Ashish Kacholia’s & Mukul Agrawal’s portfolio multibagger stock with Rs 100+ crore order book - bags new orders worth Rs 18.53 crore from DLF and ADANI Group

The stock gave multibagger returns of 150 per cent in 1 year and a whopping 520 per cent in 3 years.

Dhabriya Polywood Ltd announces that its wholly owned subsidiary, Dynasty Modular Furnitures Pvt. Ltd., has been awarded work orders/LOIs from prominent entities, DLF Group and ADANI Group.

The first order, from DLF Group, entails the supply and installation of modular kitchens, wardrobes, vanity, and medicine cabinets, with significant terms and conditions specified. Valued at Rs 16.76 crore (inclusive of GST), the domestic project is slated for completion within 12 months, to be executed in various stages according to the order's terms. Similarly, the second order from ADANI Group encompasses the supply and installation of modular kitchen, wardrobes, vanity, and medicine cabinets for domestic use, valued at Rs 1.77 crore (inclusive of GST). This project is scheduled to be completed within 4 months, also to be executed in various stages as per the stipulated terms.

According to the Quarterly Results, the net sales increased by 29.5 per cent to Rs 52.02 crore and net profit increased by 48 per cent to Rs 3.33 crore in Q3FY24 compared to Q3FY23. In its annual results, the net sales increased by 28 per cent to Rs 123.27 crore, operating profit increased by 87.4 per cent to Rs 10.88 crore and net profit increased by 52.09 per cent to Rs 7.60 crore in FY23 compared to FY22. As of December 31, 2023, the company’s order book stands at over Rs 100 crore.

Also Read: From Rs 10.98 to Rs 608.10 per share in just 1 year: Heavy buying in this multibagger micro-cap stock; Hit back-to-back upper circuits & 52-week highs!

Two ace investors, Ashish Kacholia owns 6,96,178 shares or 6.43 per cent stake & Mukul Agrawal owns 4,16,500 shares or 3.85 per cent stake as of December quarter (Q3FY24).

The stock’s 52-week high is Rs 428 and its 52-week low is Rs 108.05. The company has a market cap of over Rs 300 crore. The stock gave multibagger returns of 150 per cent in 1 year and a whopping 520 per cent in 3 years. Investors should keep an eye on this micro-cap stock.

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