S & S Power Switchgear Ltd
NSE: S&SPOWER BSE: 517273Energy
Incorporated in 1975, S&S Power Switchgear Ltd is in the business of Transmission & Distribution of Equipment industry, power sector focused Switchgear, P&C Solutions and associated electrical systems, product, and services.
₹381
52W: ₹194 — ₹469
PE 0 · Book ₹87.1 · +337% vs bookMarket Cap₹470 Cr
Stock P/E—Price to Earnings
ROCE2.4%Return on Capital
ROE7%Return on Equity
Div. Yield0%Face Value ₹10
Weaknesses
- −Stock is trading at 4.18 times its book value
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of -35.0% over past five years.
- −Company has a low return on equity of -7.64% over last 3 years.
- −Company has high debtors of 2,664 days.
- −Working capital days have increased from -1,476 days to 3,248 days
Shareholding Pattern
Promoters74.97%
FIIs0%
DIIs0.24%
Public24.79%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 74.97% | 74.98%▲0.0 | 74.97%▼0.0 | 74.97% | 74.97% | 74.97% | 74.97% | 74.97% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.24%▲0.0 | 0.24% | 0.24% |
| Public | 24.82% | 24.8%▼0.0 | 24.82%▲0.0 | 24.82% | 24.81%▼0.0 | 24.79%▼0.0 | 24.79% | 24.79% |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.37 | 0.36 | 0.47 | 0.99 | 0.98 | 0.9 | 0.98 | 1.01 | 1.03 | 1.03 |
| Expenses | 0.51 | 0.44 | 0.6 | 0.71 | 1.97 | 1.16 | 2.01 | 2.2 | 1.84 | 2 |
| Operating Profit | -0.14 | -0.08 | -0.13 | 0.28 | -0.99 | -0.26 | -1.03 | -1.19 | -0.81 | -0.97 |
| OPM % | -37.84% | -22.22% | -27.66% | 28.28% | -101.02% | -28.89% | -105.1% | -117.82% | -78.64% | -94.17% |
| Net Profit | -0.69 | -0.63 | -0.59 | -0.12 | -1.28 | -0.87 | -2.05 | -1.7 | 1.4 | -1.31 |
| EPS ₹ | -1.11 | -1.02 | -0.95 | -0.1 | -1.04 | -0.7 | -1.66 | -1.38 | 1.13 | -1.06 |
AI Insights
Revenue Trend
TTM revenue at ₹4.05Cr, up 3950% YoY. OPM at -98.77%.
Debt Position
Borrowings at ₹22.46Cr. Debt-to-equity ratio: 0.24x. Healthy balance sheet.
Institutional Flow
DIIs: 0.24% (-0.22pp change). FIIs: 0% (+0.00pp change). Promoters hold 74.97%.
Margin & Efficiency
ROCE declining from 1.74% (Mar 2014) to -2.4% (Mar 2025). Working capital days: 3248.5.
Recent Announcements
- Board Meeting Intimation for Consider And Approve The Audited Financial Results (Standalone And Consolidated) Of The Company For The Year Ended 31St March, 2026 13 May - Board meeting on 22 May 2026 to approve audited standalone and consolidated FY2026 results.
- Announcements Under Regulation 30 (LODR) - Updates 10 Apr - BSE and NSE levied Rs.3,28,040 each for committee non-compliance; waiver rejected and fines paid.
- Announcement Under Regulation 30 (LODR) Updates 9 Apr - BSE and NSE levied Rs.3.28 lakh each penalty; waiver rejected, fine paid on 9 April 2026.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 4 Apr
- Closure of Trading Window 27 Mar - Trading window closed from April 1, 2026 until 48 hours after FY2026 audited results declaration.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse