Triple Bonanza: 2:1 Bonus Share; 125 Per Cent Dividend & PAT Jumps 120 Per Cent: Stock Gave 17,000 Per Cent Multibagger Returns In Just 5 Years
The stock gave multibagger returns of 625 per cent in 2 years and a whopping 17,000 per cent in 5 years.
On Monday, shares of Shilchar Technologies hit a 5 per cent upper circuit to Rs 6,288.65 per share from its previous closing of Rs 6,084.45 per share.
Shilchar Technologies Limited has announced a bonus issue of equity shares in the ratio of 1 new share for every 2 existing shares held, with a face value of Rs 10 each, for shareholders on the record date, utilizing the company's free reserves. Additionally, the Board of Directors has recommended a final dividend of Rs 12.50 per equity share (125 per cent) for the financial year 2024-2025, which is subject to the approval of the shareholders at the upcoming Annual General Meeting.
According to Quarterly Results, the net sales increased by 121 per cent to Rs 232 crore and net profit increased by 120 per cent to Rs 55 crore in Q4FY25 compared to Q4FY24. In its annual results, the net sales increased by 57 per cent to Rs 632.15 crore and net profit increased by 60 per cent to Rs 146.85 crore in Q4FY25 compared to Q4FY24
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Shilchar Technologies Ltd is an Indian manufacturer specialising in transformers, catering to both the Electronics & Telecom and Power & Distribution sectors. Their established product portfolio includes a wide range of power and distribution transformers, with distribution units ranging from 5 KVA to 3,000 KVA and power transformers spanning 3 MVA to 15 MVA, positioning them as a significant player in the Indian transformer market. Notably, the company has recently expanded its operations to include the manufacturing of Ferrite transformers, indicating a strategic move towards diversifying its product offerings and potentially entering new market segments within the electronics industry.
The company has a market cap of Rs 4,800 crore with an ROE of 56 per cent and an ROCE of 75 per cent. The stock gave multibagger returns of 625 per cent in 2 years and a whopping 17,000 per cent in 5 years. Investors should keep an eye on this small-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.