The shares of a Micro-Cap firm, specializing in a variety {of electrical} and firefighting providers, together with electrical options, photo voltaic EPC contracts, electrical contracting, and information & voice cabling set up, hit a 5 % higher circuit upon receiving a piece order from numerous purchasers for electrical and firefighting works.
With a market capitalization of Rs. 58.13 crores on Monday, the shares of Rulka Electricals Restricted hit a 5 % higher circuit, making a excessive of Rs. 136.50 per share in comparison with its earlier closing worth of Rs. 130.00 per share.
Rulka Electricals Restricted, engaged in a variety {of electrical} and firefighting providers, has confirmed new orders totaling Rs. 16.34 crores from numerous purchasers for electrical and firefighting works throughout a number of places.
These embrace the procurement and setup of transformers and DG units, together with exterior and inside electrical fittings for a warehouse challenge in Karnataka, valued at Rs. 5.50 crores for an 8-month length. One other warehouse challenge includes establishing LV FAPA firefighting methods, value Rs. 7.90 crores, additionally to be accomplished in 8 months.
Moreover, an industrial challenge in Tamil Nadu requires the procurement, set up, and commissioning of PT panels, LT cables, and fixtures, valued at Rs. 2.93 crores, with a completion timeline of 12 months.
The corporate’s income rose by 44 % from Rs. 34.55 crore to Rs. 49.78 crore in H2FY24-25. In the meantime, Internet revenue declined from Rs. 3.72 crore to Rs. 1.32 crore throughout the identical interval.
The corporate has a P/E ratio of 24.72, which is beneath the trade common of 33.78, indicating potential undervaluation. It maintains a low debt-to-equity ratio of 0.26, signaling robust monetary stability. The corporate additionally boasts a stable common return on fairness (ROE) of 43.43% and return on capital employed (ROCE) of 32.51% during the last three years,
Rulka Electricals Restricted is an Indian MEP (Mechanical, Electrical, and Plumbing) challenge contractor, specializing in offering electrical and firefighting options throughout numerous industries. Established as part of the Rulka Electricals Pvt Ltd, the corporate gives end-to-end providers, together with procurement, set up, testing, and commissioning {of electrical} methods, transformers, DG units, and firefighting methods.
Rulka Electricals Restricted’s order ebook grew from Rs. 68.40 crore in H1 FY25 to Rs. 93.98 crore in H2 FY25, totaling Rs. 163.28 crore for FY25, with pending orders to be accomplished by FY26.
The corporate expanded its shopper base, securing orders in key Indian states like Tamil Nadu, Uttar Pradesh, and Gujarat, specializing in the warehousing and retail sectors.
The corporate’s Income from Electrical Works rose from Rs. 48.85 crore to Rs. 58.19 crore, whereas Firefighting Methods income grew from Rs. 14.84 crore to Rs. 21.56 crore. Regardless of robust development, the corporate confronted margin strain on account of rising enter prices, labor bills, and elevated compliance prices.
Written by Sridhar J
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