Rs 11,854 crore order book: Small-Cap company delivers impressive results and declares stellar dividend!

The stock has a PE of 6.81x whereas the sectoral PE is 26.7x with multibagger returns of over 240 per cent in 3 years.

J Kumar Infraprojects Ltd, a leading civil construction company in India, announced its Quarterly Results and annual results for the year ended March 31, 2023. Details Below:

Quarterly Results: The net sales increased by 1.77 per cent, and the net profit decreased by 0.19 per cent with an EPS of Rs 9.76 in Q4FY23 compared to Q4FY22.

Annual Results: The net sales increased by 19.16 per cent, while the net profit increased by 33.28 per cent with an EPS of Rs 36.26 in FY23 compared to FY22.

Order Book: As of March 31, 2023, the company has a total order book of Rs 11,854 crore and in the financial year 2022-2023, the company have bagged Rs 2,652 crore orders.

Additionally, The Board of Directors recommended a dividend of Rs 3.50 per equity share (i.e., 70 per cent on the Face value of Rs 5 per Equity Share) for the financial year 2022-23.

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The company have a vision of a ‘Billion $ Company’ by the year 2027. Towards a Billion $ revenue company the company is expecting an order book of over Rs 20,000 crore by FY27 with metro projects to be the major contributor.

On Tuesday, shares of J Kumar Infraprojects Ltd plunged 3.59 per share to Rs 258.95 per share with an intraday high of Rs 273.05 and an intraday low of Rs 255.20. The shares of the company saw a spurt in volume by more than 2.04 times on BSE.

The stock has a PE of 6.81x whereas the sectoral PE is 26.7x. The stock is up by 42 per cent in just 2 years and over 240 per cent in 3 years. Investors should keep an eye on this multibagger stock.