This Microcap Infra stock which deals in specialized engineering, procurement, and construction services for the Building construction and infrastructure is in focus after the company received multiple orders worth Rs. 21.73 crore.
Price Action
With a market capitalization of Rs. 894.19 Crores, the shares of Sathlokhar Synergys E&C Global Limited touched a 2 percent lower circuit in the day’s trade and touched a day’s high of Rs. 374.95 per share. The stock closed on Thursday and it moved to the day’s high of Rs. 370.45 per share 2 percent lower from the previous closing price of Rs. 378 apiece.
What Happened
Sathlokhar Synergys E&C Global Limited has received multiple orders worth Rs. 21.73 crore which includes Reliance Mappedu Multi Modal Logistics Park Limited for the execution of Civil work at the Proposed Factory worth Rs. 12.51 crore.
Manpro Equipments Private Limited awarded the contract for the execution of Civil and PEB works at Sipcot Industrial Park, Sriperumbudur, Chennai worth Rs.5.9 crore.
Araymond India Private Limited awarded the contract for the Land Development and Compound Wall at the factory site as per the specifications worth Rs. 2.40 crore.
Vinfast Auto India Private Limited awarded the contract for the Supplying and Erection of Cooling Tower at Vinfast Factory in Thoothukudi worth Rs. 0.78 crore.
Camfil India Private Limited awarded the contract for the execution of Louver Fixing works at the Factory worth Rs. 0.14 crore.
About the Company
Sathlokhar Synergys E&C Global Limited was established in 2013 and is a prominent Engineering, Procurement, and Construction company based in India. This company specializes in turnkey contracting, it provides construction services across various sectors, including industrial, pharmaceutical, commercial, healthcare, and solar projects.
The company operates nationwide, focusing on delivering high-quality infrastructure solutions while managing the entire project lifecycle from design to execution. Sathlokhar focuses on strategic partnerships and integrated project management to improve efficiency and client satisfaction and it is positioning itself as a reliable contractor for government and private sector projects.
Products and services
They offer turnkey construction, project management, and installation of mechanical, electrical, and plumbing networks.
Financials & Ratios
Its Revenue from operations grew by 208 percent year on year from Rs. 46 Crores in H1FY24 to Rs. 142 Crores in H1FY25, accompanied by profits of Rs. 4 Crores to Rs. 16 Crores.
In terms of Return ratios, it has reported a return on equity (ROE) of 95.57 percent and a return on capital employed (ROCE) of 115.27 percent. It has reported a debt-to-equity ratio of 0.11.
Shareholding Pattern
As of September 2024, the shareholding pattern with promoters stake holding a major share of 62.71 percent in Sathlokhar Synergys E&C Global, Foreign Institutional Investors (FII) holdings stood at 3.18 percent, Domestic Institutional investors (DII) standing at 1.21 percent, and public holdings standing at 32.90 percent.
Written by Santhosh S
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