Rs 4,717 Crore Order Book: This Small-Cap Infra Company Secures Order Worth Rs 67,81,00,000; Complete Details Inside!
The company’s shares have delivered an impressive return of over 97 per cent compared to its final IPO issue price.
Vishnu Prakash R Punglia Limited, one of India's rapidly growing infrastructure development firms established in 1986, specializes in designing and constructing projects for Central and State Governments, autonomous bodies, and private entities across 9 states and 1 Union territory.
The company has secured a new project titled "Construction of 15 MLD water treatment plant at Morlem Sattari, including reservoir construction, laying of rising main, and conveying mains in village panchayats Morlem, Poriem, Pissurlem, Honda, and Querim of Sattari taluka" from the Office of Executive Engineer Division XXIV(WS), Public Works Department Sarvana, Bicholim Goa. The contract is valued at Rs 67.81 crore.
Share Performance:
Today Vishnu Prakash R Punglia Limited shares closed the day at Rs 195.30 per share. The company’s current market capitalization stands at Rs 2434.30 crore. The stock has delivered a multibagger return of over 97 per cent in just 1 year only.
Financial performance:
According to the Quarterly Results, in Q4 FY24, Vishnu Prakash R Punglia Limited reported a revenue of Rs 657 crore and an operating profit of Rs 105 crore. The operating profit margin for the quarter stands at 16 per cent. The company’s net profit stood at Rs 67 crore. In FY24, the company reported a revenue of Rs 1474 crore compared to Rs 1168 crore, and a net profit of Rs 122 crore, compared to a profit of Rs 91 crore in the previous year.
According to the company’s shareholding pattern, promoters hold 67.81 per cent, while FIIs (Foreign Institutional Investors) and DIIs (Domestic Institutional Investors) own 1.11 per cent and 4.16 per cent, respectively. Public investors hold a 26.90 per cent stake in the company.
Investors must keep this Small-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
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