Multibagger Penny Stock Under Rs 10 In Green As Company Reports Stellar Q2FY25 & H1FY25 Results, PAT Jumps 66.29 Per Cent
The stock gave multibagger returns of 146 per cent from its 52-week low of Rs 4.03 per share and a whopping 1,380 per cent in 3 years.
On Friday, shares of Sarveshwar Foods Ltd gained 4.9 per cent to an intraday high of Rs 9.91 per share from its previous closing of Rs 9.45 per share. The stock’s 52-week high is Rs 15.73 and its 52-week low is Rs 4.03. The company has a market cap of Rs 960 crore with a 3-year stock price CAGR of 140 per cent.
Sarveshwar Foods Limited (SFL) is a renowned Indian food manufacturer with a legacy spanning over 130 years. Based in Jammu and Kashmir, SFL is committed to producing high-quality, healthy, and tasty rice products. The company is certified under various international standards, including ISO 22000:2018, USFDA, BRC, Kosher, NPPO USA, CHINA, and NOP-USDA Organic, ensuring its products meet the highest safety and quality standards. SFL offers a wide range of branded and unbranded basmati and non-basmati rice, both domestically and internationally. Recognizing the health benefits of organic farming, SFL has expanded its operations to include a line of organic products under the brand name "NIMBARK."
For H1FY25, compared to the H1FY24, the company reported:
- Total Revenue at Rs 504.36 crore vs Rs 392.90 crore (up 28.37 per cent)
- EBITDA at Rs 34.14 crore vs Rs 25.19 crore (up 35.53 per cent)
- PAT at Rs 11.24 crore vs Rs 7.74 crore (up 45.22 per cent)
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For Q2FY25, compared to the Q2FY24, the company reported:
- Total Revenue at Rs 271.31 crore vs Rs 205.22 crore (up 32.21 per cent)
- EBITDA at Rs 21.84 crore vs Rs 15.93 crore (up 11.59 per cent)
- PAT at Rs 8.15 crore vs Rs 4.90 crore (up 66.29 per cent)
The company's shares have ex-traded bonus shares and stock split in the financial year 2023 – 2024, i.e., 2:1 bonus shares and stock split from a face value of Rs 10 to Rs 1. The stock gave multibagger returns of 146 per cent from its 52-week low of Rs 4.03 per share and a whopping 1,380 per cent in 3 years. Investors should keep an eye on this stock.
Disclaimer: The article is for informational purposes only and not investment advice.
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