2 weeks ago

Shera Energy targets 25-30% revenue growth in FY27

Shera Energy targets 25-30% revenue growth in FY27
Shera Energy eyes 25-30% revenue growth in FY27; bets on new products, capacity expansion · thehindubusinessline.com

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.

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

Sources

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