Transformer manufacturing company bags new order worth Rs 1,11,00,000 from TP Northen Odisha Distribution Ltd (TPNODL)

The stock is up by 95 per cent from its 52-week low of Rs 62.70 per share and gave multibagger returns of 1,700 per cent in 3 years.

Alfa Transformers Limited, a manufacturer of small distribution transformers and a provider of related technical services, has secured a significant order worth Rs 1.11 crore from Tata Power Northen Odisha Distribution Limited (TPNODL). The order entails the design, manufacturing, and supply of 100KVA 11/0.433kV DTR Transformers from their Bhubaneswar plant. This domestic order is expected to be executed within a timeframe of 90 days from the date of order receipt.

On Thursday, shares of Alfa Transformers Limited hit a 5 per cent upper circuit to Rs 122.25 per share from its previous closing of Rs 116.15 per share. The stock’s 52-week high is Rs 162.95 per share and its 52-week is Rs 62.70 per share.

The company has a market cap of Rs 112 crore and has delivered good profit growth of 47.5 per cent CAGR over the last 5 years. The stock has a high ROE of 42 per cent. According to Quarterly Results, the company reported net sales of Rs 17.11 crore and net profit of Rs 0.98 crore in Q2FY25. In its annual results, the net sales increased by 77 per cent to Rs 50.97 crore and net profit increased by 655 per cent to Rs 7.63 crore in FY24 compared to FY23.

The stock is up by 95 per cent from its 52-week low of Rs 62.70 per share and gave multibagger returns of 1,700 per cent in 3 years. Investors should keep an eye on this micro-cap stock.

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