Shivalic Power Control Limited — Results, 26-12-2024: Reply to Clarification- Financial results

Shivalic Power Control Limited reported robust growth in its financial performance for the first half of the fiscal year 2025. Revenue from operations reached ₹53.51 crore, marking a substantial 72.5% year-on-year increase from ₹31.01 crore. This growth can be attributed to strategic expansions and a diversified product offering, particularly the introduction of smart switchboards and energy monitoring solutions.

Net profit surged by 117.2% to ₹6.46 crore, up from ₹2.97 crore in the previous period, driven by strong operational efficiencies and a controlled increase in expenses. Earnings Per Share (EPS) rose to ₹2.68 from ₹1.97, reflecting solid bottom-line growth.

Operational costs saw a manageable increase, with the cost of materials consumed at ₹38.69 crore, contributing to an EBITDA of ₹9.35 crore, up 52.5% year-on-year. The EBITDA margin, while slightly lower at 17.47%, remains healthy, highlighting effective cost management amid expanding operations.

The balance sheet reflects a strong asset base, with total assets of ₹132.11 crore, alongside increasing current assets bolstered by higher cash reserves of ₹17.61 crore. This positions the company well for future growth initiatives, including office expansions across key cities and investments in digital transformation projects.

Given the strong performance, prudent cost management, and strategic focus on innovation, a buy insight is suggested, as the company is well-positioned for continued growth in a dynamic market.