RULKA

Rulka Electricals Limited

Listed company · ISIN INE0R7301013 · NSE SM · FV ₹10
Last price
₹107
-2.72%today
What this company does

Rulka Electricals Limited is a listed company. It booked ₹55 cr of revenue in its latest half year (H2 FY26) and kept 3.2% of sales as profit.

64out of 100
Equitytale Health Score
Mixed

Healthier than 64% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,334–2,885 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
56

At close. Not part of the score.

Profitability & returns43

How much profit it earns on the money it employs

Balance sheet60

How much it owes, and whether earnings cover the interest

Cash quality75

Whether reported profit actually arrives as cash

Valuation69

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
A mixed picture
Strengths
✓ Makes a profit
✓ Sales up 11% vs last year
✓ Profit up 34% vs last year
✓ Promoters hold 60%
✓ No promoter shares pledged
Watch-outs
! Thin 3.2% net margin

What if I invest in RULKA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest half year + price
₹107▼ -2.72%
latest close · 2026-10-01
52-wk low ₹9951 sessions so far52-wk high ₹115
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio12.9Low
LowAverageHigh
P/B ratio1.38Moderate
Below bookModerateHigh
EV / EBITDA9.2Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity10.7%Fair
WeakFairStrong ▸15%
Return on capital14.3%Fair
WeakFairStrong
Net margin3.2%Thin
ThinDecentStrong
EBITDA margin4.9%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.14Comfortable
LowModerateHigh ▸1
Interest cover5.8×Strong
RiskyOkayStrong ▸5×
Current ratio1.84Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹46 cr
Book value
₹78
EPS
₹4.16
latest half year
Net debt
₹4 cr
owes more than its cash
Enterprise value
₹50 cr
EBITDA
₹5 cr
annualised
EBIT
₹5 cr
annualised
Operating margin
4.9%
Return on assets
4.9%
Earnings yield
7.75%
P/S
0.41
Sales / share
₹258.6
Tax rate
21.0%
Face value
₹10
Shares
0.4 cr
Working capital
₹29 cr
Current assets
₹64 cr
Current liabilities
₹35 cr
Delivery %
73.1%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-10-01.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹37–₹38, midpoint ₹37

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · H2 FY26 (consolidated)
Revenue from Operations₹55 cr
Other Income₹2.4 L
Total Income₹55 cr
Cost of Materials₹47 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹21.3 L
Employee Benefit Expense₹4 cr
Finance Costs₹46.9 L
Other Expenses₹1 cr
Total Expenses₹53 cr
Profit before Tax₹2 cr
Tax Expense₹47.2 L
Net Profit₹2 cr
Net margin on total income3.2%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹47 cr86.2%
Employee benefit expense₹4 cr6.7%
Finance costs₹46.9 L0.9%
Other expenses₹1 cr2.2%
Tax expense₹47.2 L0.9%
Profit for the period₹2 cr3.2%
Total income ₹55 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH2 FY25H1 FY26H2 FY26
Revenue50 cr54 cr55 cr
Total income50 cr54 cr55 cr
Expenses48 cr52 cr53 cr
Profit before tax2 cr2 cr2 cr
Tax60.3 L51.7 L47.2 L
Net profit (owners' share)1 cr2 cr2 cr
Net margin (owners' share, on revenue)2.6%2.8%3.2%
EPS (₹)3.193.564.16
YoY (latest quarter): total income +10.8% · net profit +34.4%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹73 cr
Shareholder equity
₹33 cr
parent shareholders
Total debt
₹5 cr
Cash
₹57.7 L
Who owns it · 2026-07-21
No pledge
Promoter
60.0%
FII / Foreign
8.2%
DII / Domestic
—
Retail / others
31.8%
Promoter stake down 9.2% over the last 4 quarters.
Smart-money activity
Bulk / block deals
SoldGRATIAS VENTURES PRIVATE LIMITED · NSE21,600 @ ₹111.3328 Aug 26
BoughtGRATIAS VENTURES PRIVATE LIMITED · NSE10,200 @ ₹111.6828 Aug 26
SoldGRATIAS VENTURES PRIVATE LIMITED · NSE21,300 @ ₹111.6927 Aug 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 30 Sep 2026
See the official result
1
To consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon
Promoters had a personal stake in this
This filing does not break the votes down by shareholder group.
2
To appoint a director in place of Mr. Rupesh Kasavkar (DIN: 06546906) who retires by rotation, and being eligible, offers himself for re-appointment
Promoters had a personal stake in this
This filing does not break the votes down by shareholder group.
3
To appoint M/s. Doshi Doshi & Co., Chartered Accountants as the Statutory Auditors of the Company
This filing does not break the votes down by shareholder group.

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 23 named members
owning 60.1% between them · as of 2026-07-21
NITIN INDRAKUMAR AHER30.02%
RUPESH LAXMAN KASAVKAR30.02%
PREETI NITIN AHER0.02%
Arnav Rupesh Kasavkarno shares
Ashwini Indrakuamr Aherno shares
Dhanshree Ganesh Baviskarno shares
Indrakumar Jairam Aherno shares
Kashiram Sakharam Joshino shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

Money raised in May 2024 by selling shares to the public

As of Mar 2025, the company says it has spent 100% of what it set aside.

Working Capital
100%
of what was set aside
General Corporate Expenses
100%
of what was set aside
Repayment in full or in part of certain of our outstanding Borrowing
100%
of what was set aside

The amount this filing states as raised is many times the whole company’s market value, so it is almost certainly entered in the wrong unit. We show the purposes and how far along each one is, and leave the rupee figures out rather than repeat a number that cannot be right.

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.