This Debt-free Micro-Cap Company Secures Rs 36 Lacs Order For LT Panels With Completion Deadline By June 2025
The company offers customized panels tailored to client needs. With 1,000+ installations for 500+ clients across 20+ industrial sectors in India and abroad.
Shivalic Power Control Limited has announced that it has been awarded a significant order for LT Panels valued at approximately Rs. 36 Lacs (Thirty Six Lacs). The order was placed by JBM Auto. According to the disclosure, Shivalic Power Control Limited will be responsible for executing the project as per the terms of the order. The project is scheduled to be completed by June 2025.
The order is classified as a domestic commercial order. The company has confirmed that neither the promoter/promoter group nor any group companies have any interest in JBM Auto, and the transaction does not fall under related party transactions. Shivalic Power Control Limited, formerly known as Shivalic Power Control Private Limited, is headquartered in Faridabad, Haryana.
DSIJ offers a service 'Pop BTST" with recommendations for intraday stocks for tomorrow based on research and analysis to help subscribers make healthy profits. If this interests you, download the service details pdf here
Incorporated in 2004, Shivalic Power Control Ltd is in the business of manufacturing & sales of LT Panel and ST Panel. SPCL, an ISO-certified manufacturer, specializes in LT and HT electric panels, including non-welded, earthquake-resistant (seismic resilient), and internal arc-tested solutions. It also offers customized panels tailored to client needs. With 1,000+ installations for 500+ clients across 20+ industrial sectors in India and abroad.
In the half-yearly results of the company, H1 FY25's sales decreased from Rs 17 to Rs 15 Crores, while expenses increased from Rs 8 to Rs 11 Crores. This resulted in a decrease in operating profit from Rs 9 Crores to Rs 4 Crores, and the operating profit margin also declined from 21 per cent to 17 per cent. After accounting for tax, the net profit dropped from Rs 6 Crores to Rs 4 Crores, and EPS decreased from Rs 4.43 to Rs 2.68.
The company's stock price is trading at Rs 120 per share, and it has a market capitalisation of Rs 288 crore
Disclaimer: The article is for informational purposes only and not investment advice.