This Electrical Panel Manufacturer Bags Order Worth Rs 10,00,00,000 Crore from JK Cement for LT Panels, Complete Details Inside!

The company’s shares have delivered an impressive return of over 100 per cent to its shareholders.

Founded in 2004, Shivalic Power Control Limited is renowned for its expertise in manufacturing a wide range of electric panels. The company has recently been awarded a significant contract by JK Cement Ltd for the supply of LT panels. This prestigious order is valued at approximately Rs 10 crore.

The scope of the contract includes the delivery and installation of low-tension (LT) panels, which are crucial for efficient power distribution in industrial settings. The project is expected to be completed by November 2024, underscoring Shivalic Power Control Limited’s capability to handle large-scale and time-sensitive projects. This order highlights the company's strong position in the industry and its ability to secure high-value contracts with leading organizations.

Today shares of Shivalic Power Control Limited closed at around Rs 284.10 per share. The company’s current market capitalization stands at Rs 685.13 crore.

As per the Quarterly Results, in Q4 FY24, Shivalic Power Control Limited recorded a revenue of Rs 71 crore. The operating profit for Q4 FY24 stood at Rs 31 crore. The net profit for Q4 FY24 was Rs 13 crore. Looking at the annual performance, the company generated a revenue of Rs 102 crore in FY24. The operating profit for FY24 was Rs 19 crore with a net profit of Rs 11 crore.

According to the shareholding pattern, promoters own 70.86 per cent of the company, while public investors hold 17.15 per cent. Foreign Institutional Investors (FIIs) own 4.88 per cent, and Domestic Institutional Investors (DIIs) have a 7.11 per cent stake in the company.

Investors must keep this micro-cap stock on their radar.

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