Double Delight! 2:1 Bonus Share & 80 Per Cent Dividend Announced: Pump Manufacturing Stock with 1100 Per Cent Multibagger Returns in Just 5 Years
The stock is up by 53 per cent from its 52-week low of Rs 179.65 per share and has given multibagger returns of 1,000 per cent in 5 years.
The Board of Directors of Roto Pumps Ltd has recommended a final dividend of Rs 0.80 per equity share (80 per cent) for the financial year ending March 31, 2025, which will be payable to shareholders holding shares on the record date of July 11, 2025, following approval at the upcoming Annual General Meeting. Additionally, the Board has proposed a bonus issue of equity shares in the ratio of 2:1, meaning two new equity shares of Rs 1 each will be issued for every one existing equity share held on the same record date of July 11, 2025, subject to shareholder approval via postal ballot or remote e-voting.
Established in 1968, Roto Pumps Ltd is recognised as a pioneering manufacturer of Progressive Cavity Pumps in India, offering dependable and effective pumping solutions for various sectors like Wastewater, Sugar, Paper, Oil & Gas and Food & Beverages. The company specialises in producing industrial pumps, including progressive cavity and single- and twin-screw types, often customised for high fluid viscosity applications in industries such as wastewater treatment, oil and gas and marine. Notably, the company exports its products to over 50 countries and in February 2024, its wholly-owned subsidiary, Roto Energy Systems Limited, commenced commercial production of Submersible Helical Rotor Pump Sets, Submersible Centrifugal Pump Sets, Solar Controllers with Remote Monitoring and Surface Helical Rotor Pumps. The company's main office is located in Noida, Uttar Pradesh.
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Talking about the finances, the company is a Small-Cap having a market cap of over Rs 1,600 crore and reported positive numbers in its Quarterly Results (Q4FY25) and annual results (FY25). Earlier, the shares of the company ex-traded stock split of shares in a 2:1 ratio which had an ex-record date of November 08, 2024 and an ex-traded bonus share in a 1:1 ratio which had an ex-record date of July 07, 2023. The company's shares have an ROE of 22 per cent and an ROCE of 25 per cent. The stock is up by 53 per cent from its 52-week low of Rs 179.65 per share and has given multibagger returns of 1,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.