250 Per cent Multibagger Return in Just 1 Year: Mukul Agrawal-backed Railway Infra Company Bags Order Worth Rs 9,41,34,514 – FIIs Increased Stake in Q1 FY25!
The company’s shares have delivered a multibagger return of over 260 per cent to its shareholders in just 1 year.
This Small-Cap railway infra company is engaged in manufacturing, procuring, and selling a wide range of products, including Recron, seats and berths, compreg boards, and timber woods along with its various derivatives. The company is also involved in producing and supplying an array of items to the Indian Railways and other industries. Their product portfolio includes seats and berths, Densified Thermal Bonded Blocks (DTBB), Compreg Boards and related products, ORVIN, Recron, coated upholstery fabric, furniture, and components, plywood, phenolic resin and hardener, as well as rubber flooring.
Oriental Rail Infrastructure Ltd has secured an order valued at Rs 9,41,34,514.16 (Rupees Nine Crore Forty-One Lakh Thirty-Four Thousand Five Hundred Fourteen and Sixteen Paise) from Modern Coach Factory (MCF), Raebareli, a unit of Indian Railways. The order entails the manufacturing and supply of 164 sets of seats and berths for LHB Non-AC 3-Tier Sleeper (LWSCN) coaches. Deliveries are to be made to the MCF Raebareli: Furnishing Depot, with 100 per cent payment to be received upon the receipt, inspection, and acceptance of the materials at the destination by the consignee. The order is to be executed by June 30, 2025.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
Today, the shares of the company closed at Rs 308.15 per share on the BSE. The current market capitalization of Oriental Rail Infrastructure Ltd stands at Rs 1893.86 crore, and the stock has generated an impressive multibagger return of around 260 per cent in just 1 year.
As per the Quarterly Results, in the Q1 FY25, Oriental Rail Infrastructure Ltd recorded a revenue of Rs 123.06 crore compared to Rs 92.81 crore. The operating profit stood at Rs 13.94 crore. The net profit stood at Rs 5.86 crore compared to a profit of Rs 5.44 crore. Looking at the annual performance, the company generated a revenue of Rs 526 crore in FY24. The operating profit for FY24 was Rs 670 crore with a net profit of Rs 30 crore compared to a net profit of Rs 3 crore in FY23.
According to the shareholding pattern of the company, the promoters hold a significant 54.81 per cent stake. Public investors own 44.86 per cent of the shares, while Foreign Institutional Investors (FIIs) hold 0.33 per cent in the company which was earlier 0.02 per cent. Ace Investor Mukul Agrawal holds a 5.53 per cent stake.
Check out my recent article here.
Investors must keep this small-cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.