Synopsis: Susan Electricals India Ltd surged 17% after reporting 2.5x Q1 FY27 growth, with revenue rising 254% YoY to ₹95.36 crore. The company holds a ₹292 crore order pipeline, is expanding cable manufacturing capacity, and aims to benefit from rising demand in power infrastructure, railways, defence, and grid modernization sectors.
The shares of the Micro-cap company, which specializes in manufacturing a wide range of aluminium and copper-based electrical wires, cables, and conductors, are in focus after rallying 17 percent following its announcement of delivering 2.5x growth in Q1 FY27 performance.
With a market capitalization of Rs. 498.21 crores in the day’s trade, the shares of Susan Electricals India Ltd rose upto 17 percent, making a high of Rs. 251.50 per share compared to its previous closing price of Rs. 215.60 per share.
What Happened
Susan Electricals India Limited reported a strong performance in Q1 FY27, with revenue rising 254.06% year-on-year to Rs. 95.36 crore compared to Rs. 26.94 crore in Q1 FY26. The growth was driven by strong order execution, expanding customer relationships, and enhanced manufacturing capabilities.
Following its successful listing on the BSE SME Platform on 18 June 2026, Susan Electricals has strengthened its corporate profile and positioned itself to benefit from the rising demand for aluminium conductors, wires, cables, and allied electrical products.
Robust Order Book Visibility
The company has built a strong order visibility of approximately Rs. 292 crore, comprising an unexecuted order book of Rs. 142.39 crore and an active order pipeline of Rs. 150 crore. The current order book is expected to be executed over the next three months, providing healthy near-term revenue visibility.
With a robust business pipeline, strong execution capabilities, and continued focus on operational excellence, the company remains well placed for sustainable growth and long-term value creation for stakeholders.
Key Growth Priorities:
Expand Manufacturing Capacity: Capacity expansion for LT and HT cables is underway, increasing annual manufacturing capacity from 7,500 km to 12,000 km to support rising demand and future growth.
Drive Product Approvals: Accelerate the empanelment of the company’s products with leading power infrastructure companies, including major PSUs, to unlock new business opportunities.
Leverage Industry Tailwinds: Capitalise on rising demand driven by power transmission and distribution expansion, railway electrification, defence infrastructure, and grid modernisation.
High-Value Product Focus: Expand the portfolio of high-value electrical products to improve competitiveness, operational efficiency, and sustainable growth.
Financials & Others
The company’s revenue rose by 99 percent from Rs. 135 crores in March 2025 to Rs. 269 crores in March 2026. Meanwhile, Net profit rose from Rs. 6 crores to Rs. 18 crores in the same period.
The company has demonstrated strong financial efficiency with a ROCE of 37.0% and an impressive ROE of 64.6%, reflecting effective capital utilization and strong profitability. The company also maintains an attractive PEG ratio of 0.14, indicating potential growth value.
It has delivered exceptional profit growth with a 196% CAGR over the last five years. It has also maintained a strong return on equity track record, with a 3-year average ROE of 54.4%, highlighting consistent value creation for shareholders.
Susan Electricals India Limited is engaged in the manufacturing of winding wires, conductors, and power cables, serving government utilities, EPC companies, and private sector customers across India. The company plays an important role in supporting India’s electrical infrastructure development.
The company’s core product portfolio includes winding wires and strips, aluminium conductors, LT cables, HT cables, aerial bunched cables, and medium voltage covered conductors. These products cater to key sectors such as power infrastructure, transmission and distribution, utilities, industrial EPC, and railways.
It serves a diverse client base, including government DISCOMs, EPC companies, infrastructure companies, cable and wire manufacturers, and railway sector customers. With its established presence and operational experience, it continues to contribute to the growth of India’s power and industrial sectors.
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