Rs 65 Crore Order Book: Electrical Service Provider Wins Two New Orders Totalling Rs 10,53,00,000 in Bangalore and Pune

The company has a market cap of over Rs 100 crore with an ROE of 110 per cent and an ROCE of 84 per cent.

Rulka Electricals Limited (REL) has secured two new orders totalling Rs 10.53 crore from an MNC realty client in Bangalore and Pune. The scope of work includes Electrical, Fire Detection, Lighting Protection Systems, and CCTV Works. These projects are anticipated to contribute to revenues over the next three quarters. With these additions, REL's total order book currently stands at a robust Rs 65 crore.

The Bangalore project, valued at Rs 6.34 crore, encompasses Electrical, Fire Detection, Lighting Protection Systems, and CCTV Works for blocks B & C, along with infrastructure works for common areas within a 60-acre (Phase-1) development. The Pune project, worth Rs 4.19 crore, spans 56 acres (Phase-1) and requires the execution of Infra Electrical Works, including HT, LT, Ancillary, and Lighting Protection Systems for the Common Infrastructure.

Headquartered in Mumbai, Rulka Electricals Limited provides a wide range of electrical services across India, including electrical panel installations, firefighting systems, solar EPC contracts, and turnkey electrical warehousing projects. The Company also specialises in maintenance services and data & voice cabling and is known for its electrical and firefighting contracting services on projects of various scales. REL serves a diverse clientele in the industrial, commercial, retail, warehousing, and entertainment sectors. The company went public in May 2024 and is listed on the NSE Emerge platform.

The company has a market cap of over Rs 100 crore with an ROE of 110 per cent and an ROCE of 84 per cent. The stock is up by 3.70 per cent from its 52-week low of Rs 246.40 per share. Investors should keep an eye on this micro-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.