DSIJ Mindshare

Earlier, the company announced stellar financial performance for the quarter ended June 30, 2023. The revenue from operations grew by 143.42 per cent to Rs 1894.66 lakh, EBITDA increased by 226.88 per cent to Rs 53.02 lakh and PAT increased by 145 per cent to Rs 33.88 lakh in Q1FY24 compared to Q1FY23.

According to the annual results, the net sales increased by 75.89 per cent to Rs 1,091 crore and net profit increased by 38.73 per cent to Rs 39.40 crore in FY23 over FY22. The shares of the company have a PE of 16x, an ROE of 16 per cent and a ROCE of 18 per cent.

It is engaged in developing, owning, and operating a diversified portfolio of wind energy power plants. The company has a market cap of over Rs 1,000 crore with a 3-year stock price CAGR of 86 per cent.

Incorporated in 1985, the company is a provider of services viz. money changing, forex, travel and share broking. The company has a market cap of Rs 25.61 crore with a 3-year CAGR of 46 per cent. The promoters of the company own a 74.90 per cent stake while the rest 25.10 per cent stake is owned by the general public.

Shares of the company gained about 20 per cent in the last six months.