Danish Power

About the Company

Established in 1985, Danish Power specializes in the manufacturing of a wide range of transformers, including inverter duty transformers for renewable energy projects like solar power plants and wind farms, as well as oil and dry-type power and distribution transformers. The company also offers control relay panels and substation automation services. These products and services are utilized across various sectors to ensure the efficient transmission and distribution of electrical power, supporting projects such as solar and wind power installations, power generation plants, electricity substations, and power utilities. Danish Power’s esteemed clientele includes Tata Power Solar System Ltd, Waaree Renewable Technologies Limited, Jakson Green Private Limited, ABB India Limited, and Torrent Power Limited.

Strengths

• The company has a diversified product base which enables it to serve clients from various industries.
• The company’s manufacturing units are well-equipped with the required machinery, equipment, and infrastructure to carry out the requisite manufacturing activities in compliance with the manufacturing standards.
• The company is accredited with various quality management-related ISOs. Its focus on quality has made them retain existing customers and attract new customers.

Risks

• Nearly 87% of the company’s revenues are dependent on the top 10 clients. The loss of any one or more of the major customers would have a material adverse effect on the business.
• The company’s operations require a significant amount of working capital for continuing growth. Any inability to meet its working capital requirements may adversely affect the results of operations.
• It may not be able to realize the amounts, partly or at all, reflected in the order book which may materially and adversely affect the business, prospects, reputation, and profitability.
• Underutilization of its manufacturing capacities and an inability to effectively utilize the existing manufacturing capacities could adversely affect the business.