1. India Stocks

  2. •

    Producer manufacturing

  3. •

    Electrical products
Shivalic Power Control Limited

Shivalic Power Control Limited

NNSE:SPCL
58.15
INR
-1.80
(-3.00%)
1.44BMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
21.66
23.77
34.07
42.37
58.61
64.44
- -
Basic EPS, GAAP
0.28
0.72
2.97
4.65
5.5
4.88
- -
Free Cash Flow per Basic Share
-0.83
0.56
1.6
-4.3
-4.7
-10.37
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
6.47
7.19
10.16
17.09
46.81
51.69
51.69
Tangible Book Value per Share
6.47
7.19
10.16
17.05
46.8
51.09
51.09
Basic Weighted Avg Shares
24
24
24
24
23
24
24
Sales/Revenue/Turnover
522
573
822
1,022
1,324
1,554
- -
Operating Margin (%)
7.49
6.95
14.05
17.48
13.12
11.01
- -
Depreciation Expense
13
11
12
18
18
18
- -
Net Income, GAAP
7
17
72
112
124
118
- -
Effective Tax Rate (%)
39.11
8.57
25.29
26.39
26.79
21.5
- -
Profit Margin (%)
1.29
3.05
8.72
10.97
9.38
7.57
- -
Working Capital
79
72
154
271
977
1,131
1,131
LT Debt
102
93
90
46
35
39
39
Total Equity
156
173
245
412
1,129
1,308
1,308
Return on Invested Capital (%)
- -
8.62
18.2
21.13
12.98
9.32
- -
Return on Capital (%)
- -
8.52
19.15
21.9
14.1
8
- -
Return on Common Equity (%)
- -
10.61
34.23
34.13
16.12
9.91
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
17
21
340
LT Borrowings
35
24
39
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
2,734
2,436
1,442

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
1,093
1,274
1,670
Cash, Cash Equivalents & STI
223
169
203
Accounts Receivable, Net
285
420
580
Inventories
570
616
800
Total Current Liabilities
116
256
539
Payables & Accruals
- -
- -
- -
ST Debt
17
21
340
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
62.1%
15.86%
Free Cash Flow
- -
-42.87%
135.57%
Net Income, GAAP
- -
106.33%
-5.24%
Sales/Revenue/Turnover
- -
24.88%
17.41%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
1,022
2025
- -
- -
1,324
2026
- -
- -
1,554

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
4.65
2025
- -
- -
5.5
2026
- -
- -
4.88

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Amit Kanwar Jindal
Full Time Employees
300
Sector
Producer manufacturing
Industry
Electrical products
Address
Plot No. 34A, Sector 2, Industrial Area Faridabad India 121004
IPO Date
Jul 1, 2024
Website
shivalic.com
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Business
Shivalic Power Control Ltd (SPCL.NS) manufactures low-tension (LT) and high-tension (HT) electrical panels, including power control center (PCC) panels, intelligent motor control center (IMCC) panels, motor control center (MCC) panels, DG synchronization panels, VFD/AC drive panels, automatic power factor correction (APFC) panels, firefighting panels, changeover panels, smart panels, outdoor panels, power distribution boards and HT panels up to 33kV; the company also provides customized, non-welded, seismic-resilient and internal arc-tested panels compliant with standards such as IEC 61439-1&2, IEC 61641 and IS 1893. Incorporated in 2004 and headquartered in Faridabad, Haryana, India, Shivalic operates an ISO-certified facility serving over 500 clients across more than 20 industrial sectors with 1,000+ installations in India and abroad; it maintains technical partnerships with leading brands including L&T, Schneider Electric, Siemens and TDK. In recent developments, the company listed on the NSE SME platform via an initial public offering in July 2024, raising approximately Rs 64 crore through a fresh issue of shares; it secured multiple major domestic orders in 2025 totaling over Rs 1 crore, reported Rs 535 million in revenue for H1 FY25 and held its 21st annual general meeting in September 2025 with reappointment of key directors.