600 Per cent Multibagger Return in Just 1 Year; Engineering Company Secures Rs 11 Crore Order from Nayara Energy
The company’s shares have delivered a multibagger return of over 600 per cent in just 1 year.
Incorporated in 2013, RBM Infracon Ltd specializes in the engineering, execution, testing, commissioning, operation, and maintenance of mechanical and rotary equipment for industries such as oil & gas refineries, cement, fertilizers, petrochemicals, and coal/gas-based power plants.
The company has received a work order from Nayara Energy Ltd valued at Rs 11 crore for the maintenance and inspection (M&I) of LPG and Hydrogen Spheres. The order is set for execution from September 21, 2024, to September 30, 2027.
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Today, the shares of RBM Infracon Ltd closed at Rs 908 per share on the NSE. The company’s current market capitalization stands at Rs 917.35 crore. Additionally, the shares have delivered a multibagger return of over 600 per cent in Just 1 Year.
As per the Quarterly Results, RBM Infracon Ltd recorded a revenue of Rs 38.85 crore compared to Rs 19.52 crore. The operating profit stood at Rs 4.78 crore. The net profit stood at Rs 3.29 crore compared to a profit of Rs 0.94 crore. Looking at the annual performance, the company generated a revenue of Rs 130 crore in FY24. The operating profit for FY24 was Rs 19 crore with an operating profit margin of 15 per cent. The company reported a net profit of Rs 11 crore in FY24 compared to Rs 2 crore in FY23 representing a 450 per cent YoY growth.
According to the company's shareholding pattern, the promoters hold a 60.53 per cent stake while public investors own 39.47 per cent of the shares.
Investors must keep this Small-Cap company on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.