Shivalic Power ControlNSE:SPCL -2.69%53 Net Current Asset Value is ₹42.23 as of Mar. 2026, which is 100% below its 10-year median of 2.18. GuruFocus rates NSE:SPCL with a GF Score™ of 53/100. The stock has 5 warning signs investors should review. Among 2,216 Industrial Products companies, Shivalic Power Control ranks better than 85.74% on this metric.
In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).
Shivalic Power Control's net current asset value per share for the quarter that ended in Mar. 2026 was ₹42.23.
The historical rank and industry rank for Shivalic Power Control's Net Current Asset Value or its related term are showing as below:
NSE:SPCL'
s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.42 Med: 2.18 Max: 2.93
Current: 1.63
During the past 6 years, the highest Price-to-Net-Current-Asset-Value Ratio of Shivalic Power Control was 2.93. The lowest was 1.42. And the median was 2.18.
NSE:SPCL's Price-to-Net-Current-Asset-Value is ranked better than 85.74% of 2216
companies
in the Industrial Products industry
Industry Median: 5.47
vs NSE:SPCL: 1.63
Shivalic Power Control (NSE:SPCL) Net Current Asset Value Explanation
Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."
The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]
Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.
One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Grahams strategy produced similar results.
Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.
Shivalic Power Control Net Current Asset Value Related Terms
Shivalic Power Control Net Current Asset Value Historical Data
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The historical data trend for Shivalic Power Control's Net Current Asset Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Shivalic Power Control Net Current Asset Value Chart
NSE:SPCL vs VRT, BE: Net Current Asset Value Comparison
For the Electrical Equipment & Parts subindustry, Shivalic Power Control's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shivalic Power Control Price-to-Net-Current-Asset-Value vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shivalic Power Control's Price-to-Net-Current-Asset-Value distribution charts can be found below:
* The bar in red indicates where Shivalic Power Control's Price-to-Net-Current-Asset-Value falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Net Current Asset Value of ₹42.23 mean?
Shivalic Power Control (NSE:SPCL) has a Net Current Asset Value of ₹42.23 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Shivalic Power Control and its competitors. This is 1837% above median its historical median of 2.18. Over the past decade, Shivalic Power Control's Net Current Asset Value has ranged from 1.42 to 2.93. According to the industry distribution chart, Shivalic Power Control ranks #316 out of 2216 companies in the Industrial Products industry, placing it in the top 14.3%.
Is Shivalic Power Control's Net Current Asset Value too high?
Shivalic Power Control's current Net Current Asset Value of ₹42.23 is 1837% above median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 1.42 to a high of 2.93. Based on the distribution chart, Shivalic Power Control ranks #316 out of 2216 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Shivalic Power Control has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Shivalic Power Control's Net Current Asset Value compare to VRT and BE?
According to the Industrial Products industry distribution chart, Shivalic Power Control ranks #316 out of 2216 companies for Net Current Asset Value. This places Shivalic Power Control in the top 14% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 5.47. Historically, Shivalic Power Control's own Net Current Asset Value has ranged from 1.42 to 2.93 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for an Industrial Products company?
The median Net Current Asset Value among Industrial Products companies is 5.47, based on 2,216 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Shivalic Power Control and its competitors. For the Industrial Products industry, the median Net Current Asset Value is 5.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shivalic Power Control's current Net Current Asset Value is ₹42.23, which is 1837% above median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shivalic Power Control stock overvalued right now?
Shivalic Power Control (NSE:SPCL) has a current Net Current Asset Value of ₹42.23. The current Net Current Asset Value is ₹42.23, which is 1837% above median its 10-year median of 2.18. Shivalic Power Control's overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Shivalic Power Control (NSE:SPCL), the current Net Current Asset Value is ₹42.23 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Shivalic Power Control Ltd is an ISO-certified LT and HT electric panel manufacturer. It is a technology-driven company with focus on quality, design and product development, which has allowed the company to develop products suited to its customers' requirements. The company has a diversified range of electric panels such as PCC Panels, IMCC Panels, Smart Panels, MCC Panels, DG synchronisation panels, Outdoor panels, HT Panels up to 33KV, VFD , Power Distribution Boards, Bus Duct and LT & HT APFC Panels.
53GF Score
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