Evans Electric

BSE: EVANS · Diversified Commercial Services

52W Range₹60 ₹175

Limited coverage

We are not actively covering this company or have limited coverage today. Click to request coverage.

Snapshot

Unlock Evans Electric's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Evans Electric Limited is a specialized engineering firm providing repair, refurbishment, and maintenance services for heavy electrical equipment. The company focuses on high-voltage infrastructure, serving power generation, transmission, and industrial manufacturing sectors.

Business Model

The company generates revenue by providing technical maintenance and refurbishment solutions for aging electrical infrastructure, including transformers, generators, and motors. It operates through a dedicated workshop facility and testing laboratories to ensure compliance with international quality standards.

Growth Outlook

Growth is driven by the increasing demand for maintenance services within aging power generation and industrial infrastructure across the Indian subcontinent. The company leverages its niche technical expertise to secure contracts with both state-owned utilities and private multinational corporations.

Key Risks

  • Operational Concentration. The company's reliance on a single workshop facility creates vulnerability to operational disruptions or equipment failure.
  • Sector Cyclicality. Demand is heavily dependent on capital expenditure cycles within the power and industrial manufacturing sectors.
  • Technological Obsolescence. Failure to keep pace with evolving high-voltage equipment standards could erode the company's competitive advantage.
  • Regulatory and Safety Compliance. Strict adherence to international quality and safety standards is mandatory, and any failure could result in significant reputational and financial damage.

Start your research today

Unlock AI insights, financials, peers and live data on Evans Electric and 5,000+ companies — free.

Start your research

Peers · Diversified Commercial Services

CompanyMkt CapP/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Evans ElectricEVANS
₹42 Cr-1.0%-52.5%
Radiant Cash Management Services LimitedRADIANTCMS
₹419 Cr13.367.121.8%12.5%10.0%14.0%-34.1%
Kalind LtdKALIND
₹382 Cr0.188.3129444.4%59.0%55.4%72.3%-91.9%
Majestic AutoMAJESAUT
₹377 Cr3.854.85-45.0%167.0%15.7%18.6%+4.9%
Dev Accelerator LimitedDEVX
₹340 Cr28.743.7255.5%5.5%12.8%
Mizzen VenturesMIZVEN
₹94 Cr89.1348.9576.2%2.2%3.7%-83.7%

As of Mar 2026

Financials