Rs 299.69 crore order book: This multibagger industrial equipment manufacturing company bags new orders worth Rs 3,544 lakh

The stock gave multibagger returns of 275 per cent in 1 year, 700 per cent in 2 years and a whopping 1,700 per cent in 3 years.

Kilburn Engineering Ltd announced that the company has received new orders and letters of intent (LOI) totalling Rs 3,544 lakh. This includes specific orders for rotary dryers, fluid bed coolers, paddle dryers, tea dryers, and spare parts. Notably, 23.69 crore rupees worth of these orders were received in April 2024 alone. During FY – 2023- 2024, total orders bagged by the company amounted to Rs 276 crore.

Kilburn Engineering Ltd is engaged in designing, manufacturing and commissioning customised equipment/systems for critical applications in several industrial sectors like chemical, steel, nuclear power, petrochemical & food processing, etc. The company’s order book stands at Rs 299.69 crore as of April 30, 2024.

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On Tuesday, the shares of Kilburn Engineering Ltd gained 1.80 per cent to an intraday high of Rs 389.45 per share from its previous closing of Rs 382.60. The stock’s 52-week high is Rs 410 and its 52-week low is Rs 101.

The company has a market cap of over Rs 1,400 crore and has delivered good profit growth of 55.1 per cent CAGR over the last 5 years. The shares of the company have an ROE of 33.7 per cent and an ROCE of 30 per cent. The stock gave multibagger returns of 275 per cent in 1 year, 700 per cent in 2 years and a whopping 1,700 per cent in 3 years. Investors should keep an eye on this micro-cap stock.

Disclaimer: The article is for informational purposes only and not investment advice.