Shivalic Power Control Limited, a leading manufacturer of non-welded panels, rose by 2.2% to ₹242 during Friday’s trading session. The surge came after the announcement of 2 significant purchase orders worth ₹1.38 Cr, including a contract with Cipla. These projects are expected to be completed in April 2025.
Reasons Behind Surge
New Orders:
- Worth ₹75.95 lakhs, for the supply of LT panels to Cipla.
- Worth ₹62 lakhs from Solid Properties Private Limited, also for LT panels.
These orders show Shivalic Power’s growing reputation as a trusted supplier for industrial and real estate sectors.
Recent Orders:
Shivalic Power is on a winning streak, securing multiple orders since December 2024 majorly:
| Date | Client | Order Value (₹) | Completion Date |
|---|---|---|---|
| Dec 2024 | Technovative Engineers | 51.62 lakhs | March 2025 |
| Dec 2024 | GMT Industries | 3.08 crores | March 2025 |
“Opportunities don’t happen. You create them.” — Chris Grosser
Financial Performance
- Revenue Growth: Increased from ₹82 crores (FY23) to ₹102 crores (FY24), a 24.4% YoY rise.
- Net Profit Growth: Rose by 57.2% YoY, reaching ₹11 crores, up from ₹7 crores in FY23.
This strong financial performance underscores the company’s operational efficiency and market expansion.
Expansion Plans
Shivalic Power has outlined an ambitious growth roadmap to drive its future success:
- New Assembly Points: Establish units across India to enhance production capacity.
- New Manufacturing Facility: Expand product offerings, including CSS, transformers, and sandwich BBT.
- Global Market Entry: Target key regions like Africa and the Middle East through strategic partnerships.
- R&D Facility: Invest in cutting-edge technology to drive innovation and creativity.
The company aims to achieve a CAGR of 40–45% over the next 5–6 years, leveraging its strong market position and growing order book.
Shareholdings
As of September 2024, the company’s shareholding pattern reflects a strong promoter and institutional investor participation.
| Category | Stake (%) |
|---|---|
| Promoters | 70.86 |
| Foreign Institutional Investors | 2.14 |
| Domestic Institutional Investors | 3.10 |
| Retail Investors | 23.90 |
Business Overview
Incorporated in 2004, Shivalic Power specializes in manufacturing and trading a wide range of electric panels, including:
- PCC Panels
- IMCC Panels
- MCC Panels
- VFD Panels
- Power Distribution Boards
The company operates a production facility in Ballabgarh, Haryana, with an annual capacity of 10,000 verticals, catering both domestic and international markets. Shivalic Power’s expertise in providing innovative solutions has enabled it to build a strong reputation among global clients, including leading pharmaceutical, industrial, and real estate firms.
Shivalic Power Control Limited’s consistent order wins and strong financial performance help it to maintain its market position. Company’s latest purchase orders and breaking into new markets demonstrate its aggressive expansion plans. Its innovative and customer-centric solutions are ideally situated for long-term growth in the years to come.
Disclaimer:
This analysis/information is for educational purposes only. It’s not financial advice. Please consult with your financial advisor before making any trading/investing decision.