Sudhir Power Ltd
Diesel genset maker diversifying into hybrid power, EV charging and energy storage.
Market cap
₹2,001 Cr
3.42 Cr shares
P/E ratio
12.74
Sector average 26
Book value
₹186.90
P/B 3.13
1-year return
+24.83%
52w ₹448 – ₹742
Currently 47% of the way through its 52-week range.
Indicative price history
1Y change
+24.83% ₹469 → ₹585
52-week band in this window: ₹461.68 – ₹713.93. Weekly indicative marks, not exchange-traded prices.
Key highlights
- Emission-norm transitions force fleet replacement, driving a recurring upgrade cycle.
- Nationwide service network yields high-margin AMC revenue.
- Early positioning in storage, solar hybrid and EV charging.
About Sudhir Power
Sudhir Power manufactures diesel and gas generating sets, along with electrical panels, transformers and power distribution equipment.
The company has expanded into solar hybrid systems, battery energy storage and EV charging infrastructure as emission norms tighten.
Customers span data centres, telecom, healthcare, manufacturing and infrastructure projects, supported by a nationwide service network.
Where the revenue comes from
- Diesel & gas gensets61%
Manufacture and sale of generating sets
- Panels & transformers19%
Electrical distribution equipment
- Service & AMC13%
Installed base maintenance contracts
- Storage, solar & EV charging7%
New energy product lines
Products & services
Diesel & gas gensets
10 kVA to 3,000 kVA generating sets.
Switchgear & transformers
Panels, transformers and distribution equipment.
Energy storage & hybrid
Battery storage and solar-diesel hybrids.
EV charging
AC and DC chargers for fleets and commercial sites.
What works
- • Emission norm transitions force fleet replacement, creating a recurring upgrade cycle.
- • Nationwide service network generates high-margin annual maintenance revenue.
- • Early positioning in energy storage and EV charging adds a growth option.
What to watch
- • Genset demand is tied to capital expenditure cycles and can slow sharply.
- • Long-term decarbonisation pressure works against diesel generation.
- • Competes with much larger equipment manufacturers on price and financing.
Compare with peers
| Company | Price | Market cap | P/E | P/B | Rev CAGR |
|---|---|---|---|---|---|
| Sudhir PowerThis page | ₹585.00 | ₹2,001 Cr | 12.74 | 3.13 | +22.22% |
| ESDS | ₹405.00 | ₹4,617 Cr | 51.86 | 8.40 | +24.34% |
| CIAL | ₹448.00 | ₹17,114 Cr | 36.87 | 5.31 | +15.16% |
Latest reported year: FY26 ending 31 Mar 2026.