Shivalic Power Control Limited - energy and power in Ballabgarh, Haryana, India. FY 2026 financials & compliance.
CIN L31200HR2004PLC035502 Incorporated 08 October 2004 ROC Delhi HQ Ballabgarh, Haryana, India
Active Listed - NSE: SPCL Public Limited Company energy and power MSME · Medium
Data last updated
Market Cap
₹145 Cr
SPCL-SM · NSE
Share Price
₹58.15
-3.00% today
Revenue
₹155 Cr
FY 2025-26 · +17.4% YoY
EBITDA
₹18.82 Cr
Margin 12.1%
Net Profit
₹13.14 Cr
FY 2025-26 · +5.7% YoY
P/E (TTM)
11.6x
P/B 1.2x
ROE
11.2%
ROCE 13.1%
Debt / Equity
0.18
Interest cover 9.5x

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 L31200HR2004PLC035502
Registration Number 035502
Incorporation Date 08 October 2004
ROC Delhi
Listing Status Listed (NSE: SPCL)
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-HR-03-0002237

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.

CINStatus
L31200HR2004PLC035502Current
U31200HR2004PLC035502Previous
U31200HR2004PTC035502Previous

Recognitions & Rankings of Shivalic Power Control

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-HR-03-0002237

Contact details

Shivalic Power Control Limited's registered office is in Ballabgarh, Haryana.

  • Social Media
  • Registered Address
    Plot No. 72, Sector – 68 Imt Faridabad, Ballabgarh, Haryana, India – 121004
  • Industry
    Energy and Power, Power Equipment Manufacturers
Comprehensive company report
Shivalic Power Control Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
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Brands

Shivalic Power Control operates one associated brand: Shivalic. Each brand links to its own profile.

BrandDescriptionWebsite
Electrical panels and switchboards are manufactured and distributed by Shivalic.shivalic.com

Financials of Shivalic Power Control Limited

FY 2025-26 filings available

Shivalic Power Control Limited reported revenue of ₹155.4 Cr (up 17.4% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹155 Cr
+17.4% YoY
EBITDA
₹18.82 Cr
-0.1% YoY
Profit After Tax
₹13.14 Cr
+5.7% YoY
Net Worth
₹125 Cr
+10.4% YoY
Total Assets
₹170 Cr
+42.8% YoY
Total Debt
₹37.88 Cr
+621.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25
Income statement
Revenue155132
Revenue growth+17.4%-
EBITDA18.8218.83
EBITDA margin+12.1%+14.2%
Profit before tax16.7216.97
Net profit13.1412.43
Net profit margin+8.5%+9.4%
EPS (₹)5.445.15
Balance sheet
Total assets170119
Net worth125113
Total debt37.885.25
Cash & bank20.2822.28
Net working capital14799.42
Cash flow
Cash from operations(22.81)(8.55)
Cash from investing(1.14)(1.42)
Cash from financing21.4655.36
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue14413210282.1657.3352.2249.03
Revenue growth+8.5%+29.5%+24.4%+43.3%+9.8%+6.5%-
EBITDA15.7818.8319.4612.765.035.025.45
EBITDA margin+11.0%+14.2%+19.0%+15.5%+8.8%+9.6%+11.1%
Profit before tax13.9116.9715.239.631.901.111.39
Net profit10.3312.4311.187.211.740.670.99
Net profit margin+7.2%+9.4%+10.9%+8.8%+3.0%+1.3%+2.0%
EPS (₹)4.285.156.3471.6917.396.6910.01
Balance sheet
Total assets15211973.6948.4344.9039.8335.26
Net worth12311341.2024.8917.3515.6015.13
Total debt27.535.2531.9523.5427.2323.9420.13
Cash & bank16.8922.281.281.053.080.350.91
Net working capital12599.4254.4829.9425.1321.6216.20
Cash flow
Cash from operations(17.95)(8.55)(8.27)4.293.73(1.27)-
Cash from investing(7.64)(1.42)(2.09)(0.22)(2.28)(0.70)-
Cash from financing20.8855.36(2.54)(6.11)1.281.40-
ParticularsMar 2024Dec 2023
Revenue38.6332.54
Other income0.260.10
Total expenses32.2625.97
EBITDA6.376.57
EBITDA margin+16.5%+20.2%
Depreciation0.940.04
Interest0.741.10
Profit before tax4.955.53
Tax1.331.30

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 22 Oct 2026
ParticularsFY 2025-26FY 2024-25
Revenue155132
Revenue growth+17.4%-
Other income1.271.53
Total expenses137114
Employee cost10.397.75
EBITDA18.8218.83
EBITDA margin+12.1%+14.2%
Depreciation1.751.80
Interest1.621.59
Profit before tax16.7216.97
Tax3.594.54
Net profit13.1412.43
Net profit margin+8.5%+9.4%
EPS (₹)5.445.15
ParticularsFY 2025-26FY 2024-25
Equity & liabilities
Share capital24.1224.12
Reserves & surplus10188.77
Shareholders' funds (net worth)125113
Minority interest6.130.00
Secured loans35.904.18
Unsecured loans1.981.07
Total debt37.885.25
Total liabilities170119
Assets
Gross block36.6532.94
Net block20.9718.91
Capital work in progress0.000.00
Investments0.000.00
Inventories80.0357.01
Sundry debtors57.9828.53
Cash & bank balances20.2822.28
Loans & advances8.701.43
Total current assets167109
Total current liabilities19.939.83
Net working capital14799.42
Total assets170119
ParticularsFY 2025-26FY 2024-25
Opening cash22.77(23.79)
Net cash from operating activities(22.81)(8.55)
Net cash from investing activities(1.14)(1.42)
Net cash from financing activities21.4655.36
Net change in cash(2.49)45.39
Closing cash20.2822.28
ParticularsFY 2025-26FY 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 / equity0.180.05
Long-term debt / equity0.020.02
Interest cover9.499.34
Efficiency & per share
Fixed asset turnover4.664.21
Inventory turnover2.272.32
Debtors turnover3.594.64
EPS (₹)5.445.15
Dividend per share (₹)0.000.00
Book value per share (₹)51.0846.20
ParticularsMar 2024Dec 2023
Revenue38.6332.54
Other income0.260.10
Total expenses32.2625.97
EBITDA6.376.57
EBITDA margin+16.5%+20.2%
Depreciation0.940.04
Interest0.741.10
Profit before tax4.955.53
Tax1.331.30
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue14413210282.1657.3352.2249.03
Revenue growth+8.5%+29.5%+24.4%+43.3%+9.8%+6.5%-
Other income1.271.530.490.540.080.160.14
Total expenses12811482.7269.4052.3047.2043.58
Employee cost0.007.754.412.422.162.172.94
EBITDA15.7818.8319.4612.765.035.025.45
EBITDA margin+11.0%+14.2%+19.0%+15.5%+8.8%+9.6%+11.1%
Depreciation1.741.801.761.241.071.271.36
Interest1.401.592.962.432.142.802.84
Profit before tax13.9116.9715.239.631.901.111.39
Tax3.584.544.022.430.160.440.40
Net profit10.3312.4311.187.211.740.670.99
Net profit margin+7.2%+9.4%+10.9%+8.8%+3.0%+1.3%+2.0%
EPS (₹)4.285.156.3471.6917.396.6910.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital24.1224.1217.681.011.011.011.01
Reserves & surplus99.1088.7723.5223.8816.3414.5914.12
Shareholders' funds (net worth)12311341.2024.8917.3515.6015.13
Secured loans27.534.1829.6717.5020.6719.6918.01
Unsecured loans0.001.072.286.046.564.252.12
Total debt27.535.2531.9523.5427.2323.9420.13
Total liabilities15211973.6948.4344.9039.8335.26
Assets
Gross block34.7932.9430.8728.9128.7326.3625.60
Net block19.2318.9118.6418.3019.3618.0618.58
Capital work in progress0.000.000.000.000.000.000.27
Investments6.550.000.000.000.000.000.00
Inventories73.3357.0131.6824.9324.5025.7121.56
Sundry debtors47.6928.5334.6313.2513.323.918.42
Cash & bank balances16.8922.281.281.053.080.350.91
Loans & advances4.381.433.750.470.200.272.61
Total current assets14210971.3439.7041.1030.2433.50
Total current liabilities16.979.8316.869.7615.978.6217.30
Net working capital12599.4254.4829.9425.1321.6216.20
Total assets15211973.6948.4344.9039.8335.26
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash21.60(23.79)(10.89)3.080.350.91-
Net cash from operating activities(17.95)(8.55)(8.27)4.293.73(1.27)-
Net cash from investing activities(7.64)(1.42)(2.09)(0.22)(2.28)(0.70)-
Net cash from financing activities20.8855.36(2.54)(6.11)1.281.40-
Net change in cash(4.71)45.39(12.90)(2.04)2.73(0.56)-
Closing cash16.8922.281.281.053.080.35-
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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-0.250.881.291.701.511.33
Long-term debt / equity-0.040.150.280.501.001.27
Interest cover9.979.3416.7221.0954.0474.6769.44
Efficiency & per share
Fixed asset turnover-4.353.603.002.202.071.92
Inventory turnover-2.983.613.322.282.212.27
Debtors turnover-4.194.276.186.658.475.82
EPS (₹)4.285.156.3471.6917.396.6910.01
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0046.2022.47232.94157.89140.50150.52

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Sapna JindalWhole-Time Director01 Oct 201016 Years 0 MonthsCurrent
Dheeraj ManglaDirector04 Jan 20242 Years 9 MonthsCurrent
Amit JindalManaging Director08 Oct 200422 Years 0 MonthsCurrent
Tarun AggarwalDirector24 Apr 20242 Years 5 MonthsCurrent
Surojit BoseDirector04 Jan 20242 Years 9 MonthsCurrent
Pravin Kumar MishraAdditional Director31 Oct 20250 Years 11 MonthsCurrent

Charges & borrowings

Open charges
₹50.17 Cr
Satisfied charges
₹52.9 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹48.92 Cr
Others₹1.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Mar 2024100889168Others₹1.25 CrOpen
14 Jul 2023100823167Hdfc Bank Limited₹7.89 LakhOpen
21 Jul 2022100614911Hdfc Bank Limited₹11.11 LakhOpen
28 Feb 2022100559418Hdfc Bank Limited₹6.19 LakhOpen
21 Jun 2021100462102Hdfc Bank Limited₹48.49 CrOpen

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.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Oct 2023Secondary share transferUndisclosedBuyer: 4 individuals
Seller: an individual

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

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)

SupplierAmount dueDue sinceReported 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.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
06AAICS4340J1ZAHaryanaActive01 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.

Appointed
Pravin Kumar Mishra was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited of Rs. 48.49 Cr registered on 21 Jun 2021 with Charge ID 100462102 was modified on 08 Oct 2025.
AGM
Shivalic Power Control Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Ceased
Pankaj Joshi ceased to be CFO.
Filing
Shivalic Power Control Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Tarun Aggarwal ceased to be Additional Director.
Ceased
Love Mangla ceased to be Director.
Appointed
Tarun Aggarwal was appointed as Director.
Charges
A charge with Others amounted to Rs. 1.25 Cr with Charge ID 100889168 was registered on 27 Mar 2024.
Appointed
Dheeraj Mangla was appointed as Director.
Appointed
Surojit Bose was appointed as Director.
Ceased
Amit Jindal ceased to be Director.

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:

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.