During Wednesday’s trading session, the shares of a leading provider of integrated electrical and firefighting services hit a 5 percent upper circuit on NSE, after the company announced receiving two work orders for electrical works and solar installation.
Price Movement
With a market cap of Rs. 76.2 crores, at 11:42 a.m., the shares of Rulka Electricals Limited were trading in the green at Rs. 179, up by around 4 percent, as compared to its previous closing price of Rs. 172.
The stock hit its 52-week high at Rs. 666.6 on 3rd July 2024, and compared to its current price levels, the stock is trading at a discount of nearly 73 percent.
What’s the News
According to the latest regulatory filings with the NSE, Rulka Electricals Limited has secured two work orders valued at a total of Rs. 3.74 crores. Both of these contracts are scheduled to be executed over the next two quarters.
The first contract, worth Rs. 98.11 lakh, is for the design, supply, installation, testing, and commissioning of a large-scale solar installation for an industrial facility in Maharashtra.
The second contract, valued at Rs. 2.76 crores, includes electrical works, firefighting systems work, and liaisoning work across Maharashtra & Karnataka.
Order Book
With these additions, Rulka’s total order book now stands at Rs. 73 crore, reflecting strong growth across multiple sectors covering different states of the country. In FY25, the company has completed 102 projects.
The current order book is categorised into 70 percent electrical projects and 30 percent firefighting projects. Furthermore, in March 2025 alone, Rulka Electricals secured 21 new work orders amounting to Rs. 12.36 crores.
Financials
Rulka Electricals reported a decline in revenue from operations, experiencing a year-on-year decrease of nearly 18 percent, falling from Rs. 36.45 crores in H1 FY24 to Rs. 29.85 crores in H1 FY25.
Likewise, during the same period, the company’s net profit decreased from Rs. 3.06 crores to Rs. 0.94 crores, representing a decline of around 69.3 percent YoY.
About the company:
Established in 2004, Rulka Electricals Limited is in the business of turnkey project contractor engaged in offering solutions for all types of electrical & fire-fighting turnkey projects.
The company offers a wide range of services like electrical solutions, electrical panels, solar EPC contracts, turnkey electrical warehousing projects, electric commercial industrial services, maintenance services, electrical contracting and data & voice cabling installation across the industrial sector, commercial, retail and theatre sectors.
Written by Shivani Singh
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