Shivalic Power Control Charges Ahead: Wins ₹8.5 Million Order, Revving Growth Momentum

Shivalic Power Control Limited, one of the top producers of LT and HT electric panels, has reported the wining of a new order for ₹8.5 million. The new contract is an addition to the company's order book that keeps growing, validating its position within the competitive electrical equipment industry.

 

Major points:

 

1.Order amount: ₹8.5 million (roughly $102,000)

2.In sequel to orders from Machino Plastics Ltd and NXTRA Data

3.Goes with the strategy of diversifying Shivalic's customer base

 

Even though exact figures regarding the project and client size are not announced, the order is likely to help boost revenue for Shivalic in subsequent quarters. Shivalic has been making all efforts to develop its portfolio of projects with equal emphasis on Indian and international customers.

 

This new agreement comes while Shivalic continues to draw strength from its alliances with the industry's giants such as Siemens, L&T, and Schneider Electric. Its shares, which listed on the NSE-SME in June 2024, have made impressive growth, an indicator of investor optimism towards its business model and ability to execute.

 

Sources: Shivalic Power Control Limited Regulatory Filing, March 19, 2025