Railway Penny Stock Under Rs 15 To Keep Under Radar As Company’s Subsidiary Enters Into An Exclusive Distributorship With Bharatiyam Distribution Pvt Ltd
From Rs 0.21 per share to Rs 13.04 per share, the stock returned over 6,100 per cent in just 5 years.
Cressanda Retail Solutions Private Limited (CRSPL), a subsidiary of Cressanda Railway Solutions Limited, has forged an exclusive partnership with Bharatiyam Distribution Pvt. Ltd. (BDPL) to distribute CAMPA and associated products across the Northern Zone of Indian Railways. This strategic alliance covers five major divisions, encompassing 141 stations and spanning over 6,807 kilometres. With BDPL's strong manufacturing and distribution expertise and CRSPL's deep understanding of the Indian Railways network, this partnership aims to ensure the widespread availability and visibility of CAMPA products to millions of daily passengers.
Bharatiyam Distribution Pvt Ltd., a leading player in the food and beverage industry, brings decades of experience in manufacturing, distributing, and retailing various products. CRSPL, on the other hand, is focused on creating value-added businesses around the Indian Railways network. By leveraging technology and its extensive reach, CRSPL aims to become a leading retail, food, and beverage distribution company. This exclusive tie-up aligns with CRSPL's vision of reaching the farthest corners of the Indian Railways network efficiently and sustainably.
This partnership presents a significant opportunity for CRSPL to expand its operational reach, enhance its distribution capabilities, and strengthen its position in the consumer goods market. By serving millions of daily passengers across key states, CRSPL can capitalize on the growing demand for quality products. This collaboration not only enables CRSPL to contribute to the growth of the CAMPA brand but also solidifies its position as a leader in India's retail distribution sector.
Financial Performance
In Q1FY25, Cressanda Railway Solutions Ltd reported a 23.7 per cent increase in revenue, reaching Rs 17.48 crore, compared to Rs 14.13 crore in Q1FY24. The company's net profit saw substantial growth, reaching Rs 2.02 crore, up from Rs 12 lakh in Q1FY24. For FY 2023-24, the company reported a net profit of Rs 13.80 crore and revenue from operations of Rs 204.66 crore.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
About Cressanda Railway Solutions Ltd
Cressanda Railway Solutions Ltd is dedicated to improving the railway travel experience through innovative digital solutions and concierge services. Recent initiatives include providing Wi-Fi and COD services on Eastern Railway trains, introducing wheelchair services, and offering pick-up & drop services and on-board sales of non-catering items.
The company is a Small-Cap having a market cap of over Rs 550 crore. From Rs 0.21 per share to Rs 13.04 per share, the stock returned over 6,100 per cent in just 5 years. Investors should keep an eye on this railway penny stock under the radar.
Disclaimer: The article is for informational purposes only and not investment advice.