Incorporated in 1995, shares of this microcap company are in the business of Engineering, Procurement, and Construction/ Commissioning (EPC) contractors and are engaged in the business of offering a full range of EPC services in India and abroad.
With a market capitalization of Rs. 246. crores, the shares of Konstelec Engineers Ltd started Wednesday’s trading session on a lower note at Rs. 166 compared to its previous close of Rs. 171.55. During the trading session, the shares locked a 5 percent lower circuit at Rs. 163 apiece.
Coming onto the company’s financial statements, the revenue zoomed by 41 percent from Rs. 153 crores during FY22-23 to Rs. 215 crores in FY23-24. In addition, the net profits increased by 13 percent from Rs. 8 crores to Rs. 9 crores during the same period.
As per the latest data, Konstelec Engineers Limited has a robust order book worth Rs. 614 crores in order value, currently in various implementation phases. Out of this, orders worth Rs. 254 crores have already been executed, while orders worth Rs. 360 crores are in the process of being executed.
Furthermore, the company also announced that it secured new orders worth Rs. 20 crores in the first two months of FY24-25.
Moreover, the company has won orders from marquee clients, including MSPL Limited, Jawaharlal Nehru Port Authority, Indian Farmers Fertiliser Cooperative Limited, Prodair Air Products India Limited, Deepak Chem Tech Ltd, Kansai Nerolac Paints Limited, The Supreme Industries Limited, Jindal Ferrous Limited and Ultratech Cement Limited.
Additionally, in the past few months, the company has also participated in multiple tenders with a cumulative value of Rs. 530 crores.
The company offers a wide range of services including engineering and drawings, procurement, operations and maintenance, project management, and construction and commissioning. The company’s areas of expertise include electrical installation, solar power plant installation, instrumentation, and automation.
Looking at the company’s important financial ratios, the return on equity (RoE) stood at 9.48 percent during FY23-24 and the return on capital employed was recorded at 19.60 percent during the same period. Furthermore, the net profit margin stood at 4.14 percent during FY23-24.
Written By Vaibhav Patil
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