Rs 73 Crore Order Book: Electrical & Firefighter Solution Provider Wins Two New Orders Totalling Rs 3,74,11,000 in Maharashtra & Karnataka
The stock is up by 33.5 per cent from its 52-week low of Rs 132 per share.
Rulka Electricals Limited (REL), a prominent integrated electrical and firefighting services provider, has announced the acquisition of two significant new orders. The first order, valued at Rs 98.11 Lakh (including GST), entails the comprehensive design, supply, installation, testing, and commissioning of a large-scale solar power installation for an industrial client located in Maharashtra. The second set of work orders, totalling Rs 2.76 Crore (including GST), encompasses electrical works, firefighting system implementation, and liaisoning services across both Maharashtra and Karnataka. These recent wins are slated for execution within the next two fiscal quarters.
These new contracts have significantly bolstered REL's total order book, which now stands at an impressive Rs 73 crore, demonstrating robust growth across various sectors and geographical regions within the country. The company also reported a strong track record of project completion, having successfully delivered 102 projects in the fiscal year 2024-25. The current order book is categorized as follows: 70 per cent for electrical projects and 30 per cent for firefighting projects, highlighting the company's diversified expertise in these key service areas.
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Headquartered in Mumbai, Rulka Electricals Limited (REL) 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 specializes in maintenance services, data & voice cabling and is known for its electrical and firefighting contracting services on projects of various scales. REL serves a diverse clientele in sectors such as industrial, commercial, retail, warehousing and entertainment.
The company has a market cap of over Rs 70 crore with an ROE of 63 per cent and an ROCE of 51 per cent. The stock is up by 33.5 per cent from its 52-week low of Rs 132 per share. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.