Rs 180,00,00,000 Order Book: This Smallcap Company Bags an International Order Worth Rs 50 Crore; Stock Rallied 5 Per cent Today!
The company’s shares have delivered an impressive return of over 950 per cent to its shareholders.
Goldiam International Ltd is engaged in the manufacturing and export of gold and diamond jewellery to global retailers.
The company has received its largest single purchase order to date, valued at Rs 50 crore, for the export of lab-grown diamond-studded gold jewellery from a major retailer in the USA. With this new order, the company now has a total of Rs 180 crore in booked orders for manufacturing and exporting diamond-studded gold jewellery. These orders are scheduled to be executed on or before November 30, 2024.
Today, shares of Goldiam International Ltd closed at around Rs 193.35 per share. The company’s current market capitalization stands at Rs 2064.88 crore. Additionally, the shares have delivered a multibagger return of over 50 per cent in the past year.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
As per the Quarterly Results, in Q4 FY24, Goldiam International Ltd recorded a revenue of Rs 148 crore representing a growth of 9.57 per cent YoY from Rs 135 crore. The operating profit for Q4 FY24 stood at Rs 24 crore along with an operating profit margin of 16 per cent. The net profit for Q4 FY24 stood at Rs 18 crore compared to a profit of Rs 16 crore last year same quarter. Looking at the annual performance, the company generated a revenue of Rs 603 crore in FY24. The operating profit for FY24 was Rs 114 crore with a net profit of Rs 91 crore compared to a net profit of Rs 85 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.