- Category
- Medium (2024-25)
- Udyam number
- UDYAM-HR-03-0002237

About Shivalic Power Control Limited
Data last updated:
Shivalic Power Control Limited is a public limited company based in Ballabgarh, Haryana, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 08 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN L31200HR2004PLC035502. Its GSTIN is 06AAICS4340J1ZA (Haryana). The company holds 4 GST registrations, of which 1 is active. Its shares are listed on NSE: SPCL.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹24.12 Cr. It is led by directors including Amit Jindal (Managing Director) and Sapna Jindal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ballabgarh, Haryana.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹155.4 Cr, a growth of 17.4% compared to the previous year. For the same year it recorded a net profit of ₹13.14 Cr (net margin 8.5%) and EBITDA of ₹18.82 Cr (EBITDA margin 12.1%). The net worth stands at ₹124.66 Cr (up 10.4% YoY). Total assets are valued at ₹169.89 Cr (up 42.8% YoY).
The company is associated with 1 brand: Shivalic. As per MCA filings, the company has open charges of ₹50.17 Cr and satisfied charges of ₹52.9 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 1 deal on record (1 secondary share transfer); the latest was in October 2023. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 19 overdue payments to 12 micro and small suppliers.
Shivalic Power Control Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0002237). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shivalic.com.
Company details
CIN history
Shivalic Power Control has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31200HR2004PLC035502, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31200HR2004PLC035502 | Current |
| U31200HR2004PLC035502 | Previous |
| U31200HR2004PTC035502 | Previous |
Recognitions & Rankings of Shivalic Power Control
Contact details
Shivalic Power Control Limited's registered office is in Ballabgarh, Haryana.
- Social Media
- Registered AddressPlot No. 72, Sector – 68 Imt Faridabad, Ballabgarh, Haryana, India – 121004
- IndustryEnergy and Power, Power Equipment Manufacturers
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Shivalic Power Control operates one associated brand: Shivalic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electrical panels and switchboards are manufactured and distributed by Shivalic. | shivalic.com |
Financials of Shivalic Power Control Limited
FY 2025-26 filings availableShivalic Power Control Limited reported revenue of ₹155.4 Cr (up 17.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Income statement | ||
| Revenue | 155 | 132 |
| Revenue growth | +17.4% | - |
| EBITDA | 18.82 | 18.83 |
| EBITDA margin | +12.1% | +14.2% |
| Profit before tax | 16.72 | 16.97 |
| Net profit | 13.14 | 12.43 |
| Net profit margin | +8.5% | +9.4% |
| EPS (₹) | 5.44 | 5.15 |
| Balance sheet | ||
| Total assets | 170 | 119 |
| Net worth | 125 | 113 |
| Total debt | 37.88 | 5.25 |
| Cash & bank | 20.28 | 22.28 |
| Net working capital | 147 | 99.42 |
| Cash flow | ||
| Cash from operations | (22.81) | (8.55) |
| Cash from investing | (1.14) | (1.42) |
| Cash from financing | 21.46 | 55.36 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 144 | 132 | 102 | 82.16 | 57.33 | 52.22 | 49.03 |
| Revenue growth | +8.5% | +29.5% | +24.4% | +43.3% | +9.8% | +6.5% | - |
| EBITDA | 15.78 | 18.83 | 19.46 | 12.76 | 5.03 | 5.02 | 5.45 |
| EBITDA margin | +11.0% | +14.2% | +19.0% | +15.5% | +8.8% | +9.6% | +11.1% |
| Profit before tax | 13.91 | 16.97 | 15.23 | 9.63 | 1.90 | 1.11 | 1.39 |
| Net profit | 10.33 | 12.43 | 11.18 | 7.21 | 1.74 | 0.67 | 0.99 |
| Net profit margin | +7.2% | +9.4% | +10.9% | +8.8% | +3.0% | +1.3% | +2.0% |
| EPS (₹) | 4.28 | 5.15 | 6.34 | 71.69 | 17.39 | 6.69 | 10.01 |
| Balance sheet | |||||||
| Total assets | 152 | 119 | 73.69 | 48.43 | 44.90 | 39.83 | 35.26 |
| Net worth | 123 | 113 | 41.20 | 24.89 | 17.35 | 15.60 | 15.13 |
| Total debt | 27.53 | 5.25 | 31.95 | 23.54 | 27.23 | 23.94 | 20.13 |
| Cash & bank | 16.89 | 22.28 | 1.28 | 1.05 | 3.08 | 0.35 | 0.91 |
| Net working capital | 125 | 99.42 | 54.48 | 29.94 | 25.13 | 21.62 | 16.20 |
| Cash flow | |||||||
| Cash from operations | (17.95) | (8.55) | (8.27) | 4.29 | 3.73 | (1.27) | - |
| Cash from investing | (7.64) | (1.42) | (2.09) | (0.22) | (2.28) | (0.70) | - |
| Cash from financing | 20.88 | 55.36 | (2.54) | (6.11) | 1.28 | 1.40 | - |
| Particulars | Mar 2024 | Dec 2023 |
|---|---|---|
| Revenue | 38.63 | 32.54 |
| Other income | 0.26 | 0.10 |
| Total expenses | 32.26 | 25.97 |
| EBITDA | 6.37 | 6.57 |
| EBITDA margin | +16.5% | +20.2% |
| Depreciation | 0.94 | 0.04 |
| Interest | 0.74 | 1.10 |
| Profit before tax | 4.95 | 5.53 |
| Tax | 1.33 | 1.30 |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Revenue | 155 | 132 |
| Revenue growth | +17.4% | - |
| Other income | 1.27 | 1.53 |
| Total expenses | 137 | 114 |
| Employee cost | 10.39 | 7.75 |
| EBITDA | 18.82 | 18.83 |
| EBITDA margin | +12.1% | +14.2% |
| Depreciation | 1.75 | 1.80 |
| Interest | 1.62 | 1.59 |
| Profit before tax | 16.72 | 16.97 |
| Tax | 3.59 | 4.54 |
| Net profit | 13.14 | 12.43 |
| Net profit margin | +8.5% | +9.4% |
| EPS (₹) | 5.44 | 5.15 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Equity & liabilities | ||
| Share capital | 24.12 | 24.12 |
| Reserves & surplus | 101 | 88.77 |
| Shareholders' funds (net worth) | 125 | 113 |
| Minority interest | 6.13 | 0.00 |
| Secured loans | 35.90 | 4.18 |
| Unsecured loans | 1.98 | 1.07 |
| Total debt | 37.88 | 5.25 |
| Total liabilities | 170 | 119 |
| Assets | ||
| Gross block | 36.65 | 32.94 |
| Net block | 20.97 | 18.91 |
| Capital work in progress | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 |
| Inventories | 80.03 | 57.01 |
| Sundry debtors | 57.98 | 28.53 |
| Cash & bank balances | 20.28 | 22.28 |
| Loans & advances | 8.70 | 1.43 |
| Total current assets | 167 | 109 |
| Total current liabilities | 19.93 | 9.83 |
| Net working capital | 147 | 99.42 |
| Total assets | 170 | 119 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Opening cash | 22.77 | (23.79) |
| Net cash from operating activities | (22.81) | (8.55) |
| Net cash from investing activities | (1.14) | (1.42) |
| Net cash from financing activities | 21.46 | 55.36 |
| Net change in cash | (2.49) | 45.39 |
| Closing cash | 20.28 | 22.28 |
| Particulars | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Growth | ||
| Sales growth | +17.4% | - |
| EBITDA growth | -0.1% | - |
| PBT growth | -1.5% | +9997.0% |
| Net income growth | +5.7% | - |
| Profitability & leverage | ||
| Net income margin | +8.5% | +9.4% |
| Return on capital employed | +13.1% | +15.8% |
| Return on net worth | +11.2% | +11.2% |
| Debt / equity | 0.18 | 0.05 |
| Long-term debt / equity | 0.02 | 0.02 |
| Interest cover | 9.49 | 9.34 |
| Efficiency & per share | ||
| Fixed asset turnover | 4.66 | 4.21 |
| Inventory turnover | 2.27 | 2.32 |
| Debtors turnover | 3.59 | 4.64 |
| EPS (₹) | 5.44 | 5.15 |
| Dividend per share (₹) | 0.00 | 0.00 |
| Book value per share (₹) | 51.08 | 46.20 |
| Particulars | Mar 2024 | Dec 2023 |
|---|---|---|
| Revenue | 38.63 | 32.54 |
| Other income | 0.26 | 0.10 |
| Total expenses | 32.26 | 25.97 |
| EBITDA | 6.37 | 6.57 |
| EBITDA margin | +16.5% | +20.2% |
| Depreciation | 0.94 | 0.04 |
| Interest | 0.74 | 1.10 |
| Profit before tax | 4.95 | 5.53 |
| Tax | 1.33 | 1.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 144 | 132 | 102 | 82.16 | 57.33 | 52.22 | 49.03 |
| Revenue growth | +8.5% | +29.5% | +24.4% | +43.3% | +9.8% | +6.5% | - |
| Other income | 1.27 | 1.53 | 0.49 | 0.54 | 0.08 | 0.16 | 0.14 |
| Total expenses | 128 | 114 | 82.72 | 69.40 | 52.30 | 47.20 | 43.58 |
| Employee cost | 0.00 | 7.75 | 4.41 | 2.42 | 2.16 | 2.17 | 2.94 |
| EBITDA | 15.78 | 18.83 | 19.46 | 12.76 | 5.03 | 5.02 | 5.45 |
| EBITDA margin | +11.0% | +14.2% | +19.0% | +15.5% | +8.8% | +9.6% | +11.1% |
| Depreciation | 1.74 | 1.80 | 1.76 | 1.24 | 1.07 | 1.27 | 1.36 |
| Interest | 1.40 | 1.59 | 2.96 | 2.43 | 2.14 | 2.80 | 2.84 |
| Profit before tax | 13.91 | 16.97 | 15.23 | 9.63 | 1.90 | 1.11 | 1.39 |
| Tax | 3.58 | 4.54 | 4.02 | 2.43 | 0.16 | 0.44 | 0.40 |
| Net profit | 10.33 | 12.43 | 11.18 | 7.21 | 1.74 | 0.67 | 0.99 |
| Net profit margin | +7.2% | +9.4% | +10.9% | +8.8% | +3.0% | +1.3% | +2.0% |
| EPS (₹) | 4.28 | 5.15 | 6.34 | 71.69 | 17.39 | 6.69 | 10.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 24.12 | 24.12 | 17.68 | 1.01 | 1.01 | 1.01 | 1.01 |
| Reserves & surplus | 99.10 | 88.77 | 23.52 | 23.88 | 16.34 | 14.59 | 14.12 |
| Shareholders' funds (net worth) | 123 | 113 | 41.20 | 24.89 | 17.35 | 15.60 | 15.13 |
| Secured loans | 27.53 | 4.18 | 29.67 | 17.50 | 20.67 | 19.69 | 18.01 |
| Unsecured loans | 0.00 | 1.07 | 2.28 | 6.04 | 6.56 | 4.25 | 2.12 |
| Total debt | 27.53 | 5.25 | 31.95 | 23.54 | 27.23 | 23.94 | 20.13 |
| Total liabilities | 152 | 119 | 73.69 | 48.43 | 44.90 | 39.83 | 35.26 |
| Assets | |||||||
| Gross block | 34.79 | 32.94 | 30.87 | 28.91 | 28.73 | 26.36 | 25.60 |
| Net block | 19.23 | 18.91 | 18.64 | 18.30 | 19.36 | 18.06 | 18.58 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 |
| Investments | 6.55 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventories | 73.33 | 57.01 | 31.68 | 24.93 | 24.50 | 25.71 | 21.56 |
| Sundry debtors | 47.69 | 28.53 | 34.63 | 13.25 | 13.32 | 3.91 | 8.42 |
| Cash & bank balances | 16.89 | 22.28 | 1.28 | 1.05 | 3.08 | 0.35 | 0.91 |
| Loans & advances | 4.38 | 1.43 | 3.75 | 0.47 | 0.20 | 0.27 | 2.61 |
| Total current assets | 142 | 109 | 71.34 | 39.70 | 41.10 | 30.24 | 33.50 |
| Total current liabilities | 16.97 | 9.83 | 16.86 | 9.76 | 15.97 | 8.62 | 17.30 |
| Net working capital | 125 | 99.42 | 54.48 | 29.94 | 25.13 | 21.62 | 16.20 |
| Total assets | 152 | 119 | 73.69 | 48.43 | 44.90 | 39.83 | 35.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 21.60 | (23.79) | (10.89) | 3.08 | 0.35 | 0.91 | - |
| Net cash from operating activities | (17.95) | (8.55) | (8.27) | 4.29 | 3.73 | (1.27) | - |
| Net cash from investing activities | (7.64) | (1.42) | (2.09) | (0.22) | (2.28) | (0.70) | - |
| Net cash from financing activities | 20.88 | 55.36 | (2.54) | (6.11) | 1.28 | 1.40 | - |
| Net change in cash | (4.71) | 45.39 | (12.90) | (2.04) | 2.73 | (0.56) | - |
| Closing cash | 16.89 | 22.28 | 1.28 | 1.05 | 3.08 | 0.35 | - |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +8.5% | +29.5% | +24.4% | +43.3% | +9.8% | +6.5% | - |
| EBITDA growth | -16.2% | -3.2% | +52.5% | +153.7% | +0.2% | -7.9% | - |
| PBT growth | -18.0% | +11.4% | +58.2% | +406.8% | +71.2% | -20.1% | +9997.0% |
| Net income growth | -16.9% | +11.2% | +55.1% | +314.4% | +159.7% | -32.3% | - |
| Revenue CAGR (3Y) | +20.5% | +32.2% | +25.1% | +18.8% | - | - | - |
| EBITDA CAGR (3Y) | +7.3% | +55.3% | +57.1% | +32.8% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +7.2% | +9.4% | +11.0% | +8.8% | +3.0% | +1.3% | +2.0% |
| Return on capital employed | - | +19.6% | +30.5% | +26.7% | +9.9% | +10.6% | +12.0% |
| Return on net worth | - | +16.4% | +35.5% | +36.7% | +11.7% | +4.6% | +6.7% |
| Debt / equity | - | 0.25 | 0.88 | 1.29 | 1.70 | 1.51 | 1.33 |
| Long-term debt / equity | - | 0.04 | 0.15 | 0.28 | 0.50 | 1.00 | 1.27 |
| Interest cover | 9.97 | 9.34 | 16.72 | 21.09 | 54.04 | 74.67 | 69.44 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 4.35 | 3.60 | 3.00 | 2.20 | 2.07 | 1.92 |
| Inventory turnover | - | 2.98 | 3.61 | 3.32 | 2.28 | 2.21 | 2.27 |
| Debtors turnover | - | 4.19 | 4.27 | 6.18 | 6.65 | 8.47 | 5.82 |
| EPS (₹) | 4.28 | 5.15 | 6.34 | 71.69 | 17.39 | 6.69 | 10.01 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 46.20 | 22.47 | 232.94 | 157.89 | 140.50 | 150.52 |
To see the full year-wise statements and ratios of Shivalic Power Control Limited, buy the company report.
Board of directors of Shivalic Power Control Limited
Shivalic Power Control has 6 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sapna Jindal | Whole-Time Director | 01 Oct 2010 | 16 Years 0 Months | Current |
| Dheeraj Mangla | Director | 04 Jan 2024 | 2 Years 9 Months | Current |
| Amit Jindal | Managing Director | 08 Oct 2004 | 22 Years 0 Months | Current |
| Tarun Aggarwal | Director | 24 Apr 2024 | 2 Years 5 Months | Current |
| Surojit Bose Also directs: Climate9ers Partners LLP, Alchemist Corporation Limited, Leadinvent Technologies Private Limited and 1 more | Director | 04 Jan 2024 | 2 Years 9 Months | Current |
| Pravin Kumar Mishra | Additional Director | 31 Oct 2025 | 0 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Mar 2024 | 100889168 | Others | ₹1.25 Cr | Open | |
| 14 Jul 2023 | 100823167 | Hdfc Bank Limited | ₹7.89 Lakh | Open | |
| 21 Jul 2022 | 100614911 | Hdfc Bank Limited | ₹11.11 Lakh | Open | |
| 28 Feb 2022 | 100559418 | Hdfc Bank Limited | ₹6.19 Lakh | Open | |
| 21 Jun 2021 | 100462102 | Hdfc Bank Limited | ₹48.49 Cr | Open |
To see the full charge records of Shivalic Power Control Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Shivalic Power Control Limited has 1 deal on record (1 secondary share transfer); the latest was in October 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Shivalic Power Control Limited has 1 court case on record: 1 filed by Shivalic Power Control. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against M/S Tortek India Pvt. Ltd. | Pending |
To see the full case history of Shivalic Power Control Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Shivalic Power Control Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 19 overdue payments to 12 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Tronex Chem India | |||
| Uttam Electric Store | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Shivalic Power Control Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Shivalic Power Control has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAICS4340J1ZA | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shivalic Power Control Limited, buy the company report.
Recent activity
Shivalic Power Control Limited has 13 board changes on record since 2004: 6 appointments and 7 cessations. The latest: Pravin Kumar Mishra was appointed as Additional Director on 31 Oct 2025.
36 earlier events are in the company report.
Frequently asked questions
Shivalic Power Control is an active public limited company based in Ballabgarh, Haryana, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 08 October 2004 (22+ years old) and is registered under CIN L31200HR2004PLC035502. Listed on NSE: SPCL.
Shivalic Power Control reported revenue of ₹155.4 Cr for FY 2025-26 (up 17.4% YoY) based on consolidated financials.
Shivalic Power Control has 6 current directors:
- Amit Jindal - Managing Director
- Sapna Jindal - Whole-Time Director
- Dheeraj Mangla - Director
- Tarun Aggarwal - Director
- Surojit Bose - Director
- Pravin Kumar Mishra - Additional Director
The latest financial statements of Shivalic Power Control on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Shivalic Power Control is 06AAICS4340J1ZA, registered in Haryana. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Shivalic Power Control is L31200HR2004PLC035502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Shivalic Power Control is listed on NSE with symbol SPCL.
Shivalic Power Control has 1 court case on record: 1 filed by the company. 1 is pending.
Shivalic Power Control was incorporated on 08 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Delhi.
Shivalic Power Control has 1 deal on record (1 secondary share transfer); the latest was in October 2023.
Pravin Kumar Mishra was appointed as Additional Director on 31 Oct 2025. Pankaj Joshi ceased to be CFO on 26 Jul 2025. Tarun Aggarwal ceased to be Additional Director on 27 Sep 2024. Shivalic Power Control has 13 board changes on record in total.