11,000 per cent returns: Renewable energy solutions provider executes Mou with Optimor Ventures LLC
The stock gave multibagger returns of 1,825 per cent in 3 years and a whopping 11,000 per cent in 5 years.
Taylormade Renewables Limited (TRL) has announced a significant strategic move to expand its global footprint through a Memorandum of Understanding (MoU) with Optimor Ventures LLC (DBA – Optimor), a well-regarded U.S.-based consultancy. This collaboration designates Optimor as the exclusive channel partner for TRL in the USA, Canada, and the GCC nations. Optimor, based in New Jersey and led by industry experts in energy, environment, and sustainability, will spearhead market development, business acquisition, and strategic client engagement for TRL's innovative technologies in areas like Zero Liquid Discharge, solvent recovery, and clean sugar manufacturing. TRL will be responsible for project design, procurement, implementation, and after-sales service, leveraging its patented technologies.
This non-equity, non-JV strategic alliance marks a pivotal moment for TRL, facilitating its transition from a domestic technology provider to a global impact player. By leveraging Optimor's established network and expertise, TRL aims to introduce its proven sustainable solutions to new international markets, tapping into policy-driven ESG opportunities with greater speed and confidence. This partnership is anticipated to significantly enhance TRL's global presence, unlock new revenue streams, and strengthen its reputation as a "Made-in-India" CleanTech export champion, aligning with global trends towards carbon neutrality and green industrialisation. The MoU is effective from May 10, 2025, for an initial period of two years, with each party bearing their own operational costs.
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Incorporated in 2010, Taylormade Renewables Ltd is an SME focused on providing renewable energy solutions through the manufacturing of Solar Parabolic Concentrating Systems for steam generation and other industrial thermal applications, including solar cooking, heating, drying, and wastewater evaporation. The company's activities encompass the manufacturing of components and undertaking Engineering, Procurement, and Construction work for renewable energy and solar thermal projects, primarily involving parabolic concentrators. Additionally, Taylormade Renewables manufactures biomass cook stoves, Eco Chullas, CPC collectors, box and dish cookers, solar CPC, PV cells and modules, and solar dryers, serving a diverse clientele that includes ISRO, Jindal Power Ltd, AMI Organics Ltd, Vardhman Group, Asian Paints, GSP Crop Science, Torrent Pharma, Bharat Heavy Electricals, Toyota Industries and Engines Ltd, and Cairn
The company has a market cap of over Rs 300 crore. The shares of the company have an ROE of 25 per cent and an ROCE of 33 per cent. The stock gave multibagger returns of 1,825 per cent in 3 years and a whopping 11,000 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.