The shares of the versatile construction company gained up to 14 percent after the company bagged a prestigious work order for Rs 91.50 crore from Telecommunication Consultants India Limited.
With a market capitalization of Rs 200.23 crore, the shares of Brahmaputra Infrastructure Ltd (BO:BRAH) were trading at Rs 68.52 per share, increasing around 7.58 percent as compared to the previous closing price of Rs 64.51 apiece.
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Reason for Rise:-
The share of the company has seen a positive movement after Brahmaputra Infrastructure Ltd bagged a prestigious work order for Rs 91.50 crore from Telecommunication Consultants India Limited for construction of EMRS (Eklavya Model Residential School) at Aalo, Village (Combo) Distt West Siang, in the state of Arunachal Pradesh & Construction of EMRS (Eklavya Model Residential School) at Ziro II, Village ( Comp (WA:CMP)) Distt Lower Subansiri, in the state of Arunachal Pradesh.
Financial Performance:-
Looking into Brahmaputra Infrastructure Ltd’s performance, revenue increased by 1 percent from Rs 53.61 Crore in Q1FY23 to Rs 54.01 Crore in Q1FY24. During the same time frame, net profit increased by 26 percent from Rs 3.55 crore to Rs 4.49 crore.
Remarkable return:-
The stock has delivered returns of 35.40 percent in the last one year and a multi-bagger return of 253.69 percent in 5 years. A shareholder’s investment of Rs. 1 lakh in the company would be worth Rs. 3.53 lakh in 5 years.
Order and Recent Order:-
As of now, Brahmaputra Infrastructure Ltd has an order book of approximately Rs 1,150 crore. This figure was reported as of June 21, 2024, and reflects the company’s ongoing projects and contracts in the civil construction sector
Recently, the company secured a significant contract worth Rs 91.5 crore for the construction of Eklavya Model Residential Schools in Arunachal Pradesh, which is expected to be completed within 24 months. Additionally, earlier in June 2024, it was awarded a contract worth Rs 50.80 crore from the National Highway Authority of India for road construction in Assam.
Ratio analysis:-
The company’s critical ratios show that the return on equity increased from 7.10 percent in FY22-23 to 9.92 percent in FY23-24, while the return on capital employed decreased from 12.96 percent to 8.43 percent. The net profit margin (NPM) for fiscal year 22-23 is 7.80 percent.
Shareholding pattern:-
In the company’s recent shareholding pattern, the Promoters of the company own 74.05 percent while Retail shareholders own a 25.53 percent stake in the company, and Foreign Institutional Investors own a 0 percent stake.
Company profile:-
Brahmaputra Infrastructure Limited is an India-based company, which is engaged in the business of engineering, procurement, and construction (EPC) and real estate. The Company operates through two segments: the EPC Division and the Real Estate Division.
Written by:- Abhishek Singh
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