DSIJ Mindshare

The company reported excellent numbers in both quarterly results and annual results. The stock has a PE of 17x, a ROE of 22 per cent and a ROCE of 31 per cent. The stock is up by 75 per cent in 1 year and over 150 per cent in 5 years.

The stock has surged more than 90 per cent in the last one year.

The net sales increased by 16.40 per cent to Rs 2,623.83 crore and net profit skyrocketed by 196.32 per cent to Rs 224.02 crore in Q4FY23 over Q4FY22. The net sales increased by 31.55 per cent to Rs 7,977.32 crore and net profit skyrocketed by 139.82 per cent to Rs 400.26 crore in FY23 over FY22.

At the closing bell, shares of the company ended the day in green, up 2.16 per cent to Rs 425.20 per share. The shares of the company saw a spurt in volume by more than 2 times on BSE.

According to the financials, the company has a market cap of 15.21 crore. The net sales increased by 74.50 per cent to Rs 13.76 crore and net profit increased by 53.64 per cent to Rs 0.34 crore in H2FY23 over H2FY22. The net sales increased by 70.26 per cent to Rs 22.55 crore and net profit increased by 34.06 per cent to Rs 0.67 crore in FY23 over FY22.