During Thursday’s trading session, the price of a power stock company engaged in the business of manufacturing and selling LT Panel and ST Panel surged up to 2% upper circuit after securing orders worth 8 million for the Defense department from a reputed company.
With a market capitalization of Rs. 306.27 crores, on Thursday, the shares of Shivalic Power Control Ltd are trading at Rs. 129.50, up by close to 2 percent from its previous closing of Rs. 129.45. The shares of the company have given 8.28 percent returns in the past month.
What’s the News
Shivalic Power Control Limited has received a significant new order for the supply of special LT panels for the Defense department from a reputed company specializing in engineering. construction, and maintenance services, for a consideration of Rs. 8 million, and the project is scheduled to be completed by JULY 2025
The company claims that this type of project reflects the growing confidence of reputed customers in the company’s capabilities and helps to strengthen its position in the power distribution segment.
Company and financial overview
Shivalic Power Control Ltd is in the business of manufacturing & sales of LT Panel and ST Panel, The company is a leading manufacturer of low and high-tension electrical panels, including PCC, MCC, IMCC, and VFD panels, among others. The company operates an ISO-certified facility in Faridabad, Haryana, with a production capacity of 10,000 panels annually. SPCL serves various industries such as sugar, cement, steel, and automobiles, exporting to over 15 countries.
The company’s revenue from operations has surged by 74 percent from Rs. 31.15 Crores in H1FY24 to Rs. 54.19 Crores in H1FY25, whereas the net profits of the company have grown by 91.7 percent from Rs. 3.37 crores in H1FY24 to Rs. 6.46 Crores in H1FY25.
The company’s PE ratio is at 27.37, which is slightly below the industry average of 30.38. The company’s ROE stands at 13.38 percent, while its ROCE is 19.13 percent. With a low debt-to-equity ratio of 0.05. It has an EPS of ₹4.64 and a book value of ₹43.15, with a P/B ratio of 2.94.
Written By Likesh Babu S
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
