
Non-binding agreement covers copper, critical minerals, rare earths; no financial terms or project commitments disclosed.
Sparc Electrex's FY26 loss widens to ₹44.62 cr as revenue collapses
Auditors flagged unsupported write-offs of ₹2.31 cr in inventory; the company's bank account remains frozen by the Income Tax Department.
Sparc Electrex loss deepens to ₹44.62 cr as revenue vanishes
Auditor qualifies opinion on unsupported write-offs; bank account frozen, cash at ₹24.8 lakh. Loss triples from ₹15.20 cr in FY25.
CRISIL upgrades TD Power Systems to AA-/Stable, A1+
One-notch upgrade covering **₹488 cr** of bank facilities validates strong financials and near-zero debt. Stable outlook points to sustained performance.
HPL transcript confirms growth trajectory, smart meter TAM expands
Management reiterates ₹1,000 cr C&I revenue target for FY27 and notes government extended smart meter deadline to March 2028, raising TAM to 31-32 crore units.
Yash Highvoltage raises ₹151 cr, upsizes earlier guidance
Preferential issue to top institutional investors dwarfs the ₹100-110 cr flagged in May, adding 6.3% to equity base. Funds likely for new RIP facility and working capital.
Apar Industries locks in base oil supply from Aramco subsidiary
Apar's Saudi subsidiary signs a supply agreement with Luberef for feedstock at the new LubeHub Value Park in Yanbu, tying manufacturing expansion to local content goals.
Vilas Transcore targets ₹750 cr in FY26, triples CRGO capacity
FY25 revenue of ₹461 cr and PAT of ₹40 cr form the base; management eyes 62% growth with capacity tripling to 36,000 MT and 45-50% volume growth in FY27. PGCIL approval is the near-term catalyst.
HPL targets ₹1K cr C&I revenue as smart meter market widens
Record Q4 revenue above ₹500 cr followed by an aggressive FY27 C&I target of ₹1,000 cr. Smart meter TAM jumps to 31-32 crore units with a March 2028 deployment deadline.
Modulex raises ₹45.75 cr via warrant conversion, a third of its market cap
The pre-revenue construction tech company converts 3.39 crore warrants into equity, funding Phase I of its Maharashtra factory. The cash infusion equals 40% of its market cap, but existing shareholders face 30% dilution.
Prostarm relocates servo stabilizer, lithium battery units
The micro-cap electric equipment maker moves two operations accounting for about 7.89% of revenue, but gives no cost or capacity figures.
Inox Wind lands 1,500 MW group MoU, potential order book swells to 4.6 GW
The non-binding pact under the INOXGFL Group's integrated renewable strategy could add several thousand crore rupees to Inox Wind's pipeline. Execution risk remains as it involves a related party.
Schneider Infra says parent-Foxconn AI deal doesn't involve it
The listed entity distanced itself from a tie-up that drove its stock up 10% on Monday, triggering an upper circuit and exchange queries.
RMC Switchgears grew revenue 26% but profit fell 27% in FY26
Revenue crossed ₹401 crore, but net profit slipped to ₹22.42 crore, hit by Q3 project delays and supply chain snags. Order book at ₹850 crore provides visibility; PulseBox reaches tender stage.
Indobell lands ₹5.1 cr order from Skoda Power, 33% of FY26 revenue
The nano-cap insulation maker wins a domestic order worth nearly a third of last year's sales, offering a near-term revenue boost after a 63% profit drop.
Indobell lands USD 82,170 GE order, 4.4% of revenue
Nano-cap insulation maker wins another order from GE Vernova, continuing a steady relationship. The order equals 4.4% of annual revenue but comes amid a 39% revenue drop.
Schneider Electric President Systems gets BSE main board listing nod
The nano-cap firm moves from Metropolitan Stock Exchange to BSE's main board, a more liquid platform. But no fresh capital comes in.
RMC cuts its Pulse Box market size by 64% and extends order book timelines
Management now sees a ₹50,000 crore addressable market for the IoT solution, not the ₹1.4 lakh crore it cited earlier. Order delivery windows are stretching to two years.
Solarium gets ministry nod as second-biggest installer under PM Surya Ghar
MNRE ranked Solarium Green Energy the No. 2 vendor for residential rooftop solar installations under the government's flagship scheme.
Affordable Robotic swings to EBITDA profit, but loses control of key subsidiary
Revenue dropped 29% as the company chased margins over volume, while a ₹48 cr external investment in its warehouse subsidiary cuts the parent's stake below 50%.
RNIT AI wins Andhra Pradesh orders to expand its education platform
Two new work orders from SBTET A.P. add examination and affiliation modules to an existing digital portal, with a three-year maintenance tail.
Quality Power signs ₹315 cr term sheet for Winwin Insulators
The deal, at 3.5% of market cap, would add a high-voltage ceramic and polymeric insulator plant with capacity up to 1200 kV. It's non-binding.
Rulka cuts debt 45%, now chasing ₹50-70 cr projects
FY26 revenue rose 38% to ₹110 cr and net profit jumped 46% to ₹3.29 cr. The ₹90 cr capital raise is to fund the pivot to bigger jobs.
Solarium's income hit ₹368 cr. Its margin thesis rests on a new factory.
Revenue jumped 60% in FY26 as the company built a 1.2 GW plant and shifted project mix to fix working capital.
Apar Industries plans ₹1,500 cr capex after record ₹22,902 cr revenue year
The electricals maker is betting on data-center and international demand after its largest-ever revenue year.
Lakshmi Electrical faces ₹5.50 cr GST demand — missed in a spam folder for a month
The combined tax bill is 4.6x the company's FY26 net profit. The notices sat unread in a spam folder until June 2.
Atlanta lands ₹285 cr power-transformer order from Punjab utility PSTCL
The order for 23 transformers is worth 15.4% of last year's revenue. It's the biggest single win from a repeat client since 2018.
GRE Renew flips on 9.67 MW Gujarat solar projects funded by its IPO.
The nano-cap commissioned two ground-mounted projects in Sabarkantha on May 27. They were a core object of its public offering.
Affordable Robotic missed its ₹160 cr guidance and is losing control of ARPL Raas
Standalone revenue hit ₹110 cr, not the ₹160 cr guided. A ₹48 cr investment will push the company's stake in its key subsidiary below 50%.
Siemens' post-results call adds little beyond prior disclosures
The Q4 FY26 earnings transcript is a backward-looking record of a live event. It elaborates on audited results and previous announcements without new price-moving information.
Accord Transformer guides ₹120-180 cr revenue for FY27, anchored to a ₹1,600 cr LOI
A 60-80% revenue jump hinges on a single letter of intent for a national EV charging network.
Suzlon plans quadruple sales by FY31, enters battery storage
The wind-turbine maker's five-year roadmap targets 10 GW in annual sales, a storage factory by 2027, and 40% of India's domestic wind market.
Inox Wind missed its own guidance. The transcript just confirms it.
FY26 revenue landed at ₹4,600 cr, not the ₹5,000 cr the company had promised. Now it's chasing 75% growth.
Inox Green targets ₹600 cr EBITDA in FY27; transcript adds nothing
The Q4 FY26 earnings call transcript is an archival record. The forward guidance was already absorbed by the market.
Supreme Power's order book is worth more than the company itself.
FY26 revenue hit ₹182 crore. The ₹588 crore order book is now 98% of its ₹586 crore market cap, and management is chasing ₹300 crore in FY27.
Suzlon delivered record turbines but missed its own market-share goal by half
Record 2,456 MW in FY26 deliveries drove a 54% revenue jump to ₹16,679 crore. The catch: management commissioned just 744 MW against a 1,500 MW market-share target.
Hitachi Energy's ₹2,000 cr Vadodara bet is a bet on India's data-center boom
The company's record order backlog of ₹29,555 crore underpins the expansion. Management sees data-center demand growing six to nine times.
SEBI hits Suzlon with ₹28.95 crore penalty for legacy misstatements
Regulators overturned a previous discharge order regarding financial reporting from FY2013-18. The company plans to appeal.
Safety Controls profit jumps 89% on 14% revenue growth
Net profit nearly doubled to ₹14.42 crore in FY26 as the nano-cap maker's margins expanded alongside higher revenue.
Solarium's revenue jumped 60% but profit barely moved
Top-line growth of ~60% to ₹368 cr barely touched the bottom line, with net profit up only ~10%. The margin squeeze is the story.
Accord Transformer's IPO cash sits idle while profit falls 24%
The nano-cap has spent just a fraction of its ₹25.59 crore IPO proceeds. Revenue dropped 11% and net profit shrank 24% in its first full year as a listed company.
RMC Switchgears grew revenue 26% but profit fell 27% in FY26
A ₹401.59 crore top line came with a ₹22.42 crore net profit, a sharp margin squeeze for the nano-cap.
Mangal Compusolution posts 35% revenue growth, declares its first dividend post-IPO
The nano-cap IT equipment firm reported ₹34.02 cr in revenue and a ₹0.50 per share final dividend for FY26.
Accord Transformer's first results since listing: profit down 24%, IPO cash idle
The nano-cap's first full-year results show revenue fell 11% and 80% of the ₹25.59 crore IPO raise remains unspent.