| Market Cap | ₹44.11 CrMicro Cap |
|---|---|
| Revenue TTM | ₹34.7 CrOperating Revenue |
| RSI | 59.13Neutral Zone |
| Order from | TP Western Odisha Distribution Limited (TPWODL) |
| Execution period | By 05.05.2028 |
| Deal value | ₹8.15 Cr |
| Share of market cap | 18.5% |
| Share of annual revenue | 23.5% |
Key highlights
- Contract valued at ₹8,14,69,356 for Various Capacity Distribution Transformers
- Awarded by TP Western Odisha Distribution Limited, a joint venture of Tata Power
- Project execution timeline extends until May 5, 2028
- Scope includes transformer units ranging from 63KVA to 1250KVA specifications
- Includes price variation clauses based on IEEMA circulars for raw material hedging
Order Details and Scope
Alfa Transformers Limited has been awarded a domestic contract for the supply of Various Capacity Distribution Transformers by TP Western Odisha Distribution Limited. The contract, valued at approximately ₹8.15 crore, encompasses the manufacturing of units with diverse technical specifications including 63KVA, 100KVA, 250KVA, 500KVA, 1000KVA, and 1250KVA. The execution of the order is slated for completion by May 5, 2028.
According to the contract riders, prices are subject to variation based on the Indian Electrical and Electronics Manufacturers' Association circulars, providing the company a necessary hedge against fluctuations in raw material costs such as copper and CRGO steel.
Client Profile: TPWODL
The contract was awarded by TP Western Odisha Distribution Limited, which operates as a public-private partnership between Tata Power, holding a 51% stake, and the Government of Odisha, holding 49%. TPWODL manages the distribution and retail supply of electricity across five circles in Western Odisha, serving a substantial industrial and agricultural consumer base. This partnership with a Tata Power-led utility highlights Alfa Transformers' technical competency and its ability to meet the stringent quality standards required by major power distribution companies in India.
Business Impact and Pipeline
Securing this ₹8.15 crore order significantly bolsters Alfa Transformers' revenue visibility, as the contract value represents roughly 23% of its trailing twelve-month operating revenue of ₹34.7 crore. The multi-year delivery schedule ensures a steady flow of project-based income through the 2028 fiscal year. Furthermore, the contract includes a performance bank guarantee requirement of 5% of the rate contract value, which is reduced to 25% of that norm for MSME-registered entities in Odisha, facilitating better liquidity management for the company during project execution.
Financial Context
Alfa Transformers is currently positioned as a micro-cap player in the electrical equipment industry with a market capitalization of ₹44.11 crore. The company's recent quarterly performance showed a net profit of ₹0.44 crore, marking a 175.68% sequential growth. Technically, the stock is trading near its 30-day and 50-day simple moving averages, supported by a daily RSI of 59.13.
This new order from the utility sector provides a critical buffer as the company navigates a competitive landscape characterized by an industry price-to-earnings ratio of 41.19.
| Share price | ₹48.2 |
|---|---|
| Market capitalisation | ₹44.11 Cr |
| Revenue (annual) | ₹50.21 Cr |
| Net profit (annual) | ₹1.01 Cr |
| Revenue (latest quarter) | ₹11.60 Cr+101.74% vs previous quarter |
| Net profit (latest quarter) | ₹0.44 Cr+175.68% vs previous quarter |
| P/E (TTM) | -67.01×Sector 49.58× |
| Promoter holding | 46.8%0.00% QoQ |
| FII holding | 0%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Alfa Transformers Limited announcing the receipt of a contract from TP Western Odisha Distribution Limited. Market figures from a third-party data provider.
