This Microcap stock deals in the Conservancy, Mechanized Cleaning, Housekeeping, Catering, Man Power Supply, and Security hit a 2 percent upper circuit after the company received an offer letter from Govt of Maharastra for a Solar EV Plant of 1,800 MW with an investment of Rs. 1,080 crores.
Price Action
With a market capitalization of Rs. 523.87 Crores, the shares of Dynamic Services and Security Limited were up by 2 percent touching a day’s high of Rs. 381.10 per share. The stock was in the upper circuit limit which is 2 percent higher from the previous closing price of Rs. 373.65 apiece. The stock has delivered a return of 217 percent over the past year and outperformed the Nifty Index.
What Happened
The movement in stock price was due to the offer letter for a mega project from the Government of Maharastra to set up a new project for manufacturing Solar PV Panels 1,800 MW at MIDC Villebhagad, Tal-Mangaon in the district Raigad under the Package Scheme of Incentives 2019. The fixed capital investment was Rs. 1,080 crore.
About the Company
Dynamic Services and Security Limited was founded in 2001. They specialize in providing facility management services which include mechanized cleaning, housekeeping, catering, manpower supply, and security services. They primarily serve government agencies, corporate sectors, and educational institutions across India.
Their business model focuses on delivering tailored solutions to meet client needs while leveraging a skilled workforce and established relationships with clients like the Indian Army and Indian Railways. Dynamic Services aims to improve operational efficiency for its clients.
Products and Services
They offer a range of services which includes mechanized cleaning, housekeeping, catering, manpower supply, and security services.
Financials & Ratios
Its Revenue from operations increased by 32.7 percent year on year from Rs. 55 Crores in H1FY24 to Rs. 73 Crores in H1FY25, accompanied by profits of Rs. 4 Crores to Rs. 7 Crores.
In the return ratios, the return on equity (RoE) in FY24 stood at around 11.89 percent, and the return on capital employed was around 16.53 percent. The debt-to-equity ratio stood around 0.35 as of FY24.
Shareholding Pattern
As of September 2024, the shareholding pattern with the promoter’s stake holding a share of 62.34 percent in Dynamic Services and Security, Foreign Institutional Investors (FII) holding around 0.09 percent, and the public holding around 37.58 percent.
Written by Santhosh S
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