Rs 18,516.80 crore order book: This multibagger civil construction company reports stellar quarterly results and announces dividend!

The stock gave multibagger returns of 130 per cent in just 1 year, 337 per cent returns in 3 years and over 1,100 per cent returns in 1 decade.

ITD Cementation India Ltd, a leading civil construction company announced its Quarterly Results ended June 30, 2023. Details below:

Highlights for the Q1FY23: 

• Net sales stood at Rs 1,832.57 crore, up 66.93 per cent over Q1FY23. 
• Operating profit stood at Rs 170.12 crore, up 73.47 per cent over Q1FY23.  
•  Net profit stood at Rs 48.03 crore, up 76.76 per cent over Q1FY23.  
• The EPS for Q1FY24 is Rs 3.04.  
• The company announced an interim dividend of Rs 0.75 per share for its equity shareholders. The company fixed the record date as August 08, 2023.

Order Book Update: The company secured orders for EPC-related work worth Rs 247.10 crore in Q1FY24. Including all the orders, the company’s order book stands at Rs 18,516.80 crore as of June 30, 2023.

ITD Cementation India Limited is engaged in the business of providing design, engineering, procurement and construction (EPC) services for infrastructure projects in India. The Co. is one of the leading names in the Marine and Maritime sector having worked with most of the major ports in India.

The company has a market cap of over Rs 3,300 crore with a 3-year stock price CAGR of 62 per cent. The shares of the company have a PE of 22.33x, an ROE of 11 per cent and a ROCE of 20 per cent.

The stock gave multibagger returns of 130 per cent in just 1 year, 337 per cent returns in 3 years and over 1,100 per cent returns in 1 decade. Investors should keep an eye on this Small-Cap stock.

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