What we do IC Electricals Company Limited designs and manufactures advanced electronic components and turnkey electrification solutions for Indian Railways, enhancing railway safety and performance. |
Founded in 2,005 |
Market share - |
Problem solved Provides reliable power regulation and control systems to ensure safety and efficiency in railway operations and infrastructure modernization. |
Top clients or who we serve Indian Railways and related railway infrastructure sectors, primarily B2B clients. |
Key management - |
Our journey and innovations Started as a private company in 2005, became public company in 2024, developed microprocessor-based control and permanent magnet alternators for railways. |
Where we operate India, focused on Haridwar manufacturing units serving nationwide railway projects. |
Top products or what we offer Regulators, battery chargers, emergency lights, inverters, control systems, alternators, traction motors, turnkey railway electrification. |
Top brands - |
Raw materials needed Electrical components, microprocessors, metals for alternators and traction motors. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is largely cyclical aligned with railway project contracts and manufacturing orders. |
Our industry position Specialized supplier in railway electronic and electrification equipment, supporting India's rail infrastructure. |
Financial highlights FY 2023 revenue Rs 143.04 crore, net profit Rs 14.08 crore, manufacturing and contract segments profitable. |
Geographical revenue split - |
Order book - |
Whats driving growth Railway modernization, demand for advanced electronic controls, and infrastructure electrification projects. |
Our future plans Planning IPO to raise capital for expansion and increase manufacturing capacity. |
Our green promise - |
Our people and values - |
Key challenges ahead Dependency on railway sector investments and regulatory approvals. |
Interesting facts Operates 3 manufacturing units in Haridwar and offers end-to-end 25 kV AC electrification solutions. |
Risks and strategy - |
