
About IC Electricals Company Ltd
IC Electricals Company Ltd is a publicly listed company based in Delhi (India). Power distribution, railway equipment, and manufacturing services in India. Its Indian entity Ic Electricals Company Limited reported revenue of ₹144 Cr. IC Electricals Company Ltd offers products and services including Microprocessor-based Power Control and Electrical Rotating Machines. Its focus areas include Electronics and Manufacturing, Electrical Engineering, Power Systems and Railway Applications.
Company details
IC Electricals Company Ltd is recognized for facilitating power distribution systems and microprocessor-based equipment tailored for railway applications, along with electrical rotating machines and insulating materials. Research and development efforts are directed towards ensuring product reliability, quality assurance, and efficiency in various applications. Core values such as quality, reliability, growth, performance, and teamwork are upheld to guide operations. Customized and cost-effective solutions are provided for railway needs, with services including product inquiries and complaint handling. The company operates from its base in New Delhi, India, focusing on consistent delivery.
- Headquarters Delhi, India
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Legal Name Ic Electricals Company Limited
- Market Cap₹207 Cr
ICELCO-SM · NSE
- Share Price₹116.50
+2.60% today
- Revenue₹143 Cr
FY 2025-26 · +17.4% YoY
- EBITDA₹27.03 Cr
Margin 18.9%
- Net Profit₹13.99 Cr
FY 2025-26 · +49.2% YoY
- P/E (TTM)13.9x
P/B 1.7x
- ROE24.9%
ROCE 21.9%
- Debt / Equity1.16
Interest cover 30.8x
Associated legal entities of IC Electricals Company Ltd
IC Electricals Company Ltd operates through Ic Electricals Company Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Ic Electricals Company Limited Listed CIN U31909DL2005PLC139412 | Active | 05 Aug 2005 | New Delhi, Delhi | ₹144 Cr | 99 | 10 | View details |
Products & Services of IC Electricals Company Ltd
IC Electricals Company Ltd offers a comprehensive portfolio of products and services, including Microprocessor-based Power Control and Electrical Rotating Machines.
Equipment for railway applications is facilitated to ensure power distribution and instrumentation needs are met.
Machines and insulating materials are provided for various industrial uses, supporting operational efficiency.
Board of directors of Ic Electricals Company Limited (IC Electricals Company Ltd)
Ic Electricals Company Limited is the primary company behind IC Electricals Company Ltd. The board of Ic Electricals Company Limited currently have 8 directors; the longest-serving is Sunil Kumar Verma, appointed in 2005. 13 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunil Kumar Verma DIN 00346995 | Managing Director | 01 Nov 2005 | 20 yrs 11 mo | Ic Electricals Company Limited |
| Sanjai Vishwakarma DIN 01362411 | Director | 01 Nov 2005 | 20 yrs 11 mo | Ic Electricals Company Limited |
| Savita Sachdeva DIN 07083528 | Director | 17 Jul 2017 | 9 yrs 3 mo | Ic Electricals Company Limited |
| Rahul Varma DIN 08227447 | Whole-time director | 14 Aug 2018 | 8 yrs 2 mo | Ic Electricals Company Limited |
| Renu Verma DIN 06452258 | Director | 26 Feb 2024 | 2 yrs 8 mo | Ic Electricals Company Limited |
| Bhaskar Reddy Dasari DIN 00157696 | Director | 27 Dec 2024 | 1 yr 10 mo | Ic Electricals Company Limited |
| Nitin Chowdhary DIN 00319103 | Director | 22 Mar 2025 | 1 yr 7 mo | Ic Electricals Company Limited |
| Sanjay Pandey DIN 00111208 | Director | 24 Apr 2025 | 1 yr 6 mo | Ic Electricals Company Limited |
IPO & Listings of IC Electricals Company Ltd
IC Electricals Company Ltd is a publicly listed company on the NSE with ticker symbol ICELCO in India, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date10 Jul 2026
- Listed onNSE: ICELCO
- Listed entityIC Electricals Company Limited
- Exchange sectorElectronic technology
- ISININE0XE501015
- Share price₹106.90 (-1.97% on the day) · 2026-10-14
- Market capitalisation₹201 Cr
- Volume (last session)220,800
Financials of IC Electricals Company Ltd
Exchange-reported figures of Ic Electricals Company Limited, the listed company behind IC Electricals Company Ltd (NSE: ICELCO-SM).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Income statement | |||
| Revenue | 143 | 122 | 99.25 |
| Revenue growth | +17.4% | +22.8% | - |
| EBITDA | 27.03 | 19.57 | 12.95 |
| EBITDA margin | +18.9% | +16.1% | +13.1% |
| Profit before tax | 18.94 | 12.64 | 6.03 |
| Net profit | 13.99 | 9.38 | 4.53 |
| Net profit margin | +9.8% | +7.7% | +4.6% |
| EPS (₹) | 10.49 | 6.98 | 11.76 |
| Balance sheet | |||
| Total assets | 140 | 106 | 79.80 |
| Net worth | 63.62 | 49.54 | 30.96 |
| Total debt | 75.42 | 55.79 | 47.81 |
| Cash & bank | 0.40 | 0.54 | 0.22 |
| Net working capital | 132 | 99.35 | 69.36 |
| Cash flow | |||
| Cash from operations | (11.10) | (9.65) | (1.47) |
| Cash from investing | (0.60) | (0.26) | 0.10 |
| Cash from financing | 11.55 | 10.23 | 1.51 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Income statement | |||
| Revenue | 144 | 121 | 99.22 |
| Revenue growth | +18.5% | +22.4% | - |
| EBITDA | 26.99 | 19.39 | 13.11 |
| EBITDA margin | +18.8% | +16.0% | +13.2% |
| Profit before tax | 18.82 | 12.46 | 6.02 |
| Net profit | 13.92 | 9.28 | 4.61 |
| Net profit margin | +9.7% | +7.6% | +4.7% |
| EPS (₹) | 10.45 | 6.92 | 12.00 |
| Balance sheet | |||
| Total assets | 141 | 107 | 81.66 |
| Net worth | 65.74 | 51.71 | 33.22 |
| Total debt | 74.15 | 54.12 | 47.72 |
| Cash & bank | 0.34 | 0.31 | 0.09 |
| Net working capital | 132 | 99.57 | 71.31 |
| Cash flow | |||
| Cash from operations | (11.46) | (8.28) | (1.62) |
| Cash from investing | (0.60) | (0.27) | 0.24 |
| Cash from financing | 12.09 | 8.76 | 1.43 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue | 143 | 122 | 99.25 |
| Revenue growth | +17.4% | +22.8% | - |
| Other income | 0.77 | 0.50 | 0.50 |
| Total expenses | 116 | 102 | 86.30 |
| Employee cost | 11.59 | 9.25 | 9.71 |
| EBITDA | 27.03 | 19.57 | 12.95 |
| EBITDA margin | +18.9% | +16.1% | +13.1% |
| Depreciation | 0.78 | 0.47 | 0.45 |
| Interest | 8.08 | 6.96 | 6.97 |
| Profit before tax | 18.94 | 12.64 | 6.03 |
| Tax | 4.83 | 3.22 | 1.41 |
| Net profit | 13.99 | 9.38 | 4.53 |
| Net profit margin | +9.8% | +7.7% | +4.6% |
| EPS (₹) | 10.49 | 6.98 | 11.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 13.42 | 13.42 | 3.85 |
| Reserves & surplus | 50.20 | 36.12 | 27.11 |
| Shareholders' funds (net worth) | 63.62 | 49.54 | 30.96 |
| Minority interest | 0.37 | 0.34 | 0.30 |
| Secured loans | 44.32 | 29.02 | 23.46 |
| Unsecured loans | 31.10 | 26.77 | 24.35 |
| Total debt | 75.42 | 55.79 | 47.81 |
| Total liabilities | 140 | 106 | 79.80 |
| Assets | |||
| Gross block | 13.42 | 12.58 | 11.96 |
| Net block | 3.08 | 2.81 | 2.66 |
| Capital work in progress | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 |
| Inventories | 97.71 | 85.60 | 75.62 |
| Sundry debtors | 35.46 | 27.67 | 35.75 |
| Cash & bank balances | 0.40 | 0.54 | 0.22 |
| Loans & advances | 51.19 | 39.10 | 21.86 |
| Total current assets | 185 | 153 | 133 |
| Total current liabilities | 53.15 | 53.56 | 64.09 |
| Net working capital | 132 | 99.35 | 69.36 |
| Total assets | 140 | 106 | 79.80 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Opening cash | 0.54 | 0.22 | 0.09 |
| Net cash from operating activities | (11.10) | (9.65) | (1.47) |
| Net cash from investing activities | (0.60) | (0.26) | 0.10 |
| Net cash from financing activities | 11.55 | 10.23 | 1.51 |
| Net change in cash | (0.14) | 0.31 | 0.14 |
| Closing cash | 0.40 | 0.54 | 0.22 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Growth | |||
| Sales growth | +17.4% | +22.8% | - |
| EBITDA growth | +38.1% | +51.1% | - |
| PBT growth | +49.8% | +109.6% | +9997.0% |
| Net income growth | +49.2% | +107.1% | - |
| Profitability & leverage | |||
| Net income margin | +9.9% | +7.7% | +4.7% |
| Return on capital employed | +22.0% | +21.1% | +16.4% |
| Return on net worth | +24.9% | +23.4% | +14.9% |
| Debt / equity | 1.16 | 1.29 | 1.54 |
| Long-term debt / equity | 0.04 | 0.06 | 0.10 |
| Interest cover | 30.78 | 36.44 | 55.76 |
| Efficiency & per share | |||
| Fixed asset turnover | 11.00 | 9.93 | 8.30 |
| Inventory turnover | 1.56 | 1.51 | 1.31 |
| Debtors turnover | 4.53 | 3.84 | 2.78 |
| EPS (₹) | 10.49 | 6.98 | 11.76 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 47.40 | 36.91 | 80.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue | 144 | 121 | 99.22 |
| Revenue growth | +18.5% | +22.4% | - |
| Other income | 0.51 | 0.36 | 0.30 |
| Total expenses | 117 | 102 | 86.11 |
| Employee cost | 11.38 | 9.06 | 9.59 |
| EBITDA | 26.99 | 19.39 | 13.11 |
| EBITDA margin | +18.8% | +16.0% | +13.2% |
| Depreciation | 0.75 | 0.43 | 0.43 |
| Interest | 7.93 | 6.86 | 6.96 |
| Profit before tax | 18.82 | 12.46 | 6.02 |
| Tax | 4.80 | 3.18 | 1.41 |
| Net profit | 13.92 | 9.28 | 4.61 |
| Net profit margin | +9.7% | +7.6% | +4.7% |
| EPS (₹) | 10.45 | 6.92 | 12.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 13.42 | 13.42 | 3.85 |
| Reserves & surplus | 52.32 | 38.29 | 29.37 |
| Shareholders' funds (net worth) | 65.74 | 51.71 | 33.22 |
| Secured loans | 43.06 | 27.37 | 23.38 |
| Unsecured loans | 31.09 | 26.75 | 24.34 |
| Total debt | 74.15 | 54.12 | 47.72 |
| Total liabilities | 141 | 107 | 81.66 |
| Assets | |||
| Gross block | 13.23 | 12.40 | 11.78 |
| Net block | 2.99 | 2.70 | 2.51 |
| Capital work in progress | 0.00 | 0.00 | 0.00 |
| Investments | 0.06 | 0.06 | 0.06 |
| Inventories | 91.91 | 81.39 | 71.68 |
| Sundry debtors | 42.16 | 33.69 | 42.08 |
| Cash & bank balances | 0.34 | 0.31 | 0.09 |
| Loans & advances | 48.01 | 35.65 | 18.35 |
| Total current assets | 182 | 151 | 132 |
| Total current liabilities | 50.32 | 51.47 | 60.89 |
| Net working capital | 132 | 99.57 | 71.31 |
| Total assets | 141 | 107 | 81.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Opening cash | 0.31 | 0.09 | 0.05 |
| Net cash from operating activities | (11.46) | (8.28) | (1.62) |
| Net cash from investing activities | (0.60) | (0.27) | 0.24 |
| Net cash from financing activities | 12.09 | 8.76 | 1.43 |
| Net change in cash | 0.03 | 0.22 | 0.05 |
| Closing cash | 0.34 | 0.31 | 0.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Growth | |||
| Sales growth | +18.5% | +22.4% | - |
| EBITDA growth | +39.2% | +47.9% | - |
| PBT growth | +51.0% | +107.0% | +9997.0% |
| Net income growth | +50.0% | +101.3% | - |
| Profitability & leverage | |||
| Net income margin | +9.7% | +7.6% | +4.7% |
| Return on capital employed | +21.6% | +20.5% | +15.9% |
| Return on net worth | +23.9% | +21.9% | +13.9% |
| Debt / equity | 1.09 | 1.20 | 1.44 |
| Long-term debt / equity | 0.03 | 0.06 | 0.09 |
| Interest cover | 30.22 | 36.18 | 54.89 |
| Efficiency & per share | |||
| Fixed asset turnover | 11.23 | 10.05 | 8.42 |
| Inventory turnover | 1.66 | 1.59 | 1.38 |
| Debtors turnover | 3.80 | 3.21 | 2.36 |
| EPS (₹) | 10.45 | 6.92 | 12.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 48.98 | 38.53 | 86.28 |
Top companies in PCB & Electronic Components
3 companies that operate in the same segment as IC Electricals Company Ltd (PCB & Electronic Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufactures energy meters, monitors, and switchgear for power management and industrial applications. | 2004 | Bengaluru, Karnataka, India | ||||
Gala Precision Engineering is engaged in manufacturing precision components. | 2009 | Thane, Maharashtra, India | USD 33.25 M | 335 | ||
Electronic safety embedded systems are manufactured for railway transport. | 2002 | Bengaluru, Karnataka, India | 383 |
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Frequently Asked Questions about IC Electricals Company Ltd
IC Electricals Company Ltd is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
The primary company behind IC Electricals Company Ltd, Ic Electricals Company Limited, reported revenue of ₹144 Cr for FY 2026, up 17% year on year.
IC Electricals Company Ltd is recognized for facilitating power distribution systems and microprocessor-based equipment tailored for railway applications, along with electrical rotating machines and insulating materials. Research and development efforts are directed towards ensuring product reliability, quality assurance, and efficiency in various applications. Core values such as quality, reliability, growth, performance, and teamwork are upheld to guide operations. Customized and cost-effective solutions are provided for railway needs, with services including product inquiries and complaint handling. The company operates from its base in New Delhi, India, focusing on consistent delivery.
IC Electricals Company Ltd offers Microprocessor-based Power Control and Electrical Rotating Machines.
Yes, IC Electricals Company Ltd is publicly traded on NSE under the ticker symbol ICELCO.
IC Electricals Company Ltd operates through Ic Electricals Company Limited.
The legal entities of IC Electricals Company Ltd currently have 10 directors, including Renu Verma, Bhaskar Reddy Dasari, Sunil Kumar Verma and others.
