Multibagger penny stock under Rs 20: Textile company receives order worth Rs 10.76 crore from Gawgee Brothers Wholesalers CO. LLC
The stock is up by 38.34 per cent from its 52-week low of Rs 10.98 per share and has given multibagger returns of 2,175 per cent in 5 years.
SBC Exports Limited has secured a significant repeat export order from M/s GAWGEE BROTHERS WHOLESALERS CO. LLC, a Dubai-based textile company, for the supply of various garment articles, including T-shirts, trousers and shorts. This order is valued at USD 12,50,000, which is approximately Rs 10.76 crore. The collaboration is a strategic tie-up aimed at enhancing SBC Exports' global reach and expanding its international presence in high-growth markets.
Under the terms of the agreement, payment for shipments will be received within 90 days of goods receipt by M/s Gawgee Brothers. Each shipment must have a minimum size of 20,000 pieces and all transactions will be conducted in US Dollars. M/s Gawgee Brothers will bear all insurance and freight expenses. The order is to be executed within one year from the purchase order date of June 25, 2025, with any disputes governed by the laws of the United Arab Emirates. The supplied garments will be sold in the "Day-to-Day" retail chain stores in Dubai, a prominent retail destination established in 1998, known for offering a wide range of affordable products across multiple stores in the UAE.
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About the Company
SBC Exports Ltd, founded in 2011 as a handicraft trader, has evolved into a diversified company with four primary business verticals: garments, manpower services, IT services and travel. The company's garment division has grown significantly, with four manufacturing units and plans for further expansion. SBC's IT services division provides support to various organisations and its travel subsidiary, Mauji Trip Limited, is experiencing rapid growth. The company's focus on branding, product development and profitability has positioned it for continued success in the coming quarters. With a strong financial performance and a commitment to shareholder value, SBC is poised to emerge as a stronger and more competitive player in the market.
SBC Exports Ltd has a market cap of Rs 695 crore. In FY25, the net sales increased by 42 per cent to Rs 300 crore and net profit increased by 21 per cent to Rs 13 crore over FY24. The shares of the company have an ROE of 27 per cent and an ROCE of 18 per cent.
In March 2025, DIIs bought 10,00,000 shares & FIIs bought 7,66,013 shares by taking a fresh entry. The company ex-traded a 1:2 bonus shares issue (one share for every two held). The ex-date was Tuesday, March 04, 2025. The stock is up by 38.34 per cent from its 52-week low of Rs 10.98 per share and has given multibagger returns of 2,175 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.