{"id":34815,"date":"2024-06-07T14:16:31","date_gmt":"2024-06-07T08:46:31","guid":{"rendered":"https:\/\/jodhpurreporter.com\/index.php\/2024\/06\/07\/supreme-power-equipments-fy24-consolidated-total-income-rises-to-rs-113-59-cr-while-ebitda-margin-up-221-bps-to-20-54-percent\/"},"modified":"2024-06-07T14:16:31","modified_gmt":"2024-06-07T08:46:31","slug":"supreme-power-equipments-fy24-consolidated-total-income-rises-to-rs-113-59-cr-while-ebitda-margin-up-221-bps-to-20-54-percent","status":"publish","type":"post","link":"https:\/\/jodhpurreporter.com\/index.php\/2024\/06\/07\/supreme-power-equipments-fy24-consolidated-total-income-rises-to-rs-113-59-cr-while-ebitda-margin-up-221-bps-to-20-54-percent\/","title":{"rendered":"Supreme Power Equipment\u2019s FY24 Consolidated Total Income Rises To Rs 113.59 Cr while EBITDA Margin Up 221 BPS to 20.54 Percent"},"content":{"rendered":"
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Mumbai (Maharashtra) [India], June 7:<\/strong> Supreme Power Equipment Limited\u00a0(NSE \u2013 SUPREMEPWR), one of the leading players in the power and distribution transformer manufacturing industry, announced its Audited Financial Results for H2 FY24 & FY24.<\/p>\n

Key Financial Highlights (Consolidated)<\/strong><\/p>\n

H2 FY24<\/strong><\/p>\n

\n\n\n\n\n\n\n\n\n
Particulars (<\/a>\u20b9\u00a0Cr)<\/td>\nH2 FY24<\/td>\nH1 FY24<\/td>\nHoH change<\/td>\n<\/tr>\n
Total Income<\/td>\n60.99<\/td>\n52.59<\/td>\n15.97%<\/td>\n<\/tr>\n
EBITDA<\/td>\n12.94<\/td>\n10.39<\/td>\n24.55%<\/td>\n<\/tr>\n
EBITDA (%)<\/td>\n21.21%<\/td>\n19.75%<\/td>\n146 BPS<\/td>\n<\/tr>\n
PAT<\/td>\n7.71<\/td>\n6.59<\/td>\n17.00%<\/td>\n<\/tr>\n
PAT Margin (%)<\/td>\n12.64%<\/td>\n12.53%<\/td>\n11 BPS<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

FY24<\/strong><\/p>\n

\n\n\n\n\n\n\n\n\n
Particulars (\u20b9\u00a0Cr)<\/td>\nFY24<\/td>\nFY23<\/td>\nYoY change<\/td>\n<\/tr>\n
Total Income<\/td>\n113.59<\/td>\n99.91<\/td>\n13.69%<\/td>\n<\/tr>\n
EBITDA<\/td>\n23.33<\/td>\n18.31<\/td>\n27.43%<\/td>\n<\/tr>\n
EBITDA (%)<\/td>\n20.54%<\/td>\n18.32%<\/td>\n221 BPS<\/td>\n<\/tr>\n
PAT<\/td>\n14.30<\/td>\n11.08<\/td>\n29.05%<\/td>\n<\/tr>\n
PAT Margin (%)<\/td>\n12.59%<\/td>\n11.09%<\/td>\n150 BPS<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

Key Operational Highlights<\/strong><\/p>\n

\n\n\n\n\n
Secured New Orders\u00a0<\/td>\n\u00a0 Secured order worth of\u00a0\u20b910.27 Cr for supply of 160 units of 250 KVA Transformers Secured orders worth of\u00a0\u20b99.10 Cr from Government Entities\u00a0 Secured orders worth of\u00a0\u20b93.31 Cr from Private Entities.<\/td>\n<\/tr>\n
Received a positive rerating from ICRA Limited<\/td>\nLong-term rating: ICRA BB+ (Stable) Short-term rating: ICRA A4+<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n

Commenting on the performance, Mr. Vee Rajmohan, Chairman and Managing Director of Supreme Power Equipment Limited said, \u201cWe are pleased to report impressive financial performance for FY24 and H2FY24, with double-digit growth in both top line and bottom line, and an improvement in EBITDA margin to ~21%. This achievement is driven by strong demand from the power sector, strategic focus on supplying power transformers, innovation, and stringent cost control measures.<\/p>\n

In response to the expanding power industry, bolstered by government initiatives, we are increasing our production capacity from 2,500 MVA to 9,000 MVA. This expansion will be housed in a new 150,000 sq ft facility, expected to be operational by Q1 FY26.<\/p>\n

Looking ahead, we aim to focus on high-margin, large power transformers and explore opportunities in the wind and solar segments, positioning the company for sustained future growth.\u201d<\/p>\n

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.<\/em><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], June 7: Supreme Power Equipment Limited\u00a0(NSE \u2013 SUPREMEPWR), one of the leading players in the power and distribution transformer manufacturing industry, announced its Audited Financial Results for H2 FY24 & FY24. Key Financial Highlights (Consolidated) H2 FY24 Particulars (\u20b9\u00a0Cr) H2 FY24 H1 FY24 HoH change Total Income 60.99 52.59 15.97% EBITDA 12.94 […]<\/p>\n","protected":false},"author":1,"featured_media":34816,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[631],"class_list":["post-34815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/jodhpurreporter.com\/index.php\/wp-json\/wp\/v2\/posts\/34815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jodhpurreporter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jodhpurreporter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jodhpurreporter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jodhpurreporter.com\/index.php\/wp-json\/wp\/v2\/comments?post=34815"}],"version-history":[{"count":0,"href":"https:\/\/jodhpurreporter.com\/index.php\/wp-json\/wp\/v2\/posts\/34815\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jodhpurreporter.com\/index.php\/wp-json\/wp\/v2\/media\/34816"}],"wp:attachment":[{"href":"https:\/\/jodhpurreporter.com\/index.php\/wp-json\/wp\/v2\/media?parent=34815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jodhpurreporter.com\/index.php\/wp-json\/wp\/v2\/categories?post=34815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jodhpurreporter.com\/index.php\/wp-json\/wp\/v2\/tags?post=34815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}