---
title: "Rulka Electricals Ltd (RULKA) — Share Price, Financials & Analysis"
symbol: "RULKA"
company: "Rulka Electricals Ltd"
canonical: "https://tapetide.com/stocks/RULKA"
isin: "INE0R7301013"
nse_symbol: "RULKA"
sector: "Commercial Services"
industry: "Diversified Services"
market_cap_cr: 46.84
generated_at: "2026-09-13T19:02:44.115Z"
---

# Rulka Electricals Ltd (RULKA)

Canonical page: https://tapetide.com/stocks/RULKA

## Company

- **NSE Symbol:** RULKA
- **ISIN:** INE0R7301013
- **Sector:** Commercial Services
- **Industry:** Diversified Services
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2024-05-24
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** replservices.com

## About

Incorporated in 2013, Rulka Electricals Ltd provides Electrical and firefighting solutions.[1]

## Latest Price

- **Price:** ₹107
- **Change:** +1.1 (+1.04%)
- **Open:** ₹115
- **Day High:** ₹115
- **Day Low:** ₹107
- **Previous Close:** ₹105.9
- **Volume:** 1500
- **As Of:** 2026-09-11T06:05:01+00:00

## Key Fundamentals

Observed at 2026-09-11T04:39:09.249183Z.

- **Market Cap:** ₹46.84 Cr
- **Classification:** SME
- **P/E (reported):** 13.7
- **Book Value:** ₹87.87
- **Price to Book:** 1.21
- **Dividend Yield:** 0%
- **ROE:** 6.61%
- **ROCE:** 11.79%
- **Debt to Equity:** 0.14
- **Revenue (yearly):** ₹110.2 Cr
- **Net Income:** ₹3.21 Cr
- **EBITDA:** ₹5.57 Cr
- **52-Week High:** ₹139.75
- **52-Week Low:** ₹72.95
- **RSI (14):** 46.55

## Tapetide Score

- **Score:** 70 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Rising
- **Percentile:** 99.6 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 56.67 | 9% |
| growth | 88.32 | 9% |
| momentum | 79.18 | 12% |
| ownership | 49.95 | 24% |
| quality | 93.94 | 22% |
| valuation | 62.76 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -9.17%

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -155.75% | -534.47% | — |
| ebitda margin growth | -8.01% | -60.85% | -21.46% |
| net income growth | 39.57% | 6% | 44% |
| revenue growth | 38.62% | 33% | 41% |
| roce | -78.84% | -79.59% | 43.25% |
| roe | -85.61% | 32.69% | -79.73% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 36 | 35 | 30 | 54 | 54 | 55 |
| Expenses | 32 | 30 | 28 | 51 | 52 | 52 |
| Operating Profit | 4 | 5 | 2 | 3 | 3 | 3 |
| OPM % | 11 | 14 | 5 | 4.8 | 5 | 5 |
| Other Income | 0 | 1 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 1 | 1 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 3 | 5 | 1 | 2 | 2 | 2 |
| Tax % | 31 | 24 | 29 | 32 | 26 | 21 |
| Net Profit | 2 | 4 | 1 | 1 | 2 | 2 |
| EPS in Rs | 7 | 10.89 | 2.21 | 3.1 | 3.57 | 4.16 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 20 | 36 | 47 | 71 | 79 | 110 |
| Expenses | 18 | 34 | 43 | 62 | 75 | 105 |
| Operating Profit | 1 | 2 | 4 | 9 | 4 | 6 |
| OPM % | 6 | 7 | 9 | 13 | 5 | 5 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 4 | 8 | 3 | 4 |
| Tax % | 26 | 41 | 28 | 27 | 30 | 23 |
| Net Profit | 1 | 1 | 3 | 6 | 2 | 3 |
| EPS in Rs | 49.09 | 101.82 | 253.64 | 17.89 | 5.31 | 7.73 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.11 | 0.11 | 0.11 | 3 | 4 | 4 |
| Reserves | 2 | 3 | 6 | 10 | 30 | 33 |
| Borrowings | 2 | 3 | 5 | 11 | 9 | 5 |
| Other Liabilities | 6 | 14 | 17 | 17 | 17 | 30 |
| Total Liabilities | 10 | 19 | 29 | 41 | 60 | 73 |
| Fixed Assets | 2 | 3 | 3 | 3 | 4 | 4 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 8 | 16 | 26 | 39 | 56 | 69 |
| Total Assets | 10 | 19 | 29 | 41 | 60 | 73 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 1 | -2 | -6 | -15 | 6 |
| Cash from Investing Activity | 0 | -1 | 0 | 0 | -1 | -1 |
| Cash from Financing Activity | 0 | 0 | 2 | 7 | 15 | -5 |
| Net Cash Flow | 0 | 0 | 0 | 1 | -1 | 0 |
| Free Cash Flow | 0 | 0 | -3 | -6 | -16 | 6 |
| CFO/OP | 34 | 53 | -31 | -53 | -283 | 143 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 87 | 78 | 101 | 129 | 162 | 119 |
| Inventory Days | 49 | 74 | 113 | 49 | 69 | 79 |
| Days Payable | 106 | 127 | 161 | 106 | 76 | 98 |
| Cash Conversion Cycle | 30 | 24 | 53 | 72 | 155 | 100 |
| Working Capital Days | 12 | 4 | 31 | 50 | 122 | 92 |
| ROCE % | — | 48 | 50 | 51 | 12 | 12 |

## Shareholding Pattern

### Quarterly

| Category | Dec 2023 | Sep 2024 | Mar 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 86.29% | 69.22% | 69.22% | 69.22% | 69.22% | 69.22% | 69.22% |
| FIIs | 0% | 2.35% | 0% | 0% | 0.23% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 4.52% | 24.75% | 27.18% | 27.19% | 27.8% | 28.2% | 28.04% |
| Others | 9.19% | 3.69% | 3.61% | 3.59% | 2.76% | 2.59% | 2.75% |
| No. of Shareholders | 36 | 1102 | 1533 | 1602 | 1569 | 1507 | 1530 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Neutral
- **Buy / Neutral / Sell:** 6 / 7 / 6

### Moving Averages — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 108.28 | Sell |
| EMA (10) | 107.9 | Sell |
| SMA (20) | 107.82 | Sell |
| EMA (20) | 107.92 | Sell |
| SMA (50) | 106.68 | Buy |
| EMA (50) | 105.91 | Buy |
| SMA (100) | 102.69 | Buy |
| EMA (100) | 103.9 | Buy |
| SMA (200) | 101.61 | Buy |
| EMA (200) | 108.37 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 48.97 | Neutral |
| MACD (12,26,9) | 0.27 | Sell |
| Stochastic (14,3,3) | 42 | Neutral |
| ADX (14) | 10.08 | Neutral |
| Williams %R (14) | -72.73 | Neutral |
| ATR (14) | 5.08 | High Volatility |
| ROC (12) | 0.75 | Buy |
| Stoch RSI (14) | 23.27 | Neutral |
| UO (7,14,28) | 39.31 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 June 2026 - Transcript link released for June 8, 2026 investor call on H2 and FY26 audited results. | [Analysts/Institutional Investor Meet/Con. Call Updates 9 June 2026 - Transcript link released for June 8, 2026 investor call on H2 and FY26 audited results.](https://nsearchives.nseindia.com/corporate/RULKA_09062026203045_REL_Transcript.pdf) |
| 9 June 2026 - Audio recording link shared for June 8, 2026 analyst call on audited H2 and FY26 results. | [Analysts/Institutional Investor Meet/Con. Call Updates 9 June 2026 - Audio recording link shared for June 8, 2026 analyst call on audited H2 and FY26 results.](https://nsearchives.nseindia.com/corporate/RULKA_09062026203257_REL_Audio_Link.pdf) |
| 8 May 2026 - Shareholders approved Doshi Doshi & Co. as statutory auditors to fill casual vacancy till AGM 2026. | [Shareholders meeting 8 May 2026 - Shareholders approved Doshi Doshi & Co. as statutory auditors to fill casual vacancy till AGM 2026.](https://nsearchives.nseindia.com/corporate/RULKA_08052026193906_LT-21_EVOTING_Rulka.pdf) |
| 8 May 2026 - Board approved audited FY26 results, capital hike, and preferential issue of 77.4 lakh warrants plus 6.5 lakh shares. | [Outcome of Board Meeting 8 May 2026 - Board approved audited FY26 results, capital hike, and preferential issue of 77.4 lakh warrants plus 6.5 lakh shares.](https://nsearchives.nseindia.com/corporate/RULKA_08052026173053_Rulka_Audited_Financials_March2026_.pdf) |
| 8 May 2026 - Board approved audited FY26 results, 77.40 lakh warrants, 6.50 lakh shares, capital hike, and EGM on June 6. | [Outcome of Board Meeting 8 May 2026 - Board approved audited FY26 results, 77.40 lakh warrants, 6.50 lakh shares, capital hike, and EGM on June 6.](https://nsearchives.nseindia.com/corporate/RULKA_08052026172654_Rulka_Audited_Financials_March2026_.pdf) |
| 8 June 2026 - Rulka clarified EGM undertakings and Abundantia Capital VCC beneficial ownership after voting concluded. | [General Updates 8 June 2026 - Rulka clarified EGM undertakings and Abundantia Capital VCC beneficial ownership after voting concluded.](https://nsearchives.nseindia.com/corporate/RULKA_08062026153319_Disclosure_under_regulation_30_signed.pdf) |
| 8 June 2026 - June 2026 investor presentation highlights FY26 revenue of ₹110.20 crore, PAT of ₹3.29 crore, and debt reduction. | [Analysts/Institutional Investor Meet/Con. Call Updates 8 June 2026 - June 2026 investor presentation highlights FY26 revenue of ₹110.20 crore, PAT of ₹3.29 crore, and debt reduction.](https://nsearchives.nseindia.com/corporate/RULKA_08062026164135_LT-26_Initimation_NSE_Investors_Presentation_June_2026_RULKA.pdf) |
| 8 July 2026 - Board allotted 20.55 lakh warrants and 4.67 lakh equity shares at Rs109.50 on July 8, 2026. | [Outcome of Board Meeting 8 July 2026 - Board allotted 20.55 lakh warrants and 4.67 lakh equity shares at Rs109.50 on July 8, 2026.](https://nsearchives.nseindia.com/corporate/RULKA_08072026213734_Board_meeting_outcome_signed.pdf) |
| 8 April 2026 - Promoters/PACs filed FY26 Regulation 31(4) disclosures confirming nil share encumbrances as of March 31, 2026. | [General Updates 8 April 2026 - Promoters/PACs filed FY26 Regulation 31(4) disclosures confirming nil share encumbrances as of March 31, 2026.](https://nsearchives.nseindia.com/corporate/RULKA_08042026195903_Rulka_SAST_Disclosures_REL_Group_.pdf) |
| 8 April 2026 - Company dispatched postal ballot notice electronically; e-voting runs 09 Apr-08 May 2026. | [Copy of Newspaper Publication 8 April 2026 - Company dispatched postal ballot notice electronically; e-voting runs 09 Apr-08 May 2026.](https://nsearchives.nseindia.com/corporate/RULKA_08042026195449_LT-13_Forwarding_Rulka_Postal_Ballot_Notice_to_NSE_Newspaper.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| May 2025 | [Concall - May 2025](https://nsearchives.nseindia.com/corporate/RULKA_24052025164006_LT-16_Investors_Presentation_Result_May_2025.pdf) |
| Dec 2025 | [Concall - Dec 2025](https://nsearchives.nseindia.com/corporate/RULKA_18122025150444_LT-38_Investors_Meet_Dec_2025_Transcript.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28932_RULKA_2024_2025_A_9087559_08092025182427.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26316_RULKA_2023_2024_08102024155756.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:02:44.115Z.