Sparc Electrex

Sparc Electrex Limited, previously known as Sparc Systems Limited, is primarily engaged in the business of manufacturing and trading power tools, electricals, and various metal products. The company's management is very optimistic about its future performance and is taking steps to improve through revenue growth, cost management, and strategic marketing initiatives. A key element of its strategy is an exclusive trademark license agreement with Hyundai Corporation Holdings, Korea to operate under the globally recognized "HYUNDAI" brand in India. The company operates in two main segments: the manufacturing of electrical tools and services, as well as trading activities for various products. This strategic agreement will enable the company to aggressively compete with other international power tool brands that currently dominate the Indian market. Reflecting its growth, the company's revenue from operations increased by nearly 52.43% to ₹738.97 lakhs in the last financial year.;