Product Launched Cement and Construction NSE: SPMLINFRA

SPML Infra Develops Proprietary 104.4 kWh BESS Battery Pack; Secures Global Certifications

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SPML Infra Develops Proprietary 104.4 kWh BESS Battery Pack; Secures Global Certifications

SPML Infra Ltd — Product Launched · SPMLINFRA

Battery Capacity

104.4 kWh

Proprietary Pack

Market Cap

₹1458.4 Cr

Mid-range Performer

P/E TTM

17.11

Sector 33.77

RSI

31.84

Near Oversold

! Key Highlights

  • Development of proprietary 104.4 kWh battery pack under company-owned intellectual property
  • Successful completion of international UL9540A certification for thermal runaway safety
  • Compliance with IEC 62619, IEC 63056, IEC 60730, and IEC 61000 series standards
  • Establishment of BESS manufacturing and integration capabilities in Pune, Maharashtra
  • Product validated for thermal safety, electromagnetic compatibility, and transportation security

SPML Infra has achieved a significant milestone by developing a proprietary 104.4 kWh battery pack for Battery Energy Storage Systems (BESS) under its own intellectual property. The product has successfully completed rigorous international safety, performance, and transportation certifications, including UL9540A and IEC standards.

The Product — What It Is

The newly developed 104.4 kWh battery pack is a core component of SPML Infra's Battery Energy Storage System journey. Engineered as a proprietary solution, the pack has been validated against global benchmarks including UL9540A for thermal runaway safety and various IEC standards for functional performance. These certifications cover critical operational areas such as electromagnetic compatibility (IEC 61000-6-2/4) and system-level safety (IEC 63056).

By securing UN38.3 certification, the company has also ensured compliance with international transportation safety requirements, positioning the product for commercial deployment in the grid-scale energy storage market.

Commercial Opportunity

  • Addresses rising demand for grid-scale energy storage to support renewable energy integration
  • Proprietary technology allows for greater control over product evolution and cost structures
  • Targeting utility-scale BESS markets for grid balancing and peak-load management
  • Localization of critical engineering capabilities to serve the expanding Indian power infrastructure
  • Integrated platform spanning assembly, system integration, and large-scale project execution

Strategic Validation

The validation of our proprietary 104.4 kWh battery pack represents an important milestone in SPML Infra’s energy storage journey. What makes this particularly significant for us is that we are developing technology and engineering capabilities within SPML, rather than limiting our role to manufacturing or project execution.

— Abhinandan Sethi, Managing Director, SPML Infra Limited

Business & Industry Context

SPML Infra is leveraging its four decades of expertise in power and water infrastructure to pivot toward next-generation energy solutions. The company is currently establishing an integrated BESS manufacturing hub in Pune, Maharashtra, which will house battery pack assembly and system integration units. This expansion comes as India accelerates renewable deployment, necessitating robust storage solutions for grid reliability.

While the company's core remains in engineering, procurement, and construction, the transition into proprietary technology development marks a shift toward building a differentiated platform in the emerging energy storage ecosystem.

SPML Infra Ltd — Financial Snapshot

BSE: 500402 · NSE: SPMLINFRA · Cement and Construction

Current Market Price ₹173.31 per share
Market Capitalisation ₹1,458.40 Cr BSE Listed
Revenue (Annual) ₹868.46 Operating
Net Profit (Annual) ₹74.68 Consolidated
P/E Ratio (TTM) 17.11× Sector: 33.77×
Promoter Holding 40.52% +0.33% QoQ
FII Holding 0.39% Current Qtr

"Our ambition is to build an integrated Indian energy storage platform spanning proprietary product development, manufacturing, system integration and large-scale project execution."

— Abhinandan Sethi, Managing Director

Source Verified

Exchange filing by SPML Infra Limited announcing the development and certification of its proprietary 104.4 kWh BESS battery pack. Financial metrics from Trendlyne.

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