S & S Power Switchgears Ltd.

About

S&S Power Switchgear Limited, together with its subsidiaries, provides transmission and distribution equipment for the power sector in India and the United Kingdom. The company offers centre and double break, pantograph, and vertical break disconnectors; control and protection equipment; and spare parts; switchgears; P&C solutions; and electrical systems, products, and services. It also provides control and relay panels and protection and control panels. In addition, the company offers disconnector retrofit services comprising midlife extension, mechanical to electrical ganging, motorization of old products, enabling smart drive box, mechanical interlock enhancement, and performance rating upgrade; refurbishment and rejuvenation services for disconnectors and circuit breakers; engineering and automation services; warranty and non-warranty services; training and assessment services; and asset management services. Further, it provides modernization of HV substation services, including project design and delivery of equipment; mounting of new HV equipment; production and delivery of concrete support structures; laying and connection of new control cables and wiring; mounting and connection of command-and-control cabinets; and electrical measurement, testing, and commissioning. The company sells its products through online. It also exports its products to the SAARC, Southeast Asia, and Africa. S&S Power Switchgear Limited was incorporated in 1975 and is headquartered in Maraimalai Nagar, India. S&S Power Switchgear Limited is a subsidiary of Hamilton & Company Limited.

Key Metrics

as of Sep 2026

Market Cap402 Cr

P/E49.70

Div Yield0.00 %

Book Value₹72.30

52w High₹469.00

52w Low₹194.00

Face Value₹10.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	71.21	65.07	79.08	60.23	59.36	55.50	39.32	54.51	36.17	43.10	46.47	33.73	36.07
Expenses	69.44	60.14	74.40	63.04	56.32	55.26	41.31	49.38	36.50	40.20	41.84	31.61	34.86
Operating Profit	1.77	4.93	4.68	-2.81	3.04	0.24	-1.99	5.13	-0.33	2.90	4.63	2.12	1.21
OPM %	2.49	7.58	5.92	-4.67	5.12	0.43	-5.06	9.41	-0.91	6.73	9.96	6.29	3.35
Other Income	0.44	-0.03	1.20	0.84	1.06	0.75	-1.35	0.87	0.28	0.12	0.73	0.13	0.21
Depreciation	0.70	0.61	0.61	0.59	0.58	0.47	0.89	0.85	0.69	0.60	0.63	0.59	0.56
Interest	0.87	2.43	0.81	0.77	0.90	2.35	0.67	0.89	1.49	1.51	1.33	1.34	1.29
Profit before tax	0.64	1.86	4.46	-3.33	2.62	-1.83	-4.90	4.26	-2.23	0.91	3.40	0.32	-0.43
Tax %	140.62	-2.15	21.30	-187.99	32.44	-90.16	7.55	9.86	-1.79	-7.69	-0.88	-9.38	0.00
Net Profit	-0.26	1.90	3.51	2.93	1.77	-0.17	-5.28	3.84	-2.18	0.98	3.42	0.35	-0.43
EPS in Rs	-0.21	1.54	2.84	2.37	1.43	-0.14	-4.28	3.02	-1.95	0.82	4.44	0.73	-1.32

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	264.00	184.00	160.00	140.00	110.00	132.00	92.00	103.00	103.00	87.00	114.00	90.00
Expenses	254.00	181.00	148.00	138.00	120.00	128.00	97.00	106.00	99.00	85.00	107.00	90.00
Operating Profit	10.00	3.00	11.00	2.00	-9.00	3.00	-6.00	-3.00	3.00	2.00	7.00	0.00
OPM %	3.70	1.70	7.00	1.10	-9.00	2.50	-6.00	-2.50	3.40	2.10	6.00	0.40
Other Income	3.00	1.00	1.00	8.00	1.00	2.00	-4.00	2.00	5.00	2.00	2.00	4.00
Interest	5.00	6.00	6.00	5.00	5.00	5.00	4.00	3.00	3.00	3.00	2.00	2.00
Depreciation	2.00	3.00	2.00	2.00	2.00	2.00	2.00	1.00	1.00	1.00	1.00	1.00
Profit before tax	6.00	-5.00	4.00	2.00	-15.00	-2.00	-16.00	-4.00	5.00	0.00	6.00	1.00
Tax %	-80.00	-19.00	-3.00	11.00	0.00	-11.00	-1.00	-2.00	11.00	-63.00	3.00	13.00
Net Profit	10.00	-4.00	4.00	2.00	-16.00	-2.00	-15.00	-4.00	4.00	0.00	6.00	1.00
EPS in Rs	8.19	-3.07	4.66	3.95	-21.15	-2.56	-23.19	-3.32	4.85	0.48	6.27	1.40
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	12.00	12.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00	6.00
Reserves	77.00	57.00	-12.00	-14.00	-18.00	-8.00	-6.00	6.00	10.00	7.00	37.00	32.00
Borrowings	39.00	29.00	59.00	52.00	49.00	21.00	22.00	30.00	30.00	19.00	16.00	17.00
Other Liabilities	145.00	122.00	83.00	68.00	73.00	97.00	76.00	55.00	57.00	52.00	70.00	67.00
Total Liabilities	273.00	220.00	137.00	112.00	110.00	117.00	98.00	98.00	103.00	84.00	130.00	122.00
Fixed Assets	85.00	77.00	45.00	44.00	41.00	43.00	41.00	44.00	45.00	37.00	78.00	76.00
CWIP	0.00	1.00	0.00	1.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.00	0.00	0.00
Other Assets	188.00	142.00	92.00	68.00	69.00	74.00	57.00	54.00	58.00	44.00	52.00	46.00
Total Assets	273.00	220.00	137.00	112.00	110.00	117.00	98.00	98.00	103.00	84.00	130.00	122.00

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016
Cash from Operating Activity	-2.00	12.00	6.00	-11.00	-4.00	6.00	15.00	0.00	1.00	0.00	5.00
Cash from Investing Activity	-12.00	41.00	-2.00	10.00	-1.00	-1.00	-4.00	0.00	-4.00	-1.00	-1.00
Cash from Financing Activity	9.00	-41.00	2.00	-1.00	4.00	-3.00	-12.00	-2.00	2.00	1.00	-2.00
Net Cash Flow	-5.00	11.00	5.00	-2.00	0.00	2.00	0.00	-3.00	-1.00	0.00	2.00
Free Cash Flow	-4.00	6.00	4.00	-2.00	-4.00	5.00	12.00	0.00	0.00	-2.00	4.00
CFO/OP %	27.00	443.00	92.00	-697.00	40.00	163.00	-276.00	7.00	20.00	-18.00	66.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	94.00	88.00	91.00	73.00	86.00	94.00	100.00	107.00	117.00	92.00	77.00	86.00
Inventory Days	128.00	148.00	93.00	85.00	96.00	83.00	123.00	67.00	72.00	55.00	74.00	101.00
Days Payable	204.00	263.00	171.00	145.00	193.00	156.00	204.00	152.00	140.00	167.00	172.00	229.00
Cash Conversion Cycle	18.00	-27.00	14.00	13.00	-11.00	21.00	18.00	22.00	48.00	-20.00	-20.00	-42.00
Working Capital Days	20.00	10.00	24.00	21.00	-123.00	-71.00	-84.00	-33.00	-29.00	-45.00	-29.00	-51.00
ROCE %	9.00	3.00	20.00	4.00	-37.00	14.00	-18.00	-4.00	18.00	5.00	9.00	-1.00

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	74.97	74.97	74.97	74.97	74.97	74.97	74.97	74.98	74.97	50.21	50.21	50.21
FIIs	0.03	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
DIIs	0.25	0.24	0.24	0.24	0.21	0.21	0.21	0.21	0.21	0.41	0.41	0.41
Public	24.76	24.79	24.79	24.79	24.81	24.82	24.82	24.80	24.82	49.38	49.38	49.38
No. of Shareholders	19,379	19,646	19,777	19,687	19,680	19,878	19,676	19,560	19,625	19,567	19,628	19,669

Corporate Actions

17 records

Action	Ex Date	Record Date	Ratio	Amount (₹)	Notes
Other	20 Sep 2023	—	—	—	Annual General Meeting
Other	21 Sep 2022	—	—	—	Annual General Meeting
Other	22 Sep 2021	—	—	—	Annual General Meeting
Other	17 Nov 2020	—	—	—	Annual General Meeting
Other	14 Aug 2019	—	—	—	Annual General Meeting
Other	12 Sep 2018	—	—	—	Annual General Meeting
Other	21 Aug 2017	—	—	—	Annual General Meeting
Other	28 Jul 2016	—	—	—	Annual General Meeting
Other	06 Aug 2015	—	—	—	Annual General Meeting
Other	26 Sep 2013	—	—	—	Annual General Meeting
Other	24 Sep 2012	—	—	—	Annual General Meeting
Other	26 Sep 2011	—	—	—	Annual General Meeting
Other	24 Sep 2010	—	—	—	Annual General Meeting
Other	23 Sep 2009	—	—	—	Annual General Meeting
Other	26 Mar 2008	—	—	—	Annual General Meeting
Other	18 Apr 2007	—	—	—	Agm
Other	27 Mar 2006	—	—	—	Agm