Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Shivalic Power Control Ltd. (SPCL)
SME CapPower stocks · SME cap · NSE
Shivalic Power Control Ltd. operates in the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:56 pm ISTDetails
Quote19 Oct, 05:56 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result01 Jun, 07:57 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Power P/E 16.8 (n=92)
Technical timing lens
Trend score and candlestick chart
52NeutralSMA20 +3.7% / mo · MACD + · near 52W low
Stock trend: 52
Sector RS: —
Power FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
SPCLD candles · FIT view-23.4%Latest close ₹63.15 on 2026-10-19
Bar
-6.9%
RSI
46
MACD hist
0.31
52W pos
8%
2026-10-19O ₹67.85H ₹69.00L ₹62.30C ₹63.15Vol 30,600 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
SPCLNifty PowerNifty 500
- SPCL
- -6.1%
- Nifty 500
- -5.6%
- Nifty Power
- -13.0%
- Vs Nifty 500
- -0.5 pp
Chart stats
19 Oct 2026- From 52W high
- -48.8%
- 52W range position
- 8%
- ATR (14)
- 6.0%
- Volume vs 20D
- 1.30x
- Avg traded value
- ₹0.2 Cr
- 20D price channel
- ₹58 - ₹75
₹123.4
₹58 - ₹123.4
₹3.8
Latest completed session
20-session average
53.3% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · WATCHLIST45
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Pending data—
Revenue NDF · PAT NDF YoY
Technical
Neutral52
Price trend and sector-relative-strength timing.
Valuation
Legacy model+44.3%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence66
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Pending dataYoY comparison unavailable - result verdict pending data
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹101 Cr | NDF | +27.9% |
| EBITDA | ₹11 Cr | NDF | +37.5% |
| Operating margin | 11.0% | NDF | -300 bps |
| PAT | ₹8 Cr | NDF | +33.3% |
| PAT margin | 7.9% | NDF | -134 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 11.40
- P/B
- 1.20
- EV/EBITDA
- 8.90
- Market Cap
- 149.00Cr
Profitability
- ROE
- 11.00%
- ROCE
- 12.80%
- ROA
- 6.84%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 17.42%
- EPS 5Y
- 8.33%
- Revenue 3Y
- 17.42%
- EPS 3Y
- 8.33%
Balance Sheet
- Debt/Equity
- 0.30
- Interest Coverage
- 9.50×
- Altman Z
- 3.50
- Book Value
- 51.70
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 0/5
- OCF
- -23.00 Cr
- EPS TTM
- 5.44
Shareholding
- Promoter Hold
- 71.34%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 4%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 155+17.4% vs prev
Net Profit
₹ CrLatest: 13.0+8.3% vs prev
Return on Equity
%Latest: 10.4-2.1% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 46. Wait for confirmation.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 rising (~3.6% over last month) — short-term momentum positive.
- RSI(14) at 46 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 49% off 52W high · 9% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
17
RS percentile
Stage 4 Downtrend
1M return
-3.7%
3M return
-6.1%
6M return
-26.5%
1Y return
-38.6%
RS 1D
-4
RS 20D
-2
Sector rank
#11
Industry rank
-
Stage evidence
- Price is 9.9% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -2.3%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
unranked
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 65.7-5.95%
RS vs Nifty 50066
Valuation & peers
U-Score 45 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 45 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · WATCHLISTValuation23/30
Growth12/25
Quality2/20
Balance Sheet12/15
Cash Flow0/10
Piotroski
6/9 (+3)
Penalties
-7
Raw sum
45
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
45/100 · legacy band WATCHLIST
Positive drivers
- Fair-value margin of safety is positive at 44.3%.
- Balance sheet contributes 12/15 to the score.
- Valuation contributes 23/30 to the score.
Main drags
- Penalty bucket subtracts 7 points.
- Cash flow is weaker at 0/10; verify the latest quarterly trend.
- Quality is weaker at 2/20; verify the latest quarterly trend.
Sector valuation model
Execution business valuation: EV/EBITDA plus order and working-capital risk
Capital-intensive execution stories need cash-flow and balance-sheet checks alongside valuation.
Primary lens
EV/EBITDA and PE against execution quality and margin stability.
Secondary checks
Order book, receivables, working capital, debt, operating cash flow.
Main risk check
Order wins matter only if they convert into cash and margins.
PE
11.4
PB
1.2
EV/EBITDA
8.9
ROE
11.0%
ROCE
12.8%
FCF Yield
—
Debt/Equity
0.3
MoS
+44.3%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
45
Previous: 45
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+44.3%
Previous: +44.3%
Score history
12 stored score snapshots. Latest stored move: +2 points.
20 Oct 2026
v4.3-runtime-valuation
45
43
43
43
43
41
41
41
43
43
43
45
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹79.55
+20.6% MoS
Growth-justified P/E
20.9
Growth-justified Value
₹113.48
+44.3% MoS
PEG
1.37
Comparable companies
Peers
Business-comparable peers in Power — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
EMMIL
SME
Energy Mission Machineries (India) Ltd.
Industrial Machinery
match 92
53
11.4
13.1%
+58%
FAIR VALUE
POSITRON
SME
Positron Energy Ltd.
Oil & Gas
match 91
65
18.6
85.5%
+46%
UNDERVALUED
ARABIAN
SME
Arabian Petroleum Ltd.
Oil & Gas
match 91
53
10.1
17.6%
+61%
FAIR VALUE
SMARTEN
SME
Smarten Power Systems Ltd.
Power
match 90
56
12.0
14.4%
+54%
FAIR VALUE
KCEIL
SME
Kay Cee Energy & Infra Ltd.
Electrical Equipment
match 89
65
5.0
22.8%
+84%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Shivalic Power Control Ltd. operates in the Power sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
66Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 49th percentile of the scored universe and 56th percentile within Power. Main check: cash conversion is weak at 43/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
2 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
49th percentile
overall median 67 · Power: 56th pctile, median 65 · SME: 60th pctile, median 64
Evidence depth
Financial-only
2 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
43
weak · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
55
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 71.3%.
- ▸Promoter pledge is zero.
Trust risks
- ▸Only 0 years of positive FCF.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Shivalic Power Control Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
Investor presentationDec 2024
Dec 2024 · PPT
Source: Nse
Investor presentationDec 2024
Dec 2024 · PPT
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.