Rs 18,842 crore order book: This multibagger civil construction company receives order worth Rs 199.58 crore; stock hits 52-week high!

The stock is up by 80 per cent in 2 years and generated multibagger returns of 215 per cent in 3 years.

On Thursday, shares of Ahluwalia Contracts (India) Limited surged 1.28 per cent to make a new 52-week high of Rs 695 per share from its previous closing of Rs 686.20 per share. At the closing bell, shares of the company were trading at Rs 670 per share, down 2.36 per cent.

Ahluwalia Contracts (India) Limited, a leading EPC company in India, informed that has secured an order for civil structural, facade and related external development works for the enterprise computing and cybersecurity training institute at Bhubaneshwar, Orrisa from Indian Financial Technology and Allied Services, project worth of Rs 199.58 crore.

Order inflow and order book update:

As of today, the order inflow for the current financial year (FY) 2023-24 stands at Rs 4,377.11 crore. The company's order book as of March 31, 2023 was Rs 14,464.60 crore. This brings the total order book to date to Rs 18,842.01 crore.

According to the quarterly consolidated results, the net sales increased by 18.09 per cent, the operating profit increased by 59.02 per cent and the net profit skyrocketed by 70.46 per cent in Q4FY23 over Q4FY2. According to the annual consolidated results, the net sales increased by 5.42 per cent, the operating profit increased by 16.78 per cent and the net profit skyrocketed by 25.06 per cent in FY23 over FY22.

The shares of the company have a PE of 23.20x, a ROE of 17.43 per cent and a ROCE of 25 per cent. The stock is up by 80 per cent in 2 years and generated multibagger returns of 215 per cent in 3 years. Investors should keep an eye on this Small-Cap stock under their watchlist.