Rs 407.95 crore order book and FIIs & DIIs increase stake: Engineering company bags orders worth Rs 1,896 lakh

The stock gave multibagger returns of 520 per cent in 2 years and a whopping 2,625 per cent in 5 years.

Kilburn Engineering Ltd. has announced that it has received various Letters of Intent (LOIs) and orders totalling Rs 1,896 lakh, following its disclosure on November 8, 2024. These orders include Fluid Bed Reactor & Cooler (Rs 915 lakh), Rotary Dryers (Rs 478 lakh), Tea Drying Equipment (Rs 420 lakh) and Spares & Others (Rs 83 lakh). Additionally, M.E Energy Pvt Ltd., a wholly-owned subsidiary of Kilburn, has secured orders worth Rs 4,905 lakh during the current fiscal year. On a consolidated basis, the company has received orders and LOIs amounting to Rs 407.95 crore during the same period. It is important to note that all these orders are part of the Company's regular business operations.

Kilburn Engineering Ltd is engaged in designing, manufacturing and commissioning customised equipment/systems for critical applications in several industrial sectors like chemical, steel, nuclear power, petrochemical & food processing, etc. As of November 2024, FIIs and DIIs increased their stake to 2.21 per cent and 1.54 per cent, respectively compared to September 2024.

On Wednesday, the shares of Kilburn Engineering Ltd gained 0.73 per cent to Rs 496.95 per share from its previous closing of Rs 493.95. The stock’s 52-week high is Rs 511.10 and its 52-week low is Rs 256.95. The company has a market cap of over Rs 2,100 crore and has delivered good profit growth of 55.1 per cent CAGR over the last 5 years. The shares of the company have an ROE of 25 per cent and an ROCE of 30 per cent. The stock gave multibagger returns of 520 per cent in 2 years and a whopping 2,625 per cent in 5 years. Investors should keep an eye on this Small-Cap stock.

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