What we do Rulka Electricals Ltd is a turnkey contractor specializing in electrical and fire-fighting projects across industrial, commercial, retail, theater, hospital, and hospitality sectors in India. |
Founded in 2,013 |
Market share Strong presence in India with a robust order book in electrical and fire-fighting turnkey projects; growing footprint in infrastructure sectors. |
Problem solved Provides integrated, high-quality electrical, fire-fighting, and related contracting solutions ensuring timely project execution and compliance for infrastructure clients. |
Top clients or who we serve B2B clients in industrial plants, warehouses, retail outlets, theaters, hospitals, and hospitality sectors across India. |
Key management Mr. Rupesh Laxman Kasavkar (Chairman and Managing Director), Mr. Nitin Indrakumar Aher (Whole-Time Director) |
Our journey and innovations Incorporated in 2013, converted to Public Limited in 2023, successfully listed on NSE EMERGE in 2024 after a significant IPO raising Rs 26.40 crores. |
Where we operate Pan-India coverage with projects completed nationwide and ongoing national order book. |
Top products or what we offer Turnkey electrical & fire-fighting projects, electrical panels, solar EPC contracts, data and voice cabling installations, and maintenance services. |
Top brands - |
Raw materials needed Electrical components, fire-fighting equipment, solar panels, cables, and wiring materials. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely project-based with some recurring maintenance and service contracts. |
Our industry position Growing market player with steady revenue increase; listed on NSE EMERGE; recognized for quality and timely delivery. |
Financial highlights FY 2024-25: Revenue ₹79.54 Crores, Net Profit ₹2.26 Crores, 11.57% YoY revenue growth despite lower profitability due to increased costs. |
Geographical revenue split Primarily domestic revenue from Indian projects; no foreign exchange earnings reported. |
Order book Strong order book comprising electrical and fire-fighting projects across various Indian regions. |
Whats driving growth Rising infrastructure investments, increased demand for specialized electrical and fire-fighting turnkey solutions, and expanded project execution capabilities. |
Our future plans Focus on scaling civil infrastructure projects, enhancing profitability, and capitalizing on current strong project pipeline. |
Our green promise - |
Our people and values Committed to employee development and a professional work culture emphasizing innovation, high performance, and inclusion. |
Key challenges ahead Managing rising input costs, project delays, and manpower expenses to sustain profitability and timely execution. |
Interesting facts Completed diverse projects including warehouses, retail stores, theatres, hospitals, and hospitality sectors nationwide. |
Risks and strategy Mitigating project delays and cost inflation risks through strong internal controls, risk management policies, and focus on efficient execution. |
