| Market Cap | ₹534.19 CrSmall Cap |
|---|---|
| P/E TTM | 12.66xSector 24.6x |
| Promoter Holding | 69.05%Zero Pledged |
| Order from | Gujarat Energy Transmission Corporation Limited |
| Execution period | 24 months |
| Deal value | ₹69.19 Cr |
| Share of market cap | 13.0% |
| Share of annual revenue | 14.4% |
Key highlights
- Contract value totals ₹69.19 crore including GST, representing 13% of the company's market capitalization
- Project involves supply, erection, testing, and commissioning of the 220kV D/C Prantij-Jantral Line Package 2
- Execution timeline is stipulated at 24 months from the date of the Letter of Award
- Order size is equivalent to 14.4% of the company's trailing twelve-month revenue of ₹481.94 crore
- Contract awarded by a domestic entity, strengthening the company's established relationship with GETCO
A ₹69.19 Crore Turnkey Mandate from GETCO
Om Power Transmission Limited has been awarded a significant turnkey contract by Gujarat Energy Transmission Corporation Limited. The project scope encompasses the supply, erection, testing, and commissioning of the 220kV D/C Prantij-Jantral Line Package 2. Valued at exactly ₹69,18,77,476.78 including GST, the project must be executed within 24 months from the issuance of the Letter of Award.
This domestic contract reinforces the company’s presence in the Gujarat power utilities sector, aligning with its core expertise in electrical infrastructure and transmission line EPC services.
Momentum in Power Infrastructure Tenders
- The current award follows a ₹40.69 crore project win on September 17, 2026, for a 220kV AIS Switchyard at Bhuj
- Company previously bagged two GETCO orders in August 2026 worth ₹12.78 crore and ₹24.03 crore for 66 kV cabling
- Earlier in April 2026, GETCO awarded the firm a ₹44.95 crore substation EPC project
- A major ₹82.17 crore contract was secured from PGVCL in July 2026 for underground cabling in Bhavnagar
- The company reported a bidding pipeline exceeding ₹900 crore during its May 2026 earnings call
Order Book Strength and Financial Context
The new order significantly bolsters the company's outstanding order book, which stood at ₹567.47 crore as of June 30, 2026. Since the end of the first quarter, the firm has announced cumulative new inflows of approximately ₹228.86 crore, including this latest GETCO mandate. Financially, Om Power Transmission has shown strong growth, with annual revenue increasing by 60.41% and net profit rising 81.21% year-on-year.
Despite a recent monthly price decline of 11.21%, the stock maintains a P/E ratio of 12.66x, which remains conservative relative to the sector average of 24.6x.
| Date | Announcement | Amount |
|---|---|---|
| 17 Sep 2026 | Letter of Award from Hild Projects Private Limited for turnkey 220kV AIS Switchyard at 600 MW NTPC Solar Power Plant in BhujSource: sahi.com | ₹40.69 Cr |
| 27 Aug 2026 | Letter of Intent from Gujarat Energy Transmission Corporation Limited (GETCO) for laying, erection, testing and commissioning of 66 kV underground cableSource: BSE filing | ₹12.78 Cr |
| 10 Aug 2026 | Letter of Intent from Gujarat Energy Transmission Corporation Limited (GETCO) for supply, laying, erection, testing and commissioning of 66 kV underground cableSource: constructionworld.in | ₹24.03 Cr |
| 09 Jul 2026 | Letter of Acceptance from Paschim Gujarat Vij Company Limited (PGVCL) for turnkey conversion of HT/LT network into underground cabling at Kaliabid, BhavnagarSource: indiaadvantage.co.in | ₹82.17 Cr |
| 25 Jun 2026 | Letter of Award from SAEL Industries Limited for supply, erection, stringing, testing, and commissioning of single-circuit 220kV transmission lineSource: scanx.trade | ₹18.50 Cr |
| 30 Apr 2026 | Letter of Intent from Gujarat Energy Transmission Corporation Limited (GETCO) for substation EPC projectSource: sahi.com | ₹44.95 Cr |
What to watch next
- Formal receipt of the Letter of Award (LOA) to trigger the 24-month execution clock
- Q2 FY27 financial results announcement expected in November 2026
- Updates on the execution of the ₹82.17 crore Bhavnagar project scheduled for completion in 2027
- Outcome of pending bids within the ₹900 crore targeted pipeline
| Share price | ₹155.99 |
|---|---|
| Market capitalisation | ₹534.19 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) | 12.66×Sector 24.6× |
| 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 ₹69.19 crore turnkey project. Market figures from a third-party data provider.
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