| Market Cap | ₹566.75 CrUtilities Sector |
|---|---|
| P/E TTM | 13.43Sector PE 24.73 |
| Promoter Holding | 69.05%No Pledged Shares |
| Order from | Gujarat Energy Transmission Corporation Limited |
| Execution period | 24 months |
| Deal value | ₹78.84 Cr |
| Share of market cap | 13.9% |
| Share of annual revenue | 16.4% |
Key highlights
- Total contract value stands at ₹78,84,08,034.94 including GST
- Scope includes turnkey 220kV D/C Chorania-Salejda Transmission Line works
- Order execution period is set for 24 months from the Letter of Award
- Deal value represents approximately 16.4 percent of the company TTM revenue
- Project awarded by domestic state utility Gujarat Energy Transmission Corporation Limited
Om Power Mandate for GETCO Infrastructure
Om Power Transmission Limited has secured a major turnkey mandate from Gujarat Energy Transmission Corporation Limited for the 220kV double circuit Chorania-Salejda Transmission Line. The contract, valued at ₹78.84 crore including GST, covers the full spectrum of supply, erection, testing, and commissioning services. This domestic award carries an execution timeline of 24 months from the date of the Letter of Award.
The project value is significant for the company, representing nearly 16.4 percent of its trailing twelve-month revenue of ₹481.94 crore, further solidifying its position as a key service provider for state-level power transmission infrastructure in Gujarat.
Accelerating Order Inflow Momentum
- October 06 2026: GETCO Letter of Intent for 220kV substation works worth ₹60.48 crore
- September 17 2026: Letter of Award from Hild Projects for solar switchyard works worth ₹40.69 crore
- August 28 2026: GETCO project for 66kV underground cables valued at ₹12.78 crore
- August 10 2026: GETCO order for 66kV underground cable network worth ₹24.03 crore
- July 09 2026: PGVCL Letter of Acceptance for cable network conversion worth ₹82.17 crore
Financial Performance and Sector Outlook
The steady influx of orders from Gujarat state utilities aligns with the company management guidance issued in May 2026, which targeted a 50 percent year-on-year revenue growth for the current fiscal year. Om Power Transmission recently reported a net profit of ₹10.52 crore for the quarter ended June 30, 2026, representing a 26 percent year-on-year increase despite a sequential dip in revenue. The company had previously indicated a bidding pipeline exceeding ₹900 crore as of March 2026.
With a current Price-to-Earnings ratio of 13.43 compared to the industry average of 21.69, the company continues to leverage its specialized focus on turnkey electrical utility projects.
| Date | Announcement | Amount |
|---|---|---|
| 06 Oct 2026 | Letter of Intent from GETCO for 220kV Kotda-Sanghani AIS substation equipment and associated civil worksSource: BSE filing | ₹60.48 Cr |
| 17 Sep 2026 | Letter of Award from Hild Projects for turnkey 220kV AIS switchyard for 600 MW NTPC solar power plant at BhujSource: powerpeakdigest.com | ₹40.69 Cr |
| 28 Aug 2026 | Letter of Intent from GETCO for laying, erection, testing, and commissioning of 66 kV underground cablesSource: BSE filing | ₹12.78 Cr |
| 10 Aug 2026 | Letter of Intent from GETCO for supply, laying, erection, testing, and commissioning of 66 kV underground cable network (5.17 km)Source: business-standard.com | ₹24.03 Cr |
| 09 Jul 2026 | Letter of Acceptance from PGVCL for turnkey conversion of 11 kV HT/LT lines to underground cable network in BhavnagarSource: constructionworld.in | ₹82.17 Cr |
What to watch next
- Completion of the 24-month execution cycle for the Chorania-Salejda 220kV line
- Financial results for the second quarter and half-year of FY27 following trading window closure
- Success rates in the remaining ₹900 crore tender pipeline as of late 2026
| Share price | ₹165.5 |
|---|---|
| Market capitalisation | ₹566.75 Cr |
| Revenue (annual) | ₹449.16 Cr |
| Net profit (annual) | ₹40.02 Cr |
| Revenue (latest quarter) | ₹121.63 Cr-30.35% vs previous quarter |
| Net profit (latest quarter) | ₹10.52 Cr-36.83% vs previous quarter |
| P/E (TTM) | 13.43×Sector 24.73× |
| Promoter holding | 69.05% |
| FII holding | 4.12%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Om Power Transmission Limited announcing the receipt of a Letter of Intent from GETCO for a 220kV transmission line project. Market figures from a third-party data provider.
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