Swelect Energy Systems Ltd

(SWELECTES)

Swelect Energy Systems Limited, formerly known as Numeric Power System Limited, is an Indian based publicly-owned company incorporated in 1994. With two manufacturing sites in Sedarapet Pondichery and Semmanchery Village Chennai, the company specializes in the manufacturing and trading of Solar power projects and offer services such as contract manufacturing, installation and maintenance for Solar Photovoltaic inverters and energy efficient lighting systems. Over the years, the company has launched a range of intelligent UPS systems that have been positively received in the IT and Banking sector. After its successful collaboration with M/s High Performance Drives Inc. USA, Swelect Energy Systems Limited has become the authorized seller for products from Groupe Schneider France, Information Systems Pte. Ltd, and Novateur. Additionally, the company has ventured into offering green energy solutions including Solar Power Systems, Wind Energy Generation, LED lighting systems, and Smart Grid projects. Swelect Energy Systems Limited has installations of more than 1000 projects in rural schools, banks, ATMs, and other customer needs. In 2012, the company had made a lump sale of its UPS-related business to Novateur. In 2021, the company has done well to mark its 100 MW IPP Plants milestone and also commissioned a 34MW of Projects, along with EPC verticals for various clients.

Share Price: ₹1064.00 per share as on 24 Dec, 2024 04:01 PM
Market Capitalisation: ₹1,612.89Cr as of today
Revenue: ₹197.64Cr as on September 2024 (Q3 24)
Net Profit: ₹8.98Cr as on September 2024 (Q3 24)
Listing date: 09 May, 2006
Chairperson Name: S Annadurai