Gupta Power Infrastructure Limited
Background
Gupta Power Infrastructure Limited (GPIL), established in 1961, is a prominent entity in the electrical manufacturing sector, specializing in the production of power cables, conductors, wire rods, household wires, and LED lighting solutions. As the flagship company of the JRG Group, GPIL has consistently pursued innovation and quality, aiming to deliver world-class products and services that ensure complete consumer satisfaction while prioritizing employee welfare.
Key Strategic Focus
GPIL's strategic focus encompasses:
- Product Diversification: Offering a comprehensive range of electrical products, including overhead conductors, high-tension (HT) and low-tension (LT) power cables up to 66 kV, instrumentation cables, mining cables, thermocouple cables, airfield lighting cables, railway signaling cables, and specialized cables.
- EPC Services: Providing integrated turnkey solutions through its Engineering, Procurement, and Construction (EPC) division, which is supported by a dedicated team of designers and engineers.
- Technological Advancement: Manufacturing High-Temperature Low-Sag (HTLS) conductors in technical collaboration with CTC Global, USA, to enhance current carrying capacity and reduce sag-tension properties.
- Market Expansion: Extending its market reach through a robust distribution network, with Rhino retail products available via 500 registered dealers and distributors and over 5,000 retail outlets across India.
Financials and Funding
As of the financial year ending March 31, 2022, GPIL reported:
- Total Revenue: Over ₹500 crore, marking a 25.24% year-over-year growth.
- Profitability: A 20.45% increase in profit compared to the previous year.
- Net Worth: An impressive 56.64% increase, reflecting strong financial health.
The company's authorized share capital stands at ₹10.00 crore, with a paid-up capital of ₹9.54 crore. GPIL has secured loans totaling ₹6,748.95 crore from various financial institutions, including Canara Bank, Allahabad Bank, HDFC Bank Limited, and Bank of India.
Technological Platform and Innovation
GPIL distinguishes itself through:
- Proprietary Technologies: Manufacturing HTLS conductors in collaboration with CTC Global, USA, enhancing current carrying capacity and reducing sag-tension properties.
- Research & Development: Operating an in-house R&D division equipped with a state-of-the-art laboratory and quality assurance division, focusing on developing innovative products and improving manufacturing processes.
- Quality Assurance: Adhering to strict quality standards, evidenced by ISO 9001:2008, ISO 14001:2004, and OHSAS 18001:2007 certifications.
Leadership Team
GPIL's leadership comprises:
- Shri Mahendra Gupta: Chairman & Managing Director, known for his perseverance and confidence in driving the company's success.
- Shri Jitendra Mohan Gupta: Joint Managing Director, focusing on strengthening in-house partnerships and forming new alliances.
- Shri Abhishek Gupta: Joint Managing Director, an MBA from Drexel University, USA, who integrates family culture, education, and global work exposure to shape the business.
Competitor Profile
Market Insights and Dynamics:
The electrical manufacturing industry in India is characterized by robust growth, driven by infrastructure development and increasing demand for power solutions. GPIL operates in a competitive landscape alongside key players such as:
- KEC International: A multinational company engaged in power transmission, distribution, railways, cables, solar, civil, and smart infrastructure projects.
- Paramount Communications: Specializes in wire and cable manufacturing.
- RR Kabel: Manufactures a range of electronic products.
- Universal Cables: Designs and manufactures paper-insulated cables.
Strategic Collaborations and Partnerships
GPIL has established significant collaborations to enhance its technological capabilities:
- CTC Global, USA: For manufacturing HTLS conductors with improved performance characteristics.
- Trefilados De Navarra SA (TREFINASA), Spain: For manufacturing and supplying GAP product lines.
Operational Insights
GPIL's competitive advantages include:
- Integrated Manufacturing Facilities: Operating three ultra-modern manufacturing plants equipped with the latest technologies.
- Comprehensive Product Portfolio: Offering a wide range of electrical products and EPC services.
- Strong Distribution Network: Ensuring extensive market reach through a robust dealer and distributor network.
Strategic Opportunities and Future Directions
GPIL aims to:
- Expand Market Presence: By leveraging its diverse product portfolio and strengthening its distribution channels.
- Enhance Technological Capabilities: Through ongoing R&D and strategic collaborations.
- Focus on Sustainable Practices: By adopting environmentally friendly manufacturing processes and products.
Contact Information
- Website: guptapower.com
- Headquarters: Bhubaneswar, Odisha, India