HOW THEY FAIRED?
Numeric UPS* bagged the most Prestigious SD's No1. Power Electronics Company of the year award for the 27th 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 682.00 crores, up from 645.00 crores, thus as the fastest pace post acquication   infact growing by over 5.7% 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 : 

SD estimates

APC - Schneider's UPS sales to be around 772 crore. 

Vertiv - Liebert revenue increased to 855 crore. 

Eaton's Power Quality revenue is around 162 crore. These figure are just SD's estimates through our own market sources & our
contacts within the company and information coming out of Government agencies. 

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, Solar power control unit & Hybrid Inverter which are very successful.  They have set up a huge plant in Sanand, Gujarat. This year Softdisk estimates the company to have netted revenues of 524.20 crores for UPS, SPCUs. & Hybrid Inverter of which majority is revenue thru sales of SPCUs. & Hybrid Inverter. Drives not included. 

Here it is worth mentioning that Govt.'s Right to Information policy has come good to evaluate the unknown to a certain extent.

Consul now acquired by Fuji Electric grew by 21.69% over the past year to net 505 crore mark being adjudged the SD's No. 2 Power Electronic Company of the year. However Consul's are also the SD's No.2 Online UPS company of the year with UPS sales amounting to 385.00 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 234.00 crore emerged as SD's No. 3 Power Electronic Company of the year. Although Switching AVO  didn't grow big but maintaining a over 225 crore turnover speaks volumes about the company. Switching AVO are  also the SD's No. 3 Online UPS Manufacturer of the year.

Mumbai based CyberPower Systems maintained its position in SD's top 10 club by grabbing SD's No 4 position in this years SD Rankings. CyberPower  netted revenues to the tune of 159.16 crore being crowned SD's No.4 Power Electronic Company, CyberPower are also the SD's No.2 Line-interactive UPS Company of the year with 39.62  Crore being generated thru line interactive sales.

Next in line are the Last years No. 4, Best Power  Equipments (I) Pvt. Ltd. BPE  netted revenues to the tune of 148.00 crore being crowned SD's No.5 Power Electronic Company for the year 2019. The entire turnover accounted for the sale of online UPSs making it the SD's No. 4 Online UPS Company of the year. 

Next in the league is Bangalore based PowerOne Micro Systems Pvt. Ltd. which  won the coveted SD's No.6 company of the year award. The company netted revenues to the tune of 134.85 crore, making it the SD's No. 6  Power Electronic Company of the Year. Last year the company had netted revenues to the tune of  119.20 crores, a major jump considering, considering the average industry growth to be around 5.36%. 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 in the league are the Bangalore based Techser Power Solutions Pvt. Ltd. They were crowned SD's No. 7 Power Electronic Company of the year. Company's  revenue decreased by  6.27%. 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 has already crossed its revenue in the first two quarter. Techser are also the  SD's No. 5 Online UPS Manufacturer of the year 2018-19.

Delhi based Uniline Energy Systems jumped one place  to claim SD's No 8 spot in this years SD Rankings. Uniline  netted revenues to the tune of 94.00 crore. Uniline are also the leading Govt. suppliers of UPSs in the country.

Next are the  Hykon India Pvt. Ltd., A Thrissur, Kerala based company which this time also ended up as SD's No. 9 Power Electronic Company of the year and could manage only  72.39 crore as against 83.29 crores it netted last year, a dip of 13%. 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 10.08  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.

Last on list were the Bangalore based Arvi Systems & Controls Pvt. Ltd., grabbing the last spot in the SD's Top 10 Ratings,  company netted a turn over of 24.02 crore in 2018-19. A 35% growth, a huge jump over previous year.

Conclusion: The 2018-19 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 304 companies responded, while only 146 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.

EDITOR, SOFTDISK

 

 
SD Awards
SD's UPS AWARDS
SD's UPS Awards 2019
Survey Highlights
How They Faired
SD's Power Electronic Industry Analysis,
Year Ending March 2019
SD's Top 10
Power Electronic Companies
SD's Top 5
Online UPS Manufacturers
SD's Top 3
Line-Interactive UPS Manufacturers
SD's Top
Home UPS/CVT/Inverter Company
Special Awards
SD's UPS SURVEY
SD's UPS Users' Choice Awards 2019
Companies to Watch
SD Users' Satisfaction Rating
SD's SOLAR AWARDS
SD's Solar Market Analysis 2019
SD's top 5, SPV Panel Manufacturers of the Year 2019
SD's top 5, SPCU Manufacturers of the Year 2019
SD's top 5, Hybrid-Grid Sharing Solar Power Solution Provider of the Year 2019
SD's top 5, Off-Grid Sharing Solar Power Solution Provider of the Year 2019
SD's A++ Green Star Rating 2019

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