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Rulka Electricals wins two new orders totaling Rs 10.53 crore in Bangalore and Pune

Rulka Electricals Limited has secured new work orders totaling Rs 10.53 crore from an MNC realty client. The projects, located in Bangalore and Pune, include electrical infrastructure, fire detection, lighting protection systems, and CCTV installations, strengthening the company’s expanding order book.

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Awarded by an MNC realty client, the mandate includes electrical, fire detection, lighting protection systems, and CCTV works.

Mumbai, January 13, 2025: Rulka Electricals Limited, a leading provider of integrated electrical and firefighting services, has announced winning new work orders totaling Rs 10.53 crore from an MNC realty client. The work orders comprise the execution of Electrical Infra Electrical Works, including HT, LT, Ancillary, Fire Detection, Lighting Protection Systems, and CCTV Works across two project locations in Bangalore and Pune. The new work orders are expected to translate into revenues in the next three quarters. The company's total order book currently stands at Rs 65 crore.

Commenting on the new order wins, Mr Nitin Aher, Wholetime Director, Rulka Electricals Limited, said: "We are elated to continue our momentum in winning new clients and building a robust order book. At the same time, we are focused on ensuring timely completion of the projects – riding on a highly trained team backed by demonstrated execution expertise. After our IPO, our order pipeline has remained promising, and the recent order wins in Bangalore and Pune further cement our confidence to emerge as a pan-India player in this nice segment in the future."

The company's Bangalore mandate is worth Rs. 6.34 crore and will comprise Electrical, Fire Detection, Lighting Protection Systems, and CCTV Works for blocks B & C and Infra Works for the common area in a 60-acre (Phase-1) project. The Pune mandate is worth Rs. 4.19 crore for a project spread over 56 acres(Phase-1) – comprising the need for Infra Electrical Works, including HT, LT, Ancillary, and Lighting Protection Systems for Common Infrastructure.

The company also announced multiple order wins in November 2024, onboarding a marquee clientele in India.

Headquartered in Mumbai, Rulka Electricals Limited provides a wide range of electrical services across India, including electrical panel installations, firefighting systems, solar EPC contracts, and turnkey electrical warehousing projects. The Company also specialises in maintenance services and data & voice cabling and is known for its electrical and firefighting contracting services on projects of various scales. REL serves a diverse clientele in the industrial, commercial, retail, warehousing, and entertainment sectors. For the half-year period ending 30th September 2024, Rulka Electricals reported a profit of Rs 93.76 lakh, with Revenue from Operations amounting to Rs 29.69 crore. The company went public in May 2024 and is listed on the NSE Emerge platform. 

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