What we do Marsons Ltd manufactures and services a wide range of transformers from distribution to power transformers, including EHV units, serving power and infrastructure sector clients. |
Founded in 1,976 |
Market share Established transformer manufacturer with significant presence in Indian power sector and growing export footprint. |
Problem solved Supports power infrastructure growth by providing reliable transformers addressing diverse voltage and capacity needs, plus maintenance services to minimize downtime. |
Top clients or who we serve Power utilities like CESE, Coal India, state electricity boards, and infrastructure projects. Primarily B2B with some international clientele. |
Key management Munal Agarwal (Managing Director) |
Our journey and innovations Originated from 1957 proprietorship, went public in 1992, expanded facilities, merged with Marson's Transformers Ltd in 2008-09, and progressing towards EHV transformer manufacturing. |
Where we operate India with expanding export markets including UK through subsidiary Cosol Developments Limited. |
Top products or what we offer Distribution transformers (10 KVA to 160 MVA), power transformers, furnace transformers, dry type transformers, special application transformers. |
Top brands Marsons Transformers; known for reliability and service commitment with transformers up to 220 kV class and plans for 400 kV EHV units. |
Raw materials needed Electrical steel, copper, insulating materials, transformer oil, core laminations. |
Raw materials supplier Various Indian and international suppliers (specific names not detailed). |
Recurring vs cyclical contribution Revenue mainly from contract manufacturing and services; largely cyclical but with recurring maintenance income streams. |
Our industry position Recognized domestic player with expanding capabilities in high voltage transformers and repair service offerings. |
Financial highlights FY 2024-25 Revenue Rs. 171.77 crores; Profit after tax Rs. 28.02 crores; significant growth from prior year. |
Geographical revenue split Primarily India with exports including the UK via subsidiary. |
Order book - |
Whats driving growth Infrastructure expansion, rural electrification, government focus on power sector, and entry into EHV transformer manufacturing. |
Our future plans Enhancing capacity for manufacturing 315 MVA 400 kV class transformers; expanding service capabilities and export presence. |
Our green promise - |
Our people and values Commitment to ethics, compliance with labor laws, and employee well-being; Code of Conduct publicly available. |
Key challenges ahead Capital-intensive nature with risk of delayed cycles, competition from unorganized sectors, and need for continued credit support. |
Interesting facts Installed a 1 MW wind power project in Tamil Nadu; early exporter of transformers since mid-1990s. |
Risks and strategy Mitigating financial risks through strong internal controls, diversification, and focusing on government infrastructure projects. |
