DSIJ Mindshare

According to the financials, the company reported excellent numbers in its quarterly results and annual results. The net sales increased by 30.37 per cent to Rs 837 crore and net profit increased by 86.21 per cent to Rs 54 crore in FY23 compared to FY22.

The order has to be executed within 60 months.

The company has a market cap of Rs 885 crore with a 3-year stock price CAGR of 28 per cent. The net sales increased by 54.45 per cent to Rs 150.27 crore and net profit skyrocketed by 158.30 per cent to Rs 3.34 crore in Q4FY23 over Q4FY22. The net sales increased by 62.86 per cent to Rs 513 crore and net profit skyrocketed by 112 per cent to Rs 3 crore in FY23 over FY22.

As of March 2023, the shareholding pattern of the company indicates that the majority stake of 62.08 per cent is held by the company's promoters, while the remaining ownership is divided among FIIs (0.25 per cent) and the general public (37.68 per cent).