Shivalic Power Control Limited — Updates, 04-12-2024: Press Release

**Financial Highlights:** For H1 FY25, Shivalic Power Control reported revenue of ₹535 million, reflecting a 72.5% year-on-year growth. The Earnings Before Interest and Tax (EBIT) stood at ₹92 million, up 56.0%, while Profit Before Tax (PBT) grew by 66.6% to ₹79 million. Net Profit (PAT) surged to ₹65 million, marking a remarkable increase of 91.7%. The PAT margin improved to 12.1%, up by 121 bps compared to the previous year.

**Strategic Initiatives and Growth Drivers:** The company emphasized growth through strategic partnerships, particularly in sectors such as data centers, electric vehicle infrastructure, and renewable energy. They are leveraging India’s position as a global manufacturing hub, with plans for an expanded manufacturing facility and diversification of product offerings.

**Business Developments:** Shivalic has secured significant partnerships with major companies, enhancing its product offerings and compliance with international standards. Such collaborations position it as a leader in the electrical panel sector.

**Market Position and Competitive Advantage:** With an increasing footprint in over 20 sectors globally, Shivalic's competitive edge lies in its innovative, robust product design and technology integration that minimizes environmental impact.

**Investor Implications:** Given the projected CAGR of 40%-45% over the next 5-6 years, Shivalic provides promising growth prospects for investors, underscoring a strong potential for capital appreciation amidst expanding business operations.