S & S Power Switchgear Ltd
S&SP

S & S Power Switchgear Ltd (S&SPOWER)

₹33.75--

Key Stats

₹33.75
Day's Price Range
₹33.75
₹18.35
52-Week Price Range
₹38.65
3 Month Return55.17 %
1 Year Return70.02 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 28
-2.13
EPS
Rank 30
₹-17.89
BVPS
Rank 37
₹-2.73
Dividend Yield
Rank 20
ROE
Rank 48
Price To Book Ratio
Rank 20
-13.91
Debt To Asset
Rank 6
1.01

Company Information

Incorporated in 1975 S S Power Switchgear manufactures electrical protection equipment required for transmission and distribution of electricity. In 1990 Sushil Jalan and Associates of the Jalan group took over the management by acquiring a controlling interest. At present the company manufactures a wide range of hightension and low tension electrical protection equipments such as circuitbreakers miniature circuit breakers isolators upto 420 kV and fusegears. The company was the first to bring in vacuum breaker technology by collaborating technically with Brush Switchgear of the Hawker Siddeley group UK. In 1985 in collaboration with South Wales Switchgear it launched a new series of SF6 indoor and outdoor circuitbreakers. In 1988 it entered into a collaboration with AEG Germany to manufacture miniature circuitbreakers.The companys major clients include state electricity boards NTPC NHPC Power Grid Corporation NEEPCO BHEL NPTC and NLC. The clientele also includes Hawker Siddeley Australia Top Rank Corporation Malaysia AEG Argentina etc.In 1992 it acquired Railway Products India RPIL from Sundaram Clayton of the TVS group and turned it into a whollyowned subsidiary. RPIL manufactures braking and signalling equipment for the Railways. A joint venture has been signed with Siemens for a switchgear project to manufacture vacuum interrupters. The other joint venture signed is with Union Switch Signal US to run the existing operation of the subsidiary Railway Products India. It has also entered into a joint venture with Top Rank Corp. Malaysia to form a company in Malaysia under the name S S Power Corporation SSPC. SSPC manufactures circuit breakers.It also developed a indoor breaker at 31.5 KA used by generating stations and indoor and outdoor breakers 36 KV compliant to international standards during 199899.During the year 19992000 the company has obtained ISO 9001 Certification from RWTUV and has successfully undergone two surveillance audits on ISO 9001 by the said certifying authority. Due to the erosion of the net worth the company has become sick in terms of SICA and has decided to make a reference to the BIFR for formulating a scheme of rehabilitation.A new design of RD145 Disconnector was introduced to suit for ICE LOADING applicationsInduced Current Switching and Bus Transfer Applications.To supply in the UK markets these products has been developed and it has been approved by National Grid Corporation UK.
OrganisationS & S Power Switchgear Ltd
HeadquartersChennai
IndustryCapital Goods - Electrical Equipment