S&S POWER SWITCHGEARS LTD

Makes power transmission switchgear equipment, principally isolators and high-voltage disconnectors, serving power utilities and EPC contractors through manufacturing operations in India and the UK. Two reportable segments make up the business: an India segment at 41.1% of segment revenue (Rs 110.397 crore) covering products sold domestically, and a UK segment at 58.9% (Rs 158.4431 crore) routed through the UK subsidiary Acrastyle Ltd. The India segment generated segment EBIT of Rs 4.8343 crore against the UK segment's Rs 0.7751 crore in the period. Recent order wins include a purchase order from Siemens Energy India worth over Rs 8 crore to supply isolators for the KCC Wagdari project in Maharashtra, an international order from Egypt, and the grant of a patent for a 765 kV disconnector. Materials are the largest cost line at 68.3% of revenue, followed by employee costs at 19.4% and other operating expenses at 10.1%. The company has six subsidiaries including overseas UK operations, with Phase-I capacity expansion completed and a stated plan to double FY25 revenue by FY28.