Multibagger stock below Rs 15: Micro-cap company reports a 2,833 per cent jump in net profit!

The stock is up by 45 per cent in 2 years and over 300 per cent in 3 years.

India Cements Capital Ltd, a leading NBFC company in India announced its Quarterly Results and annual results for the year ended March 31, 2023. Details below:

Financial Highlights for the Q4FY23: 

• Total Revenue of Rs 1.23 crore, up 69.10 per cent over Q4FY22. 
• EBITDA of Rs 0.32 crore, up 187.36 per cent over Q4FY22.  
• Profit After Tax of Rs 0.18 crore, up 2,833.33 per cent over Q4FY22.  
• The EPS for Q4FY23 is Rs 0.08.  

Financial Highlights for FY23:  

• Total Revenue of Rs 4.53 crore, up 80.13 per cent over FY22.  
• EBITDA of Rs 0.98 crore, up 108.03 per cent over FY22.
• Profit After Tax of Rs 0.72 crore, up 193.88 per cent over FY22.
• The EPS for FY23 is Rs 0.34.

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Incorporated in 1985, India Cements Capital Ltd is a provider of services viz. money changing, forex, travel and share broking.

On Thursday, shares of India Cements Capital zoomed per cent to an intraday high of Rs 10.68 per share from its previous closing of Rs 10.27. At 03:30 pm, shares of the company ended the day in the red, down 4.87 per cent to Rs 9.77 per share.

The stock is up by 45 per cent in 2 years and over 300 per cent in 3 years. Investors should keep an eye on this micro-cap stock.