Rs 295 crore order book: This multibagger engineering company delivers order worth Rs 5,00,00,000 to international manufacturer in Thailand!
The stock is up by 92 per cent in 1 year and over 1,000 per cent in 3 years.
BEW Engineering Ltd - Among the leading designers & manufacturers of process equipment for the pharmaceutical & chemical industry, announced that the company has successfully delivered a Twist Lock Teeth Bayonet Agitated Nutsche Filter Dryer (ANFD) machine of Rs 5,00,00,000 order value with a capacity of 22 KL to a reputed international manufacturer of Thailand in the pharmaceutical sector.
ANFD is a highly specialized piece of equipment used in the pharmaceutical, chemical, and food industries for the drying and filtration of solids, which incorporates several key features that make it unique and efficient in its operation. Its unique design and features make it an indispensable tool for processes requiring precision, purity, and efficiency in the separation and drying of solids from liquids.
Twist Lock Teeth Mechanism: The twist lock teeth feature refers to a secure locking mechanism that ensures a tight seal between the vessel and its cover. This feature is crucial in preventing any leaks or contamination during the drying and filtration process, ensuring the purity and integrity of the final product
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The company has recently expanded its operations, attracted new customers and increased its capacity. It expects a revenue boost of 40-50 per cent this year, backed by Rs 295 crore worth of pending orders. The company's trade receivables are zero, as it has received Rs 28.5 crore from new export clients.
The company has borrowed Rs 210.93 crore, including Rs 78.1 crore through the government's ECLGS scheme. It has used these funds to secure inventory for timely order completion and future planning.
On Monday, shares of BEW Engineering 13.88 per cent to make a new 52-week high of Rs 1,582.95 per share. At the closing bell, shares of the company were trading at Rs 1,500 per share, up 7.91 per cent from its previous closing of Rs 1,390 per share. The company has delivered good profit growth of 60.40 per cent CAGR over the last 5 years and a good return ROE track record: 3 Years ROE 37 per cent.
The stock is up by 92 per cent in 1 year and over 1,000 per cent in 3 years. Investors should keep an eye on this multibagger engineering stock.
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