DSIJ Mindshare

The company has bagged 2 projects, one is for the Redevelopment of Kanpur Central Railway Station at Kanpur on EPC mode in the state of UP which is worth Rs 677.31 crore and another for a rate contract for Pond ash transportation from NTPC Ltd which is worth Rs 42.50 crore. Including the 2 orders, the company’s current order book stands at Rs 13,486.11 crore.

Talking about the financials, this chemicals sector company has a market cap of Rs 2,146.82 crore and has delivered good profit growth of 57.9 per cent CAGR over the last 5 years. The stock has a PE of 9.76x and an ROE of 45 per cent. The stock is up by 35 per cent in 3 months and generated multibagger returns of over 200 per cent in just 3 years.

According to the financials, the company has a market cap of Rs 10.23 crore. The company reported a net profit of Rs 0.40 crore in Q4FY23 company to a net loss of Rs 0.07 crore in Q4FY22, an increase of 670 per cent. The net sales increased by 9.80 per cent to Rs 4.82 crore and net profit skyrocketed by 236.36 per cent to Rs 0.74 crore in FY23 over FY22.

The net sales increased by 8.10 per cent to Rs 12,495 in Q4FY23 compared to Q4FY22. The company reported a net profit of Rs 2,844.64 crore in Q4FY23 compared to a net profit of Rs 3,103.99 in Q4FY22, down by 8.36 per cent. The net sales increased by 9.37 per cent to Rs 26,927 crore and the net profit increased by 14.25 per cent to Rs 5,828 crore in FY23 compared to FY22.  

Shares of the company have jumped more than 60 per cent in the last six months.