The shares of the railway equipment manufacturer gained up to 2.33 percent after the company bagged a prestigious order from Western Railways worth Rs 3.67 crore.
Oriental Rail Infrastructure Ltd has a market capitalization of Rs 1,675.99 crore, the shares were trading at Rs 272.70 per share, increasing around 1.70 percent as compared to the previous closing price of Rs 268.15 apiece.
Reason for rise:-
Today the company shares have seen positive movement after Oriental Rail Infrastructure Ltd bagged a prestigious order from Western Railways for the Supply and Fitment of Stainless Steel 3-Seater/2-Seater Seat in Siemens-type Coaches worth Rs 3.67 crore.
Financial Condition:-
Examining the company’s financial performance, revenue magnified by 32 percent from Rs 92.81 crore in Q1FY24 to Rs 123.06 crore in Q1FY25, but during the same time frame, net profit zoomed significantly by 8 percent from Rs 5.44 crore to Rs 5.86 crore.
Recent orders:-
Recently, Oriental Rail Infrastructure Ltd bagged a prestigious order from ‘Modern Coach Factory for the manufacturing and Supply of 14 sets of seats and berths for LHB AC3T Economy coaches. This order is valued at Rs 1.10 crore.
Moreover, the company also received a significant work order from ‘Integral Coach Factory for the Supply and Installation of 13 sets of ‘Seats and Berths’ with hardware for the LWS PP coach. The order was valued at Rs 1.79 crore.
Remarkable return & prominent investor:-
The stock gave a return of 6 percent return in six months and a multi-bagger return of 194 percent return in a year. As a result, If an investor invests Rs 1 lakh in the company would be worth Rs 2.94 lakhs in a year.
Ace investor Mukul Agrawal holds 34,00,000 equity shares which represent 5.53 percent in the company as of June 2024.
Shareholding Pattern:-
According to the latest shareholding pattern, the Promoters hold a 54.81 percent stake in the company, Foreign Institutional Investors (FII) hold a 0.33 percent stake, while Retail Investors hold a 44.86 percent in Oriental Rail Infra.
Ratio analysis:-
The company’s critical ratios show that the return on equity increased from 2.95 percent in FY22-23 to 10.47 percent in FY23-24, while the return on capital employed zoomed from 8.27 percent to 15.12 percent. The net profit margin (NPM) for fiscal year 23-24 is 5.70 percent.
Company profile:-
Oriental Rail Infrastructure Limited produces, buys, and distributes Recron, Seat and Berth, Lavatory Door, and Compreg Boards. The firm trades wood, ferrous and nonferrous metals, casting tools, slabs, rods, and other ferrous and nonferrous materials.
Written by:- Abhishek Singh
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