Rs 229 crore order book: Multibagger micro-cap company jumped 592.59 per cent EBITDA; do you own it?
The stock gave multibagger returns of 142.62 per cent over the span of 3 years.
Dhruv Consultancy Services Ltd (BSE Script Code: 541302: NSE Script Code: DHRUV), one of the leading infrastructure consultancy companies in India, reported audited Financial Results for Q4FY23 & FY23. Details Below:
Quarterly Results: The net sales increased by 3.59 per cent, EBITDA increased by 592.59 per cent and the net profit increased by 127 per cent with EPS of Rs 1.20 in Q4FY23 compared to Q4FY22.
Annual Results: The net sales increased by 8.15 per cent with EPS of Rs 4.03 in FY23 compared to FY22. The company reported a net profit of Rs 4.82 crore in FY23 whereas in FY22 it had reported a net profit of Rs 5.76 crore, down by 16.22 per cent. The total unexecuted order book as of April 30, 2023 stands at Rs 229 crore.
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Mrs Tanvi Dandawate Auti, Managing Director of Dhruv Consultancy Services Limited said, “Continuous order inflow and control over costs helped us achieve profit in FY23. We look forward to the future with a positive outlook with a strong order book in hand. Further, the government’s thrust on infrastructure and road connectivity would provide impetus to future growth for us. The domestic market is very opportunist and we with our quality work and timely execution have positioned ourselves to garner a larger pie of overall growth potential. Leveraging our overall experience, we would garner good contracts in the international market too”
Today, shares of Dhruv Consultancy Services zoomed 2.91 per cent to Rs 50.95 per share with an intraday high of Rs 50.95 and an intraday low of Rs 50.95.
The stock has a 52-week high of Rs 72.50 and a 52-week low of Rs 40. The stock gave multibagger returns of 142.62 per cent over the span of 3 years. Investors should keep an eye on this micro-cap stock.