Rulka Electricals Ltd · NSE:RULKA
Rulka Electricals — Investor Presentation (June 2026)
21 slides from Rulka Electricals's investor presentation, Jun 8, 2026
Slide 1: Regulation 30 intimation letter to NSE
\ RULKA ELECTRICALS LIMITED (Formerly known as Rulka Electricals Pvt Ltd) (MEP Project Contractor all over India) (SO - 9001 : 2015 Certified) CIN U31103MH2013PT(C243817 A-20, Shiva Industrial Estate, Lake Road, Bhandup (West) Mumbai - 400 078. Phone No. 022 — 4974 2572 / 4974 2573 Email: info@relse
Slide 2: Rulka Electricals Limited - Investor Presentation June 2026
Rulka Electricals Limited Electrifying India's Infrastructure Electrical ¢ Firefighting ¢ Solar EPC ¢ EHV INVESTOR PRESENTATION:JUNE 2026 RULKA ELECTRICALS LIMITED | Investor Presentation — June 2026
Slide 3: Safe Harbor
SAFE HARBOR « This presentation and the accompanying slides (the “Presentation”), which have been prepared by Rulka Electricals Limited (the “Company”), are provided solely for informational purposes. « The Presentation does not constitute or form part of any offer, recommendation, or invitation to
Slide 4: Table of Contents
TABLE OF CONTENTS Company Overview Revenue Bifurcation Business model, milestones & presence Segment-wise revenue breakdown India MEP & Electrical EPC — Sector Insights Financial Summary Market opportunity & structural tailwinds P&L, balance sheet & metrics Service Portfolio & Capabilities SWOT Anal
Slide 5: Message from the CMD
MESSAGE FROM THE CMD ! (44 "FY26 was a year of significant operational and financial strengthening for the Company. Revenue from Operations increased by 38.2% year-on-year to 110.20 Cr from X79.73 Cr in FY25, driven by higher order execution across our electrical, fire-fighting and MEP business segm
Slide 6: About the Company
ABOUT THE COMPANY Rulka Electricals Limited (REL) is a Mumbai-based, NSE 17+ Emerge-listed MEP (Mechanical, Electrical & Plumbing) Years of States project contractor with 12+ years of pan-India execution Operations Covered experience. 83+ Founded in 2003 as a proprietorship and incorporated as a pri
Slide 7: India MEP & Electrical EPC - Sector Insights
INDIA MEP & ELECTRICAL EPC - SECTOR INSIGHTS : USD 40+ Bn 14-16% CAGR USD 1.4Tn 500 GW India MEP Market Size (2024) Sector Growth Forecast NIP — National Infrastructure India Renewable Energy Target Pipeline (2030) = || arehousing& e EHV & Power Lagistics Boom Distribution India's warehousing sector
Slide 8: Service Portfolio & Capabilities
SERVICE PORTFOLIO & CAPABILITIES Electrical Contracting Firefighting Systems Solar EPC Contracts » LT/HT Cabling & Infrastructure » Fire Alarm & Suppression Systems » Turnkey Solar Project Execution » Electrical Turnkey Projects (Comm. & Ind.) » Sprinkler Systems & Fire Hydrants » Design, Supply, In
Slide 9: Geographic Reach & Marquee Clientele
GEOGRAPHIC REACH & MARQUEE CLIENTELE Pan-India Operations Marquee Clientele Active across 17+ States: Warehousing/ Logistics Horizon Industrial Parks Welspun One Logistics Lodha Industrial & Logistics IndoSpace (GLP) DB Schenker Ascendas Mahindra Logistics Antonov Industrial Parks Retail / Commercia
Slide 10: Key Operational Highlights - FY26
KEY OPERATIONAL HIGHLIGHTS — FY26 Revenue Surge — 39.24% YoY Execution Excellence v X79Cr revenue in FY25 vs X110 Cr in FY26 v 36 project sites successfully completed in H1 FY26 v Growth driven by higher execution volumes and timely project v 8 DMart outlets + 8 industrial warehouses delivered compl
Slide 11: Statement of Profit & Loss (Half Yearly)
STATEMENT OF PROFIT & LOSS (HALF YEARLY) (All figures in INR Lakhs] PARTICULARS H2 FY26 H1 FY26 H2 FY25 Income from Operations Revenue from Operations 5,505.24 5,515.02 5,380.11 Other Income 243 3.09 4.74 Total Income from Operations 5,507.67 5,518.11 5,384.85 Expenses Cost of materials consumed 4,7
Slide 12: Statement of Profit & Loss
STATEMENT OF PROFIT & LOSS (All figures in INR Lakhs] PARTICULARS FY26 FY25 YOY % Income from Operations Revenue from Operations 11,020.26 7,972.54 +38.2% Other Income 5.52 7.08 -22.0% Total Income from Operations 11,025.78 7,979.63 +38.2% Expenses Cost of materials consumed 9,421.36 6,723.85 +40.1%
Slide 13: Balance Sheet
BALANCE SHEET (All figures in INR Lakhs] EQUITY & LIABILITIES FY26 FY25 ASSETS FY26 FY25 Shareholders' Funds Non-Current Assets Equity share capital 425.84 425.84 Tangible assets 374.42 353.36 Reserves and surplus 3,316.24 2,987.38 Intangible assets 151 1.90 Sub-total 3,742.08 3,413.22 Capital work-
Slide 14: Cash Flow Statement
CASH FLOW STATEMENT (All figures in INR Lakhs] PARTICULARS Profit before tax 427.73 324.41 Net Cash from / (used in) Operating Activities (A) 611.76 (1,503.94) Net Cash from / (used in) Investing Activities (B) (81.42) (105.65) Net Cash from / (used in) Financing Activities (C) (498.18) 1,543.65 Net
Slide 15: Improving Financial Ratios
IMPROVING FINANCIAL RATIOS @® Debt to Equity Ratio (x) Interest Coverage Ratio (x) Asset Turnover (x) ROA (%) ROE (%) ROCE (%) RULKA ELECTRICALS LIMITED | Investor Presentation — June 2026 14
Slide 16: Order Share Profile and Typical Tenure
_ Order Share Profile Typical Tenure ~60% Warehousing, retail & commercial 3-8 months ~30% High-rise, industrial, retail compliance 3 months—3 years ~10% Mahatransco EHV + solar EPC projects 1-2 years RULKA ELECTRICALS LIMITED | Investor Presentation — June 2026 15
Slide 17: SWOT Analysis
SWOT ANALYSIS STRENGTHS WEAKNESSES s ( ) » Margin compression in FY25 due to civil project losses in North India » 12+ years of proven MEP execution experience across all major sectors » Limited scale compared to large EPC players » One-stop solution: Design = Engineering = Supply = Install - Mainta
Slide 18: Growth Strategy & Upcoming Catalysts
GROWTH STRATEGY & UPCOMING CATALYSTS 01 Core Business Deepening 02 EHV & Power Distribution 03 Solar EPC Scale-Up ® Scale electrical & firefighting contracting — highest repeat- e Convert solar team capability into large-scale turnkey e Execute first Mahatransco EHV order (X5 Cr) in FY26 business en
Slide 19: Management Team
MANAGEMENT TEAM Mr. Rupesh Laxman Kasavkar Mr. Nitin Indrakumar Aher Mr. Pravin Suresh Chaudhari , , , Whole-Time Director & Foundin, , , , Chairman & Managing Director 9 Senior Vice President Promoter » Founding promoter with 20+ years in electrical » Co-founder with deep expertise in electrical sy
Slide 20: Investment Rationale
INVESTMENT RATIONALE Unique Market Position High-Margin Expansion Governance & Scalability One of the few listed pure-play Entry into EHV, Solar EPC & airports — ISO-certified organization with MEP contractors in India serving all higher-margin verticals — will multi-city offices and a team of blue-
Slide 21: Contact Us
CONTACT US * Rulka Electricals Limited Jvaad X — % SAMVAAD PARTNERS A-20, Shiva Industrial Estate, Lake Road, Bhandup “Making Conversations Matter” (W) 400078, Maharashtra, India. Samvaad Partners . +91 91375 04519 www.samvaad-partners.com +91 99980 37969 rulka@samvaad-partners.com ‘ www.relservices
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