Schneider Electric Infrastructure Ltd (SEIL) has reported a 19 per cent year-on-year growth in order inflow during Q1 (April to June) of FY25.
In an investor presentation, SEIL said that new order inflow in Q1FY25, at Rs.531 crore, was 19 per cent higher than the comparable Rs.447 crore in Q1FY24. There was “good momentum in orders across all segments,” the presentation noted.
The order backlog, as of June 30, 2024, was Rs.1,294 crore, up 15.6 per cent over the corresponding level last year.
It may be mentioned that SEIL had closed FY24 with order inflows of Rs.1,951 crore (up 26.9 per cent over FY23) and the order backlog as of March 31, 2024, was Rs.1,226 crore – 14.2 per cent higher than that of March 31, 2023.
Key orders in Q1FY25
During Q1FY25, SEIL won some breakthrough orders that included a power train module (PTM) for one a large data centre in India. This PTM comprised 11kV ring main unit (RMU), a 2.25 MVA transformer and a 415V low-voltage panel.
SEIL also won its first order for 33kV, 2500A AIS panels for a transmission utility in northeast India. This creates a reference for similar requirement in other utilities, the presentation said.
Significantly, SEIL, during Q1FY25, won its first order for the newly-launched EasySet MV panels. The order, for 11kV AIS panels, was placed by a power distribution utility in the NCR region, the presentation said.
SEIL also re-entered the 765kV CRP SAS business after a gap of over nine years by clinching a mandate to deploy CRP (control and relay panel) and SAS (substation automation system) for a 765/400/220kV substation of a major government power utility in north India. This win also creates a reference for upcoming 765kV substations, SEIL said.
The company also landed an electrical SCADA order for India’s first semiconductor assembly and test facility in India. The order included an RTU (remote terminal unit) panel for control and monitoring of switchgear, along with centralized EPO (EcoStruxure Power Operation) & ARDM (advanced reporting dashboard module) software, the presentation said.
Overseas orders won by SEIL in Q1FY25 included those from Nepal (upgrade of 33/11kV substations), Australia (transformers for a fertilizer plant) and Qatar (distribution transformers for an energy plant).
Green transformers
In an investor call, the senior management of SEIL said that the company was focusing on “green” transformers where conventional mineral oil would be replaced by natural vegetable (ester) oil. The company was also trying to further digitalize its transformer portfolio so as to have sensors fitted to transformers, thus enabling their monitoring through cloud-based apps.
Also read: Schneider Electric sees big opportunity in smart grids
Featured photograph shows the transformer factory of Schneider Electric Infrastructure Ltd (SEIL) at Vadodara in Gujarat. At the same location, SEIL also has a facility for manufacturing medium-voltage switchgear.
