Synopsis:
Presstonic Engineering secured a ₹9.19 crore order from CRRC Nanjing Puzhen Company Limited, China, to supply cable ducts for the Bangalore Metro Yellow Line Project.
This Penny stock, engaged in designing, engineering, manufacturing, and supplying precision metal components and infrastructure products, primarily for rail, metro, and industrial sectors, jumped 6 percent after securing an order worth Rs. 9.19 crore from a Chinese company for the Bangalore Metro Yellow Line Project.
With a market capitalization of Rs. 72.60 crores, the share of Presstonic Engineering Limited has reached an intraday high of Rs. 96.30 per equity share, rising nearly 5.94 percent from its previous day’s close price of Rs. 90.90. Since then, the stock has retreated and is currently trading at Rs. 94.20 per equity share.
Order Details
Presstonic Engineering Limited has received a major order worth Rs. 9.19 crore from CRRC Nanjing Puzhen Company Limited, China, for supplying Cable Duct products for the Bangalore Metro Yellow Line 4RS–DM Project.
The order covers 27 trainsets, each with 6 coaches. Deliveries will begin in August 2025 and are expected to be completed by 15th August 2026. This order highlights Presstonic’s growing role in global metro projects and reflects the trust and strong partnership with CRRC Nanjing Puzhen Company Limited.
Financial Highlights
Coming into financial highlights, Presstonic Engineering Limited’s revenue has increased from Rs. 11.94 crore in H2 FY24 to Rs. 17.96 crore in H2 FY25, which has grown by 50.42 percent. The net profit has also grown by 368.14 percent from Rs. 1.13 crore in H2 FY24 to Rs. 5.29 crore in H2 FY25.
Presstonic Engineering Limited’s revenue has grown at a CAGR of 28.95 percent over the last four years. In terms of return ratios, the company’s ROCE and ROE stand at 8.08 percent and 3.41 percent, respectively. Presstonic Engineering Limited has an earnings per share (EPS) of Rs. 1.12, and its debt-to-equity ratio is 0.62x.
Company Overview
Presstonic Engineering Limited was founded in 1996 in Bangalore, India, and specializes in manufacturing products for the Metro Rail segment, including Metro Rail Rolling Stock Products, Metro Rail Signalling Products, and Infrastructure Products.
The company’s offerings include interior items like saloon seats, grab poles, handrails, emergency ramps, partition panels, and various exterior and signaling equipment. The company serves global and domestic OEMs involved in rail and metro rail rolling stock and signaling equipment manufacturing and servicing.
The company’s manufacturing facility and R&D division are located in Bangalore, equipped with modern machinery designed for diverse product manufacturing needs. The company operates on an order-based business model with a notable order book and contracts with the state, central governments, and PSU clients.
Written By – Nikhil Naik
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