Electrical & Fire-Fighting Solutions Provider Secures Work Order Worth Rs 49,77,011 from Multiple Clients, Including Dmart!
Dmart and Runwal Construction have placed orders with this small-cap company worth Rs 49,77,011. Complete details inside.
This Small-Cap company is a provider of electrical and fire-fighting solutions. The company offers a range of services, including electrical solutions, electrical panels, solar EPC contracts, turnkey electrical warehousing projects, commercial and industrial electrical services, maintenance, electrical contracting, and data and voice cabling installation. These services cater to various industrial, commercial, retail, and theater sectors.
Rulka Electricals Limited has secured significant new orders from various clients, worth Rs 49,77,011. Among these, Avenue Supermarts Ltd. (Dmart) has placed an order worth Rs 34,27,002 for LV work (FAPA) at their Sancole-Goa location, while Runwal Construction Private Limited has placed an order amounting to Rs 15,50,009 for firefighting work in Mulund, Mumbai.
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The company plans to complete the execution of these orders within the current financial year. These substantial orders highlight the company's ongoing growth and strong market presence.
Today, shares of Rulka Electricals Limited hit the upper circuit and closed at around Rs 498.75 per share. The company’s current market capitalization stands at Rs 212.39 crore.
As per the Quarterly Results, in Q4 FY24, Rulka Electricals Limited recorded a revenue of Rs 34.55 crore. The operating profit for Q4 FY24 stood at Rs 4.83 crore. The net profit for Q4 FY24 stood at Rs 3.72 crore compared to a profit of Rs 2.39 crore last year same quarter. Looking at the annual performance, the company generated a revenue of Rs 70.98 crore in FY24. The operating profit for FY24 was Rs 8.89 crore with a net profit of Rs 6.11 crore compared to a net profit of Rs 2.81 crore in FY23.
Investors must keep this stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.