Shivalic Power Control Ltd. – Company Report
1. Company Overview
Shivalic Power Control Ltd., established in 2004 and headquartered in Faridabad, Haryana, India, is a leading ISO-certified manufacturer of Low Tension (LT) and High Tension (HT) electric panels. The company was founded by Mr. Amit Kanwar Jindal, whose engineering expertise of over 24 years underpins its progressiveness and spirit of innovation. Over the past two decades, Shivalic has developed a global client base, exporting to countries in Africa and Asia, including Mongolia, Kenya, Nepal, Bangladesh, Uganda, Nigeria, and Algeria.
The company operates a state-of-the-art manufacturing facility equipped with advanced CNC machinery and automation, with a production capacity of 10,000 verticals per annum and a workforce of approximately 180–200 employees. Shivalic is recognized for its earthquake-resistant, internal arc-tested, and non-welded (bolted) panel designs, backed by a range of international certifications. It maintains strategic partnerships with L&T, Siemens, Schneider, and TDK.
Key Highlights:
- Incorporated: 2004
- Headquarters: Faridabad, Haryana, India
- Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 50001, IEC 61439-1&2, IEC 61641, IS 1893
- Core Focus: LT & HT Electric Panels (Seismic Resilient, Arc-Tested, Non-Welded)
- Manufacturing Facility: Ballabgarh, Haryana (1.25 lakh sq ft)
- Employees: ~180–200
- Global Presence: 1,500+ clients, Exports to Asia & Africa
- Promoter & Leadership: Mr. Amit Kanwar Jindal
2. Products and Services
Shivalic manufactures a comprehensive range of electric panels and related solutions for varied industrial needs.
Power Distribution & Control Panels:
- PCC Panels, MCC Panels, IMCC Panels
- Smart Panels (energy-efficient, IoT-ready)
- HT Panels (up to 33KV), VFD Panels
- DG Synchronization Panels, APFC Panels
- Firefighting Panels, Changeover Panels
- Weather-resistant Outdoor Panels, Customized Panels
- Power Distribution Boards, Bus Ducts, Cable Trays, Raceways, Control Desks
Manufacturing, Design, and Technology:
- Techno modular bolted panels with copper/aluminum busbars
- Seismic resilient & internal arc fault-tested designs
- Automation-integrated facility with AI-powered bus bar bending
- In-house QA lab for product testing and validation
Industries Served:
- Steel, Cement, Sugar, FMCG, Automobile, Paper, and more
Value-Added Services:
- Customized design and engineering
- Project commissioning, service, and after-sales support
3. Recent News and Financial Performance
Recent Order Wins:
- July 2025:
- Awarded a ₹80 lakh order from a leading automotive components manufacturer (delivery by August 2025).
- April 2025:
- Secured a ₹36 lakh order from JBM Auto for LT Panels.
- Awarded a ₹3 crores order from Jindal Stainless Limited for the supply of LT Panels (delivery by June 2025).
- March 2025:
- Awarded a ₹70 lakh order from Bharti Hexacom Ltd for LT Panels.
- Secured a ₹83 lakhs, has been awarded by Shree Cement Limited for LT Panels (delivery by May 2025).
- Awarded a ₹1.65 crores, has been secured from Pepsico India Holdings Private Limited for the supply of LT Panels (delivery by June 2025).
- Secured a ₹3 crores from GMT Industries Limited for the supply of LT Panels, to be executed by May 2025.
- January 2025:
- Awarded a ₹35 Lacs from Victoria Auto Pvt. Ltd.
- Secured a ₹37.5 lakhs order of LT Panels of from Dalmia, to be executed by mid-May 2025.
- Awarded a ₹62 lakh order from Solid Properties Pvt. Ltd..
- Secured a ₹68 Lacs from Dalmia Cement (Bharat) Limited.
- Awarded a ₹69 Lacs from Som Projects Pvt. Ltd.
- Secured a ₹75.95 lakh order from Cipla.
- December 2024:
- Awarded a ₹51.62 lakhs from Technovative Engineers Private Limited for the supply of LT Panels.
- Secured a ₹3.08 crores from GMT Industries for the supply and installation work for electrical items.
- August 2024:
- Awarded a ₹10 crores from JK Cement Limited for LT panels which is expected to be completed by November 2024.
Expansion Plans:
- 2026–2028:
- Set up multiple assembly points across India
- New manufacturing facility for CSS, transformers, sandwich BBT
- 2028–2030:
- Expand to African and Middle Eastern markets
- Launch of dedicated R&D facility
- Growth Target: CAGR of 40–45% over the next 5–6 years
4. Financial Performance (FY2025)
| Metric | FY2025 Value |
|---|---|
| Total Revenue | ₹132.4 crore |
| Net Profit (PAT) | ₹12.4 crore |
| Operating Profit | ₹18.8 crore |
| Operating Profit Margin | 14% |
| EPS (Annualized) | ₹5.15 |
| Dividend | No dividend declared |