This little-known stock supplies critical components to the transformer industry
power sector has become a darling of the stock market. Fuelled by a booming population, industrial expansion, and scorching summers, the demand for electricity has skyrocketed. Homes and businesses alike are cranking up air conditioners to battle the heat, pushing the national grid to its limits.
Amid this surge in power consumption, a niche within the broader sector has begun to garner significant attention: the power transformer industry. These unsung heroes, often hidden away in substations and distribution centres, play a critical role in ensuring a smooth flow of electricity. Think of them as the invisible conductors of our modern world, silently transforming raw voltage from power plants into levels usable by homes, factories, and everything in between.
As the power transformer industry takes centrestage, Vilas Transcore, a recent addition to the stock market, is poised to be a key contributor to India's power transformation journey. Vilas Transcore manufactures and supplies power distribution and transmission components, primarily to transformer and other power equipment manufacturers in India and abroad. The company has two manufacturing units: one situated in Ramangamdi, Baroda, covering an area of 2,200 sq.
metre, and the second in Vadodara, Gujarat, covering an area of 11,000 sq. metre. It is allowed to source toroidal cores for current transformers (CT) up to 400 KV class for power grid projects.
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