Rulka Electricals Ltd
Founded in May 2013, Rulka Electricals Limited is an electrical and Fire-Fighting solutions company.[1]
- Market Cap ₹ 77.4 Cr.
- Current Price ₹ 182
- High / Low ₹ 667 / 132
- Stock P/E 34.2
- Book Value ₹ 80.2
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 9.53 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 162 days.
- Working capital days have increased from 107 days to 161 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Infrastructure Developers & Operators Industry: Engineering - Turnkey Services
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
19.59 | 36.27 | 46.84 | 70.98 | 79.47 | |
18.46 | 33.91 | 42.62 | 62.09 | 75.17 | |
Operating Profit | 1.13 | 2.36 | 4.22 | 8.89 | 4.30 |
OPM % | 5.77% | 6.51% | 9.01% | 12.52% | 5.41% |
0.01 | 0.01 | 0.06 | 0.31 | 0.07 | |
Interest | 0.33 | 0.37 | 0.37 | 0.69 | 0.86 |
Depreciation | 0.08 | 0.10 | 0.05 | 0.15 | 0.26 |
Profit before tax | 0.73 | 1.90 | 3.86 | 8.36 | 3.25 |
Tax % | 26.03% | 41.05% | 27.72% | 26.91% | 30.46% |
0.54 | 1.12 | 2.79 | 6.11 | 2.26 | |
EPS in Rs | 49.09 | 101.82 | 253.64 | 17.89 | 5.31 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 30% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 26% |
TTM: | -63% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 29% |
Last Year: | 10% |
Balance Sheet
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Equity Capital | 0.11 | 0.11 | 0.11 | 3.42 | 4.26 |
Reserves | 1.54 | 2.66 | 6.01 | 9.89 | 29.87 |
2.31 | 2.82 | 5.27 | 11.04 | 8.76 | |
5.83 | 13.53 | 17.15 | 16.75 | 16.99 | |
Total Liabilities | 9.79 | 19.12 | 28.54 | 41.10 | 59.88 |
1.85 | 2.63 | 2.95 | 2.58 | 3.55 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.23 | 0.22 | 0.00 | 0.00 | 0.00 |
7.71 | 16.27 | 25.59 | 38.52 | 56.33 | |
Total Assets | 9.79 | 19.12 | 28.54 | 41.10 | 59.88 |
Cash Flows
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
0.20 | 0.72 | -2.35 | -5.83 | -14.91 | |
0.08 | -0.72 | -0.09 | -0.10 | -1.26 | |
-0.41 | 0.30 | 2.15 | 6.75 | 15.43 | |
Net Cash Flow | -0.13 | 0.30 | -0.29 | 0.82 | -0.74 |
Ratios
Figures in Rs. Crores
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|
Debtor Days | 87.01 | 77.59 | 100.99 | 80.73 | 161.72 |
Inventory Days | 48.85 | 73.52 | 112.67 | 48.58 | 69.44 |
Days Payable | 106.24 | 126.62 | 160.97 | 105.50 | 76.01 |
Cash Conversion Cycle | 29.63 | 24.49 | 52.69 | 23.81 | 155.15 |
Working Capital Days | 29.44 | 25.76 | 63.59 | 97.60 | 161.26 |
ROCE % | 47.54% | 49.82% | 50.64% | 12.22% |
Documents
Announcements
-
Statement of deviation(s) or variation(s) under Reg. 32
20 May 2025 - No deviation in utilization of Rs 19.79 Cr IPO funds; used as per prospectus till March 2025.
-
Outcome of Board Meeting
20 May 2025 - Rulka Electricals approved FY25 audited results; appointed internal auditor; no IPO fund deviation reported.
-
Board Meeting Intimation
12 May 2025 - RULKA ELECTRICALS LIMITED has informed about Board Meeting to be held on 20-May-2025 to inter-alia consider and approve the Audited Financial results of the Company …
-
Updates
30 April 2025 - Confirmed new orders worth INR 11.06 crore for electrical and fire works across India.
-
Updates
25 April 2025 - Rulka Electricals wins INR 3.74 crore domestic orders for electrical, fire fighting, and solar works.
Business Profile[1] The company offers various services, including electrical solutions, electrical panels, solar EPC contracts, turn-key electrical warehousing projects, electric commercial industrial services, maintenance services, electrical contracting, and data and voice cabling installation. These services cater to sectors such as industrial, commercial, retail, and theatre.