This Micro-Cap Bagged Order Worth Rs 9,57,00,000 from 3M India; Stock Hits Upper Circuit Today

The company’s shares have delivered an impressive return of over 70 per cent compared to its final IPO issue price.

Founded in 2017, Blue Pebble Limited specializes in offering interior design and environmental branding solutions. The company has secured a purchase order from 3M India Limited for a commercial design and build project in Bangalore valued at Rs 9.57 crore, excluding taxes. The contract is scheduled to be completed within 16 weeks.

Share Performance:

Today Blue Pebble Limited shares closed the day at Rs 284.45 per share. The company’s current market capitalization stands at Rs 105.88 crore. The stock has delivered a return of around 70 per cent compared to the final IPO issue price of Rs 168.

Financial performance:

According to the Quarterly Results, in Q4 FY24, Blue Pebble Limited reported a revenue of Rs 8.88 crore and an operating profit of Rs 1.13 crore. The operating profit margin for the quarter stands at 12.73 per cent. The company’s net profit stood at Rs 0.83 crore. In FY24, the company reported a revenue of Rs 22.06 crore compared to Rs 15.92 crore, and a net profit of Rs 3.75 crore, compared to a profit of Rs 2 crore in the previous year.

Blue Pebble Limited provides conceptualization, design, printing, furnishing, and installation of vinyl graphics, signage, and various furnishing products, including but not limited to 3D walls, frost/clear glass films, artifacts, wall panels, murals, and sculptures for corporate interiors and external workplace environments. Its printing and design services encompass themed designs, large format printing, vinyl printing, fabric printing, canvas printing, signage fabrication, and 3D art installation.

The company's clients include companies from the banking sector, MNCs, and IT sectors such as Infosys Limited, HDFC Bank Limited, American Express, Bank of America, Nestle, British Petroleum, and Moody's, among others. Headquartered in Mumbai, the company also has a presence in Delhi, Maharashtra, Gujarat, Uttar Pradesh, Telangana, Odisha, Madhya Pradesh, Punjab, Tamil Nadu, and other locations.

Investors must keep this micro-cap stock on their radar.

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