Small-Cap Electric Panels Manufacturer Announces Rs 535 Million Revenue in H1 FY25 with 72 Per cent YoY Growth – Stock Surges Over 5 Per cent Today
The company’s shares have delivered an impressive return of around 115 per cent to its shareholders.
Shivalic Power Control Limited a leading Small-Cap manufacturer in the power sector specializing in Low Tension (LT) and High Tension (HT) panels, has recorded impressive revenue of Rs 535 million (provisional and unaudited) for H1 FY25, ending on September 30, 2024. This represents a robust 72 per cent year-on-year growth compared to the Rs 310 million recorded during the same period in H1 FY24.
This exceptional performance emphasizes Shivalic’s strong market position and ability to capitalize on emerging opportunities within the power and infrastructure sectors. Shivalic Power Control Limited continues to deliver value to its stakeholders through innovative products and strong operational execution.
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Management Commentary
Mr. Amit Kanwar Jindal, Founder and Managing Director of Shivalic Power Control Ltd., commented on the achievement, "This financial performance reflects the company's robust and commendable growth. I thank all our shareholders, customers, and the Shivalic family for their continued support. We remain committed to delivering sustainable growth and value in the coming months, backed by strong execution and order book visibility."
About Shivalic Power Control
Founded in 2004, Shivalic Power Control Limited has become a key player in India's power sector, focusing on the design and manufacture of LT and HT electrical panels. With a commitment to innovation and quality, the company serves industries including power generation, infrastructure, and automation. Shivalic’s customer-centric approach, adherence to strict quality standards, and focus on technological advancements make it a trusted partner in the electrical equipment industry.
Share Performance
Today, the company’s shares are trading at around Rs 215 and the current market capitalization stands at Rs 518.49 crore. Additionally, the shares have delivered an impressive multibagger return of around 115 per cent compared to the final IPO issue price of Rs 100 each.
Disclaimer: The article is for informational purposes only and not investment advice.