Rs 1,349.65 crore order book: Mukul Agrawal-backed rail infrastructure stock to keep under radar as company reports net sales of Rs 123.06 crore and net profit of Rs 5.86 crore in Q1FY25

The stock gave multibagger returns of 417 per cent in just 1 year and a whopping 2,442 per cent in a decade.

On Wednesday, shares of Oriental Rail Infrastructure Ltd plunged 5 per cent lower circuit to Rs 324.10 per share from its previous closing of Rs 341.15 per share. The stock’s 52-week high of Rs 445 per share while its 52-week low is Rs 60 per share.

Oriental Rail Infrastructure Ltd (BSE Scrip Code: 531859) is engaged in the manufacturing, buying, and selling of all types of recron, seat & berth, compreg boards and is also engaged in trading timber woods and all its products. The company has a market cap of over Rs 2,400 crore. The company reported positive numbers in its Quarterly Results and annual results. Additionally, Oriental Rail Infrastructure announced that the company along with its subsidiary company (Oriental Foundry Private Ltd) has total orders in hand of approx. Rs 1,349.65 crore.

According to quarterly results, the company reported net sales of Rs 123.06 crore and a net profit of Rs 5.86 crore in Q1FY25 while in its annual results, the company reported net sales of Rs 526 crore and a net profit of Rs 30 crore in FY24.

Earlier, the company's wholly-owned subsidiary, Oriental Foundry Private Limited, has recently secured two significant orders from Indian Railways. The first, valued at Rs 432,15,97,524, entails the manufacturing and supply of 1,200 BVCM-C Wagons to the Railway Board by March 31, 2026. Payment terms for this order stipulate a 90 per cent disbursement upon RDSO inspection and material verification, with the remaining 10 per cent payable upon final goods acceptance. Additionally, the company has received a Rs 19,33,83,382.04 order from Rail Coach Factory, Kapurthala, to manufacture and supply various seat components for LHB coaches by April and July 2025. Payment for this order will be released in two instalments: 95 per cent upon inspection and proof of dispatch, and the final 5 per cent upon goods acceptance.

As of June 2024, an ace investor, Mukul Agrawal owns a 5.53 per cent stake in the company. The stock gave multibagger returns of 417 per cent in just 1 year and a whopping 2,442 per cent in a decade. Investors should keep an eye on this rail infrastructure stock under the radar.

Disclaimer: The article is for informational purposes only and not investment advice. 

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