Over FY20-22, the company's consolidated sales increased at a CAGR of 23 per cent, headed by the headed lighting segment, which increased at a CAGR of 24 per cent during the same period.    

Operating profit stood at Rs 146 crore, an impressive jump of 102.77per cent over FY22.

According to the financials, the company reported excellent quarterly results and annual results. The net sales increased by 11.44 per cent to Rs 512.70 and net profit skyrocketed by 446.13 per cent to Rs 36.57 in FY23 over FY22. The stock is up 60 per cent in just 1 month.

Over the last five years, the company has generated good profit growth at a CAGR of 57.6 per cent.  

Astonishingly, the PAT surged 277.87 per cent from March 2022 quarter to report Rs 427 crore. 

The operating profit for Q4FY23 is at Rs 3.38 crore, surge of 1436.36 per cent on YoY basis as compared to Q4FY22.  

Throughout the year, the company secured orders worth Rs 1,125.22 crore, resulting in an order book closure of Rs 2,522 crore as of March 31, 2023. The current order book stands at approximately Rs 2,650 crore. Notably, the order inflow for the fourth quarter ended March 31, 2023, reached Rs 692.72 crore, showcasing exponential growth compared to the preceding quarter.

Shares of the company grew by more than 15 per cent in the last six months.

Over the last five years, the company has generated a good profit growth of 33.1 per cent CAGR.  

Recently, the company along with its group entities has received orders worth Rs 60 crore for the supply of brass parts to the party to be completed in 1 year span. Earlier to this, the company completed the migration from the BSE SME platform to BSE Mainboard. Additionally, in the financial year 2023-2024, The Board of Directors of the company approved bonus shares in the proportion of 2:3 which had a record date of April 28, 2023.