Rs 1,175 crore Order Book: Company’s Profit Doubles in Q1FY25, Promotor Holds 74 per cent Stake
Company has an order Book of Rs 1,175 Crores (approx.) along with its Joint operations as on dated July 31, 2023.
Brahmaputra Infrastructure Ltd's stock is trading at Rs 93.1. The stock opened at Rs 102.5 and reached a day high of Rs 102.5 during the trading session. The company released its Quarterly Results on August 14, 2024. The stock jumped more than 5 per cent in a day.
For the quarter ending June 2024, the company reported a revenue of Rs 78.43 crore, up 46.82 per cent from the same quarter last year and up 45.73 per cent from the previous quarter. Net profit for the quarter stood at Rs 8.9 crore, showing a 114.46 per cent increase year-on-year and a 70.83 per cent increase quarter-on-quarter. For the full fiscal year 2024, revenue was Rs 221 crore, a 23.46 per cent growth compared to FY23. Net profit for the year was Rs 17 crore, marking a 54.55 per cent increase from the previous fiscal year.
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Incorporated in 1998, Brahmaputra Infrastructure Ltd is into EPC & Real Estate Development Business and handling various projects like Construction of Bridges, Flyovers, Highways, Airport, Building Construction, Tunnel projects, Mining projects
Brahmaputra Infrastructure Ltd have an consolidated order Book along with its Joint as on July 31,.2024 an total amount Rs 1175.00 Crores (approx.) Company is under continuous process to bidding the new tenders of State & Central Government along with Private Party contracts. In first month of Second Quarter of FY 2024-25 on all the ongoing sites of the company work is executing at a vast pace even after a heavy rainfall, company’s Project managers have no doubt that they will achieve all the target assigned numbers within defined timeline. Company is in under continuous process in reduction the financial debt as per the repayment chart in next two and half years company will repay all its outstanding term loan ,onwards 2027 company outstanding debt in sustainable part of debt will be only Rs 112.00 crores.
Brahmaputra Infrastructure Ltd, with a market capitalisation of Rs 270 crore and a P/E ratio of 13.2. The company's 52-week high stands at Rs 114, while the 52-week low is Rs 41. Company has delivered good profit growth of 27.9 per cent CAGR over the last 5 years. They stock has given 95 per cent returns in a year.
Investors should keep a close eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.