Multibagger penny stock under Re 1 locked in the upper circuit as company reports a 1,088 per cent jump in PAT

The stock is up by 97 per cent from its 52-week low of Rs 0.34 per share and gave multibagger returns of 645 per cent in 5 years.

Today, shares of Excel Realty N Infra Ltd were locked in a 2 per cent upper circuit to Rs 0.67 per share from its previous closing of Rs 0.66 per share. The stock’s 52-week high is Rs 0.90 and its 52-week low is Rs 0.34.

Excel Realty N Infra Limited, formerly Excel Infoways Limited, was established in 2003 and operates in infrastructure development, IT-enabled BPO services, and general trading. The company's IT/BPO segment provides customer care and workflow management services. General trading contributed 5.2 crores and infrastructure activities contributed 1.23 crores to FY23 revenue.

With a focus on residential and annuity businesses, Excel Realty has undertaken projects like collaborating with Siliconn Infracon for agricultural land development, completing stormwater drainage for Arshiya International Ltd.’s FTWZ project with Coastal Projects Ltd, constructing an intake at Modak Sagar Tunnel with NSB Infrastructure Ltd and executing a mining project for EMTA Coal Limited with Safal Infra Projects Ltd.

According to standalone Quarterly Results, the net sales decreased by 23.2 per cent to Rs 0.49 crore while operating profit increased by 606.5 per cent to Rs 0.76 crore and net profit increased by 1,088.6 per cent to Rs 0.52 crore in Q1FY25 compared to Q1FY24.

According to consolidated quarterly results, the net sales decreased by 23.2 per cent to Rs 0.49 crore while operating profit increased by 252 per cent to Rs 0.78 crore and net profit increased by 245 per cent to Rs 0.55 crore in Q1FY25 compared to Q1FY24.

In its consolidated annual results, the company reported net sales of Rs 2.58 crore in FY24 compared to Rs 6.55 crore in FY3. The company reported a turnaround net profit of Rs 0.97 crore in FY24 compared to a net loss of Rs 0.34 crore in FY23, an increase of 385 per cent.

The company has a market cap of Rs 94.52 crore and stock is trading at 0.54 times its book value. The stock is up by 97 per cent from its 52-week low of Rs 0.34 per share and gave multibagger returns of 645 per cent in 5 years. Investors should keep an eye on this micro-cap stock.

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

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