What Kanohar does

Kanohar Electricals Limited manufactures power transformers, shunt reactors, Scott-connected transformers, traction transformers, and distribution transformers in Meerut, Uttar Pradesh, India. The company operates two manufacturing facilities — Rithani and Gangol — with an aggregate capacity of 19,200 MVA per annum as of September 2025, producing equipment up to 500 MVA 400 kV class (suitable up to 765 kV). It also manufactures Gas Insulated Switchgear (GIS) up to 252 kV under technical collaboration with Chung-Hsin Electric and Machinery Manufacturing Corporation (CHEM Taiwan), and provides Engineering, Procurement, and Construction (EPC) services for substations and transmission lines up to 400 kV class. The company reports ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications, and operates an in-house NABL-accredited testing laboratory.

The company holds meaningful technical and regulatory differentiators. It is one of only five Indian manufacturers with short-circuit test certification for 500 MVA 400 kV transformers from the National High Power Test Laboratory (NHPTL) and Central Power Research Institute (CPRI), and the first Indian company to receive Research Designs and Standards Organisation (RDSO) approval for a 100 MVA 220 kV Scott-connected transformer. Backward integration covers transformer tanks and radiators; vapour phase drying ovens, vertical winding machines, and indigenously developed Computer Aided Engineering (CAE) tools support design, while short-circuit testing has been completed for over 200 ratings.

Revenue is generated through project-based B2B sales — no public pricing — to state-owned power transmission utilities (named customers include Uttarakhand and Himachal Pradesh transmission utilities), Indian Railways (mainline, metro, and dedicated freight corridors), power generation companies, and industrial customers via a direct enterprise field-sales motion. Transformers account for approximately 85% of FY25 revenue, with GIS and EPC services for substations (since 2013/14) and transmission lines (since 2021/22) providing single-window turnkey offerings. FY25 revenue was ₹450.6 crore (+62.86% YoY) with profit after tax of ₹65.11 crore. The company is currently preparing a new IPO of up to ₹300 crore fresh issue plus an offer for sale by promoter K Sons Family Trust, with SEBI approval received in June 2026.

Name

Kanohar

Legal name

Kanohar Electricals Limited

Website

https://kanohar.com

Company type

Public

Founded year

1972

Operating status

Operating

Headcount range

251–500 employees

Short description

Kanohar Electricals Limited manufactures power transformers, shunt reactors, traction transformers, and gas-insulated switchgear from Meerut, India, serving state-owned power transmission utilities, Indian Railways, and industrial customers with turnkey EPC substation and transmission line services up to 400 kV class.

Ownership category

akta.pro rank

Product category

Power Transformers

NAICS

Power, Distribution, and Specialty Transformer Manufacturing (335311), Switchgear and Switchboard Apparatus Manufacturing (335313)

SIC

Power, Distribution & Specialty Transformers (3612), Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

Transformers (Power, Distribution, Instrument, Specialty) (IMAGAAAA)

akta.pro secondary industries

Power Transformers, Reactors & Auxiliary Power Systems (EUADACAJ), Grid-Scale Power Conversion & Interconnection (PCS, Grid-Tie Inverters, Converter Stations) (IMAGAAAI), Medium/Low-Voltage Power Distribution (MCCs, Panels, UPS, Grounding) (EUAEAFAB), Grid Interconnection & Collector Substation EPC (Utility-Scale Renewables) (EUAEABAK), Transmission Substations & High-Voltage Switchyards (EUADAAAF)

Keywords

• Power transformer manufacturing
• Gas insulated switchgear
• EPC substation services
• Railway traction transformers
• Transmission line construction

Headquarters

HQ city

Meerut

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Transformer Manufacturing: Manufacturing of power transformers, shunt reactors, Scott-connected transformers, traction transformers, and distribution transformers. Transformers account for 85% of FY2025 revenue.
2. Gas Insulated Switchgear (GIS): Manufacturing and supply of GIS up to 252 kV in technical collaboration with Chung-Hsin Electric and Machinery Manufacturing Corporation
3. EPC Services: Engineering, procurement, and construction services for substations and transmission lines. EPC substations business started in 2013, transmission lines EPC in 2021.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Kanohar Electricals manufactures high-voltage power transformers up to 500 MVA 400 kV, shunt reactors, Scott-connected traction transformers, traction transformers, and distribution transformers at two Meerut facilities with aggregate capacity of 19,200 MVA. It also manufactures gas insulated switchgear (GIS) up to 252 kV under technical collaboration with Chung-Hsin Electric and Machinery Manufacturing Corporation (CHEM Taiwan) and delivers turnkey EPC services for air-insulated and gas-insulated substations and transmission lines up to 400 kV class. The company's offerings target power transmission utilities, Indian Railways, metro rail operators, power generators, and large industrial customers across India.

Product overview

Kanohar Electricals is a transformer manufacturer and EPC service provider offering end-to-end solutions for power and rail networks. The company's product portfolio centers on five types of transformers (Power Transformers, Shunt Reactors, Scott-connected Transformers, Traction Transformers, and Distribution Transformers) supplemented by Gas Insulated Switchgear (GIS) manufactured under technical collaboration with Chung-Hsin Electric and Machinery Manufacturing Corporation, Taiwan. Complementing its manufacturing business, Kanohar provides EPC (Engineering, Procurement, Construction) services for substations and transmission lines up to 400kV class, enabling single-window turnkey solutions. The company serves power transmission utilities, railways, renewable energy, and power distribution sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Power Transformers High-voltage power transformers up to 500 MVA, 400 kV class (suitable up to 765 kV) with indigenously developed technology, backed by extensive type testing at reputed government laboratories such as CPRI and NHPTL; supplied to power transmission utilities and large industrial customers.
• Shunt Reactors Shunt reactors up to 125 MVAR, 400 kV class designed for power transmission applications to manage reactive power and voltage control, supplied to power transmission utilities.
• Scott-connected Transformers Scott-connected transformers up to 100 MVA 220/2x55 kV designed for railway electrification applications; supplied to Indian Railways and metro rail operators.
• Traction Transformers Traction transformers up to 30.24 MVA, 220 kV designed for railway electrification and traction substations supporting mainline railways, metro rail systems, and dedicated freight corridors.
• Distribution Transformers Distribution transformers for power distribution utilities, designed to step down voltage levels for industrial, commercial, and residential applications.
• Gas Insulated Switchgear (GIS) Gas insulated switchgear up to 252 kV manufactured in technical collaboration with Chung-Hsin Electric and Machinery Manufacturing Corporation (CHEM Taiwan), a global player in GIS SF6 technology; supplied to power transmission utilities in India.
• EPC Substations Turnkey engineering, procurement, and construction services for air-insulated substations (AIS) and gas-insulated substations (GIS) up to 400 kV class, including bay augmentation in existing substations, delivered to power transmission utilities and industrial customers.
• Transmission Lines (EPC) Design, construction, installation, and commissioning of transmission lines up to 400 kV class (132 kV, 220 kV, and 400 kV) on EPC basis, including testing and maintenance services, for power transmission utilities and power generators in India.

Quantifiable outcome

• Revenue grew 62.86% to ₹450.6 crore in FY25
• +2 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Two partnerships are on record, tiered minor and core.

• Ambuja FoundationminorStrategic or Co-development Partner · 25 June 2026Joint initiative to establish the Kanohar Skill Development Center (KSDC) at Chameli Devi Durga Prasad Girls Degree College campus in Saunda village, Modinagar, Uttar Pradesh. The center aims to train over 1,000 rural youth in employment-oriented skills including Account Executive and General Duty Assistant courses.
• Chung-Hsin Electric and Machinery Manufacturing Corporation (CHEM Taiwan)coreTechnology or Integration · 1 January 2011Technical collaboration for manufacturing gas insulated switchgear (GIS) up to 252 kV. CHEM Taiwan is a global player in GIS SF6 technology. Under this collaboration, Kanohar has manufactured and supplied GIS bays from its Gangol Plant to transmission utilities of Uttarakhand and Himachal Pradesh.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• CG Power and Industrial Solutions: Indian manufacturer of transformers, switchgear, and rotating machines with strong utility and industrial customer base; directly comparable transformer product mix and EPC exposure.
• KEC International: Leading Indian EPC contractor for transmission lines and substations up to EHV; competes with Kanohar's EPC transmission-line and substation businesses and shares the same utility customer base.
• Transformers and Rectifiers (India) Limited: Ahmedabad-based manufacturer of power and distribution transformers, reactors, and dry-type transformers serving Indian utilities, renewables, and industry — the closest pure-play domestic comparator in product mix and customer base.
• Kalpataru Projects International: Diversified Indian EPC player with a major transmission line and substation business; overlaps with Kanohar on EPC of substations and transmission lines for Indian utilities.
• Voltamp Transformers Limited: Indian manufacturer of power and distribution transformers including specialty and EHV units; highly comparable to Kanohar on product portfolio and Indian utility customer overlap.

Broad incumbents

• Schneider Electric India: Major global electrical equipment and grid solutions provider with strong Indian presence in MV/LV switchgear and power distribution; adjacent competitor in substation and EPC packages.
• Siemens India: Indian arm of Siemens AG with a broad transformers, switchgear, and grid solutions business; competes with Kanohar for utility and railway electrification tenders.
• GE Vernova T&D India: GE's T&D business in India offering transformers, GIS, and substation packages; a direct global incumbent competing for the same EHV and substation contracts as Kanohar.
• Bharat Heavy Electricals Limited: India's largest public-sector heavy electrical equipment maker with a comprehensive transformer, switchgear, and EPC portfolio serving power utilities and Indian Railways; competes with Kanohar across EHV and EPC segments.
• Hitachi Energy India (formerly ABB Power Products): Global T&D major with India manufacturing of transformers, GIS, and substation systems across the full voltage range; overlaps with Kanohar on EHV transformers and GIS up to 252 kV and beyond.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries3 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 Kanohar