Multibagger penny stock under Rs 40: This micro-cap company reports a 210 per cent jump in net profit!

The stock gave multibagger returns of over 150 per cent in just 1 year.

One Point One Solutions Ltd is a company that helps other companies work more efficiently by providing a variety of services, such as customer care, finance, sales, marketing, and IT. The clients of the company include Baroda AMC, Jaquar, Edelweiss Tokio Life Insurance, Tata SME etc.

The company announced it quarterly results and annual results for the fiscal year 2024. Here are the details:

Quarterly Results

1. Total Income was at Rs 41.01 crore, as compared to Rs 34.92 crore in Q2FY23, registered a growth of 17.45 per cent.
2. EBITDA was at Rs 14.83 crore, as compared to Rs 8.65 crore in Q2FY23, registered a growth of 71.49 per cent.
3. EBITDA Margin was at 36.17 per cent, increased from 24.77 per cent in Q2FY23.
4. Net Profit was at Rs 5.93 crore, as compared to Rs 1.91 crore in Q2FY23, grown by 210 per cent.
5. EPS was at Rs 0.30 per share, as compared to Rs 0.10 per share in Q2FY23, growth of 200 per cent.

Half-Yearly Results

1. Total Income was at Rs 79.75 crore, as compared to Rs 69.97 crore in H1FY23, registered a growth of 13.97 per cent.
2. EBITDA was at Rs 26.15 crore, as compared to Rs 17.28 crore in H1FY23, registered a growth of 51.31 per cent.
3. EBITDA Margin was at 32.79 per cent, increased from 24.69 per cent in H1FY23.
4. Net Profit was at Rs 8.75 crore, as compared to Rs 3.70 crore in H1FY23, grown by 2.37 times.
5. EPS was at Rs 0.45 per share, as compared to Rs 0.20 per share in H1FY23, growth of 125 per cent.

Today, shares of One Point One Solutions Ltd gained 3.31 per cent to make a new 52-week high of Rs 39 per share from its previous closing of Rs 37.75 per share. The stock gave multibagger returns of over 150 per cent in just 1 year. Investors should keep an eye on this micro-cap stock.

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