Shivalic Power Control Stock Jumps 4% After Receiving LT Panel Order from Dalmia Cement
Shares of Shivalic Power Control Limited surged by 4 percent following the announcement of a significant order worth ₹68 lakh from Dalmia Cement (Bharat) Limited. The order pertains to the supply of low-tension (LT) panels, which will be executed domestically, with the project scheduled to be completed by mid-May 2025. During Tuesday’s trading session, Shivalic Power Control opened at ₹225 and briefly touched ₹233 before closing at ₹227.20. The stock has seen a strong uptrend, reflecting its growing prospects and investor confidence, particularly with the latest order win. The company now has a market capitalization of approximately ₹547.91 crore.
This order further solidifies Shivalic Power Control’s position in the electrical equipment market. The company manufactures a variety of products, including Power Control Centers (PCC), Motor Control Centers (MCC), VFD Panels, High Tension (HT) Panels, and Automatic Power Factor Correction (APFC) Panels, all of which are used in industries requiring high-quality electrical solutions. Shivalic Power Control is also known for its strategic partnerships with global players like Siemens, L&T, Schneider Electric, and TDK, which enhances its technological capabilities and strengthens its product offerings.
Looking ahead, the company has ambitious plans for growth, aiming for a 40-45 percent compound annual growth rate (CAGR) over the next 5-6 years. By 2026-2028, Shivalic Power Control intends to expand its capacity with new assembly points and manufacturing facilities. Furthermore, the company envisions global expansion and investments in advanced R&D from 2028-2030. In recent financial results, Shivalic Power Control demonstrated impressive growth, with its revenue increasing by 74.19 percent from ₹31 crore in Q2 FY24 to ₹54 crore in Q2 FY25. Net profit doubled during the same period, rising from ₹3 crore to ₹6 crore. The company’s return on capital employed (ROCE) stands at 29.9 percent, and return on equity (ROE) is 33.8 percent, highlighting its strong financial health. Additionally, the company maintains a near debt-free balance sheet with a debt-to-equity ratio of 0.05x.
Shivalic Power Control’s majority stake of 70.86 percent is held by the promoters, with the rest of the shares distributed among institutional and public investors. Founded in 2004 by Mr. Amit Kanwar Jindal, Shivalic Power Control has built a strong reputation in the electrical panel manufacturing sector. Its commitment to quality and innovation has made it a trusted player in the industry. As the company continues to secure new orders and expand its operations, Shivalic Power Control remains a stock worth watching, with its robust growth potential and strong financial metrics.
