GTB Group

What GTB Group does

GTB Group (legally Guru Teg Bahadur Metal Works) is an Indian power and distribution transformer manufacturer founded in 1992 and headquartered in Ludhiana, Punjab. The company designs, manufactures, and commissions a broad range of transformers and power-conditioning equipment, including distribution transformers rated 5KVA to 5000KVA, OLTC transformers, dry-type VPI transformers, servo voltage stabilizers, compact substations, special-purpose transformers, and electrical panels. Its offerings extend into Solar EPC services, providing end-to-end deployment of photovoltaic systems alongside the core transformer business.

The company sells to a diverse enterprise and institutional customer base across India. Named clients span government utilities (Punjab State Power Corporation / PSPCL, Department of Atomic Energy), large EPC contractors (TATA Projects), consumer staples producers (Daawat), hospitality chains (ITC Hotels, Radisson, Club Mahindra), pharmaceuticals (Mankind Pharma, Punjab Chemicals), and agro-processing customers — with cited installed bases of 85.5 MVA in the rice industry in Jharkhand and 80.5 MVA in West Bengal. Operations span at least eight Indian states (Punjab, Haryana, Uttar Pradesh, Jharkhand, West Bengal, Himachal Pradesh, Uttarakhand, and Bihar), supported by an in-house manufacturing setup and a dedicated field-sales and service network. The company also operates a separate International Sales Division, indicating selective cross-border ambitions.

GTB Group is structured as a private partnership (101–250 employees) led by Managing Partner Harjot Singh and Partner-Technical Pradeep Sharma. Commercial activity is project- and order-driven — sales are executed through direct field sales, government tenders, and a dealer network, backed by ISO 9001:2015 certification, Department of Atomic Energy approved-vendor status, and TATA Projects approved-vendor recognition. Revenue is generated via unit sales of transformers, panel orders, and Solar EPC contracts. The firm does not disclose revenue or external funding and operates as a self-funded partnership.

Name

GTB Group

Legal name

GTB Group

Website

https://gtbtransformers.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

101–250 employees

Short description

GTB Group is a Ludhiana, India-based manufacturer of power and distribution transformers (5KVA–5000KVA), voltage stabilizers, compact substations, and solar EPC systems, serving government utilities, EPC contractors, and enterprise customers across 8+ Indian states.

Ownership category

akta.pro rank

Product category

Power Transformers and Electrical Equipment Manufacturing

NAICS

Power, Distribution, and Specialty Transformer Manufacturing (335311), Electrical Equipment Manufacturing (33531)

SIC

Power, Distribution & Specialty Transformers (3612)

akta.pro primary industry

PV Balance of System (BOS) & Electrical Infrastructure (Inverters, Transformers, Cabling, Substations) (EUACAGAC)

akta.pro secondary industries

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Substation & Interconnection EPC (Collector/POI Substations, Switchyards) (EUAEADAC)

Keywords

• Distribution transformers
• Power transformers
• Voltage stabilizers
• Compact substations
• Electrical panel manufacturing

Headquarters

HQ city

Ludhiana

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Transformer Manufacturing and Sales: GTB Group generates revenue through the manufacture and sale of electrical distribution transformers, power management equipment, and related products. The company sells directly to industrial customers, contractors, and through dealer networks. Revenue is generated from one-time product sales with after-sales service support. Products range from standard distribution transformers (5KVA-5000KVA) to specialized solutions like solar inverter duty transformers and compact substations.
2. Solar EPC Services: Rooftop solar installation and utility-scale solar project execution services. Includes comprehensive operation and maintenance services for solar projects. Revenue generated from project execution and ongoing maintenance contracts.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

GTB Group manufactures and supplies electrical power equipment centered on distribution transformers ranging from 5 KVA to 5000 KVA at 11/22/33 KV class, along with OLTC transformers, dry type (VPI) transformers, servo voltage stabilizers, compact substations, special purpose transformers (ultra isolation and furnace), and electrical panels. The company also provides end-to-end rooftop and utility-scale solar EPC services including design, installation, commissioning, and operations and maintenance. Customers span industrial manufacturing, rice processing, pharmaceutical, hospitality, government utilities, mining, construction, banking, and solar EPC sectors across India.

Product overview

GTB Group is a Ludhiana, Punjab-based manufacturer and supplier of electrical power equipment, primarily transformers. The product portfolio centers on Distribution Transformers (5 KVA–5000 KVA, up to 33 KV class) as the core offering, augmented by Distribution Transformers with OLTC for voltage regulation, Dry Type Transformers for indoor/fire-safety applications, Servo Voltage Stabilizers for power conditioning, and Compact Substations for portable power distribution. Special Purpose Transformers cover Ultra Isolation Transformers and Furnace Transformers for niche industrial uses. The company has expanded into Solar EPC Services (rooftop and utility-scale) and Electrical Panels, creating a complementary ecosystem of power generation, distribution, and control products. All core transformer products share common engineering foundations (CRGO cores, copper/aluminum windings, oil immersion or VPI insulation) and serve overlapping customer bases in industrial, utility, commercial, and infrastructure sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Distribution Transformers Oil-immersed distribution transformers ranging from 5 KVA to 5000 KVA at 11/22/33 KV class, manufactured per IS 2026/1977, IS 1180/1969, and IEC 60076 standards. Built with cold rolled grain oriented and laser processed silicon steel sheet cores for low iron loss, low noise, and high efficiency, and high-quality copper/aluminum conductors with thermally upgraded insulating paper. Used for power distribution across industrial, utility, and commercial applications.
• Distribution Transformers with OLTC On-Load Tap Changer (OLTC) transformers up to 3500 KVA capacity coupled with transformers for higher capacity applications where HT side voltage variation is frequent. Features Geneva mechanism with spindle for rotating contacts manually or electrically with motor, and RTCC (Remote Tap Changer Controller) for automatic voltage regulation. Used in chemical plants, paper mills, sugar mills, rolling mills, steel mills, and automation-intensive industries.
• Dry Type Transformers (VPI) Vacuum Pressure Impregnated (VPI) dry type transformers up to 2500 KVA, air-cooled for indoor applications where fire safety and environmental hazard prevention are critical. Used in schools, institutions, malls, hotels, and commercial buildings.
• Servo Voltage Stabilizers Voltage stabilization solutions ranging from 30 to 2500 KVA for protecting electrical equipment from erratic power supply, low voltage during daytime, and voltage surges during off-peak hours. Used across industrial, commercial, and institutional applications.
• Compact Substation Pre-engineered compact substations tailor-made to meet specific customer demand for feeding power from high voltage to low voltage in open cast mines, construction sites, and metro cities. Portable units with HT compartment (Ring Main Unit, Vacuum Circuit Breaker, Load Break Switches), transformer compartment, and LT compartment, designed for indoor/outdoor versatility and frequent shifting capability.
• Special Purpose Transformers Special purpose transformers including Ultra Isolation Transformers with multiple shielding techniques reducing inter-winding capacitance to below 0.005 Pico farad and DC isolation over 1000 Megohms for medical, industrial, and digital communication applications; and Furnace Transformers for arc/induction furnaces in steel plants, aluminum industries, and gas factories.
• Solar EPC Service End-to-end rooftop and utility-scale solar project services including design, installation, commissioning, and operational maintenance. With over 1000 KW of installed capacity since 2015, offers residential, commercial, industrial, and institutional solar solutions that can reduce monthly electricity bills by up to 80%+ and lower carbon footprint by 36.5 tons per KW over 25 years.
• Electrical Panels Custom-designed electrical panels including control panels, distribution panels, power distribution boards, lighting panels, and generator panels for efficient and reliable power distribution to sub-circuits in manufacturing, production, commercial, and institutional facilities.

Quantifiable outcome

• Low iron loss, low noise, and compact size with best performance for high efficiency transformers
• +3 more outcomes

Named customers17 records

Segments8 records

Ideal customer profiles7 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Voltamp Transformers: Indian-listed transformer manufacturer with similar product range in distribution and power transformers for industrial and utility customers — directly comparable mid-sized domestic peer competing in the same tender market.
• Transformers & Rectifiers (India): Ahmedabad-based transformer manufacturer producing distribution and power transformers up to utility-scale — directly comparable in product portfolio, Indian market focus, and customer segment overlap.
• Bharat Bijlee: Established Indian manufacturer of distribution and power transformers serving utilities, EPC contractors, and industrial customers — comparable product mix and customer base, but with larger scale and listed-company transparency.
• CG Power and Industrial Solutions: One of India's largest transformer manufacturers (part of Murugappa Group) producing distribution, power, and special transformers — directly competes in same product categories with significantly larger manufacturing footprint.
• Servokon Systems: Indian manufacturer of servo voltage stabilizers and transformers with overlapping product lines in voltage stabilization — comparable in serving industrial customers with similar KVA ranges.

Broad incumbents

• ABB India: Subsidiary of global electrification major offering power and distribution transformers as part of broader portfolio including switchgear, drives, and motors — competes on large utility and industrial tenders but with vastly broader product ecosystem.
• Siemens India: Indian arm of global electrical equipment major with distribution transformers, power transformers, and complete substation solutions — competes for same utility and industrial customers but with multinational scale, R&D, and balance sheet.
• Schneider Electric India: Global energy management and automation major with distribution transformers, panel solutions, and solar inverter offerings in India — competes on industrial, commercial, and infrastructure segments with broader digital and software stack.
• Hitachi Energy India: Indian operations of Hitachi Energy (formerly ABB Power Grids) specializing in power and distribution transformers, substations, and grid solutions — directly competes on utility and large infrastructure transformer orders with global technology depth.

Regional players

• Kirloskar Electric: Indian diversified electrical equipment manufacturer producing transformers, motors, and generators — comparable in industrial customer base and Indian market focus, with similar mid-tier positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UC56U1OHtT4OIDj9VhN54LTw
• Facebookfacebook.com/gtbgroupindia
• LinkedInlinkedin.com/company/gtbgroup
• Instagraminstagram.com/gtbgroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about GTB Group