Small-cap Infra Company Bags 2 Orders Worth Rs 16,34,00,000 from Shapoorji Pallonji and URC Construction! Stock Hits Upper Circuit Today!

The shares of the company have delivered a return of over 100 per cent to its shareholders in just 3 months only.

Atmastco Limited, a turnkey or EPC contractor, specializes in providing multi-disciplinary services and project management solutions across the ferrous and non-ferrous sectors.

Recently, the company secured two significant orders worth Rs 16.34 crore. These orders, received from URC Construction Private Limited and Shapoorji Pallonji and Company Private Limited, are for structural fabrication and the structural construction of Modipuram RRTS Metro Railway Station. The contracts are scheduled for execution by September 2024 and October 2024 respectively, with values of Rs 7.34 crore and Rs 9 crore for URC Construction Private Limited and Shapoorji Pallonji and Company Private Limited respectively.

Turning attention to this interesting fact about the company, one of its wholly owned subsidiaries, Atmastco Defence Systems, is engaged in manufacturing bulletproof jackets and helmets tailored for military use, along with full-body protectors designed for female troops and associated activities. Additionally, the company manufactures various precision equipment and heavy fabrication structures utilized across diverse industrial applications. These products encompass Ceiling Girders, Railway Girders, Columns & Bracings, Bolted Structures, Equipment, Pressure Ducts, Box Columns, and more.

Share Performance:

Today the shares of Atmastco Limited closed the day at Rs 271.80 per share. The company’s current market capitalization stands at Rs 672.29 crore. The stock has delivered a multibagger return of over 100 per cent in just 3 months only.

Financial performance:

According to the Quarterly Results, in Q4 FY24, Atmastco Limited reported a revenue of Rs 148 crore and an operating profit of Rs 23 crore. The operating profit margin for the quarter stands at 15 per cent. The company’s net profit stood at Rs 10 crore. In FY24, the company reported a revenue of Rs 224 crore compared to Rs 242 crore and a net profit of Rs 16 crore, compared to a profit of Rs 13 crore in the previous year.

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

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