1:1 bonus share & Rs 3,309 crore order book: This multibagger civil construction company declared L1 (first lowest) for order worth Rs 554.94 crore from RVNL

The stock gave multibagger returns of 350 per cent in just 1 year and a whopping 860 per cent in 3 years.

GPT Infraprojects Limited (GPTINFRA) has been declared L1 (First Lowest) in an order valued at  Rs 554.94 crore by Rail Vikas Nigam Limited (RVNL). This contract involves the construction of various elements for an elevated expressway project in West Bengal. Specifically, GPTINFRA will be responsible for building the viaduct portion of the elevated corridor, railway overbridges (excluding steel spans), entry and exit ramps, underpasses, and other related structures. Additionally, they will construct/reconstruct/widen culverts, an NHAI office building, and handle other miscellaneous works including electrification and lighting.

Earlier the company secured a new order valued at Rs 487 crore in a joint venture for the construction of a new broad gauge railway line between chainage 52,500 and 83,200 in the Solapur-Osmanabad section of Central Railway's Solapur Division, Mumbai. This project marks a significant win for GPT, with their share of the venture amounting to 26 per cent. The outstanding order book for the company now stands at approximately Rs 3,309 crore with a total order inflow for Fiscal 2025 of Rs 187 crore.

Furthermore, the Board of Directors of the company have recommended a bonus issue in the ratio 1:1 i.e., 1 equity share of Rs 10 each for every 1 equity share of Rs 10 each held by the shareholders by the capitalization of Reserves, subject to approval of the same through postal ballot.

Established in 1980, GPT Infraprojects Limited, the leading infrastructure arm of Kolkata-based GPT Group, is a prominent player in both railway-focused civil and infrastructure projects (including bridges and ROBs) and concrete sleeper manufacturing for railways in India and Africa (with units in South Africa, Namibia, and Ghana). GPT stands out for its strong project execution capabilities, financial stability, and promising growth across its operations.

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According to Quarterly Results, the net sales increased by 10 per cent to Rs 295.01 crore and net profit increased by 40.5 per cent to Rs 15.08 crore in Q4FY24 over Q4FY23 while in its annual results, the net sales increased by 25.9 per cent to Rs 1,018.28 crore and net profit increased by 98.1 per cent to Rs 56.52 crore in FY24 over FY23.

The company has a market cap of over Rs 1,300 crore. The stock gave multibagger returns of 350 per cent in just 1 year and a whopping 860 per cent in 3 years. Investors should keep an eye on this Small-Cap stock.

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