Penny Stock Under Rs 15: Company Reports Stellar Q2 FY25 Performance with Profit Soaring Over 1,000 Per cent – Stock Hits Upper Circuit Today
The company’s shares have delivered multibagger returns of over 960 per cent to its shareholders in just 3 years only.
This micro-cap company is a leading name in the industrial sector, has released its Quarterly Results for the quarter ending September 30, 2024 (Q2 FY25), alongside a significant international order secured by its subsidiary, GTL Gems DMCC. Today, the company shares rallied and hit the upper circuit.
Q2 FY25 Performance
Gujarat ToolRoom Ltd reported impressive financial growth for Q2 FY25, with revenue from operations rising 2.33 per cent quarter-on-quarter to Rs 270.51 crores, up from Rs 264.35 crores in Q1 FY25, and surging 72.66 per cent year-on-year from Rs 156.68 crores in Q2 FY24. Looking at the net profit (Profit After Tax) also saw substantial growth, increasing 17.85 per cent quarter-on-quarter to Rs 26.79 crores from Rs 22.73 crore and achieving a remarkable 1,016 per cent rise year-on-year from Rs 2.40 crore. Earnings Per Share (EPS) followed suit, climbing to Rs 4.82, up from Rs 4.09 in Q1 FY25 and significantly higher than Rs 0.43 in Q2 FY24.
Operational Highlights
The company’s Dubai-based subsidiary, GTL Gems DMCC, has secured a significant international import-export order valued at AED 50 million (approximately Rs 114 crores), which is expected to be completed within the current quarter. The anticipated profit margins for this order are projected between 5 per cent and 7.5 per cent.
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Additionally, GTL Gems DMCC is engaged in advanced discussions for further orders exceeding AED 100 million (around Rs 228 crores), which are anticipated in the coming quarters.
Outlook and Strategic Focus
Gujarat ToolRoom Ltd is poised to capitalize on the favourable government policies outlined in the Union Budget 2024, particularly those supporting e-commerce export hubs and adjustments in customs duties, to enhance operational efficiencies. Additionally, the company is actively exploring diversification opportunities, particularly in renewable energy and green initiatives, while continuing to invest in technology and infrastructure. These strategic efforts are aimed at fostering scalable growth and improving customer satisfaction.
Currently, the shares of Gujarat ToolRoom Ltd are at around Rs 12.16 per share. The company’s current market capitalization stands at Rs 194.73 crore. Additionally, the shares have delivered a multibagger return of over 3,100 per cent in the past 5 years.
Investors must keep this penny stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.