Numeric UPS* bagged the most Prestigious SD's No1. Power Electronics
Company of the year award for the 26th consecutive year, making it the
largest winning streak unheard of in the Power Electronic Industry
vertical. The company is also the largest manufacturer of Online UPS
Systems in India making it the SD's No.1 Online UPS Company of the year
and also the SD's No. 1 Line interactive UPS Company of the year awards.
All the three firsts related to UPS went to NUMERIC UPS, making it the
most successful UPS brand in the country. The company netted the total
revenues of 645.00 crores, up from 625.25 crores, thus changing over the
decline trend set last few years infact growing by over 3% over the
previous years turnover. Numeric back on growth path will be a threat
for other UPS manufacturers.
(*Numeric UPS is part of Legrand Group. The registered Indian legal
entity is known as Novateur Electrical & Digital Systems Pvt. Ltd. which
comprises of 3 Brands / Divisions Legrand, Indo-Asian and Numeric*,) but
the turnover figures printed are purely of Online & Inline UPS Systems.
Schneider Electric IT Business India Pvt. Ltd, Vertiv-Liebert,
Socomec and Eaton's who didn't wanted their figures to be published
terming it to be their company policy. For UPSs sales of these companies
APC - Schneider's UPS sales to be around 693 crore.
Vertiv - Liebert revenue increased to 736 is some where around 590
Eaton's Power Quality revenue is around 174 crore. These figure are
just SD's estimates through our own market sources & our
contacts within the company and information coming out of Government
Hitachi Hi-Rel Power
Electronics Pvt. Ltd. which went for major re-positioning in the last
three financial year has teamed up with Hitachi. And has finally started
delivering. This teaming up has worked wonders for the company but not
that much in the UPS field but has started emphasizing as the company
started giving more emphasis on Drives for which they have set up a huge
plant in Sanand, Gujarat. This year Softdisk estimates the company to
have netted revenues of 470.50 crores for UPS & SPCUs. Of which nearly
crores are thru sales of UPS alone.
Here it is worth mentioning that Govt.'s Right to Information policy
has come good to evaluate the unknown to a certain extent.
Consul went up one rank one rank showing growth over 22% over the
past year being adjudged the SD's No. 2 Power Electronic Company of the
year. The company netted revenues to the tune of 415.00 crore, up from
previous year turnover of 340.00 crore. However Consul's are also the
SD's No.2 Online UPS company of the year with UPS sales amounting to
330.00 crores. All these makes Consul - A high growth company,
especially in the wake of extended interest in the Solar business which
is evident from its acquirement Pune based Megatech a
predominantly solar oriented company & Neowatt-famous for its technical
expertise in both custom built UPS Systems and Solar field.
Next in the league was the company, maintaining its businesses
successfully making it among the 3rd spot in the SD's top 10 club, Kolkatta based Switching AVO Electro Power Ltd. Switching with a revenue
of 218.00 crore emerged as SD's No. 3 Power Electronic Company of the
year. Although Switching AVO didn't grow big but maintaining a over 200 crore turnover speaks volumes about the company. Switching AVO are also
the SD's No. 3 Online UPS Manufacturer of the year.
Next in line are the Last years No. 6, BEST POWER EQUIPMENTS (I) PVT.
LTD. BPE netted revenues to the tune of 147.00 crore
being crowned SD's No.4 Power Electronic Company for the year 2018. A
jump of two positions over previous year.
Mumbai based CyberPower Systems maintained its position in SD's top
10 club by grabbing SD's No 5 position in this years SD Rankings. CyberPower netted revenues to the tune of 143.00 crore
being crowned SD's No.5 Power Electronic Company, CyberPower are also
the SD's No.2 Line-interactive UPS Company of the year with 39.10 Crore
being generated thru line interactive sales.
Next in the league are the Bangalore based Techser Power Solutions
Pvt. Ltd. They were crowned SD's No. 6 Power Electronic Company of the
year. Company's revenue increased by over 42% has been due to the
strategic marketing and and identifying niche customer areas. No
wonders, if company ends up even higher in the top 10 rankings chart in
the coming years, Signals to this effect are already visible. The
company netted total revenues of 128.37 crores, up from 90.01 crore it
had in 2016-17. Techser are also the SD's No. 5 Online UPS Manufacturer
of the year 2017-18.
Next in the league is Bangalore based PowerOne Micro Systems Pvt.
Ltd. which won the coveted SD's No.7 company of the year. The company
netted revenues to the tune of 119.20 crore, making it the SD's No. 7
Power Electronic Company of the Year. Last year the company had netted
revenues to the tune of 113.02 crores, a major jump considering,
considering the average industry growth to be around 8.96%. Company's
tagline is to save the bottom line. For the second consecutive time the
company crossed the turnover of 100 crores and that to without
compromising on margins speaks volumes about the the quality and
acceptance of their product.
Next are the Hykon India Pvt. Ltd., A Thrissur, Kerala based company
which this time also ended up as SD's No. 8 Power Electronic Company of
the year and could manage only 83.29 crore as against 87.84 crores it
netted last year, a small dip of 5%. The company has been showing
upwards trend ever since it entered the SD's Top 10 Club. Hykon are also
the SD's No.3 Line-interactive UPS Company of the year with 10.60 Crore
being generated thru line
interactive sales. We are witnessing a steady growth, year after year in
Hykon, last year was a slip as we missed a few contracts very narrowly,
laments Mr. Christo George, MD, Hykon
Delhi based Uniline Energy Systems jumped one place to claim SD's No
9 spot in this years SD Rankings. Uniline netted revenues to the tune of
77.00 crore. Uniline are also the leading Govt. suppliers of UPSs in the
Last on list were the Delhi based Tritronics India Pvt. Ltd.,
grabbing the last spot in the SD's Top 10 Ratings, company netted a turn
over of 60 crore in 2017-18. A 36% growth, a huge jump over previous
Conclusion: The 2017-18 can be termed as a relatively good year for
the SD's Top 10 UPS Companies. Some of the UPS companies grew well above
the industry average while other failed to achieve what they had last
year, at a time when margins are squeezed. Volume wise there is increase
in sales of almost 19.70%. In all 316 companies responded, while only
178 companies ware rated. Softdisk believes back ourselves for two three
good years ahead.
These rankings are limited to the companies responding to our survey
by providing data & also estimated by our team.