MarketFriction

Rulka Electricals Ltd

NSE RULKA · Civil Construction
₹107.30 -2.72%
NSE close2026-10-01
52 week range72.95 - 139.75
Market cap₹54.2 Cr.
P/E16.5
IPO 2024 · -54% since Price band 20% Delivery 100.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales363530545455
Expenses323028515252
Operating Profit452333
OPM %11%14%5%4.8%5%5%
Other Income-010000
Interest000110
Depreciation000000
Profit before tax351222
Tax %31%24%29%32%26%21%
Net Profit241122
EPS in Rs7.0010.892.213.103.574.16
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Sales2036477180110
Expenses1834436275105
Operating Profit124946
OPM %6%7%9%13%5%5%
Other Income000000
Interest000111
Depreciation000000
Profit before tax124834
Tax %26%41%28%27%30%23%
Net Profit113623
EPS in Rs49.09101.82253.6417.895.317.73
Dividend Payout %0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%41%33%38%
Compounded Profit Growth%44%6%46%
Stock Price CAGR%%%-11%
Return on Equity%21%17%9%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.110.110.11344
Reserves236103033
Borrowings2351195
Other Liabilities61417171730
Total Liabilities101929416073
Fixed Assets233344
CWIP000000
Investments000000
Other Assets81626395669
Total Assets101929416073
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity01-2-6-156
Cash from Investing Activity0-1-0-0-1-1
Cash from Financing Activity-002715-5
Net Cash Flow-00-01-10
Free Cash Flow0-0-3-6-165
CFO/OP34%53%-31%-53%-309%143%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days8778101129120119
Inventory Days49741134910679
Days Payable1061271611066798
Cash Conversion Cycle30245372159100
Working Capital Days124315012192
ROCE %48%50%51%12%12%
Sep 2024Mar 2025Sep 2025Dec 2025Mar 2026Jun 2026Jul 2026
Promoters69.22%69.22%69.22%69.22%69.22%69.22%60.05%
FIIs2.35%0.61%0.42%0.23%0.00%0.00%8.15%
DIIs0.27%0.06%0.00%0.00%0.00%0.00%0.00%
Public28.16%30.11%30.36%30.56%30.78%30.78%31.80%
No. of Shareholders1,1021,5331,6021,5691,5071,5301,532

Fundamentals

Market Cap₹ 54.2 Cr.
Current Price₹ 110
Stock P/E16.5
Book Value₹ 87.9
ROCE12.4 %
ROE9.20 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)38%
Compounded Profit Growth (TTM)46%
Standalone figures.
Valuation
Market capRs 53 Cr
Enterprise valueRs 55 Cr
P/E (TTM)47.03x
Price to book19.01x
Price to sales1.45x
EV / EBITDA23.25x
EV / EBIT24.27x
EV / sales1.52x
Price to cash flow73.15x
Earnings yield2.13%
Profitability
Operating margin (excl. other income)6.51%
Operating margin (incl. other income)6.53%
EBITDA margin6.53%
Pre-tax margin5.24%
Net profit margin3.09%
ROE50.68%
ROCE47.54%
ROA7.75%
ROIC (approx.)25.73%
Tax rate41.05%
Other income / net worth0.36%
Growth
Sales growth (latest year)85.15%
Profit growth (latest year)107.41%
Per share
EPS (TTM)Rs 2.28
EPS (latest year)Rs 101.82
Book value per shareRs 5.64
Sales per shareRs 73.89
Cash flow per shareRs 1.47
Free cash flow per shareRs 10.19
Efficiency
Asset turnover1.90x
Fixed asset turnover13.79x
Inventory turnover4.97x
Inventory days73 days
Debtor days78 days
Debtors turnover4.70x
Creditor days98 days
Cash conversion cycle100 days
Working capital days92 days
Leverage
Total debtRs 3 Cr
Cash and bankRs 0 Cr
Net debtRs 2 Cr
Debt to equity1.02x
Net debt / EBITDA1.03x
Interest coverage6.14x
Owners' fund to total sources14.49%
Debt to assets14.75%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs 0 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 5 Cr
FCFE (approx.: FCF + change in debt)Rs 6 Cr
Cash from ops / profit, 5 years-1.07x
Sales to cash flow50.38x
Statement figures
Net sales (TTM)Rs 36 Cr
Net sales (latest year)Rs 36 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 32 Cr
Total expenditure (latest year)Rs 34 Cr
Total income (latest year)Rs 36 Cr
Share capitalRs 0 Cr
ReservesRs 3 Cr
Shareholders' fundsRs 3 Cr
Total assetsRs 19 Cr
Net blockRs 3 Cr
InvestmentsRs 0 Cr
ReceivablesRs 8 Cr
InventoryRs 6 Cr
Other liabilitiesRs 14 Cr
Shares outstanding (crore)0.49
Ownership
Promoter holding60.05% (-9.17 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodRULKANifty 50Difference
1 week+0.3%-2.8% +3.1 pts
1 month-2.5%-6.8% +4.3 pts
3 months+18.0%-7.6% +25.6 pts
6 months+24.6%+0.4% +24.1 pts
1 year-16.2%-9.9% -6.3 pts
2 years-75.6%-13.6% -62.0 pts

Red flags

F-score 6 of 8
lookInventory outrunning sales Inventory grew 183% vs sales +85% in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Mar 2026
Sales ₹55 Cr +57.1% vs Mar 2024. Net profit ₹2 Cr -50.0%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded

Quick answers

What is the market cap of Rulka Electricals Ltd?

Rulka Electricals Ltd (RULKA) has a market capitalisation of Rs 54.2 Cr. at the 2026-10-01 close.

What is the P/E ratio of Rulka Electricals Ltd?

Rulka Electricals Ltd trades at a P/E of 16.5 on trailing twelve-month profit, at the 2026-10-01 close.

What were Rulka Electricals Ltd's latest quarterly results?

In the Mar 2026 quarter, Rulka Electricals Ltd sales was Rs 55 Cr (+57.1% vs Mar 2024) and net profit was Rs 2 Cr.

What is the 52-week high and low of Rulka Electricals Ltd?

The 52-week high is Rs 139.75 and the 52-week low is Rs 72.95.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03