Shares of this microcap company jumped 5 percent in Friday’s trading session after receiving an order worth Rs. 3.41 crores for the supply of 3D Murals.
With a market capitalization of Rs. 94.6 crores, the shares of Blue Pebble Ltd started Friday’s trading session on a higher note at Rs. 230 compared to its previous close of Rs. 225.60. During the trading session, the shares hit a high of Rs. 237, gaining around 5 percent and are currently trading at Rs. 230.25 apiece.
Such a positive movement in the share price was observed after the company in an exchange filing announced that it had received an incremental purchase order from Jones Lang Lasalle property consultants for the supply and installation of 3D Murals, Digital (augmented reality experience) immersive solution, Graphic, Signage and Artwork worth Rs. 3.41 crores.
Prior to this, the company had received an order amounting to Rs. 2.30 crores in February 2024. Within a span of twelve weeks, the company is required to fulfil an order totalling Rs. 5.71 crores.
Coming onto the company’s financial statements, the revenue zoomed by 39 percent from Rs. 15.92 crores during FY22-23 to Rs. 22.06 crores in FY23-24. In addition, the net profits magnified by 88 percent from Rs. 2 crores to Rs. 3.75 crores during the same period.
The company has a robust order book of Rs. 8 crores for different projects. Further, to meet the increasing demand of the ongoing projects, the company has strategically acquired additional machinery and is currently in the final stages of securing extra space to accommodate the requirements of this new equipment.
In terms of key financial metrics, the company reported a Return on Equity (RoE) of 54.44 percent and a return on capital employed (RoCE) of 71.02 percent for the period spanning FY23-24.
The client base of Blue Pebble Ltd includes a diverse range of entities across various sectors. Notable clients include prominent banking institutions such as HDFC Bank Limited, multinational corporations (MNCs) like American Express, Bank of America, and British Petroleum, and IT companies like Infosys Limited. Additionally, the company has worked with other notable corporations such as Nestle and Moody’s.
Headquartered in Maharashtra, Blue Pebble was incorporated in 2017. The company offers comprehensive services encompassing conceptualization, design, printing, furnishing, and installation of various products such as vinyl graphics, signage, 3D walls, glass films, artefacts, wall panels, murals, and sculptures for corporate interiors and exterior workplace environments.
Written By Vaibhav Patil
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