Power stock jumps 4% after receiving supply order from Dalmia Cement for LT panels 

Power stock jumps 4% after receiving supply order from Dalmia Cement for LT panels 


One of the micro-cap power stocks engaged in the manufacturing of electric panels, specializing in low-tension (LT) and high-tension (HT) solutions for various industries. The stock has jumped 3.35 percent after receiving an order of Rs. 68 lakh from Dalmia Cement (Bharat) Limited for the supply of LT panels. 

Stock Price Movement

In Tuesday’s trading session, Shivalic Power Control Limited’s share plunged by 3.35 percent from the previous close of Rs. 225.45. The stock opened at Rs. 225 and is currently trading at Rs. 227.20 with a high of Rs. 233 and a low of Rs. 225. The market capitalization now stands at approximately Rs. 547.91 crore. 

What Happened

Shivalic Power Control Limited is pleased to announce the receipt of a significant order valued at approximately Rs. 68 lacs from Dalmia Cement (Bharat) Limited. The order pertains to the supply of LT panels, to be executed domestically, with completion scheduled by mid-May 2025. 

Product Offerings

Shivalic Power Control Limited produces a range of products, including PCC, MCC, IMCC, VFD panels, High Tension Panels, and APFC Panels. These products serve various industries, offering high reliability and adherence to international standards. 

Strategic Partnerships

Shivalic Power Control Limited has established strategic alliances with prominent companies like Siemens, L&T, Schneider Electric, and TDK. These partnerships enhance the company’s technological expertise and broaden its product portfolio. 

Expansion Plans

Shivalic Power Control Limited aims for a 40-45% CAGR over the next 5-6 years, starting from FY24. Between 2026 and 2028, the company plans to increase capacity by adding new assembly points and a manufacturing facility. From 2028 to 2030, it envisions global expansion through new partnerships and investments in an advanced R&D facility to drive innovation. 

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Recent Quarter Results and Ratios

Shivalic Power Control Limited reported a significant increase in revenue, rising from Rs. 31 crore in Q2 FY24 to Rs. 54 crore in Q2 FY25, reflecting growth of 74.19%. The company’s net profit doubled, growing 100% from Rs. 3 crore in Q2 FY24 to Rs. 6 crore in Q2 FY25.

Over the past three years, the company has achieved a revenue CAGR of 25.18% and an impressive net profit CAGR of 112.40%. 

Regarding return ratios, Shivalic Power Control Limited’s return on capital employed (ROCE) is 29.9%, while the return on equity (ROE) is 33.8%. The company maintains a strong financial position with a debt-to-equity ratio of 0.05x, indicating it is nearly debt-free. The earnings per share (EPS) stands at Rs. 7.11. 

Shareholding pattern

In September 2024, Shivalic Power Control Limited had a majority stake held by the promoters at 70.86 percent, foreign institutional investors at 2.14 percent, domestic institutional investors at 3.10 percent, and the public at 23.90 percent. 

Company Overview

Shivalic Power Control Limited was founded in 2004 by Mr. Amit Kanwar Jindal. The company specializes in manufacturing a wide range of low-tension (LT) and high-tension (HT) electric panels. The company is headquartered in New Delhi, India, and is renowned for its quality and innovation in the electrical industry. 

Written By – Nikhil Naik

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.


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