What we do Swastika Infra Limited engages in EPC electrification projects, including rural electrification, substation construction, and electrical goods trading within India's power distribution sector. |
Founded in 1,969 |
Market share Established player expanding in multiple Indian states with projects totaling over Rs 600 Crore in recent years, gaining strong foothold in power distribution EPC segment. |
Problem solved Addresses infrastructure gaps in power distribution by delivering reliable electrification solutions and enhancing rural connectivity through substations and cabling. |
Top clients or who we serve Serves state utilities and government urban development agencies mostly in India; operates B2B with government and infrastructure clients. |
Key management Vinay Gupta - Managing Director; Ruchira Gupta - Whole-Time Director; Board includes independent directors with strong governance focus. |
Our journey and innovations Started as electrical goods trader in 1969; diversified to EPC electrification in 2012; expanded geographically with major projects in Assam, Uttarakhand, West Bengal, Goa, and Himachal Pradesh. |
Where we operate Primarily India with regional operations in Rajasthan, Assam, Uttarakhand, West Bengal, Goa, Himachal Pradesh. |
Top products or what we offer EPC services for electrification including cabling, rural electrification, construction of substations and feeder lines; electrical goods trading. |
Top brands Swastika Infra EPC Projects - recognized for infrastructure electrification and rural power deployment across multiple states. |
Raw materials needed Electrical cables, wires, substation equipment, and construction materials essential for EPC projects. |
Raw materials supplier Supplied primarily by regional electrical goods manufacturers and wholesalers compliant with industry standards. |
Recurring vs cyclical contribution Revenue driven by project cycles; EPC segment involves milestone-based payments, moderately cyclical with repeat business potential. |
Our industry position Growing mid-sized EPC player in Indian electrification with strong order execution capability and increasing project size. |
Financial highlights FY 2025 revenue ₹350.75 Crore, net profit ₹27.41 Crore; revenue grew 67% year-on-year with robust profitability improvement. |
Geographical revenue split Revenue concentrated in Indian states of Rajasthan, Assam, Uttarakhand, West Bengal, Goa, and Himachal Pradesh. |
Order book Current projects include contracts worth several hundred crore rupees across multiple Indian states, focused on power distribution infrastructure. |
Whats driving growth Government rural electrification initiatives, power sector investments, strategic geographic expansion, and efficiency improvements drive growth. |
Our future plans Planning IPO to raise ₹200 Crore; expanding EPC operations and entering new regional markets to scale business sustainably. |
Our green promise Committed to energy conservation using latest technology to minimize consumption; following safety and environment protection policies. |
Our people and values Board diversity includes executive and independent directors; emphasizes ethics, compliance, and employee welfare. |
Key challenges ahead Rising input costs, inflation, regulatory changes, and project execution risks in competitive EPC environment. |
Interesting facts Evolved from electrical goods trading since 1969 to a major EPC player; Credit rating of BBB stable by CRISIL; IPO planned. |
Risks and strategy Mitigates operational and market risks via disciplined expansion, governance, cost controls, and compliance with industry standards. |