During Wednesday’s trading session, the shares of a micro-cap company engaged in manufacturing and installing a diverse range of aluminium products surged nearly 4.9 percent to Rs. 60.85 on NSE, after securing an order worth Rs. 8.74 crores from Mukul Agrawal-backed stock.
With a market cap of Rs. 150.3 crores, at 03:25 p.m., the shares of Aluwind Architectural Limited were trading in the green at Rs. 60.5, up by nearly 4.3 percent, as compared to its previous closing price of Rs. 58.
What’s the news
As per the latest regulatory filings with the NSE, Aluwind Architectural Limited has secured an order valued at nearly Rs. 8.74 crores from Capacit’e Infraprojects Limited.
The project involves the supply and installation of aluminium windows (Enternia System Window) works at the Redevelopment Project of MHADA BDD Chawal in Worli, Mumbai.
The project is set to commence within 7 days from the date of LOA and will include the design and preparation of shop drawings, and design coordination.
About the Awarding Entity
Capacit’e Infraprojects Limited is primarily engaged in the EPC business and provides turnkey solutions for housing, high rises, super high rises, speciality buildings and urban infrastructure. The company offers these services to leading real estate and government bodies in India.
According to the September 2024 shareholding pattern with the BSE, Mukul Mahavir Agrawal holds a 6.21 percent stake in Capacite Infraprojects.
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Previous Orders
25th October 2024: Aluwind Architectural secured an order valued at nearly Rs. 90 crores from Runwal Realty. The scope includes the design, supply, and installation of aluminium windows across 19 towers at various Runwal projects in Mumbai, Thane, and Pune, covering ~14.5 lakh square feet, along with facade work.
1st January 2025: The company received a contract worth Rs. 7.6 crores from Godrej Projects Development Limited for SITC (Supply, Installation, Testing, and Commissioning) services. This includes aluminium windows and railing works for the premium “Godrej Gardens” project in Mumbai.
13th January 2025: Aluwind Architectural has secured an order valued at nearly Rs. 11.25 crores from the Realty Division of Larsen & Toubro Ltd.
The project, which includes the execution of facade work for the Commercial Development of L&T’s prestigious Tower A in Coimbatore, Tamil Nadu, is scheduled to commence on 15th January 2025.
The total project duration, including the mobilisation period, will be 12 months from the commencement date.
Financials
Aluwind Architectural reported a marginal growth in revenue from operations, experiencing a year-on-year increase of nearly 10 percent, rising from Rs. 41.4 crores in H1 FY24 to Rs. 45.5 crores in H1 FY25.
In contrast, during the same period, the company’s net profit decreased from Rs. 3.7 crores to Rs. 2.3 crores, representing a decline of around 37.8 percent YoY.
About the company
Incorporated in 2003, Aluwind Architectural Limited is engaged in the business of fabrication and installation of aluminium windows and glass facade work. The company got listed on NSE Emerge on 9th April 2024.
Written by Shivani Singh
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