DSIJ Mindshare

Stellar Results with Multibagger Returns: This Smallcap Company’s Revenue Surged by 2,200 per cent & Profits by 3,200 per cent; Stock Hits All-Time High!
Rakesh Deshmukh

Stellar Results with Multibagger Returns: This Smallcap Company’s Revenue Surged by 2,200 per cent & Profits by 3,200 per cent; Stock Hits All-Time High!

The company’s shares have delivered an impressive return of over 800 per cent in just 2 years.

Authum Investment & Infrastructure Limited is engaged in fund-based activities such as investing in shares, securities, and mutual funds, and providing loans and advances has posted a stellar result.

As per the Quarterly Results, the company reported a revenue of Rs 1,412 crore, representing a growth of 2,213 per cent compared to Rs 61 crore in the same quarter last year. Moving to operating profits, the company reported an operating profit of Rs 1,252 crore with a margin of 89 per cent, compared to Rs 58 crore with a margin of 94 per cent in the same quarter last year.

Furthermore, analyzing the bottom line, the company’s net profit stood at Rs 1,093 crore compared to Rs 33 crore, representing a 3,212 percent gain. EPS for the latest quarter stood at Rs 64.34 per share, a significant jump of 3,251 per cent from Rs 1.92 per share.

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.

Since the announcement of the results, the shares of Authum Investment & Infrastructure Limited have shown a skyrocketing move over the past 3 days, rallying around 40 per cent. Today, it closed at Rs 1,409.75 per share on the BSE, marking its all-time high price.

The company’s current market capitalization stands at Rs 23,943 Crore. additionally, the shares of the company have delivered multibagger returns of over 180 per cent in the past 1 year only.

Turning your attention to the company’s shareholding pattern, Promoters own a 74.95 per cent stake in the company, which was 74.72 per cent in the past quarter, while FIIs have also increased their stake in the company from 7.19 per cent to 7.23 per cent as per the latest quarterly update.

Investors must keep this Small-Cap company on their radar.

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

Previous Article All-Time High Alert: Share of Railway Company Providing Anti-Collision Devices and Safety Signal Systems for Indian Railways Hits Upper Circuit Today!
Next Article Rekha Jhunjhunwala, Ashish Kacholia, and Mukul Agrawal Gain Rs 12.94 Crore, Rs 5.24 Crore, Rs 4.03 Crore Today in This Stock; Do You Own It?
Print
439 Rate this article:
4.2
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR