2 weeks ago
Shera Energy targets 25-30% revenue growth in FY27
Shera Energy is a company in India that makes wires used in electrical things like transformers and motors.
They started in 2003 and now make a lot of money each year.
This year, they want to make even more money, about 25 to 30 percent more.
To do that, they are making new products like solar ribbon, which helps solar panels work.
They are also making special wires for big transformers.
Right now, India has to buy some of these from China, but Shera Energy wants to make them in India.
They have already started testing the new solar ribbon and have sent samples to customers.
Once they get official approval, they will start making it in large amounts.
This helps India make more things itself and buy less from other countries.
Shera Energy aims for 25-30% revenue growth in the current financial year (FY27).
The company reported an annual turnover of ₹1,640 crore in FY26.
It is expanding into solar ribbon and Continuously Transposed Conductors (CTC) production.
Solar ribbon manufacturing trials have begun near Jaipur, with commercial production pending regulatory certification.
The company has an annual production capacity of around 36,000 tonnes.
- Who
- Shera Energy, a Jaipur-based NSE-listed company, and its Chairman and Managing Director Naseem Sheikh
- What
- The company is targeting 25-30% revenue growth in FY27 through capacity expansion and new value-added products like solar ribbon and CTC conductors
- Where
- Jaipur, India
- When
- In the current financial year (FY27), with the announcement made on August 16, 2026
- Why
- To benefit from India's growing investments in renewable energy and power infrastructure, and to align with the government's 'Make in India' initiative
Key facts
- Company
- Shera Energy
- Headquarters
- Jaipur, India
- Listing
- NSE-listed
- FY26 Turnover
- ₹1,640 crore
- Revenue Growth Target (FY27)
- 25-30%
- Annual Production Capacity
- Around 36,000 tonnes
- New Products
- Solar ribbon and Continuously Transposed Conductors (CTC)
- Founded
- 2003
Quotes
Naseem Sheikh
Chairman and Managing Director of Shera Energy
“"Solar panel manufacturers were forced to import solar ribbon wires and flat wires from China. Very soon, you will see India becoming self‑sufficient in producing solar ribbons."”
thehindubusinessline.com
“"We are aligning ourselves with the government's idea of Make in India creating more value in India, reducing imports and exploring greater export potential."”
thehindubusinessline.com










