Electrical Panels Manufacturer Bags New Domestic Orders Worth Rs 99,00,000 from Electrical Equipment Manufacturing Industry
The stock is up 22 per cent from its 52-week low of Rs 103.90 per share.
Shivalic Power Control Limited has secured a significant domestic order valued at approximately Rs 99 lakhs from a major player in the electrical equipment manufacturing industry. This project involves the supply of LT Switchboards and is slated for completion by October 2025. This order reinforces Shivalic Power Control's reputation as a reliable partner in regulated sectors where quality, precision, and timely execution are paramount.
Earlier, the company secured a significant domestic order valued at approximately Rs 226 Lakh from a major distillery manufacturer. This contract involves the manufacturing, supplying, testing, and commissioning of PCC & MCC Panels, and is slated for completion by August 2025. This prestigious win further strengthens SHIVALIC's reputation as a reliable partner in regulated industries, where quality and timely execution are paramount.
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About the Company
Founded in 2004, Shivalic Power Control Limited is a leading manufacturer of electric panels, specialising in a wide range of products including PCC, IMCC, Smart, MCC, DG synchronisation, Outdoor, HT, VFD, Power Distribution Boards, Bus Duct and LT & HT APFC Panels. With industry certifications and authorisations from renowned companies like L&T, Siemens, Schneider Electric and TDK, Shivalic ensures the highest quality standards in its products. Their expertise has made them a trusted partner for various industries, serving over 500 clients across sectors like sugar, paper, cement, steel, FMCG, automobiles, and more.
The company has a market cap of Rs 292 crore with an ROE of 16 per cent and an ROCE of 19 per cent. The stock is up 22 per cent from its 52-week low of Rs 103.90 per share.
Disclaimer: The article is for informational purposes only and not investment advice.