Rs 1,830 crore order book: This multibagger aerospace & defence company bags order worth Rs 139 crore!

The company's shares have delivered a multibagger return of around 110 per cent in the past one year.

Mishra Dhatu Nigam (MIDHANI), which manufactures superalloys, titanium, special-purpose steel, and other special metals, has announced a significant order received by the company.

As per the press release, the company has received an order worth Rs 139 crore. After this, the cumulative order book stands at Rs 1830 crore. The customer details from which the company has received the order are not revealed by the company.

Today, the company's stock is trading at around Rs 434.55 per share on the BSE, with a market capitalisation of Rs 8140 crore. Additionally, the stock has delivered a multibagger return of around 107 per cent in the past one year and has the potential to deliver multibagger returns in the future. The company has not yet released its Quarterly Results so far.

Financial Performance

In Q3 FY24, Mishra Dhatu Nigam reported revenue of Rs 252 crore, representing a year-on-year growth of 8.854 per cent from Rs 231 crore in the same quarter last year. The operating profit of the company stands at Rs 36 crore, with an operating profit margin of 14 per cent, compared to Rs 66 crore in the same quarter last year. The net profit of the company stood at Rs 12 crore in the December quarter.

The company’s ROCE and ROE are 14.6 per cent and 12.6 per cent, respectively, while the shares are trading at 73.4 times in the market.

Investors must keep this Small-Cap multibagger stock on their radar.