Multibagger Returns from 52-Week Low; Board Announces 29:50 Bonus Issue of Shares

The stock has given multibagger returns of 127 per cent from its 52-week low of Rs 59.57 per share and a whopping 966 per cent in 5 years.

Focus Business Solution Ltd's Board has recommended a bonus issue of equity shares in a ratio of 29:50, meaning 29 bonus shares for every 50 existing shares held, subject to shareholder approval. These bonus shares, with a face value of ₹10 each, will be issued from the company's free reserves and/or securities premium account as of March 31, 2025, totalling approximately Rs 2,67,22,311 (2,672,231 equity shares). This will increase the company's paid-up share capital from Rs 4,60,72,950 to Rs 7,27,95,261, and the bonus shares are expected to be credited or dispatched by August 19, 2025.

Focus Business Solution Ltd, established in 2006, specialises in providing debt recovery and collection services for banks, Non-Banking Financial Companies (NBFCs), and various other financial institutions. Operating as an authorised recovery and collection agent, the company primarily focuses on managing delinquent accounts, employing traditional methods such as telecalling and field visits. Their operations involve deploying personnel to conduct on-site visits and collect overdue payments, in addition to repossessing vehicles and other hypothecated assets from defaulting borrowers.

The company reported excellent numbers in its half-yearly (H2FY25) and annual results (FY25). The net sales increased by 12 per cent to Rs 23.91 crore and net profit increased by 28 per cent to Rs 0.74 crore in FY25 compared to FY24.

The company has a market cap of Rs 62.20 crore. The stock has given multibagger returns of 127 per cent from its 52-week low of Rs 59.57 per share and a whopping 966 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.