Rs 85,000 Crore Order Book: This PSU Railway Infra Company bagged Order Worth Rs 495 Crore from NTPC; Secured Back-to-Back 3 orders worth Rs 954 Crore in just 1 week!

The shares of the company have delivered a return of around 195 per cent to its shareholders in just 1 year.

This Large-Cap rail infrastructure company has been awarded the Letter of Award by National Thermal Power Corporation (NTPC) for the "Project Execution Agency (PEA) contract to execute Balance Civil & HM works of Barrage Complex, including a part of the HRT package for Rammam Hydro Electric Project Stage-III (3x40 MW).

The timeframe for executing the order is 66 months, and the total value of the order amounts to Rs 495,14,16,130.68 (Rupees Four Hundred Ninety-Five Crore Fourteen Lakhs Sixteen Thousand One Hundred and Thirty and Paisa Sixty-Eight), excluding GST (at 18 per cent).

Rail Vikas Nigam Ltd (RVNL) was incorporated in 2003 by the Government of India. It is engaged in the business of implementing various types of rail infrastructure projects assigned by the Ministry of Railways, including doubling, gauge conversion, new lines, railway electrification, major bridges, workshops, production units, and sharing of freight revenue with Railways as per the concession agreement entered into with the Ministry of Railways.

Also read Rs 5,690 Crore Order Book: This PSU Civil Construction Company bagged Order Worth Rs 39,63,00,000 from Tata Steel!

Share Performance:

On Friday, the company's stock closed at around Rs 374.40 per share, with a market capitalization of Rs 78,063 crore. The stock has delivered a multibagger return of around 1087 per cent in just 3 years.

Financial performance:

According to the Quarterly Results, in Q4 FY24, the company reported a revenue of Rs 6701 crore compared to Rs 5721 crore and a net profit of Rs 433 crore compared to Rs 345 crore. In FY24, the company reported a revenue of Rs 21733 crore compared to Rs 20282 crore, and a net profit of Rs 1463 crore, compared to a profit of Rs 1268 crore in the previous year.

Regarding the shareholding pattern, the promoters own 72.84 per cent of the company, while FIIs and DIIs hold 2.32 per cent and 6.18 per cent, respectively. Public or retail investors hold the remaining 18.66 per cent.

Investors must keep this multibagger stock on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.