EHV cable and Apex revenues to drive growth
Date: Aug 10, 2011
DPIL is expected to start production of EHV cables from Q1FY12 with an installed capacity of 2,000 KM. As of now the demand for EHV cables is largely met through imports with 7,000 KM of wire being imported in FY10. We expect the EHV cable segment to contribute about 10-12% of revenue by FY13. Margins are as high as 20% in this segment. Apex transformers acquired in 2007 has a wide voltage range in power transformers and is expected to be fully operational by Q2FY12 and provide synergy to DPIL’s existing business.