160 Per Cent Returns: Smallcap Multibagger Company Reports 22 Per Cent Profit Growth; EBITDA Up 17 Per Cent
Over the last three years, the stock has delivered a stellar return of 167.57 per cent. The company’s market capitalization stands at Rs 2,228 crore.
Foseco India Ltd has posted impressive financial results for Q4 CY24, delivering double-digit growth in revenue, EBITDA, and net profit despite a decline in its stock price over the past year.
Financial Performance
The company’s sales increased 12 per cent YoY to Rs 136.5 crore, compared to Rs 122.3 crore in Q4 CY23. EBITDA rose 17 per cent YoY to Rs 22.9 crore, up from Rs 19.5 crore in the same period last year.
Net profit saw a 22 per cent YoY jump, reaching Rs 19.6 crore, compared to Rs 16.3 crore in Q4 CY23. EPS grew 20 per cent YoY, improving to Rs 30.61 from Rs 25.54 in the previous year’s quarter.
Stock Performance
Despite strong earnings growth, the stock has declined 3.17 per cent over the past year, in line with the Nifty’s 1.43 per cent decline. However, over the last three years, the stock has delivered a stellar return of 167.57 per cent. The company’s market capitalization stands at Rs 2,228 crore.
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About the Company
Established in 1958, Foseco India Ltd is a leading manufacturer of specialty products used in the metallurgical industry, particularly additives and consumables that enhance the physical properties and performance of castings.
The company is the only supplier offering products and services across the entire foundry process in both ferrous and non-ferrous areas. Its solutions cater to industries such as Automotive, Railways, Heavy Transport, Construction, Mining, General Engineering, Petrochemicals, and Power.
With consistent earnings growth, industry leadership, and long-term value creation, Foseco India remains a strong player in the metallurgical sector despite recent market volatility.
Disclaimer: This article is for informational purposes only and not an investment advice.