RTS Power Corporation Ltd. BUY

RTS Power Corporation Ltd. is the flagship company of Bhutoria group with a track record of almost 60 years and the current annual turnover in excess of Rs. 1 billion.The company had come out with its maiden Public issue in August 1995.
The Company is one of the leading manufacturers of Power and Distribution Transformers ranging from 10KVA to 10MVA 11/33/66 KV Class and Extra High Voltage Power Transformers up to 40 MVA 132 KVA class.
The Company has set-up a cable manufacturing plant at Jaipur that commenced commercial production in March, 2007.

The company has planned Modernization and Expansion of Transformer and Cables Div. at a total cost of Rs. 65 crores.

the Company has started production of Single Phase Transformers to meet the growing demand under Rajiv Gandhi Grameen Vidhyutikaran Yojana (RGGVY).
Further, the Company has bagged new orders worth Rs 12.69 crores for the supply of Transformers to be used in Turnkey Projects and to be installed by Jharkhand State Electricity Board under RGGVY.

the Company has completed the Expansion of its Cable and Conductor Plant at Jaipur. Side by side, the Company has also participated in various tendering processes in the last few days and has bagged trial orders for supply of 600 kms of Cables & Conductors from various State Electricity Boards.

Moreover, it has acquired land for expansion of its Salkia Unit to manufacture Transformers upto 20MVA and to cater all types of Transformers of 66 KV Class. The Company also plans to add facilities to Cater the requirements of 220 KV Class Transformers.

the Company has bagged new Orders worth Rs 526.76 Million for the supply of 4735 Transformers and 1621.6 km Cables from a number of turnkey Projects and other Private Sector players and SEBs.

The Company has bagged Orders worth about Rs 240 million from Kalpataru Power Transmission for the supply of Transformers. Apart from this, the Company has bagged Orders from Sterling & Wilson, Nagarjuna Construction, Ramky Infrastructure and Associated Transrail Infrastructure Ltd. However, the total Orders in hand at present stands at Rs 1244.86 Million.
To expand new business dimensions, the Company has successfully been able to rope in leading private players in the field of T & D namely Kalpataru Power, Nagarjuna Construction, Bajaj Electricals, Emco, Genus Infra, Subhash Projects, Associated Transrail, Jyoti Structures, Indo Power, Sterling & Wilson, Angelique International, K B Const, Samad Engg (Dhaka), etc.
Recently the Company had started production of Single Phase Transformers to meet the growing demand under Rajiv Gandhi Grameen Vidhhyutikaran Yojana (RGGVY).

It has completed first phase of its expansion plan, including installation of its cable and conductor plant at Jaipur. Further, the Company has acquired land for expansion at its Salkia Unit to manufacture Transformers upto 25MVA, 66KV class Transformers. The Company plans to add new facilities to cater to the requirements of 220 KV class.

buy for target of 450 with in 4 months