Shivalic Power Control Ltd
Incorporated in 2004, Shivalic Power Control Ltd is in the business of manufacturing & sales of LT Panel and ST Panel[1]
- Market Cap ₹ 163 Cr.
- Current Price ₹ 67.4
- High / Low ₹ 123 / 59.0
- Stock P/E 15.7
- Book Value ₹ 51.1
- Dividend Yield 0.00 %
- ROCE 11.4 %
- ROE 8.75 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Industrials Capital Goods Electrical Equipment Other Electrical Equipment
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 49 | 52 | 57 | 82 | 102 | 132 | 144 | |
| 44 | 47 | 52 | 69 | 83 | 114 | 128 | |
| Operating Profit | 5 | 5 | 5 | 13 | 19 | 19 | 16 |
| OPM % | 11% | 10% | 9% | 16% | 19% | 14% | 11% |
| 0 | 0 | 0 | 1 | 0 | 2 | 1 | |
| Interest | 3 | 3 | 2 | 2 | 3 | 2 | 1 |
| Depreciation | 1 | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 1 | 1 | 2 | 10 | 15 | 17 | 14 |
| Tax % | 29% | 40% | 8% | 25% | 26% | 27% | 26% |
| 1 | 1 | 2 | 7 | 11 | 12 | 10 | |
| EPS in Rs | 10.05 | 6.67 | 17.41 | 71.73 | 6.34 | 5.15 | 4.28 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 20% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 73% |
| 3 Years: | 13% |
| TTM: | -17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 15% |
| Last Year: | 9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 1 | 18 | 24 | 24 |
| Reserves | 14 | 15 | 16 | 24 | 24 | 89 | 99 |
| 20 | 24 | 27 | 24 | 32 | 5 | 28 | |
| 18 | 9 | 16 | 10 | 17 | 11 | 18 | |
| Total Liabilities | 53 | 49 | 61 | 58 | 91 | 129 | 169 |
| 19 | 18 | 19 | 18 | 19 | 19 | 19 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 7 |
| 34 | 31 | 42 | 40 | 72 | 110 | 143 | |
| Total Assets | 53 | 49 | 61 | 58 | 91 | 129 | 169 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| -1 | 4 | 4 | -8 | -9 | -18 | ||
| -1 | -2 | -0 | -2 | -1 | -8 | ||
| 1 | 1 | -6 | -3 | 55 | 21 | ||
| Net Cash Flow | -1 | 3 | -2 | -13 | 45 | -5 | |
| Free Cash Flow | -2 | 1 | 4 | -10 | -11 | -20 | |
| CFO/OP | -15% | 85% | 38% | -15% | -18% | -93% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 27 | 85 | 59 | 124 | 79 | 121 |
| Inventory Days | 205 | 215 | 183 | 142 | 153 | 208 | 243 |
| Days Payable | 104 | 55 | 72 | 22 | 50 | 26 | 37 |
| Cash Conversion Cycle | 164 | 187 | 196 | 178 | 226 | 261 | 327 |
| Working Capital Days | 107 | 53 | 26 | 64 | 92 | 208 | 214 |
| ROCE % | 10% | 10% | 26% | 30% | 19% | 11% |
Insights
In beta| Mar 2021 | Mar 2022 | Dec 2023 | Mar 2025 | |
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| Export Revenue INR Lakhs |
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| HT Panel Revenue Share % |
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Extracted by Screener AI
Documents
Announcements
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Record Date
- Book closed September 23-30, 2026 for 22nd AGM; remote e-voting cutoff September 23, 2026.
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Copy of Newspaper Publication
- Notice of 22nd AGM on September 30, 2026; remote e-voting and record date details published.
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Shareholders meeting
- AGM on 30 Sep 2026 to approve financials, directors, 100 crore RPT, ESOP 2026 and ₹20 crore loan.
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Outcome of Board Meeting
- Board approved ESOP 2026, auditor appointment, director reappointments, AGM, and loan to Prima Solar HR Pvt Ltd.
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Change in Auditors
- Board approved M/s T A S H & Associates as statutory auditor for five years until 2031.
Business Overview:[1]
SPCL, an ISO-certified manufacturer, specializes in LT and HT electric panels, including non-welded, earthquake-resistant (seismic resilient), and internal arc-tested solutions. It also offers customized panels tailored to client needs. With 1,000+ installations for 500+ clients across 20+ industrial sectors in India and abroad.