DSIJ Mindshare

The company has a market cap of Rs 5,000 crore. Furthermore, the company have approved a dividend of 75 per cent or Rs 0.75 per share of a face value of Rs 1 each for the financial year March 31, 2023.

Shares of the company have gained more than 200 per cent in the last six months.

Earlier, the company announced stellar financial performance for the quarter ended June 30, 2023. The revenue from operations grew by 143.42 per cent to Rs 1894.66 lakh, EBITDA increased by 226.88 per cent to Rs 53.02 lakh and PAT increased by 145 per cent to Rs 33.88 lakh in Q1FY24 compared to Q1FY23.

According to the annual results, the net sales increased by 75.89 per cent to Rs 1,091 crore and net profit increased by 38.73 per cent to Rs 39.40 crore in FY23 over FY22. The shares of the company have a PE of 16x, an ROE of 16 per cent and a ROCE of 18 per cent.

It is engaged in developing, owning, and operating a diversified portfolio of wind energy power plants. The company has a market cap of over Rs 1,000 crore with a 3-year stock price CAGR of 86 per cent.