Image Source : Justdial
Jaybee Laminations Ltd, a key player in India’s electrical steel and transformer component manufacturing sector, has announced the receipt of fresh work orders worth Rs 1.73 billion. The orders, confirmed on September 15, 2025, mark a significant boost to the company’s order book and reinforce its position as a preferred supplier for power and distribution transformer manufacturers across the country.
The new contracts are expected to be executed over the next two quarters and will primarily involve the production of cold-rolled grain-oriented (CRGO) silicon steel laminations, slit coils, and assembled cores. These components are critical to the performance and efficiency of transformers used in high-voltage power transmission and distribution networks.
Key highlights from the work order announcement
- Jaybee Laminations receives Rs 1.73 billion in fresh work orders
- Orders span CRGO laminations, slit coils, and assembled transformer cores
- Execution timeline expected to cover Q3 and Q4 of FY2025–26
- Orders linked to power infrastructure upgrades and renewable energy projects
- Company targets expansion into 400 kV and 765 kV transformer segments by H2 FY2025
- Strong demand outlook driven by government’s Viksit Bharat 2047 infrastructure roadmap
Strategic importance of CRGO laminations
Jaybee Laminations specializes in CRGO silicon steel products, which are essential for minimizing core losses in transformers. These laminations are precision-cut and assembled to meet the technical specifications of power utilities and private sector OEMs. With India’s power grid undergoing modernization and expansion, demand for high-efficiency transformer components has surged.
The Rs 1.73 billion order inflow reflects growing confidence in Jaybee’s manufacturing capabilities, quality standards, and delivery timelines. The company is currently catering to transformers up to 220 kV and is preparing to enter the ultra-high voltage segment, targeting 400 kV and 765 kV applications.
Execution and operational readiness
Jaybee Laminations operates advanced manufacturing facilities equipped with CNC cutting machines, annealing furnaces, and automated core assembly lines. The company has confirmed that it is well-positioned to execute the new orders without disrupting existing commitments.
Operational measures include:
- Scaling up production capacity at its primary plant
- Streamlining procurement of CRGO coils from approved global suppliers
- Enhancing workforce training for precision core assembly
- Implementing lean manufacturing protocols to optimize throughput
The company’s recent financials show consistent growth, with a 44 percent increase in quarterly sales and a strong return on capital employed. These metrics underscore its ability to absorb large orders while maintaining profitability.
Sectoral momentum and policy tailwinds
India’s transformer manufacturing sector is experiencing renewed momentum, driven by:
- Government-led transmission upgrades under the Revamped Distribution Sector Scheme
- Increased electrification of rural and semi-urban areas
- Rising demand for grid-connected renewable energy systems
- Export opportunities in Africa, Southeast Asia, and the Middle East
Jaybee Laminations is strategically aligned with these trends, offering products that meet both domestic and international standards. The company’s focus on CRGO-based solutions positions it well to benefit from the shift toward energy-efficient infrastructure.
Market response and investor sentiment
Following the announcement, Jaybee Laminations’ stock saw increased trading activity on the NSE SME platform, with analysts noting the potential for upward revision in earnings estimates. The company’s market capitalization currently stands at approximately Rs 492 crore, with a price-to-earnings ratio of 19.3 and a three-year ROE of 30 percent.
While the company does not currently offer dividends, its reinvestment strategy and order visibility suggest strong long-term value creation for shareholders.
Mixing precision with performance
Jaybee Laminations’ latest work order win underscores its growing role in India’s power infrastructure ecosystem. By combining technical expertise with operational agility, the company is not only meeting current demand but also preparing for the next wave of grid modernization. As India powers ahead toward its Viksit Bharat goals, Jaybee’s laminations will remain at the core of the transformation.
Sources: Screener.in, Trendlyne, NSE India
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