According to the quarterly results, the net sales increased by 148.35 per cent to Rs 79.57 crore and net profit skyrocketed by 1,038.90 per cent to Rs 4.10 crore in Q1FY24 over Q1FY23. The profit was boosted by higher revenues amid demand for smart power solutions equipment.

According to the financials, the company has a market cap of 21.17 crore. The net sales increased by 74.50 per cent to Rs 13.76 crore and net profit increased by 53.64 per cent to Rs 0.34 crore in H2FY23 over H2FY22. The net sales increased by 70.26 per cent to Rs 22.55 crore and net profit increased by 34.06 per cent to Rs 0.67 crore in FY23 over FY22.

According to the annual results, the net sales increased by per cent to Rs 1,583 crore and net profit increased by per cent to Rs 130 crore in FY23 compared to FY22. The EPS for FY23 stood at Rs 60.66. The scrip has a PE of 14.70x, a ROE of 20 per cent and a ROCE of 21.60 per cent.

Additionally, the company also announced its quarterly results wherein revenue from operations grew by 148.34 per cent to Rs 79.57 crore, EBITDA skyrocketed by 415.47 per cent to Rs 7.13 crore and PAT skyrocketed by 1,056.34 per cent to Rs 4.10 crore in Q1FY24 compared to Q1FY23.

The net sales increased by 103.78 per cent and net profit increased by 77 per cent in Q4FY23 over Q4FY22. The net sales increased by 42.21 per cent and the net profit skyrocketed by 127.34 per cent in FY23 over FY22. The stock has a PE of 10.04x and a ROE of 47.81 per cent.

According to the financials, the company have a market cap of over Rs 582.51 crore with a 3-year CAGR of 262 per cent. The company reported amazing numbers in its quarterly results and annual results. From Rs 10.67 per share to Rs 564.45 per share, the stock gave astounding returns of 5,190 per cent in just 5 years.

According to the annual results, the net sales increased by 87.63 per cent to Rs 269.57 crore and net profit increased by 173.43 per cent to Rs 11.04 crore in FY23 over FY22. 

The company reported positive numbers in its quarterly results and annual results. The net sales increased by 994 per cent to Rs 3.72 crore and net profit skyrocketed by 1,775 per cent to Rs 0.67 crore in Q4FY23 compared to Q3FY23.

In terms of shareholding pattern, the maximum stake is owned by promoters of the company (71.77 per cent) and the rest is owned by the general public (28.23 per cent).

The Indian government has set a target of achieving 20 per cent ethanol blending in gasoline by 2025, which will be known as E20. Including the aforementioned order, the company has successfully added orders worth over Rs 1,000 crores across its various business divisions, product segments, and JVs during the current fiscal year.