Shivalic Power Control Limited Records 72% YoY Growth with INR 535 Million Revenue
Team FS
07/Oct/2024

What's covered under the Article:
Shivalic Power Control Ltd. reports revenue of INR 535 million in H1 FY25, a 72% YoY increase.
The company attributes its growth to strong order book visibility and robust execution capabilities.
Shivalic's manufacturing of LT and HT panels has scaled up to meet growing industry demand.
Shivalic Power Control Limited, a leading name in the power sector, has recorded outstanding financial performance for the first half of FY25. According to the Investor Release, the company reported revenues of INR 535 million, reflecting a staggering 72% year-on-year growth compared to the INR 310 million achieved in the corresponding period of H1 FY24. This growth showcases Shivalic’s strong market position in LT (Low Tension) and HT (High Tension) panel manufacturing and its ability to capitalize on emerging opportunities in the power infrastructure space.
The impressive performance, as per Amit Kanwar Jindal, Managing Director of Shivalic Power Control Limited, is a result of the company’s focused execution strategy, backed by a robust order book and dedication from the Shivalic family. Jindal expressed his gratitude to the shareholders, customers, and employees, noting that these results are a testament to the company’s people, products, and culture. He added that the company is poised for continued growth in H2 FY25, supported by ongoing strategic initiatives and operational capabilities.
Shivalic Power Control Limited was founded in 2004 and has quickly risen to prominence as a reliable manufacturer of LT and HT panels for diverse industries, including power generation, infrastructure, and automation. Over the years, the company has built a reputation for innovation, quality, and a commitment to customer satisfaction, helping it maintain a leadership position in the electrical equipment sector.
The company’s production capacity stands at 500 vertical panels per month, meeting the increasing demand for high-quality panels across the country. Shivalic’s commitment to advanced manufacturing techniques ensures that its products consistently meet stringent quality standards, reinforcing its reputation for reliability and innovation. This production capacity reflects Shivalic’s preparedness to handle large-scale projects in both domestic and international markets.
One of the company’s key recent achievements is the successful completion of a ₹28 crore order for the RBI Data Centre, a major milestone in Shivalic’s growth journey. This project highlights Shivalic’s capability in delivering high-quality electrical solutions for critical infrastructure projects, further positioning the company as a preferred partner for large-scale ventures.
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Looking forward, Shivalic Power Control Limited is focused on expanding its manufacturing capabilities and diversifying its product offerings to align with evolving industry demands. The company is also placing greater emphasis on sustainable practices and advanced technologies to enhance efficiency and quality across its operations. With these initiatives, Shivalic is not only aiming to strengthen its presence in the market but also committed to delivering superior value to its customers.
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This exceptional financial performance in H1 FY25 marks another significant milestone for Shivalic Power Control Limited, reinforcing its leadership in the electrical equipment sector and its continued commitment to growth and innovation.
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