Menu

ElectricalContracts

Rulka Electricals Secures ₹16.34 Crore in New Orders, Stock Hits Upper Circuit

Rulka Electricals Secures ₹16.34 Crore in New Orders, Stock Hits Upper Circuit

Rulka Electricals Secures ₹16.34 Crore in New Orders, Stock Hits Upper Circuit

Mumbai-based engineering firm wins multiple electrical and firefighting contracts across states, boosting growth momentum and investor sentiment.

Rulka Electricals Bags Multi-Crore Contracts Across India

Rulka Electricals Limited (REL), a key provider of comprehensive electrical and fire protection solutions in India, has recently landed new confirmed projects amounting to ₹16.34 crore, including 18% GST. These new contracts, awarded by multiple domestic clients, reinforce the company’s operational strength and underline its expanding footprint across the country.

The secured projects span a mix of electrical infrastructure and fire protection systems, further strengthening REL’s positioning in these essential service domains. The execution period for these assignments ranges from 8 to 12 months, depending on project specifications and client requirements.

Order Details: Significant Wins in Maharashtra and Tamil Nadu

The latest batch of orders comprises three key contracts from reputed companies operating in real estate and industrial consulting.

• Electrical Installation for Maharashtra Warehouse
One of the prominent contracts, worth ₹5.50 crore, was awarded by a well-known real estate firm. It involves the procurement and installation of transformers, DG (diesel generator) sets, and complete internal and external electrical fittings for a warehouse project in Maharashtra. This assignment is expected to span a period of approximately eight months from initiation to completion.

• Firefighting System Deployment in Maharashtra
Another major order from the same real estate group, valued at ₹7.90 crore, includes the installation of low-voltage fire alarm and public address (FAPA) systems. These installations will be carried out in a separate warehouse project, also in Maharashtra, and are expected to be completed within eight months.

• Electrical Infrastructure Setup in Tamil Nadu
Additionally, a Tamil Nadu-based industrial consultancy has contracted REL for a ₹2.93 crore project in Thoothukudi. This assignment includes comprehensive supply, installation, and commissioning of power transmission panels, LT cables, cable trays, and lighting fixtures. The execution timeline for the project spans a full year from its commencement.

Company Profile: Diversified Engineering Solutions with a National Presence

Based in Mumbai, Rulka Electricals Limited delivers a comprehensive range of services in the fields of electrical systems and fire safety solutions. The company’s services span from design and installation of electrical panels and firefighting equipment to the execution of turnkey warehousing infrastructure and solar EPC (engineering, procurement, and construction) contracts.

Beyond infrastructure development, REL also delivers maintenance services, structured cabling for voice and data networks, and advanced electrical contracting for varied project sizes. Its client base cuts across industrial, commercial, entertainment, warehousing, and retail sectors—reflecting its adaptability and industry expertise.

Market Response: Stock Locked in 5% Upper Circuit

Following Monday’s announcement of substantial new contracts, Rulka Electricals’ shares rallied to hit the 5% upper circuit, advancing from ₹130 to ₹136.50 apiece. This strong price movement highlights renewed investor confidence fueled by the company’s growing order book and steady performance.

Notably, the stock is now 7.5% above its 52-week low of ₹132, signaling a potential upward trend. With a current market capitalization of ₹58.13 crore, REL continues to attract interest from retail and institutional investors alike.

Business Outlook: Building Momentum Through Core Strengths

Rulka Electricals’ ability to consistently secure contracts in key infrastructure and safety-related services indicates a robust demand pipeline and strong client trust. Its integrated service offerings, which cover both traditional and advanced systems in electrical and safety engineering, allow it to remain competitive in a highly fragmented market.

The company’s continued wins in essential sectors such as real estate warehousing and industrial utilities point toward a stable revenue stream in the near term. As infrastructure investments pick up across India, REL appears well-positioned to capitalize on upcoming opportunities.

Final Thoughts

Rulka Electricals Limited’s recent contract wins worth over ₹16 crore reinforce the company’s standing as a reliable service provider in India’s growing infrastructure and utility services sector. By adding high-value projects in both Maharashtra and Tamil Nadu, REL has not only broadened its regional footprint but also strengthened its core business portfolio.

The market’s positive response, reflected in the stock hitting the upper circuit, suggests strong investor belief in REL’s trajectory. With a diverse clientele and multi-sector expertise, the company looks poised to build on its recent momentum and deliver sustainable growth in the coming quarters.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The image added is for representation purposes only

ReNew Energy Reports Fivefold Profit Rise in Q4, Expands Green Energy Portfolio

Waaree Energies Surges Over 11% on FTSE Index Inclusion Buzz

Nyati Engineering awards ₹1.32 crore project to Power & Instrumentation.

Nyati Engineering awards ₹1.32 crore project to Power & Instrumentation.

Power & Instrumentation (Gujarat) Ltd (PIGL), a prominent player in the electrical equipment and contracting sector, has recently bagged a significant new order. The company has been awarded a contract worth ₹1,32,74,718, including GST, from Nyati Engineering & Construction Pvt Ltd. This new order is part of the ongoing development at the Udaipur Air Terminal in Rajasthan and marks another milestone in PIGL’s expanding portfolio.

Details of the New Contract

The fresh order entails comprehensive work covering the design, supply, installation, testing, and commissioning of Extra Low Voltage (ELV) raceways and cable trays. These components are crucial for electrical installations, especially in large infrastructure projects like airports where safety and efficiency are paramount. The company is expected to complete this project within six months, indicating a prompt execution timeline that aligns with PIGL’s reputation for timely delivery.

This order is part of a series of contracts PIGL has secured from Nyati Engineering for the Udaipur Air Terminal project. The total value of orders bagged by the company for this project now stands at approximately ₹52.43 crore, demonstrating its growing association and trust with Nyati Engineering & Construction Pvt Ltd.

Robust Order Book and Growing Business Opportunities

As of March 31, 2025, Power & Instrumentation boasts a robust order book valued at nearly ₹400 crore. This extensive order pipeline ensures strong revenue visibility for the upcoming financial periods. The new contract further strengthens this position, reflecting the company’s ability to consistently attract and secure new projects.

The consistent addition of fresh orders indicates the company’s competitive edge and its growing expertise in the field of electrical and EPC (Engineering, Procurement, and Construction) contracting. Power & Instrumentation is gradually establishing itself as a reliable player in infrastructure-related electrical works, particularly in specialized sectors like airport development.

A Legacy of Excellence and Strong Market Position

Since its establishment in 1975, Power & Instrumentation (Gujarat) Ltd has consistently developed a strong market presence and earned industry-wide recognition over the years. The company has successfully executed more than 35 airport-related projects across the country. Its diversified project experience spans public electrification, airport systems, and other critical infrastructure.

In addition to its airport work, PIGL has completed the electrification of over 100,000 Below Poverty Line (BPL) homes and has laid more than 20,000 kilometers of HT (High Tension) and LT (Low Tension) electrical lines. This diverse experience underlines the company’s capability to manage large-scale and technically demanding projects.

Financial Performance Overview

The company’s financial performance for FY25 has been solid. Power & Instrumentation reported total revenues of ₹171.28 crore for the year ending March 31, 2025. It posted an EBITDA of ₹19.59 crore and achieved a net profit of ₹11.75 crore, reflecting healthy profitability and efficient cost management.

These financial figures highlight the company’s ability to grow its business sustainably while maintaining a focus on operational efficiency. A steady net profit margin also indicates a well-managed balance sheet and prudent financial planning.

Positive Stock Performance and Investor Confidence

Power & Instrumentation’s stock has performed impressively in the past year. The company’s shares have soared by over 136% from its 52-week low of ₹69.50, reflecting growing investor confidence. The stock also recently touched its upper circuit limit following the announcement of another ₹6.25 crore order related to the same Udaipur Air Terminal project.

The sharp rise in stock prices suggests that the market views the company’s future prospects positively, likely due to its consistent order wins and a strong project execution track record. This upward trend reinforces the company’s credibility and positions it as a potentially attractive investment opportunity in the electrical contracting space.

Strategic Positioning in a Growing Sector

India’s ongoing infrastructure boom, with significant focus on airport modernization and expansion, creates a fertile ground for companies like Power & Instrumentation. The government’s increased push for aviation connectivity through projects like the UDAN scheme is generating substantial demand for airport-related electrical and civil works.

The company’s specialization in airport electrical projects, coupled with its experience in handling complex ELV systems, places it in an advantageous position to capitalize on these emerging opportunities. By securing repeat orders from prominent clients, PIGL is solidifying its position as a trusted and capable player in the industry.

Conclusion

The latest order from Nyati Engineering not only adds to Power & Instrumentation’s already impressive order book but also reinforces its standing in the specialized airport infrastructure segment. With solid financials, a strong growth trajectory, and increasing investor interest, Power & Instrumentation (Gujarat) Ltd seems well-poised to sustain its upward momentum in the coming quarters.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The image added is for representation purposes only

Talbros Automotive Components Accelerates to New Highs on ₹580 Crore Order Win