Shivalic Power Wins ₹68 Lakh Order from Dalmia Cement
Shivalic Power Control Limited, a prominent name in the electrical equipment manufacturing sector, has recently clinched a significant domestic commercial order from Dalmia Cement (Bharat) Limited, valued at approximately ₹68 lakh. The order, which pertains to the execution of Low Tension (LT) Panels, is scheduled to be completed by mid-May 2025. This win underscores the company’s growing reputation in the electrical panels industry, bolstering its presence in the domestic market.
Shivalic Power Control’s latest achievement follows another noteworthy contract, also for LT panels, with Victora Auto Pvt Ltd, valued at around ₹35 lakh. Scheduled for completion by mid-April 2025, this order further solidifies the company’s position as a leading player in the electrical equipment domain. Established in 2004, Shivalic Power Control Limited is renowned for manufacturing a broad spectrum of electrical products, including Power Control Centres (PCC), Intelligent Motor Control Centres (IMCC), Variable Frequency Drives (VFD), Automatic Power Factor Correction (APFC) Panels, and more. The company is trusted by over 500 clients across diverse industries such as cement, steel, FMCG, automobiles, sugar, and paper. Its commitment to quality is evident through certifications and partnerships with global giants like Siemens, L&T, Schneider Electric, and TDK.
With a market capitalisation of ₹560 crore, Shivalic Power Control boasts impressive financials, including a Return on Equity (ROE) of 34 per cent and a Return on Capital Employed (ROCE) of 30 per cent. The stock has seen a notable surge of 17.4 per cent from its 52-week low of ₹190 per share, making it a stock worth watching for investors looking for potential growth in the micro-cap sector. As Shivalic Power Control continues to secure key contracts in the growing domestic infrastructure sector, its market potential remains strong, and it is poised for further growth in the coming years. Investors and industry observers alike will be keenly watching the company’s upcoming developments.
