Listed Below is an Engineering stock that is a market leader in solid, liquid, and gas drying systems with Reliance, Mondelez, Pepsi, and many well-known companies as its customers, that has delivered multibagger returns of 3,592 percent to the shareholders of the company in just 4 years.
On March 20, 2020, the shares of Kilburn Engineering Limited closed at Rs. 12 exhibiting a gain of around 3,592 percent compared to the current price. For example, if someone had invested Rs. 1 lakh into the company’s stock 4 years ago, it would have turned to ~Rs. 37 Lakhs.
About the Company
Kilburn Engineering Limited is primarily engaged in designing, engineering, manufacturing, and commissioning customized equipment and systems for various process plants. It is a market leader in solid, liquid, and gas drying systems. As of Q1FY25, It has a strong order book of Rs. 324.66 Crores.
Presence & Operations
It is one of the leading Global players in drying solutions and customized process equipment with a global presence across the USA, France, Germany, the Netherlands, China, Indonesia, Hungary, Thailand, Kenya, South Africa, Brazil and Bangladesh, among others.
It has diversified offerings and bespoke solutions like Customized Industrial Drying Systems, Customized Package Systems, Fabricated and large critical equipment, and Standard Products related to drying catering to sectors like Chemical, Steel, Nuclear Power, Petrochemicals, Food Processing, and many more.
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It has a strong customer base with well-known players like Mondelez, Pepsico, Cipla, Dr. Reddy’s, Balkrshna Tyres, PCBL, Pepsi, Indian Oil, Adani Wilmar, Reliance Industries, BHEL, GNFC, ONGC, and many more.
Recent Strategic Acquisition
In Addition, recently the Board of Directors of Kilburn Engineering Limited has approved the proposed acquisition of a 100 percent stake in Monga Strayfield Pvt. Ltd. for a consideration of Rs. 123 Crores, aimed at a strategic and synergistic partnership that will enhance Kilburn’s portfolio and broaden its reach across various industries.
Monga Strayfield Pvt. Ltd. is a global leader in the radio frequency drying and heating solutions, alongside a strong presence in the sheet metal fabrication industry, catering to both the USA and European markets.
The proposed acquisition of Monga Strayfield will significantly augment Kilburn Engineering’s drying solutions portfolio, adding new capabilities in radio frequency drying and heating, while expanding its reach into industries such as textiles and packaged foods.
Financials
Its Revenue from operations declined by 4 percent YoY from Rs. 66.68 Crores in Q1FY24 to Rs. 63.81 Crores in Q1FY25 and it declined by 25 percent QoQ from Rs. 85.25 Crores in Q4FY24 to Rs. 63.81 Crores in Q1FY25.
Its Net Profit grew by 51 percent YoY from Rs. 7.09 Crores in Q1FY24 to Rs. 10.7 Crores in Q1FY25 and declined by 13 percent QoQ from Rs. 12.24 Crores in Q4FY24 to Rs. 10.7 Crores in Q1FY25. Its Net Profit Margin increased from 10.54 percent in Q1FY24 to 16.62 percent in Q1FY25.
Written by: Bharath K.S
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