S&S Power Switchgear Ltd.
•Add ratio to table
ABOUT
AI Sector View
AI GENERATEDCapital Goods
Capital goods is supported by strong public capex and still-expansionary industrial activity. Capital expenditure rose 66% YoY (2026-06), GST collections grew 8% YoY (2026-07), and the core industries Overall Index increased 5.4% YoY (2026-07). E-way bills slowed to 6% YoY (2026-07) and sector FPI flows show INR -9697 crore net outflow over 3 months to 2026-08-31, but the investment cycle and fiscal impulse remain favorable.
PROS
- Latest quarter profit grew 128.1% YoY, showing strong momentum
- Company maintains a comfortable, low leverage position
CONS
- Company is loss-making at the operating / net level
- Receivables are growing faster than sales - a possible quality concern
- Operating cash flow has been negative in recent years
- Interest coverage is weak at -0.9x - earnings barely cover interest
- Company has a low return on capital employed of 9.7%
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.30x)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| ABB | 7269.10 | 51.56 | 154038.32 | 0.54 | 3623.00 | 930.02 | 35588.70 | 1110.31 | 30.18 | 12.56 |
| CGPOWER | 910.00 | 114.69 | 143365.96 | 0.14 | 308.28 | 15.52 | 3280.81 | 13.99 | 27.94 | 12.11 |
| SIEMENS | 3960.90 | 43.07 | 141055.77 | 0.45 | 214.31 | -49.38 | 4713.70 | 8.44 | 21.42 | 9.14 |
| POWERINDIA | 31415.40 | 121.72 | 140025.86 | 0.03 | 2941.50 | 2135.18 | 24936.90 | 1586.18 | 28.73 | 14.58 |
| GVT&D | 4545.00 | 623.18 | 116373.15 | 0.22 | 362.99 | 24.65 | 1836.14 | 38.04 | 75.51 | 25.10 |
| ENRIN | 3178.75 | 76.08 | 113201.81 | 0.13 | 440.90 | 67.83 | 2485.60 | 39.28 | 40.19 | 23.56 |
| WAAREEENER | 2627.50 | 19.80 | 75580.39 | 0.15 | 891.87 | 15.39 | 7931.79 | 79.22 | 37.92 | 18.15 |
| APARINDS | 17496.15 | 62.01 | 73260.47 | 0.34 | 467.45 | 77.80 | 6591.06 | 29.64 | 31.84 | 11.50 |
| HAVELLS | 1114.80 | 42.84 | 69960.57 | 0.90 | 2897.10 | 733.63 | 65181.90 | 1094.83 | 25.74 | 7.15 |
| SUZLON | 44.16 | 19.31 | 60700.73 | 0.00 | 305.22 | -5.89 | 3829.09 | 22.83 | 35.79 | 15.55 |
| SCHNEIDER | 1227.70 | 159.75 | 29354.80 | 0.00 | 12.44 | -69.84 | 651.36 | 4.78 | 31.01 | 5.23 |
| S&SPOWER | 352.55 | 53.82 | 435.10 | 0.00 | -0.26 | -114.64 | 71.21 | 19.97 | 1.10 | 2.48 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 1 | 1 | 0 | 1 | 1 | 2 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | |
| Operating Profit | -0 | -0 | -0 | -1 | -1 | -2 | -1 | -2 | -2 | -2 | -2 | -2 | -2 |
| OPM % | -5000.00% | -5000.00% | — | -1900.00% | — | -4825.00% | -2240.00% | -20000.00% | — | — | — | — | -162.87% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 3 | |
| Interest | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before Tax | -1 | -1 | -1 | -1 | -0 | -1 | -1 | -2 | -2 | -1 | -1 | 0 | 1 |
| Tax % | 1.52% | -0.00% | -0.00% | 10.61% | -0.00% | 5.88% | 1.14% | -22.62% | 2.30% | 202.19% | -0.00% | 70.59% | 47.23% |
| Net Profit | -1 | -1 | -1 | -1 | -0 | -1 | -1 | -2 | -2 | 1 | -1 | 0 | 0 |
| -1.05 | -1.11 | -1.01 | -0.95 | -0.10 | -1.04 | -0.71 | -1.66 | -1.38 | 1.14 | -1.06 | 0.04 | 0.39 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 1 | |
| 3 | 3 | 4 | 4 | 5 | 3 | 3 | 3 | 2 | 6 | 9 | |
| Operating Profit | -1 | -2 | -2 | -4 | -4 | -3 | -2 | -2 | -2 | -6 | -8 |
| OPM % | -29.55% | -90.73% | -83.98% | -701.94% | -483.92% | -446.86% | -394.37% | -360.19% | -4690.68% | -5903.08% | -723.66% |
| 1 | 1 | 2 | 6 | -1 | 3 | 3 | 13 | 2 | 4 | 5 | |
| Interest | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 1 | 2 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before Tax | -0 | -1 | -1 | 1 | -7 | -1 | -1 | 10 | -3 | -4 | -2 |
| Tax % | -0.00% | 6.54% | -12.26% | 1.07% | 0.80% | 0.30% | -1.81% | 0.77% | 3.05% | -7.15% | 138.31% |
| Net Profit | -0 | -1 | -1 | 1 | -7 | -1 | -1 | 9 | -3 | -4 | 1 |
| EPS | 0.00 | 0.00 | 0.00 | 0.00 | -11.17 | -1.77 | -1.55 | 15.25 | -4.12 | -3.51 | — |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- -24%
- 5 Years:
- -35%
- 3 Years:
- -45%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- 72%
- 3 Years:
- 64%
- 1 Year:
- -20%
RETURN ON EQUITY
- 10 Years:
- -3%
- 5 Years:
- 4%
- 3 Years:
- 13%
- Last Year:
- -7%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 12 |
| 16 | 14 | 13 | 14 | 7 | 6 | 5 | 14 | 12 | 92 | |
| 8 | 11 | 15 | 14 | 16 | 16 | 15 | 17 | 19 | 21 | |
| Trade Payables | 2 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 0 |
| 4 | 3 | 2 | 3 | 3 | 3 | 3 | 2 | 2 | 3 | |
| Total Liabilities | 35 | 35 | 38 | 37 | 33 | 32 | 30 | 40 | 40 | 129 |
| 3 | 3 | 3 | 3 | 3 | 3 | 0 | 1 | 0 | 0 | |
| 17 | 16 | 19 | 19 | 13 | 13 | 13 | 13 | 27 | 80 | |
| 1 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 14 | 16 | 16 | 15 | 16 | 15 | 16 | 26 | 11 | 47 | |
| Total Assets | 35 | 35 | 38 | 37 | 33 | 32 | 30 | 40 | 40 | 129 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | -0 | 0 | 0 | -1 | 0 | -0 | 1 | 0 | -2 | |
| Cash from Investing | 0 | -2 | -3 | 1 | 1 | 1 | 1 | 12 | -14 | -53 |
| Cash from Financing | -0 | 2 | 3 | -2 | 0 | -1 | -1 | -13 | 14 | 55 |
| -0 | 0 | -0 | -0 | 0 | -0 | -0 | -0 | 0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-07 - S&S Power Switchgears Limited has informed the Exchange about Copy of Newspaper Publication
2026-09-05 - S&S Power Switchgears Limited has informed the Exchange regarding 'General updates'.
2026-09-05 - S&S Power Switchgears Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 28, 2026
2026-09-03 - S&S Power Switchgears Limited has informed the Exchange about Registrar & Share Transfer Agent Update
2026-08-24 - S&S Power Switchgears Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
2026-08-24 - S&S Power Switchgears Limited has informed the Exchange about Awarding of order(s)/contract(s)
2026-08-21 - S&S Power Switchgears Limited has informed the Exchange about Bagging/Receiving of orders/contracts
2026-08-17 - S&S Power Switchgears Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-15 - S&S Power Switchgears Limited has informed the Exchange about General Updates
News
Recent coverage and analyst commentary for S&SPOWER
Loading news…
AI Stock Analyst
S&S Power Switchgear Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account

