Rekha Jhunjhunwala's Portfolio Stock Posts Stellar Q3 Results: PAT up 64 Per Cent, Sales Up 74 Per Cent
Raghav Productivity Enhancers reported highest ever net sales of Rs 55.04 crore, representing a 73.63 per cent year-on-year (YoY) increase.
Raghav Productivity Enhancers Ltd, a smallcap gem in the manufacturing of quartz-based ramming mass, quartz powder, and tundish boards under the brand name "Raghav," has delivered stellar financial results in the latest quarter. The company has demonstrated remarkable growth across key metrics, highlighting its operational efficiency and strong market position.
Financial Performance
Raghav Productivity Enhancers reported highest ever net sales of Rs 55.04 crore, representing a 73.63 per cent year-on-year (YoY) increase. This exceptional growth trend has been consistent over the past five quarters.
The company’s operating profit (EBITDA) surged to Rs 14.37 crore, showcasing significant improvements in operational efficiency. Profit before tax (PBT) rose by 52.92 per cent YoY, reaching Rs 12.31 crore. Meanwhile, the profit after tax (PAT) jumped to Rs 9.81 crore, marking an impressive 64.3 per cent increase compared to the same period last year.
In today’s intraday trading session, Raghav Productivity Enhancers' stock gained 8.22 per cent to hit day’s high of Rs 685.00. While the Nifty 50 index rose marginally by 0.14 per cent.
The company is backed by prominent investors. Rekha Rakesh Jhunjhunwala holds a 4.80 per cent stake, while Utpal Sheth and Mukul Agarwal hold 3.62 per cent and 1.55 per cent stakes, respectively.
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Stock Price Performance
The company’s stock has been a consistent outperformer, delivering 84.62 per cent growth over the past year and generating multibagger returns of 2240 per cent over the past five years. With a market capitalization of Rs 2,910.85 crore, the stock has recorded a 52-week high of Rs 889.50 and a 52-week low of Rs 475.53.
About the Company
Incorporated with a focus on manufacturing high-quality quartz-based products, Raghav Productivity Enhancers Ltd caters to diverse industries by offering premium-grade ramming mass, quartz powder, and tundish boards. The company's commitment to quality and innovation has solidified its reputation as a leader in its niche sector.
Disclaimer: This article is for informational purposes only and not investment advice.