Multibagger Engineering Company Bags Order Worth Rs 1.29 Crore, Stock Gains Over 165 Per cent in Just 1 Year

The company's shares have delivered an impressive year-to-date return of over 135 per cent to its shareholders.

This Small-Cap company, engaged in manufacturing mould bases and machining parts for sectors including automotive, pharmaceuticals, electronics, consumer goods, and manufacturing, has announced securing significant contracts.

Sunita Tools Ltd has successfully secured a contract for supplying various types of mould bases, amounting to Rs 1.29 crore (inclusive of taxes). In addition to this, the company has reported a substantial work-in-progress inventory valued at Rs 11.08 crore. However, the company has not disclosed the client’s name in the press release.

Today, shares of Sunita Tools Ltd closed at around Rs 548.80 per share on the BSE. The company’s current market capitalization stands at Rs 308.70 crore. Additionally, the shares have delivered a multibagger return of around 165 per cent in the past year.

As per the Quarterly Results, in the Q2 FY25, Sunita Tools Ltd recorded a revenue of Rs 15.33 crore. The operating profit stood at Rs 4.23 crore with a margin of 27.59 per cent. The net profit stood at Rs 3.41 crore compared to a profit of Rs 1.60 crore in Sep 2023. Looking at the annual performance, the company generated a revenue of Rs 26.09 crore in FY24. The operating profit for FY24 was Rs 7.77 crore with a net profit of Rs 4.85 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 72.98 per cent stake while public investors own a 26.95 per cent stake in the company. DIIs purchase stake for the first time stands at around 0.06 per cent.

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Disclaimer: The article is for informational purposes only and not investment advice.