Mumbai, 06 March 2025: Rulka Electricals Limited (REL or “The Company”) (NSE – SME: RULKA), a leading provider of integrated electrical and fire-fighting services, continued its order-winning momentum – with receipt of new orders totaling Rs. 11.78 crore. Two major realty sector clients of the company—an MNC and an Indian player—were awarded these orders. With the new orders, Rulka Electricals’ current order book now stands at Rs 80 crore, which is expected to be translated into revenues within the next three quarters.
The new orders include electrical, firefighting requirements, solar EPC contracts and turnkey electrical warehousing projects for nine projects across four states. The Maharashtra project is valued at Rs. 8.09 crore and will consist of electrical and firefighting requirements. Projects in Karnataka, Telangana, and Gujarat are valued at Rs. 3.61 crore, Rs. 2.91 lakh, and Rs. 5.65 lakh, respectively, and feature electrical work requirements. The new orders encompass both greenfield and fit-out assignments and are anticipated to be executed within 4 to 24 months.
Commenting on the new order wins, Mr. Nitin Aher, Wholetime Director of Rulka Electricals Limited, said: “With the Indian realty sector gaining momentum, the demand for electrification and firefighting mandates has witnessed a revival in the past six months. As a preferred partner to our clients, most of our orders are awarded by existing clients – a testament to our efficiency, quality, and design capabilities. As the economy gains momentum, the realty sector, particularly in the developing areas of Tier I and Tier II towns, will pave the way for larger orders. Having built a robust foundation, we await an opportune moment to capitalize on our offerings – aiming to enrich stakeholder value in the future.”
Earlier this month, the company announced new orders worth Rs. 7.72 crore comprising the execution of Electrical Works, including Fire Detection Works, across 18 project locations in Maharashtra, Goa, Karnataka, Telangana, Andra Pradesh, Gujrat, Tamil Nadu & Rajasthan from an MNC realty client.