57% Growth, 29% ROCE: The hidden supplier inside India’s Rs 9-lakh-crore grid buildout
- Posted on June 9, 2026
- By Financial Express
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- 1 min read
57% Growth, 29% ROCE: The hidden supplier inside India’s Rs 9-lakh-crore grid buildout
A niche power equipment manufacturer is benefiting from India's transmission buildout and a shift towards higher-value products. Growth remains strong, margins are improving and capacity expansion is underway. The question is whether the company can convert its specialised position into a larger global opportunity.