| Market Cap | ₹1038.12 CrGeneral Industrials |
|---|---|
| Revenue Growth | 80.89%Annual YoY |
| P/E Ratio | 28.34Sector PE 57.04 |
| Execution period | by Q4 FY27 |
| Deal value | ₹133.98 Cr |
| Share of market cap | 12.9% |
| Share of annual revenue | 93.5% |
Key highlights
- Domestic order valued at ₹133.98 crore excluding GST and ₹140.68 crore including GST
- Scope includes supply of 38 wind turbine towers of EN-156/3.3 MW model specification
- Execution timeline targets project completion by the fourth quarter of fiscal year 2027
- The contract supports a specialized FDRE wind project located in Andhra Pradesh
- Order value represents approximately 93.5 percent of the company's total annual revenue for FY26
Project Scope and Timeline
Anawil Wire and Engineering has received a one-time order for the supply of 38 wind turbine towers destined for a domestic project in Andhra Pradesh. These towers are engineered to the EN-156/3.3 MW model standard, operating at 50 Hz and adhering to IEC S specifications. The contract is valued at ₹133.98 crore excluding taxes.
According to the regulatory filing, the project is structured as a Firm and Dispatchable Renewable Energy initiative, with a strict delivery schedule set for completion by the end of Q4 FY27.
Strategic Business Impact
This contract represents a transformative milestone for the company, providing significant revenue visibility through fiscal year 2027. Given that the company's annual operating revenue stood at ₹143.27 crore in the previous financial year, this single order nearly matches its total annual turnover. The foray into specialized tower manufacturing for 3.3 MW turbines positions the company as a key supplier in the wind energy supply chain, leveraging technical specifications that meet international IEC standards for large-scale renewable infrastructure.
Business Overview
- Headquartered in Vapi, Gujarat, the company operates in the industrial products and engineering sector
- Primary business involves manufacturing specialized wire products and structural engineering components
- Serves diverse industries including power transmission, infrastructure, and now large-scale renewable energy
- Maintains a high operational efficiency with an annual Return on Equity of 40.92 percent
- Recently transitioned into advanced engineering roles for the wind power equipment market
Financial Performance and Context
The company has demonstrated strong financial momentum, reporting a net profit growth of 197.65 percent in its last annual cycle. While the broader sector exhibits a P/E ratio of 57.04, the company currently trades at a TTM P/E of 28.34. Its market capitalization has crossed the ₹1,000 crore mark following a significant stock price appreciation of 53.8 percent over the past month.
The current order book expansion aligns with a robust Piotroski Score of 3 and a Return on Assets of 12.56 percent, reflecting steady utilization of its manufacturing base.
| Share price | ₹415.25 |
|---|---|
| Market capitalisation | ₹1,038.12 Cr |
| Revenue (annual) | ₹143.27 Cr |
| Net profit (annual) | ₹36.63 Cr |
| P/E (TTM) | 28.34×Sector 57.04× |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Anawil Wire and Engineering Limited announcing the receipt of a major order for wind turbine towers. Market figures from a third-party data provider.
