Rs 800 Crore Order Book: Ashish Kacholia’s Portfolio Electrical Equipments Company Receives Orders of Rs 49,99,91,894 from Dakshin Gujarat Vij Co. Ltd
The stock gave multibagger returns of 420 per cent in just 2 years and a whopping 1,725 per cent in 3 years.
Advait Energy Transitions Limited, formerly Advait Infratech Limited, has been awarded a significant Turnkey Contract by Dakshin Gujarat Vij Co. Ltd. (DGVCL). Valued at Rs 49,99,91,894.00, this domestic project involves the supply, installation, testing, and commissioning of 11 KV 55mm2 AAAC Medium Voltage Covered Conductors (MVCC) along with their necessary accessories. The contract, which is part of the Vanbandhu Kalyan Yojana (VKY-2) Scheme, will be executed within DGVCL's jurisdiction area over a period of 15 months. It's important to note that DGVCL will be responsible for supplying the poles and their fabrications for this project.
About the Company
Advait Energy Transitions Limited, also known as Advait Infratech Ltd, provides products and solutions for power transmission, power substation, and telecommunication infrastructure fields. Also, it operates with various verticals such as turnkey telecommunication projects, installation of power transmission, telecom products, etc.
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Regarding the financials, Advait Infratech has a market cap of over Rs 1,700 crore with a 3-year stock price CAGR of 150 per cent. The net sales increased by 225 per cent to Rs 195 crore and the net profit increased by 86 per cent to Rs 13 crore in Q4FY25 over Q4FY24. The net sales increased by 91 per cent to Rs 399 crore and the net profit increased by 45 per cent to Rs 32 crore in FY25 over FY24. The company has an order book of Rs 800 crore that includes L1 orders.
An ace investor, Ashish Kacholia, owns 2,88,185 shares or 2.67 per cent in the company at Rs 1,388 per share (face value is Rs 10) aggregating to Rs 40,00,00,780 via preferential issue of shares. The shares of the company have an ROE of 22 per cent and an ROCE of 27 per cent. The stock gave multibagger returns of 420 per cent in just 2 years and a whopping 1,725 per cent in 3 years.
Disclaimer: The article is for informational purposes only and not investment advice.