Multibagger penny stock below Rs 30 jumps 11.4 per cent after reporting turnaround net profit in FY25 & announcing Rs 100 crore rights issue
The stock is up by 36.75 per cent from its 52-week low of Rs 20 per share and has given multibagger returns of over 1,400 per cent in 5 years.
Today, shares of 3i Infotech Ltd humped 11.40 per cent to Rs 27.35 per share from its previous closing of Rs 24.55 per share. The stock has a 52-week high of Rs 42.58 per share and a 52-week low of Rs 20 per share. The shares of the company saw a spurt in volume by more than 3.40 times on the BSE.
3i Infotech Limited (BSE: 532628) (NSE: 3IINFOLTD) has announced strong consolidated financial results for the fourth quarter and full year ending March 31, 2025, demonstrating consistent growth for the third consecutive quarter. For Q4 FY25, the company reported an Operating Revenue of Rs 187.0 crore, representing a 3.1 per cent quarter-on-quarter growth. Notably, Profit After Tax (PAT) for Q4 FY25 stood at Rs 26.9 crore, a significant improvement from Rs 17.3 crore in Q3 FY25 and a loss of Rs 99.9 crore in Q4 FY24. For the full fiscal year FY25, the consolidated Operating Revenue reached Rs 725.8 crore, with a PAT of Rs 25.3 crore, a substantial turnaround from a loss of Rs 313.6 crore in FY24.
In FY25, 3i Infotech significantly expanded its client base, adding over 50 new clients, with 16 of these wins occurring in Q4 FY25. Geographically, the U.S. remained the largest market, contributing 46 per cent of total revenue, experiencing 16.4 per cent quarter-on-quarter growth in revenue. India followed closely, accounting for 43 per cent of total revenue, with a 2.7 per cent quarter-on-quarter increase. The Application-Automation-Analytics (AAA) segment continued to be the primary revenue driver, generating Rs 131.0 crore in Q4 FY25, followed by Infrastructure Services (IS) with Rs 36.1 crore. While the Information Technology (IT) sector was a key contributor in Q4 FY25 at 37.5 per cent, the BFSI sector was the highest revenue contributor for the full FY25, accounting for 40.8 per cent of the top line.
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The Board has approved a plan to raise up to Rs 100 crore through a Rights Issue of equity shares to eligible shareholders. A Rights Issue Committee has been formed and empowered to finalise all terms, including the Draft Letter of Offer (DLOF), record date, issue price, entitlement ratio, payment terms, and the appointment of necessary intermediaries and agencies.
With over 30 years of experience, 3i Infotech is a leading provider of technology services and software solutions, driving digital transformation across diverse sectors including BFS, Insurance, Manufacturing, Retail, and Government. The company operates through four key business segments: Applications, Automation and Analytics (AAA); CloudFirst; Infrastructure Management Services (IMS); and Digital BPS. Serving over 250 clients globally with a team of over 5200 employees, 3i Infotech offers a wide array of services from ADMS and Cyber SOC to data centre services and automated F&A.
The company has a market cap of over Rs 400 crore and working capital requirements have reduced from 20.2 days to 10.8 days. The shares of the company have a PE of 17x whereas the industry PE is 31x. The stock is up by 36.75 per cent from its 52-week low of Rs 20 per share and has given multibagger returns of over 1,400 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.