Small-cap Industrial Pump Manufacturer Bags 12 Orders Worth Rs 14,40,00,000 for Supply of Progressive Cavity Pumps to Biogas Plants; Must Watch

The company’s shares have delivered an impressive return of over 300 per cent to its shareholders.

Roto Pumps was incorporated in 1968. The company is the pioneer manufacturer of Progressive Cavity Pumps in India, renowned for providing efficient and reliable pumping solutions to a diverse range of industries. The company has received 12 orders totalling Rs 14.40 crore plus applicable goods and service tax from GPS Renewables Pvt Ltd for the supply of Progressive Cavity Pumps to biogas plants. The supply is to be completed within the current financial year in a phased manner.

Share Performance:

On Friday the shares of Roto Pumps closed the day at Rs 464.70 per share. The company’s current market capitalization stands at Rs 1459.51 crore. The stock has delivered a multibagger return of over 346.40 per cent in the past 3 years.

Financial performance:

According to the Quarterly Results, in Q4 FY24, Roto Pumps reported a revenue of Rs 82 crore and an operating profit of Rs 21 crore. The operating profit margin for the quarter stands at 26 per cent. The company’s net profit stood at Rs 13 crore. In FY24, the company reported a revenue of Rs 274 crore compared to Rs 226 crore, and a net profit of Rs 39 crore, compared to a profit of Rs 33 crore in the previous year.

According to the shareholding pattern, the company's promoters own 67.26 per cent, FIIs own 0.49 per cent, and 32.26 per cent is held by public investors.

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

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