1:1 bonus share; Rs 3,609.80 crore order book & Re 1/share dividend: Civil construction company announces stellar results; Reports a 30.4 per cent jump in PAT
The stock gave multibagger returns of 100 per cent in just 1 year and a whopping 1,050 per cent in 5 years.
On Wednesday, shares of GPT Infraprojects Ltd plunged 1 per cent to Rs 124.50 per share from its previous closing of Rs 125.80 per share with an intraday high of Rs 137.40 and an intraday low of Rs 120. The stock’s 52-week high is Rs 207 and its 52-week low of Rs 64.55. The shares of the company saw a spurt in volume by more than 2.50 times on BSE.
Established in 1980, GPT Infraprojects Limited, the leading infrastructure arm of Kolkata-based GPT Group, is a prominent player in both railway-focused civil and infrastructure projects (including bridges and ROBs) and concrete sleeper manufacturing for railways in India and Africa (with units in South Africa, Namibia and Ghana). GPT stands out for its strong project execution capabilities, financial stability and promising growth across its operations.
According to Quarterly Results, the net sales increased by 24 per cent to Rs 287.50 crore and net profit increased by 30.4 per cent to Rs 17.6 crore in Q2FY25 over Q2FY24 while in its half-yearly results, the net sales increased by 12.2 per cent to Rs 533.4 crore and net profit increased by 28.4 per cent to Rs 34.4 crore in H1FY25 over H1FY24. annual results, the net sales increased by 25.9 per cent to Rs 1,018.28 crore and net profit increased by 98.1 per cent to Rs 56.52 crore in FY24 over FY23.
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The outstanding order book for the company now stands at approximately Rs 3,609.80 crore with a total order inflow for Fiscal 2025 of Rs 1,040.40 crore. The company completed its 3rd bonus issue in in 1:1 ratio in the last 7 years (2017, 2022, 2024). Furthermore, the company announced interim dividend at Re 1 per share.
The company has a market cap of over Rs 1,500 crore. The stock gave multibagger returns of 100 per cent in just 1 year and a whopping 1,050 per cent in 5 years. Investors should keep an eye on this small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.