Supreme Power Equipment (SPEL) had an encouraging start to FY27! **Business Performance:** Q1 revenue surged 37.33% YoY to ₹48.31 Cr, powered by strong transformer demand.

Net profit grew 10.04% YoY to ₹4.90 Cr, with EPS at ₹1.96. Margins saw some moderation but remained healthy.

Entry into Maharashtra expanded geographic reach. **Growth Drivers:** SPEL is scaling up with a 3.5x capacity expansion to 9,000 MVA, targeting higher-value transformers (up to 200 MVA/220 kV) and leveraging product mix for margin growth.

Geographic expansion is a key focus. **Recent Developments:** The company secured 10 new orders worth ₹195.64 Cr this quarter, boosting the consolidated order book to a robust ₹590.06 Cr.

Operations at the new Kannur facility for high-capacity transformers commenced recently. **Management Outlook:** Management highlights the substantial order book provides excellent revenue visibility.

Focus is on timely execution and ramping up the new facility for sustainable, profitable long-term growth. #SPEL #Q1FY27 #Transformers