Susan Electricals India Limited submitted an investor presentation to BSE Limited in connection with its unaudited financial results for Q2 and H1 of FY27, in compliance with Regulation 30 of SEBI Listing Regulations.

Financial Performance Highlights (H1 FY27 vs H1 FY26)

  • Revenue from operations increased by 190% to ₹202.06 crore from ₹69.67 crore
  • Operating Profit increased by 160% to ₹23.78 crore
  • Profit After Tax (PAT) increased by 191% to ₹13.15 crore from ₹4.53 crore

Revenue Mix Shift

The company demonstrated a strategic shift toward higher-value products:

| Product Category | H1 FY27 | H1 FY26 | Change |

| Winding Wire | 29.10% | 40.37% | -11.27 ppt |

| LT Cables & Conductors | 47.83% | 46.76% | +1.07 ppt |

| HT Cables & MVCC | 19.36% | 0.75% | +18.61 ppt |

| Others | 3.71% | 12.12% | -8.41 ppt |

| Total | 100.00% | 100.00% | |

Winding Wire sales increased by 109% on a YoY basis in H1 FY27.

Order Visibility

  • Unexecuted order book as of 30 September 2026: ₹147 crore
  • Active order pipeline: ₹200 crore
  • Total order visibility: ₹347 crore

Management Commentary (Vishal Jain, Chairman & Managing Director)

The management highlighted strong H1 FY27 performance driven by higher scale of operations and improved profitability. The CCV (Continuous Catenary Vulcanization) line is expected to become operational within the next 10 days, which is mandatory for most HT cable projects and will enhance manufacturing capabilities.

Capacity Expansion Plans

  • Cable manufacturing capacity expansion from 11,000 kilometres to 16,000 kilometres
  • Winding Wire capacity increased from 3,307 tonnes to 4,200 tonnes, with further expansion to 5,500 tonnes planned (66% overall increase)
  • The company is in advanced stages of taking possession of newly acquired land to support future capacity expansion

Operational Update

Cash flow from operations has become positive, strengthening financial stability. The company expects H2 FY27 to be significantly stronger with improving business momentum.

Company Overview

Susan Electricals India Limited manufactures winding wires, conductors, and power cables catering to government utilities, EPC companies, and private sector customers across India. Core products include Aluminium Conductors, Winding Wires & Strips, LT Cables, HT Cables, Aerial Bundled Cables, and Medium Voltage Covered Conductors.

Manufacturing Infrastructure

  • Unit I (Winding Wires & Strips): Plot No. A0-43, SSGT Road, Ghaziabad-201009, Uttar Pradesh | Capacity: 4,200.00 Tonnes | Utilization: 75.00%
  • Unit II (LT Cables): 18/27, Site-4, Sahibabad, Industrial Area, Ghaziabad-201010, Uttar Pradesh | Capacity: 6,000.00 KM | Utilization: 80.00%
  • Unit III (LT & HT Cables): Location not specified | Capacity: 5,000.00 KM | Utilization: 80.00%

Certifications & Approvals

The company holds multiple ISI/BIS licenses for various product standards, positioning it among the top 20 wire and cable players in India and reducing competition from smaller unorganized players.

Geographical Expansion

The company is expanding from its current operational states (Uttar Pradesh, Telangana, Rajasthan, Madhya Pradesh, Jharkhand, Bihar, Haryana, Punjab, Gujarat) to Kerala, Tamil Nadu, Uttarakhand, Karnataka, Maharashtra, Andhra Pradesh, Chhattisgarh, and the rest of India.

Future Roadmap

Strategic priorities include strengthening HT Cable capacity, expanding manufacturing and geographical sales of LT Cable, and expanding manufacturing and geographical sales of House Wiring.

Historical Financial Performance (3-Year)

Note: The presentation included historical financial highlights for the past 3 years but specific figures were not provided in the disclosed text.

Industry Outlook

  • India's wires and cables market projected to grow from USD 10.32 billion in 2025E to USD 22.35 billion in 2035P at a CAGR of 8.02%
  • Electrical equipment industry estimated to grow from USD 73.80 billion in 2025E to USD 222.74 billion in 2035P at a CAGR of 11.68%
  • Growth drivers include T&D infrastructure expansion, railway modernization, 24-hour power supply push, replacement demand, grid modernization, and shift to safer cables