Promoters Bought 2,86,285 Shares: Heavy Buying Multibagger Engineering Company Bags Orders Worth Rs 19,03,00,000; Stock Gains Over 900 Per cent in Just 2 Years!
The company’s shares have delivered an impressive return of over 150 per cent in just 1 year.
This Small-Cap company has received various Letters of Intent (LOIs) and orders to date, valued at Rs. 1,903 lakhs. These include an order for a Rotary Dryer for Carbon Black amounting to Rs. 1,042 lakhs, a Paddle Dryer for Rs. 309 lakhs, VFBD and other equipment for Rs. 437 lakhs and Spares worth Rs. 115 lakhs. In aggregate, the company has secured orders and LOIs amounting to Rs. 17,930 lakhs this year, including the orders.
Kilburn Engineering Ltd is engaged in designing, manufacturing, and commissioning customized equipment and systems for critical applications across several industrial sectors, including Chemical, Steel, Nuclear Power, Petrochemical, and Food Processing.
Today, shares of Kilburn Engineering Ltd are trading at around Rs 424.80 per share. The company’s current market capitalization stands at Rs 1762.52 crore. Additionally, the shares have delivered a multibagger return of over 900 per cent in the past 2 years.
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As per the Quarterly Results, in Q1 FY25, Kilburn Engineering Ltd recorded a revenue of Rs 64 crore from Rs 67 crore. The operating profit for Q1 FY25 stood at Rs 16 crore. The net profit for Q1 FY25 stood at Rs 11 crore compared to a profit of Rs 7 crore last year same quarter. Looking at the annual performance, the company generated a revenue of Rs 293 crore in FY24. The operating profit for FY24 was Rs 65 crore with a net profit of Rs 40 crore compared to a net profit of Rs 30 crore in FY23.
Investors must keep this small-cap company on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.