The shares of the electrical solutions provider gained up to 3 percent from its intraday low after the company received a prestigious work order worth Rs 2.93 crore.
With a market capitalization of Rs 132.03 crore, the shares of Rulka Electricals Ltd (NS:RULK) were trading at Rs 310.05 per share, decreasing around 1.59 percent as compared to the previous closing price of Rs 315.05 apiece.
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Reason for Rise:-
The shares of the company have seen positive movement in the morning session after Rulka Electricals Ltd received a prestigious work order worth Rs 2.93 crore from various clients for electrical work in Ahmedabad, Gujarat.
Financial performance:-
Looking forward to the company’s financial performance, revenue plummeted by 74 percent from Rs 34.55 crore in H2FY24 to Rs 29.69 crore in H1Y25. During the same period, net profit plummeted by 74 percent, from Rs 3.72 crore to Rs 0.94 crore.
Recent order:-
Recently, Rulka Electricals Limited received a new order worth Rs 2.49 crore from multiple clients, including Plara Estate Pvt Ltd for civil work worth Rs 2.19 crore, Rohan Landscape Pvt Ltd for electrical work worth Rs 16.27 lakhs, and Indospace as Industrial Park Pvt Ltd for electrical work worth Rs 13.44 lakh.
Ratio analysis:-
The company’s critical ratios show that the return on equity decreased from 50.33 percent in FY22-23 to 45.92 percent in FY23-24, while the return on capital employed increased from 56.10 percent to 55.71 percent. The net profit margin (NPM) for fiscal year 23-24 is 8.60 percent.
Shareholding pattern:-
In the company’s recent shareholding pattern, Domestic Institutional Investors own 0.27 percent while Retail shareholders own a 28.16 percent stake in the company and foreign Institutional Investors own a 2.35 percent stake and the remaining 69.22 percent stake is owned by the promoter.
Company Snapshot:-
Rulka Electricals is a leading manufacturer of electrical components, specializing in high-quality products for diverse industries. Known for its innovation and reliability, the company provides a range of solutions, including transformers, switchgear, and automation products, catering to both domestic and international markets.
Written by:- Abhishek Singh
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