Heavy Buying Alert: Multibagger Transformers Stock Hit Upper Circuit With Heavy Volume After Announcing Amazing Results; PAT Jumps 151 Per Cent in Q2
The stock gave multibagger returns of 250 per cent on a YTD basis; 330 per cent in 1 year; 1,280 per cent in 3 years and a whopping 2,230 per cent in 5 years
On Wednesday, Indo Tech Transformers Ltd zoomed 5 per cent upper circuit to Rs 2,878.45 per share from its previous closing of Rs 2,360.45 with 6.30 times spurt in volume on BSE. The stock’s 52-week high is Rs 2,690 and its 52-week low is Rs 551.15.
Indo Tech Transformers Ltd is a prominent player in the transformer industry, specializing in the production of power, distribution, and special application transformers. With a strong focus on quality and innovation, the company caters to a diverse range of industries including transmission, generation, hydro, wind, solar, steel, cement, textiles, utilities and more.
Over the years, Indo Tech Transformers has established a reputation for excellence, delivering reliable and efficient transformers to customers across India and internationally. Their extensive product portfolio includes distribution transformers, power transformers, large power transformers, and skid-mounted substations, designed to meet the specific needs of various applications. With a track record of successful projects and a loyal clientele, Indo Tech Transformers continues to be a trusted partner in the transformer industry.
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According to Quarterly Results, the net sales increased by 78 per cent to Rs 146.23 crore and net profit increased by 151 per cent to Rs 17.72 crore in Q2FY25 compared to Q1FY25. In its half-yearly results, the net sales increased by 21 per cent to Rs 228.38 crore and net profit increased by 120 per cent to Rs 23.63 crore in H1FY25 compared to H1FY24. In FY24, the company reported net sales of Rs 503.21 crore and net profit of Rs 46.86 crore.
Earlier, the company was awarded a contract worth Rs 42.56 crore to supply 4 Nos of 192 MVA transformers. The contract is from a domestic entity and is expected to be executed by May 2025. No promoter, promoter group, or group companies have any interest in the entity that awarded the contract.
The company has a market cap of over Rs 2,600 crore and has delivered good profit growth of 49.9 per cent CAGR over the last 5 years with a median sales growth of 21.0 per cent over the last 10 years. The shares of the company have an ROE of 25 per cent and an ROCE of 35 per cent. The stock gave multibagger returns of 250 per cent on a YTD basis; 330 per cent in 1 year; 1,280 per cent in 3 years and a whopping 2,230 per cent in 5 years. Investors should keep an eye on this transformer company’s stock.
Disclaimer: The article is for informational purposes only and not investment advice.