Multibagger Small-Cap EPC Company Bags 5 Orders Worth Rs 21.73 Crore, Order Book Reaches Rs 787.77 Crore – Profit Surges 4x in Q2FY25
The company’s shares have delivered an impressive return of over 170 per cent in the past year.
This Small-Cap infra company that specializes in providing engineering, procurement, and construction (EPC) services for building and infrastructure projects has secured orders from different clients.
Sathlokhar Synergys E&C Global Limited has received new orders amounting to Rs 21.73 crore (inclusive of GST), increasing its total order book value to approximately Rs 787.77 crore (excluding GST), to be executed over the next 6 to 18 months. The details of the orders are as follows:
- Reliance Mappedu Multi Modal Logistics Park, Chennai: An order worth Rs 12.51 crore for civil works at the proposed factory in Mappedu, Chennai.
- Manpro Equipments Private, Chennai: An order worth Rs 5.90 crore for civil and PEB works at SIPCOT Industrial Park, Sriperumbudur, Chennai.
- Araymond India Private, Pune: An order worth Rs 2.40 crore for land development and compound wall construction at SIPCOT Aerospace Park, Sriperumbudur.
- Vinfast Auto India Private, Delhi: An order worth Rs 0.78 crore for the supply and erection of a cooling tower at its factory in Thoothukudi, Tamil Nadu.
- Camfil India Private, Gurgaon: An order worth Rs 0.14 crore for louver fixing works at its factory in Trichy, Tamil Nadu.
Share Performance
On Tuesday, the shares of Sathlokhar Synergys E&C Global Limited closed the day at around Rs 378 per shares on the NSE. The current market capitalization stands at Rs 912.42 crore. The company’s shares have delivered an impressive multibagger return of around 170 per cent compared to the final IPO price of Rs 140 each.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
Financial Performance
The company doesn’t announce Quarterly Results, and in half-yearly results in September 2024, Sathlokhar Synergys E&C Global Limited reported a revenue of Rs 142 crore compared to Rs 46 crore. The company posted an operating profit of Rs 23 crore with a margin of around 16 per cent compared to Rs 5 crore with a margin of around 12 per cent. The company reported a net profit stood at Rs 16 crore for the period compared to a profit of Rs 4 crore.
Looking at the annual performance, the company generated a revenue of Rs 247 crore in FY24 compared to Rs 87 crore in FY23 representing a growth of around 184 per cent YoY. The operating profit for FY24 was Rs 36 crore compared to a profit of Rs 8 crore in FY23. The company reported a net profit of Rs 26 crore compared to a profit Rs 5 crore.
Disclaimer: The article is for informational purposes only and not investment advice.
Related articles
-
Rs 11,872 Crore Order Book: Defence Engineering Company Secures Rs 246.78 Crore Order for 48 BH60M Rear Dump Trucks from Central Coalfields
-
Rs 5,254 Crore Order Book: Navratna PSU Jumps Over 5 Per Cent; Company Bagged Order Worth Rs 170,25,70,543 From EPFO
-
Rs 1,60,000 crore order book: President of India-backed heavy electrical equipment stock surged 4.9 per cent; Reports a turnaround net profit in Q2FY25
-
1:2 bonus share & Rs 81,000 crore order book: Civil Construction Company Bags New Order Worth Rs 112 Crore From Minorities & Backward Classes Welfare Department
-
Rs 60,631 Crore Order Book: Engineering & Construction Company Bags New Orders of Rs 2273,00,00,000