| Transformers | Manufactures power, distribution, dry type, and inverter duty transformers. | Strong manufacturing capacity, ISO certifications, first mover BIS license, established client base. | B2B - power generation, transmission, utilities, renewable EPC contractors. | Inverter duty and Ester filled transformers. | 392 | 92 | Product sales primarily to power sector B2B clients. | Project-based direct sales. | Rising renewable energy and power infrastructure demand driving transformer sales. | |
| Panels | Control relay panels, substation automation systems, compact substations, battery chargers, LT switchgear. | Integrated solutions complementing transformer products, technical know-how. | B2B: utilities, renewable energy projects, power sector. | Substation automation and packaged substations. | 32 | 8 | Sales of electrical control systems mostly to utilities and EPC firms. | Direct sales project contracts. | Growing automation and substation upgrades in power sector. | |
