Rulka Electricals jumps 4% after receiving orders worth over ₹7 Cr for electrical works

During Friday’s trading session, the shares of a leading provider of integrated electrical and fire fighting services surged nearly 4.2 percent on NSE, after the company announced receiving work orders worth around Rs. 7.72 crores for electrical and fire detection works.

Price Movement

With a market cap of Rs. 83 crores, at 10:09 a.m., the shares of Rulka Electricals Limited were trading in the green at Rs. 195.1, up by around 2.2 percent, as compared to its previous closing price of Rs. 191.

What’s the news

According to the latest regulatory filings with the NSE, Rulka Electricals Limited has secured an order valued at Rs. 7.72 crores from a multinational real estate client.

The work orders comprise the execution of electrical works, including fire detection works, across eighteen project locations in Maharashtra, Goa, Karnataka, Telangana, Andhra Pradesh, Gujrat, Tamil Nadu and Rajasthan.

These projects are scheduled for completion within a timeline of 4 to 12 months, as some involve Greenfield developments, while others are related to fit-out works.

With this new order, the total order book of Rulka Electricals now stands at Rs. 74 crores.

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Previous Orders

13th January 2025: Rulka Electricals received work orders totalling Rs. 10.53 crore from an MNC realty client for the execution of electrical infra electrical works, including HT, LT, ancillary, fire detection, lighting protection systems, and CCTV works across two project locations in Bangalore and Pune.

21st January 2025: The company secured an order worth Rs. 2.01 crores from an MNC realty client for the execution of electrical works, including fire detection and plumbing works, across five project locations in Maharashtra, Goa & Haryana.

Financials

Rulka Electricals reported a decline in revenue from operations, experiencing a year-on-year decrease of nearly 18 percent, falling from Rs. 36.45 crores in H1 FY24 to Rs. 29.85 crores in H1 FY25.

Likewise, during the same period, the company’s net profit decreased from Rs. 3.06 crores to Rs. 0.94 crores, representing a decline of around 69.3 percent YoY.

About the company

Established in 2004, Rulka Electricals Limited is in the business of turnkey projects contractor engaged in offering solutions for all types of electrical & fire fighting turnkey projects.

The company offers a wide range of services like electrical solutions, electrical panels, solar EPC contracts, turnkey electrical warehousing projects, electric commercial industrial services, maintenance services, electrical contracting and data & voice cabling installation across the industrial sector, commercial, retail and theatre sector.

Written by Shivani Singh

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