Vaswani Industries Ltd: A Microcap Company with a Huge EPC Contract
Incorporated in 2003, Vaswani Industries Ltd operates across the iron and steel, power, real estate, and agriculture sectors and has recently signed an EPC contract worth Rs 115.13 crore.
Vaswani Industries LtdEpc ContractMicrocap CompanySolar Power PlantIron And SteelPowerReal EstateAgricultureReal EstateSep 29, 2024
The company's shares have delivered an impressive return of over 400% in the past 3 years and over 70% in just 1 year. As per the Quarterly Results, in Q1FY25 Vaswani Industries Ltd recorded a revenue of Rs 91.74 crore compared to Rs 93.55 crore. The operating profit stood at Rs 5.26 crore. The net profit stood at Rs 2.52 crore compared to a profit of Rs 2.76 crore.
Looking at the annual performance, the company generated a revenue of Rs 389 crore in FY24. The operating profit for FY24 was Rs 22 crore with an operating profit margin of 6%. The company reported a net profit of Rs 9 crore in FY24 compared to Rs 6 crore in FY23. According to the company's shareholding pattern, the promoters hold a 58.33% stake while public investors own 41.67% of the shares.
Frequently Asked Questions
What is the value of the EPC contract signed by Vaswani Industries Ltd?
The EPC contract is worth Rs 115.13 crore.
What is the expected completion time for the solar power plant project?
The project is expected to be completed within 240 days from the date of financial tie-up.
What is the operating profit margin of Vaswani Industries Ltd for FY24?
The operating profit margin for FY24 is 6%.
Who are the promoters of Vaswani Industries Ltd?
The promoters hold a 58.33% stake in the company.
What is the current market capitalization of Vaswani Industries Ltd?
The current market capitalization of Vaswani Industries Ltd is Rs 170.31 crore.
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