Infra stock stock engaged in providing engineering, procurement, and construction (EPC) services, operation & maintenance, and many more jumped upto 4 percent in the day’s trade upon receiving a new work order worth Rs. 11 Crores from Nayara Energy Limited.
Price action
With a market capitalization of Rs. 950 Crores, the shares of RBM Infracon Limited were trading at Rs. 940 per equity share, up 3.52 percent from its previous day’s close price of Rs. 908. It has delivered a multibagger return of 606 percent in a year.
What Happened
RBM Infracon Limited has received a new work order from Nayara Energy Limited for the manufacturing and installation of LPG & HYDROGEN SPHERE for a consideration of Rs. 11 Crores and it is to be executed by September 2027.
About the Company
RBM Infracon Limited is engaged in providing engineering, procurement, and construction (EPC) services, operation & maintenance, and many more for oil& gas refineries, petrochemicals, cement, fertilizers, and other sectors.
RBM Infracon Limited has a strong order of Rs. 1,384+ Crores and it expects to achieve an order book of Rs. 2,500 Crores by FY26, it has a strong customer base with well-known players like Reliance Industries, Nayara Energy Limited, Kalpataru Projects International Limited, Praj Industries Limited, Essar Project Limited, Essar Oil Limited, and many more.
Financials and Ratios
Its Revenue from operations grew by 56 percent from Rs. 83 Crores in FY23 to Rs. 130 Crores in FY24, accompanied by profits of Rs. 2 Crores to Rs. 11 Crores.
In terms of Return ratios, it has reported a return on equity (ROE) of 19.4 percent, and a return on capital employed (ROCE) of 28.6 percent. It has reported a debt-to-equity ratio of 0.02.
Written by: Bharath K.S
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