DSIJ Mindshare

The company reported positive numbers in its quarterly results and annual results. In FY23, net sales increased by 30 per cent to Rs 155 crore and net profit skyrocketed 300 per cent to Rs 4 crore compared to FY22.

Shares of the company have jumped more than 70 per cent in the last 6 months.

The company has a market cap of Rs 1,75,000 crore and a robust order book worth Rs 48,700 crore as of June 30, 2023. The company has been maintaining a healthy dividend payout of 60.0 per cent and the stock is providing a good dividend yield of 4.39 per cent.

The company reported positive numbers in its half-yearly results and annual results. Furthermore, the company has significantly reduced its debt burden. The current debt of Rs. 0.51 crore is only 1.92 per cent of its current market cap, which means that the company is almost debt-free.

The company received one order from Pimpri Chinchwad Smart City Limited, Pune for providing end-to-end services for monetization on the revenue-sharing model. The order is worth Rs 700 crore and will be completed in 10 years.