Multibagger Defence Company Bags Multiple Orders Worth Rs 79,63,42,985, Stock Gains Over 28,400 Per cent Returns in Just 5 Years!

The company’s shares have delivered a multibagger of over 300 per cent to its shareholders in just 1 year.

Incorporated in 2005, This defence company is specializing in manufacturing critical components for defence, electric vehicles, and software development. The company is engaged in the fabrication and machining of components used in the defence sector, as well as the assembly of components for electric vehicles (EVs). It also offers strategic products and conducts related research advancements through its E-Vehicles division and the BVM R&D Foundation.

Nibe Ltd has received 2 purchase orders from one of the leading infrastructure and defence companies for the supply of FCR trailers and shelters, including surface treatment and air conditioning, for a total consideration of Rs 79,63,42,985 (Rupees Seventy-Nine Crores Sixty-Three Lakh Forty-Two Thousand Nine Hundred and Eighty-Five Only) (inclusive of all taxes and duties).

On Friday, shares of Nibe Ltd closed at around Rs 1837.60 per share. The company’s current market capitalization stands at Rs 2413.17 crore. The stock has delivered a return of over 300 per cent in just 1 year.

As per the Quarterly Results, in Q1 FY25, Nibe Ltd recorded a revenue of Rs 109.28 crore compared to Rs 25.75 crore representing a gain of 324 per cent. The operating profit for Q1 FY25stood at Rs 15.48 crore with an operating margin of 14.17 per cent. The net profit for Q1 FY25 was Rs 7.86 crore compared to Rs 1.31 crore representing a gain of 500 per cent. Looking at the annual performance, the company generated a revenue of Rs 279 crore in FY24. The operating profit for FY24 was Rs 37 crore with a net profit of Rs 22 crore.

Investors must keep this Small-Cap stock on their radar.

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