Multibagger Engineering Company Bags New Orders Worth Rs 3,502 Lakh, Bringing Its Total Order Bookings For The Year To Date To Rs 26,027 Lakh

The stock gave multibagger returns of 120 per cent in 1 year, 600 per cent in 2 years and a whopping 1,550 per cent in 3 years.

Kilburn Engineering Ltd has received various LOIs and orders, totalling Rs 3,502 lakh, including orders for a reactor for the chemical industry (Rs 762 lakh), equipment for offshore platforms (Rs 870 lakh), a waste heat recovery boiler (Rs 775 lakh), paddle dryers (Rs 183 lakh), tea drying equipment (Rs 694 lakh), and spares and others (Rs 218 lakh). Additionally, its wholly-owned subsidiary, M.E Energy Pvt Ltd, has bagged orders worth Rs 4,591 lakh. On a consolidated basis, the company has received orders and LOIs amounting to Rs 26,027 lakh during the year till date.

Kilburn Engineering Ltd is engaged in designing, manufacturing and commissioning customised equipment/systems for critical applications in several industrial sectors like chemical, steel, nuclear power, petrochemical & food processing, etc.

On Friday, the shares of Kilburn Engineering Ltd gained 1.30 per cent to an intraday high of Rs 441 per share from its previous closing of Rs 435.45. The stock’s 52-week high is Rs 500.05 and its 52-week low is Rs 182.

The company has a market cap of over Rs 1,860 crore and has delivered good profit growth of 55.1 per cent CAGR over the last 5 years. The shares of the company have an ROE of 25 per cent and an ROCE of 30 per cent. The stock gave multibagger returns of 120 per cent in 1 year, 600 per cent in 2 years and a whopping 1,550 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. 

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