This SME micro-cap tool maker received an order of Rs 80.24 lakhs, order book of more than Rs 15 crore in the last 2 months!

The company has reputed Client base like TVS, Hero Mahindra, Larsen & Toubro, Supreme Industries, RICO, LG, Motherson, etc.

Sunita Tools Limited has secured a contract for different types of mould base, worth approximately Rs. 80.24 lakhs (including tax).

Sunita Tools is a micro-cap company with a market capital of Rs 116 crores, currently trading at Rs 206 per share. The stock price has soured to Rs 234 as its 52-week high and touched its 52-week low at Rs 116. The promoter holding stood at 73 per cent. The stock price has generated 22 per cent returns in the last 1 one month.

In the half-year performance of FY23 and FY24, the company experienced a substantial increase in its Sales, rising from Rs 5.05 crore to 8.55 crore showing a jump of 69 per cent. Correspondingly, the Operating Profit also witnessed a commendable growth, advancing from Rs 1.72 crore to Rs 2.61 crore. Despite a slight decrease in the Operating Profit Margin (OPM per cent) from 34.06 per cent to 30.53 per cent, the company maintained a healthy profitability level. The Net Profit exhibited a notable surge, escalating from Rs 0.92 crore to Rs 1.60 crore a 73 per cent jump.

Sunita Tools' manufacturing unit is located in Vasai, Mumbai, with a capacity to produce large dimensional products ranging from 200200 mm to 40002000 mm up to 30 tonnes in weight.

The company has a reputed Client base like TVS, Hero Mahindra, Larsen & Toubro, Supreme Industries, RICO, LG, Motherson, etc.

About Company

Sunita Tools Limited manufactures mold base and machining parts for Automotive, Pharmaceutical, Electronics, Consumer Goods, and Manufacturing Sectors.

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