DSIJ Mindshare

According to the annual results, the net sales increased by 5.42 per cent to Rs 2,838 crore, the operating profit increased by 16.78 per cent to Rs 304 crore and the net profit increased by 25.06 per cent to Rs 194 crore in FY23 over FY22. The EPS for FY23 stood at Rs 28.96.

According to the financials, the company has a market cap of over Rs 350 crore and has delivered good profit growth of 38 per cent CAGR over the last 5 years. Additionally, the company has reported amazing numbers in its quarterly results and annual results.

The shares of the company saw a spurt in volume by more than 1.40 times on BSE. The stock has a PE of 12.03x whereas the sectoral PE is 25.50x.

Order book Update: Significantly, this outstanding order book currently stands at Rs 1,14,336 crore (excluding taxes) with the finalisation of the prestigious Vande Bharat trainset order in April 2023. The President of India owns the majority of the company (63.17 per cent), with the remainder divided among FIIs, DIIs, and the general public.

The stock is up by 41 per cent in just 1 year.