The company has a market cap of 1,376.16 crore with a 3-year CAGR of 21 per cent. The stock has a PE of 14.50x whereas the sectoral PE is 32x. The company reported excellent numbers in both quarterly results and annual results. As of March 31, 2023, the company possesses a robust order book valued at Rs 9,513 crore.

In H2FY23, the company reported a 184.22 per cent increase in net sales YoY.

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

The company has maintained a healthy dividend payout of 72.0 per cent.  

The company recorded the highest order book of Rs 4 lakh crore and order inflows for FY23 were over 2 lakh crore (19 per cent YoY growth).

The company has reported positive numbers in financial results.

The company’s operational performance remains strong with average EBITDA exceeding Rs 1,000 crore per annum since commissioning over the last 8 years. 1,350 MW Amravati Power Plant has full PPA with Maharashtra discom MSEDCL and full coal linkage with Coal India subsidiary South Eastern Coalfields Limited.

The shares of the company saw a spurt in volume by more than 2 times on BSE. The stock gave multibagger returns of 110.44 per cent from its 52-week low of Rs 125.60 per share. The stock is up by 20 per cent in 1 month and over 30 per cent in 3 months.

The remaining 40 per cent of the equity share capital would be bought over the fiscal year 2025-2026 for a maximum consideration of Rs 360 crore

Talking about the financials, the company reported positive results in its quarterly and annual financial statements. In the fiscal year 2022-2023, the company reduced its debt, and as of today, its total debt is only about Rs 30 crore. The company has provided a healthy dividend pay-out in the current fiscal year with a dividend yield of 2.50 per cent. The firm has a PE of 21x whereas the sectoral PE is 45.50x.