Under Rs 110: This Microcap Railway Company Bags Order Worth Rs 34,94,70,000 from K-Ride, a Rail Infrastructure Development Company!

Rakesh Deshmukh
Under Rs 110: This Microcap Railway Company Bags Order Worth Rs 34,94,70,000 from K-Ride, a Rail Infrastructure Development Company!

The company’s shares have delivered an impressive return of over 100 per cent in the past 1 year.

Incorporated in 1995, BCPL Railway Infrastructure Ltd specializes in executing Railway Electrification Projects, turnkey OHE projects, and other endeavours for Railway and governmental entities. The company engages in comprehensive Railway Infrastructure development, encompassing design, drawing, supply, erection, and commissioning of 25KV, 50Hz Single Phase Traction Overhead Equipment. In the fiscal year 2022, BCPL expanded its operations into the merchant export sector, exporting food products such as maize, onions, and oil cakes to Bangladesh and other destinations.

Recently, BCPL Railway Infrastructure Ltd secured a significant order from K-Ride (Rail Infrastructure Development Company (Karnataka) Limited). The order entails the "Design, Supply, Erection, Testing & Commissioning of 25kV, AC, 50Hz, Single phase, Traction Over Head Equipment" for the doubling of railway tracks in the Bangalore division of Southwestern Railway. This includes the sections from Banaswadi to Baiyyappanahalli a Cabin, Baiyyappanahalli A Cabin to Bellandur Road, and Anekal Road to Hosur, totaling approximately 35.5 track kilometers. The project, valued at Rs 349.47 million, is scheduled to be completed over a period of 15 months.

On Friday BCPL Railway Infrastructure Ltd shares closed the day at Rs 102.02 per share. The company’s current market capitalization stands at Rs 170.61 crore. The stock has delivered a return of over 105 per cent in just 1 year.

As per the Quarterly Results, in the fourth quarter of FY24, BCPL Railway Infrastructure Ltd recorded a revenue of Rs 25.87 crore. The operating profit for Q4 FY24 stood at Rs 0.53 crore. The net profit for Q4 FY24 was Rs 0.62 crore. Looking at the annual performance, the company generated a revenue of Rs 87.93 crore in FY24, compared to Rs 122.79 crore in FY23. The operating profit for FY24 was Rs 7.60 crore, with a net profit of Rs 5.36 crore.

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

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

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.

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