Mukul Agrawal Holds 5.53 Per cent Stake; Railway Infra Company Secures Order Worth Rs 1,11,01,440 from Integral Coach Factory – Net Profit Surged by 900 Per cent!
The company’s shares have delivered an impressive return of around 95 per cent to its shareholders in just 1 year.
This Small-Cap railway infra company has secured an order valued at Rs 1,11,01,440 (Rupees One Crore Eleven Lakh One Thousand Four Hundred Forty only) from Integral Coach Factory (ICF), Chennai, Indian Railways. The order involves the supply and installation of 14 sets of chairs for non-AC chair cars, with the completion deadline set for May 31, 2025.
The delivery is scheduled for the Furnishing Depot at ICF, Chennai. Under the terms of the contract, 90 per cent of the payment will be received upon submission of the Inspection Certificate issued by the designated inspection agency, along with proof of dispatch or delivery of the materials. The remaining 10 per cent will be paid after the goods are received, inspected, and accepted.
Oriental Rail Infrastructure Ltd is involved in the manufacturing, purchasing, and selling of various products, including Recron, seats and berths, and Compreg boards. The company is also engaged in the trading of timber wood and its related products.
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Share and Financial Performance
Currently, the company’s shares are trading at around Rs 230 per share on the BSE. The current market capitalization of Oriental Rail Infrastructure Ltd stands at Rs 1413.86 crore, and the stock has generated an impressive return of over 90 per cent in just 1 year.
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As per the Quarterly Results, in the Q1 FY25, Oriental Rail Infrastructure Ltd recorded a revenue of Rs 123.06 crore compared to Rs 92.81 crore. The operating profit stood at Rs 13.94 crore. The net profit stood at Rs 5.86 crore compared to a profit of Rs 5.44 crore. Looking at the annual performance, the company generated a revenue of Rs 526 crore in FY24. The operating profit for FY24 was Rs 670 crore with a net profit of Rs 30 crore compared to a net profit of Rs 3 crore in FY23 representing a growth of around 900 per cent YoY.
According to the shareholding pattern of the company, the promoters hold a significant 54.81 per cent stake. Public investors own 44.86 per cent of the shares, while Foreign Institutional Investors (FIIs) hold 0.33 per cent in the company which was earlier 0.02 per cent. Ace Investor Mukul Agrawal holds a 5.53 per cent stake.
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Investors must keep this small-cap railway stock on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
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