Rulka Electricals Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U31103MH2013PLC243817 Incorporated 30 May 2013 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: RULKA Public Limited Company energy and power MSME · Small
Data last updated
Market Cap
₹52.35 Cr
RULKA-SM · NSE
Share Price
₹106.65
0.00% today
Revenue
₹110 Cr
FY 2025-26 · +38.7% YoY
EBITDA
₹5.57 Cr
Margin 5.0%
Net Profit
₹3.29 Cr
FY 2025-26 · +45.6% YoY
P/E (TTM)
15.9x
P/B 1.2x
Authorised capital
₹12.75 Cr
Registered with MCA
Paid-up capital
₹4.91 Cr
Issued & subscribed

About Rulka Electricals Limited

Data last updated:

Rulka Electricals Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 30 May 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31103MH2013PLC243817. Its GSTIN is 27AAGCR4495R1ZD (Maharashtra). The company holds 2 GST registrations, of which 1 is active. Its shares are listed on NSE: RULKA.

The company has an authorised share capital of ₹12.75 Cr and a paid-up capital of ₹4.91 Cr. It is led by directors including Rupesh Laxman Kasavkar (Managing Director) and Nitin Indrakumar Aher (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹110.2 Cr, a growth of 38.7% compared to the previous year. For the same year it recorded a net profit of ₹3.29 Cr (net margin 3%) and EBITDA of ₹5.57 Cr (EBITDA margin 5.1%). The net worth stands at ₹37.42 Cr (up 9.6% YoY). Total assets are valued at ₹42.65 Cr (down 1.3% YoY).

The company has about 38 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Rulka Electricals. As per MCA filings, the company has open charges of ₹38.75 Cr and satisfied charges of ₹4.12 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 6 deals on record (3 secondary share transfers, 1 rights issue, 1 ipo), with disclosed funding of ₹1.67 Cr; the latest was in May 2024. Its 10 peer companies in the Power industry (EPC, BoP and BTG) are compared by revenue, 5 larger and 5 smaller; the largest is Stambh Power System Private Limited with revenue of ₹81.34 Cr.

Rulka Electricals Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0016768). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website replservices.com.

Company Details of Rulka Electricals Limited
CIN U31103MH2013PLC243817
Registration Number 243817
Incorporation Date 30 May 2013
ROC Mumbai
Listing Status Listed (NSE: RULKA)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-18-0016768

CIN History of Rulka Electricals Limited

Rulka Electricals has one previous CIN (Corporate Identification Number): U31103MH2013PTC243817. The current CIN is U31103MH2013PLC243817, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U31103MH2013PLC243817Current
U31103MH2013PTC243817Previous

Recognitions & Rankings of Rulka Electricals

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-18-0016768
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    A – 20 Shiva Industrial Estate Co.Ltd. Lake Road Near Tata Power Bhandup We, St, Mumbai, Maharashtra, India – 400078
  • Industry
    Energy and Power, BoP & BTG Services, Power EPC
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Financials from 2015 Directors & ownership Charges & compliance

Associated Brands with Rulka Electricals Limited

Rulka Electricals operates one associated brand: RULKA ELECTRICALS. Each brand links to its own profile.

BrandDescriptionWebsite
Commercial electrical services are provided for industrial clients.replservices.com

Business Activity of Rulka Electricals Limited

The main business activities of Rulka Electricals are construction and trade. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities and wholesale trading. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstructionF3Demolition & site preparation, Electrical, plumbing & other Specialized construction ActivitiesLocked
GTradeG1Wholesale TradingLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Rulka Electricals Limited FY 2025-26 filings available

Rulka Electricals Limited reported revenue of ₹110.2 Cr (up 38.7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹110 Cr
+38.7% YoY
EBITDA
₹5.57 Cr
+29.2% YoY
Profit After Tax
₹3.29 Cr
+45.6% YoY
Net Worth
₹37.42 Cr
+9.6% YoY
Total Assets
₹42.65 Cr
-1.3% YoY
Total Debt
₹4.80 Cr
-45.2% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue11079.4770.9846.8436.2719.59
Revenue growth+38.7%+12.0%+51.5%+29.1%+85.2%-
EBITDA5.574.318.894.222.371.12
EBITDA margin+5.1%+5.4%+12.5%+9.0%+6.5%+5.7%
Profit before tax4.283.258.363.861.910.72
Net profit3.292.266.112.791.130.53
Net profit margin+3.0%+2.8%+8.6%+6.0%+3.1%+2.7%
EPS (₹)7.725.3017.89253.53101.8948.84
Balance sheet
Total assets42.6543.2324.7711.395.734.10
Net worth37.4234.1313.316.122.771.65
Total debt4.808.7611.045.272.822.31
Cash & bank1.230.611.430.100.390.09
Net working capital33.8135.6319.888.262.941.67
Cash flow
Cash from operations6.12(15.04)(5.83)(2.35)0.720.20
Cash from investing(0.81)(1.06)(0.10)(0.09)(0.72)0.08
Cash from financing(4.98)15.446.752.150.30(0.41)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 20 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue11079.4770.9846.8436.2719.59
Revenue growth+38.7%+12.0%+51.5%+29.1%+85.2%-
Other income0.060.070.310.060.010.01
Total expenses10575.1662.0942.6233.9018.47
Employee cost0.005.384.152.811.010.82
EBITDA5.574.318.894.222.371.12
EBITDA margin+5.1%+5.4%+12.5%+9.0%+6.5%+5.7%
Depreciation0.340.260.150.050.100.08
Interest1.010.870.690.370.370.33
Profit before tax4.283.258.363.861.910.72
Tax0.990.992.251.070.780.19
Net profit3.292.266.112.791.130.53
Net profit margin+3.0%+2.8%+8.6%+6.0%+3.1%+2.7%
EPS (₹)7.725.3017.89253.53101.8948.84
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital4.264.263.420.110.110.11
Reserves & surplus33.1629.879.896.012.661.54
Shareholders' funds (net worth)37.4234.1313.316.122.771.65
Secured loans4.808.760.610.712.432.23
Unsecured loans0.000.0010.434.560.390.08
Total debt4.808.7611.045.272.822.31
Total liabilities42.6543.2324.7711.395.734.10
Assets
Gross block4.934.393.163.082.902.02
Net block3.763.552.592.952.631.85
Capital work in progress0.000.000.000.000.000.00
Investments0.000.000.000.000.220.23
Inventories20.5919.626.1110.316.482.29
Sundry debtors35.8426.1525.0112.967.714.67
Cash & bank balances1.230.611.430.100.390.09
Loans & advances6.105.873.562.041.470.29
Total current assets63.7652.2536.1125.4116.057.34
Total current liabilities29.9516.6216.2317.1513.115.67
Net working capital33.8135.6319.888.262.941.67
Total assets42.6543.2324.7711.395.734.10
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash0.260.910.100.390.090.21
Net cash from operating activities6.12(15.04)(5.83)(2.35)0.720.20
Net cash from investing activities(0.81)(1.06)(0.10)(0.09)(0.72)0.08
Net cash from financing activities(4.98)15.446.752.150.30(0.41)
Net change in cash0.32(0.66)0.82(0.29)0.30(0.13)
Closing cash1.230.611.430.100.390.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+38.7%+12.0%+51.5%+29.1%+85.2%-
EBITDA growth+29.2%-51.5%+110.7%+78.1%+111.6%-
PBT growth+31.7%-61.1%+116.6%+102.1%+165.3%+9997.0%
Net income growth+45.6%-63.0%+119.0%+146.9%+113.2%-
Revenue CAGR (3Y)+33.0%+29.9%+53.6%---
EBITDA CAGR (3Y)+9.7%+22.1%+99.5%---
Profitability & leverage
Net income margin+3.0%+2.8%+8.6%+6.0%+3.1%+2.7%
Return on capital employed-+12.1%+50.0%+49.4%+46.2%+25.9%
Return on net worth-+9.5%+62.9%+62.8%+50.7%+32.7%
Debt / equity-0.420.840.911.161.40
Long-term debt / equity-0.050.180.200.450.82
Interest cover19.3121.487.898.8716.3031.73
Efficiency & per share
Fixed asset turnover-21.0522.7515.6714.749.70
Inventory turnover-9.538.655.588.278.55
Debtors turnover-2.643.744.535.864.19
EPS (₹)7.725.3017.89253.53101.8948.84
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)0.0080.1538.95556.72251.65149.76
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Board of Directors of Rulka Electricals Limited

Rulka Electricals has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nitin Indrakumar AherWhole-Time Director30 May 201313 Years 4 MonthsCurrent
Rupesh Laxman KasavkarManaging Director30 May 201313 Years 4 MonthsCurrent
Tejaswi Pushkar JogalDirector03 Sep 20242 Years 1 MonthsCurrent
Milind Ramnath DhumalDirector09 Sep 20233 Years 1 MonthsCurrent
Sandeep Janu SawantDirector09 Sep 20233 Years 1 MonthsCurrent

Peer Comparison of Rulka Electricals Limited

Rulka Electricals Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Rulka Electricals Limited this company₹110.2 Cr (FY 2026)••••••••38.7%••••Mumbai, Maharashtra, India
Stambh Power System Private Limited₹81.34 Cr (FY 2023)••••••••36.0%••••Uttar Pradesh, India
Shilpaa Electrical Infra Tech (India) Limited₹81.18 Cr (FY 2024)••••••••28.0%••••Hyderabad, Telangana, India
Ilios Power Private Limited₹80.76 Cr (FY 2024)••••••••56.0%••••Hyderabad, Telangana, India
Akanksha Power and Infrastructure Limited₹80.36 Cr (FY 2025)••••••••40.0%••••Nashik, Maharashtra, India
A. K. Communication & Infrastructure Private Limited₹80.22 Cr (FY 2025)••••••••13.0%••••Satna, Madhya Pradesh, India
PCP International Limited₹79.13 Cr (FY 2024)••••••••-28.0%••••Chandigarh, India
Mahavir Syspower Private Limited₹78.95 Cr (FY 2024)••••••••3.0%••••Mumbai, Maharashtra, India
Enmas India Private Limited₹78.6 Cr (FY 2024)••••••••10.0%••••Chennai, Tamil Nadu, India
Encotec Energy (India) Private Limited₹78.52 Cr (FY 2025)••••••••-4.0%••••Delhi, India
Peakqualish Systems Private Limited₹78.37 Cr (FY 2022)••••••••81.0%••••Theni, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Rulka Electricals by revenue in the Power industry (EPC, BoP and BTG), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Rulka Electricals Limited

Rulka Electricals Limited is audited by J. K. SONEE & ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
J. K. SONEE & ASSOCIATESLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Shareholding Pattern of Rulka Electricals Limited

Shareholding for the quarter ended Sep 2026: promoters hold 69.20%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 30.80%.

Promoters: 69.20%Retail & Others: 30.80%
Sep 2026
QUARTER
69.20% Promoters
30.80% Retail & Others
Promoter holding - history
Now 69.20% · Sep 2026High 69.20% · Dec 2025Low 69.20% · Dec 2025
68%68.8%69.5%70.3%71%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 69.20%Mar 2026: 69.20%Jun 2026: 69.20%Sep 2026: 69.20%69.20%69.20%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters69.20%69.20%69.20%69.20%
Public30.80%30.80%30.80%30.80%

Charges & Borrowings of Rulka Electricals Limited

Open charges
₹38.75 Cr
Satisfied charges
₹4.12 Cr
Breakdown by lending institutions
Others₹38.75 Cr
Latest charge details
DateLenderAmountStatus
30 Jun 2026Others₹1.92 CrOpen
29 Apr 2022Others₹52.92 LakhOpen
18 Feb 2022Others₹36.3 CrOpen
30 Apr 2022Others₹22.7 LakhSatisfied
16 Mar 2021Axis Bank Limited₹1.19 CrSatisfied

Total charge records: 7 View all charges

Deals & Funding of Rulka Electricals Limited

Rulka Electricals Limited has 6 deals on record (3 secondary share transfers, 1 rights issue, 1 ipo), with disclosed funding of ₹1.67 Cr; the latest was in May 2024.

Total deals
6
Secondary share transfers
3
Rights issue
1
IPO
1
Funding round
1
Disclosed funding
₹1.67 Cr

Deals on record (5 of 6)

WhenDealAmountParties
May 2024IPO₹26.4 CrInvestors: IPO Shareholders - Rulka Electricals Limited, Bofa Securities Europe Sa - Odi, Benani Capital Screme 1
Seller: Abhay Kantilal Shah Huf
Feb 2024Secondary share transferUndisclosedBuyer: 2 individuals
Seller: an individual
Jun 2023Funding round₹1.67 CrInvestors: 4 individuals
Apr 2023Secondary share transferUndisclosedBuyer: Elixir Commercial And Advisory Services Lip, 3 individuals
Seller: 2 individuals
Apr 2022Secondary share transferUndisclosedBuyer: Abhay Kantilal Shah Huf
Seller: 2 individuals
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Full deal history

All 6 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Employees and EPFO Compliance at Rulka Electricals Limited

Rulka Electricals Limited has a workforce of 38 employees as of Apr 06, 2024.

Employee count
38
Active EPFO establishments
1
Employee growth
2.7%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Rulka Electricals Limited

Rulka Electricals Limited has 12 board changes on record since 2013: 6 appointments and 6 cessations. The latest: Tejaswi Anil Zope ceased to be Additional Director on 29 Sep 2024.

Charges
A charge with Others of Rs. 36.30 Cr registered on 18 Feb 2022 with Charge ID 100564627 was modified on 03 Sep 2026.
Charges
A charge with Others amounted to Rs. 1.92 Cr with Charge ID 101333403 was registered on 30 Jun 2026.
Charges
A charge with Others of Rs. 1.92 Cr registered on 30 Jun 2026 with Charge ID 101333403 was modified on 30 Jun 2026.
AGM
Rulka Electricals Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rulka Electricals Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 30 Apr 2022 via Charge ID 100572541 with Others was fully satisfied on 08 Nov 2024.
Ceased
Tejaswi Anil Zope ceased to be Additional Director.
Appointed
Tejaswi Pushkar Jogal was appointed as Director.
Ceased
Milind Ramnath Dhumal ceased to be Additional Director.
Ceased
Nishi Jain ceased to be Additional Director.
Ceased
Sandeep Janu Sawant ceased to be Additional Director.
Appointed
Kejal Niken Shah was appointed as Company Secretary.

17 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Rulka Electricals Limited

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MSME Payment Delays by Rulka Electricals Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Rulka Electricals Limited

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Corporate group structure

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GST Compliance of Rulka Electricals Limited

Rulka Electricals has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAGCR4495R1ZDMaharashtraActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Rulka Electricals Limited

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MCA filings and documents

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Frequently Asked Questions about Rulka Electricals Limited

Rulka Electricals is an active public limited company based in Mumbai, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 30 May 2013 (13+ years old) and is registered under CIN U31103MH2013PLC243817. Listed on NSE: RULKA.

Rulka Electricals reported revenue of ₹110.2 Cr for FY 2025-26 (up 38.7% YoY) based on standalone financials.

Rulka Electricals has 5 current directors:

The GSTIN of Rulka Electricals is 27AAGCR4495R1ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Rulka Electricals is U31103MH2013PLC243817. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Rulka Electricals is listed on NSE with symbol RULKA.

Rulka Electricals has 1 court case on record: 1 filed by the company. 1 is pending.

Rulka Electricals was incorporated on 30 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.

Rulka Electricals has 6 deals on record (3 secondary share transfers, 1 rights issue, 1 ipo), with disclosed funding of ₹1.67 Cr; the latest was in May 2024.

The peers of Rulka Electricals by revenue are Stambh Power System Private Limited, Shilpaa Electrical Infra Tech (India) Limited, Ilios Power Private Limited, Akanksha Power and Infrastructure Limited, A. K. Communication & Infrastructure Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG).

Tejaswi Anil Zope ceased to be Additional Director on 29 Sep 2024. Tejaswi Pushkar Jogal was appointed as Director on 03 Sep 2024. Milind Ramnath Dhumal ceased to be Additional Director on 29 Sep 2023. Rulka Electricals has 12 board changes on record in total.

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