Shivalic Power Control
- Market cap
- ₹ 125 Cr.
- P/E
- 9.8x
- P/B
- 1.12x
- 52-week range
- 42.8 – 123.4
- ROE
- 11%
- ROCE
- 13%
- Dividend yield
- 0%
- Debt / equity
- 0.3
- Sector
- Electrical Equipment
- Industry
- Other Electrical Equipment
- Listed on
- NSE SME
About
Shivalic Power Control Limited is an India-based technology-driven company, which is engaged in the business of manufacturing of electrical panels. The Company manufactures a diversified range of electric panels, such as PCC Panels, Intelligent Motor Control Center (IMCC) Panels, Smart Panels, Motor Control Center (MCC Panels), DG Synchronization Panels, Outdoor Panels, HT Panels up to 33KV, VFD Panels, Power Distribution Boards, Bus Duct and Low Tension (LT) & High Tension (HT) APFC Panels. Its products include Siepan 8pu (IEC 61439-1&2), L&T Ti (IEC 61439-1&2), Schneider Prisma Set (IEC 61439-1&2) and TDK LV & MV APFC Panels and LV. Its customized panels include Automatic Power Factor Correction Panels; Firefighting Panel; HT Panel; Power Distribution Board; Outdoor panel; VFD Panel/ AC Drive Panel, and others. It serves more than 15 industrial sectors in India, as well as outside India, viz, Nepal, Bangladesh, African countries such as Uganda, Kenya, Nigeria and Algeria.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Electrical Equipment: 83 companies →Shivalic Power Control against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)9.8 against a typical 25.2: cheaper than most peers (1st = cheapest).13th of 80
- Share price, 3 months−32.9% against a typical −9.9%.69th of 74
- Size₹ 125.4 Cr. market value against a typical ₹ 553.8 Cr. (1st = largest).55th of 77
Latest announcements
Exchange filings and their impact on the company.
- Revenue up 17% but H1 profit halved as costs and debt-funded working capital surged.
Shivalic Power Control reported weak H1 FY27 results with consolidated revenue of Rs 63.68 crore, up 17% year-on-year, but profit after tax fell 59% to Rs 2.10 crore from Rs 5.16 crore. Inventories surged to Rs 116.64 crore and short-term borrowings nearly doubled to Rs 65.31 crore, leading to a Rs 23.07 crore operating cash outflow. The company also acquired a 51% stake in Seedlab Ventures for Rs 1.43 lakh to enter solar park projects and fully utilised its Rs 64.32 crore IPO funds.
- Opened two small rented branch offices to support sales expansion; negligible near-term financial impact.
Shivalic Power Control opened two new branch offices in Gadarpur, Uttarakhand and Bengaluru, Karnataka on October 15, 2026. The company said the offices will strengthen operational presence and customer coordination and support expansion plans. The offices appear to be small rented premises with no manufacturing capacity or investment disclosed, so near-term financial impact is minimal.
Research by Minerva Capital Research Solutions
Our research team's work on Shivalic Power ControlAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 24 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 5 Sep 2026 | Fund Raising | To consider Fund Raising |
| 29 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 14 Nov 2025 | Financial Results | To consider and approve the unaudited financial results for the quarter and half year ended September 30, 2025 |
| 28 May 2025 | Board Meeting Intimation | SHIVALIC POWER CONTROL LIMITED has informed the Exchange about Board Meeting to be held on 28-May-2025 to inter-alia consider and approve the Audited Financial results of the Company for the Yearly ended March 2025 . |
| 12 Nov 2024 | Financial Results | To consider and approve the financial results for the period ended September 30, 2024 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Mar 2025 | Sep 2025 | Mar 2026 | Sep 2026 |
|---|---|---|---|---|
| Sales | 79 | 54 | 101 | 64 |
| Expenses | 69 | 47 | 90 | 60 |
| Operating Profit | 9 | 8 | 11 | 4 |
| OPM % | 12% | 14% | 11% | 6% |
| Other Income | 1 | 1 | 1 | 1 |
| Interest | 0 | 0 | 1 | 2 |
| Depreciation | 1 | 1 | 1 | 1 |
| Profit before tax | 9 | 7 | 10 | 3 |
| Tax % | 34% | 25% | 19% | 26% |
| Net Profit | 6 | 5 | 8 | 2 |
| EPS in Rs | 2.47 | 2.14 | 2.74 | 0.87 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
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- 5 Years
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- 3 Years
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- TTM
- 24%
- 10 Years
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- 5 Years
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- 3 Years
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- TTM
- −22%
- 10 Years
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P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Shivalic Power Control | ₹ 40.65 | ₹ 125 Cr. | 9.8x | 1.1x | 11% | — |
| ABB India | ₹ 6,140.00 | ₹ 1,29,936 Cr. | 95.2x | 20.3x | — | 11.6% |
| Hitachi Energy India | ₹ 26,250.00 | ₹ 1,17,002 Cr. | 139x | 27.6x | 21% | 12.1% |
| CG Power and Industrial Solutions | ₹ 814.95 | ₹ 1,24,592 Cr. | 114.8x | 17.9x | 20.4% | 9.6% |
| Polycab India | ₹ 7,415.00 | ₹ 1,11,738 Cr. | 50x | 11.1x | 25.4% | 9.3% |
| Siemens | ₹ 3,250.00 | ₹ 1,15,739 Cr. | — | 9.4x | 11.7% | 8.5% |
Management
- Pankaj Joshi
- Chief Financial Officer
- Swati Raheja
- Compliance Officer, Company Secretary
- Amit Kanwar Jindal
- Managing Director, Executive Director
- Sapna Jindal
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.