Scripscan:Alfa Transformers Ltd
BSE code:517546
cmp:35
Story:Alfa Transformers is focusing on domestic orders from Utilities & Private customers and also taking all possible steps for procuring orders from overseas.The Company has absorbed the Hitachi Technology and able to manufacture prototype of different ratings & got them type tested at external laboratories.As a result,the Company is now ready for participating in Tender floated by different agencies.Its Unit-IV at Vadodara is ready and the commercial production of CRGO Distribution Transformers was commenced w.e.f. 24.02.2009.The Company has also registered with Electrical Utility Companies of Gujarat & Rajasthan and is also participated in tenders.The Company had procured a small order &execution has already started.Alfa transformer is hopeful of getting another order from Utilities in Gujarat shortly.The imported wound core machines have already been installed & trial production of wound cores was also started in the present fiscal. Similarly, the Unit-II factory at Bhubaneswar has already started its commercial production.It has started its manufacturing of Amorphous Core &single phase amorphous Transformers in full swing with the help of Hitachi Metal (India) limited.The factories at Unit-I, Unit-II and Unit-III which re situated in Orissa would fulfill the demand of Eastern India and Unit-IV will cater to Western India.The Company is also planning to complete the construction of Nasik Unit during 2009-10.It is also in search for a suitable land in or around Bhubaneswar to overcome the space inadequacy.Transformer Industry & Power Industry of the country are closely associated and in a way are interdependent as electricity can't reach the end users without inserting transformers en-route for transformation of variousvoltage levels.The Government programmes for providing electricity to all, and electrifying remaining 1,25,000 villages is good symbol for electrical manufacturing industry, suppliers of Transformers & its Accessories etc. The future requirements for transformers are enormous and alfa is geared up to catapult itself in the top league with the above mentioned developments.Its a small company with tiny marketcap of 18crs but the potential looks immense.At 30rs odd looks worth a bet for the longer term perspective.
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