Rs 227 Crore Order Book: Multibagger Engineering Company Secures Orders Worth Rs 10,26,00,000; Stock Gains Over 250 per cent in Just 1 Year!
The company’s shares have delivered an impressive return of over 1500 per cent in the past 3 years only.
Kilburn Engineering Ltd specializes in the design, manufacturing, and commissioning of customized equipment and systems tailored for critical applications across various industrial sectors. These sectors include Chemical, Steel, Nuclear Power, Petrochemical, and Food Processing, among others. The company's expertise lies in delivering solutions that meet the specific needs and challenges of each industry, ensuring reliability and efficiency in their equipment and systems.
During the first quarter ended June 30, 2024, the Company has secured significant orders across various sectors. Recently it has received Letters of Intent (LOIs) totalling Rs 88.31 crore for six rotary dryer packages from a reputed Carbon Black manufacturer, encompassing both domestic and export markets.
In addition to the aforementioned Carbon Black order, the Company has also secured various other LOIs and orders. These include Rs 3.50 crore for Granulator equipment for fertilizers, Rs 4.70 crore for Fluid Bed Dryer for CPVC, Rs 4.21 crore for VFBD and related products, and Rs 1.88 crore for Spares. Cumulatively, these orders amount to Rs 10.26 crore.
In aggregate, the Company has bagged orders totalling Rs 160.17 crore during the first quarter of the fiscal year 2024-25, reflecting a strong performance and diversified client base across multiple industries.
Kilburn Engineering Ltd shares closed the day at Rs 450.20 per share. The company’s current market capitalisation stands at Rs 1882.75 crore. The stock has delivered a return of over 250 per cent in just 1 year.
As per the Quarterly Results, in the fourth quarter of FY24, Kilburn Engineering Ltd recorded a revenue of Rs 122 crore. The operating profit for Q4 FY24 stood at Rs 31 crore. The net profit for Q4 FY24 was Rs 23 crore. Looking at the annual performance, the company generated a revenue of Rs 329 crore in FY24. The operating profit for FY24 was Rs 76 crore, with a net profit of Rs 51 crore.
Investors must keep this Small-Cap stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
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