| Market Cap | ₹2,658.08 CrCap size |
|---|---|
| Revenue TTM | ₹208.58 CrOperating |
| RSI | 50.3Neutral Zone |
| Order from | US-based Solar Energy Developer |
| Execution period | More than 12 months |
| Deal value | ₹29.85 Cr |
| Share of market cap | 1.1% |
| Share of annual revenue | 14.3% |
Key highlights
- Order value totals ₹29.84,99,000.00, equivalent to approximately USD 3.1 million
- Contract involves the supply of a high-capacity 200 MVA 115 kV Power Transformer
- Project installation site is located in Cherokee County, Alabama, USA
- Execution timeline for the contract is scheduled for more than 12 months
- International order represents approximately 14% of the company's TTM revenue
Details of the US Export Order
Marsons Limited has received a significant international Purchase Order for the supply of a 200 MVA 115 kV Power Transformer. Valued at approximately ₹29.85 crore (USD 3.1 million), the contract involves the manufacturing and delivery of high-capacity electrical equipment to a client in the United States. This specific order is slated for execution over a period exceeding 12 months, providing long-term revenue visibility.
The technical specifications of the 200 MVA unit highlight the company’s capability to handle large-scale power infrastructure requirements for global markets, marking a milestone in its export operations.
Client Profile and Project Scope
The order was awarded by a US-based solar energy developer for a critical renewable energy infrastructure project. Specifically, the power transformer is destined for installation at a solar power project located in Cherokee County, Alabama. Engaging with international solar developers underscores the company's entry into the burgeoning American renewable energy sector.
This partnership is indicative of the increasing demand for Indian-manufactured heavy electrical equipment in large-scale utility projects across North America, where grid modernization and solar integration are primary focus areas for the ongoing energy transition.
Company Background and Manufacturing Prowess
- Established in 1976, Marsons is a Kolkata-based manufacturer of distribution and power transformers.
- The company operates a specialized manufacturing facility in Maheshtala, West Bengal.
- Its product range covers ratings from 10 KVA to high-voltage 160 MVA units, now expanding into 200 MVA class.
- The firm serves a diverse clientele including state electricity boards, PSUs, and private sector industrial giants.
- Marsons has a growing footprint in renewable energy sectors including solar and wind power projects globally.
Financial Performance and Market Standing
Marsons Limited has demonstrated significant growth, with annual operating revenue reaching ₹168.36 crore and a trailing twelve-month (TTM) revenue of ₹208.58 crore. The company currently maintains a market capitalization of ₹2658.08 crore. While the stock is classified as an Expensive Performer with a TTM Price to Earnings (PE) ratio of 81.29, it has shown robust annual net profit growth.
The promoter holding remains stable at 53.65%, and the company maintains a Piotroski Score of 5. This new international order represents a substantial addition to the company's existing project pipeline and reinforces its market position in the heavy electrical equipment sector.
| Share price | ₹154.45 |
|---|---|
| Market capitalisation | ₹2,658.08 Cr |
| Revenue (annual) | ₹168.36 Cr |
| Net profit (annual) | ₹28.02 Cr |
| Revenue (latest quarter) | ₹45.94 Cr-23.19% vs previous quarter |
| Net profit (latest quarter) | ₹6.48 Cr-29.49% vs previous quarter |
| P/E (TTM) | 81.29×Sector 57.64× |
| Promoter holding | 53.65%0.00% QoQ |
| FII holding | 0.12%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Marsons Limited announcing the receipt of an international order from a US-based solar developer. Market figures from a third-party data provider.
