Multibagger Solar Stock Hit Back-To-Back Upper Circuits As EBITDA Increases By 357.71 Per Cent & PAT Surges By 401.56 Per Cent In H1FY25
The stock gave multibagger returns of over 270 per cent from its 52-week low of Rs 140 per share.
On Monday, shares of Australian Premium Solar (India) Limited gained 5 per cent upper circuit to Rs 518.40 per share from its previous closing of Rs 493.75 per share. The stock’s 52-week high is Rs 669.90 per share and its 52-week low is Rs 140 per share. In the recent trading sessions, the stock has been hitting back-to-back upper circuits.
Australian Premium Solar – India (NSE SME ISIN: INE0P0001010), a global leader in solar manufacturing, is one of India's largest solar manufacturers. Specializing in high-quality Monocrystalline and Topcon solar panels, the company is at the forefront of renewable energy technology. Their product portfolio also includes solar grid inverters, solar water pumps and comprehensive EPC services for residential, agricultural and commercial applications. Their recent unaudited financial results for the first half of FY25 demonstrate their commitment to excellence and strategic growth in the rapidly evolving solar market. As India leads the global solar revolution, Australian Premium Solar is strategically positioned to capitalize on this momentum, driven by its team's unwavering commitment to innovation and technical excellence.
Their recent acquisition of land for a state-of-the-art integrated vertical for Topcon panels marks a significant milestone in their growth strategy, enhancing their sustainability efforts. The company is actively expanding its EPC vertical, aiming for higher profit margins while delivering exceptional value to clients. Their solar pump segment is expected to grow significantly, driven by government initiatives and increased rural adoption. As part of their domestic expansion strategy, they are entering new markets, strengthening their leadership position in the solar industry and supporting their commitment to a greener future, in alignment with the ‘Make in India’ initiative.
DSIJ’s 'Tiny Treasure' service recommends researched Small-Cap stocks with Inherent Growth Potential. If this interests you, do download the service details here.
Results: The financial performance of the company has significantly improved in H1FY25 compared to H1FY24. Total income has increased by 102.09 per cent from Rs 81.27 crore in H1FY24 to Rs 164.24 crore in H1FY25. This revenue growth was driven by a strong increase in EBITDA, which rose by 357.71 per cent from Rs 4.26 crore to Rs19.51 crore. Consequently, the EBITDA margin improved from 5.24 per cent to 11.88 per cent, representing a significant increase of 663.29 basis points. Profit after tax (PAT) also saw a substantial growth of 401.56 per cent, increasing from Rs 2.61 crore to Rs 13.08 crore. This led to a significant improvement in the PAT margin from 3.21 per cent to 7.96 per cent, representing an increase of 475.54 basis points. The strong financial performance was reflected in the earnings per share (EPS), which increased by 402.27 per cent from Rs 1.32 to Rs 6.63.
The company have a market cap of over Rs 1,000 crore. The shares of the company have an ROE of 42.5 per cent and an ROCE of 51 per cent. The stock gave multibagger returns of over 270 per cent from its 52-week low of Rs 140 per share. Investors should keep an eye on this small-cap solar EPC stock.
Disclaimer: The article is for informational purposes only and not investment advice.