600 Per cent Multibagger Return in Just 1 Year; Engineering Company Secures Rs 11 Crore Order from Nayara Energy
The company’s shares have delivered a multibagger return of over 600 per cent in just 1 year.
Incorporated in 2013, RBM Infracon Ltd specializes in the engineering, execution, testing, commissioning, operation, and maintenance of mechanical and rotary equipment for industries such as oil & gas refineries, cement, fertilizers, petrochemicals, and coal/gas-based power plants.
The company has received a work order from Nayara Energy Ltd valued at Rs 11 crore for the maintenance and inspection (M&I) of LPG and Hydrogen Spheres. The order is set for execution from September 21, 2024, to September 30, 2027.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
Today, the shares of RBM Infracon Ltd closed at Rs 908 per share on the NSE. The company’s current market capitalization stands at Rs 917.35 crore. Additionally, the shares have delivered a multibagger return of over 600 per cent in Just 1 Year.
As per the Quarterly Results, RBM Infracon Ltd recorded a revenue of Rs 38.85 crore compared to Rs 19.52 crore. The operating profit stood at Rs 4.78 crore. The net profit stood at Rs 3.29 crore compared to a profit of Rs 0.94 crore. Looking at the annual performance, the company generated a revenue of Rs 130 crore in FY24. The operating profit for FY24 was Rs 19 crore with an operating profit margin of 15 per cent. The company reported a net profit of Rs 11 crore in FY24 compared to Rs 2 crore in FY23 representing a 450 per cent YoY growth.
According to the company's shareholding pattern, the promoters hold a 60.53 per cent stake while public investors own 39.47 per cent of the shares.
Investors must keep this Small-Cap company on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
Related articles
-
Rs 5,000+ Crore Order Book: Engineering Company Bags New Order Worth Rs 59,00,000 From Paushak Limited
-
Multibagger Defence Company Wins L1 Bid for Prestigious Water Treatment Plant Project in Northern India – Q2 FY25 Profit Soars 180 Per cent, Margins Nearly Double
-
Multibagger Defence Stock Hits Upper Circuit; Secures Order Worth Rs 52,90,16,880 – Profit Surges 180 Per cent, Margins Nearly Double in Q2 FY25
-
Rs 5,000+ crore order book: Oil Equipment & Services Company Bags Multiple Orders Worth Rs 60,47,500 In Just 1 Day From Transrail Lighting Ltd
-
1,000 Per cent Multibagger Returns in Just 6 Months; Microcap Company Secures Rs 2,47,93,000 Order from Food Corporation of India