Mukul Agrawal Holds 5.53 Per cent Stake: Railway Infra Company Secures Order Worth Rs 2,15,59,180 from Rail Coach Factory – Net Profit Surged by 900 Per cent!
The company’s shares have delivered an impressive return of over 100 per cent to its shareholders in just 1 year.
Mukul Agrawal-backed Small-Cap railway company has secured orders worth Rs 2,15,59,179.64 (Rupees Two Crore Fifteen Lakh Fifty-Nine Thousand One Hundred Seventy-Nine and Paise Sixty-Four) from Rail Coach Factory (RCF), Kapurthala, Indian Railways. The delivery is scheduled for RCF's Furnishing Depot.
The order entails the manufacturing and supply of 9 sets of seats for LHB Non-AC chair car coaches (108-seater) and 9 sets of seats for LHB AC chair car coaches (78-seater), with the execution deadline set for May 29, 2025. As per the contract terms, 95 per cent of the payment will be received against the Inspection Certificate issued by the designated inspection agency and proof of dispatch/delivery of materials. The remaining 5 per cent will be cleared after receipt, inspection, and acceptance of the goods.
Oriental Rail Infrastructure Ltd is involved in the manufacturing, purchasing, and selling of various products, including Recron, seats and berths, and Compreg boards. The company is also engaged in the trading of timber wood and its related products.
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Today, the company’s shares closed at around Rs 258.80 per share on the BSE. The current market capitalization of Oriental Rail Infrastructure Ltd stands at Rs 1590.56 crore, and the stock has generated an impressive multibagger return of over 100 per cent in just 1 year.
As per the Quarterly Results, in the Q2 FY25, Oriental Rail Infrastructure Ltd recorded a revenue of Rs 186 crore compared to Rs 115 crore. The operating profit stood at Rs 21 crore. The net profit stood at Rs 10 crore compared to a profit of Rs 8 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 representing a growth of around 900 per cent YoY.
Ace Investor Mukul Agrawal holds a 5.53 per cent stake.
Check out my recent article here.
Investors must keep this small-cap railway stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.