The shares of the power transmission distributor hit 5 percent upper circuit of Rs 573.85 apiece after the company’s net profit and revenue increased 115 percent and 81 percent in FY23-24 respectively.
With a market capitalization of Rs 342.59 crore, the shares of Viviana Power Tech Ltd were trading at Rs 574 per share, increasing around 5 percent as compared to the previous closing price of Rs 546.55 apiece.
Its Revenue from Operations half yearly grew by 189 percent from Rs. 23.22 Crores in H1FY24 to Rs. 42.31 Crores in H2FY24 and it grew by 82 percent from Rs. 16.91 Crores in H2FY23 to Rs. 42.31 Crores in H2FY24. Annually it generated a revenue of Rs. 36.15 Crores in FY23 to Rs. 65.53 Crores in FY24, indicating a growth of 81 percent.
Its Net profit half yearly grew by 59 percent from Rs. 2.50 crore in H1FY24 to Rs. 3.98 Crore in H2FY24 and it grew by 153 percent from Rs. 1.57 Crores in H2FY23 to Rs. 3.98 Crore in H2FY24. Annually it generated a Net Profit of Rs. 3.01 Crores in FY23 to Rs.6.49 Crores in FY24, indicating a growth of 115 percent.
The stock has delivered returns of 3.17 percent in the last six months and a multi-bagger return of 282.57 percent in a year. A shareholder’s investment of Rs. 1 lakh in the company would be worth Rs. 3.82 lakh in a year.
Viviana Power Tech Ltd. reported return ratios in the recent financial year with a return on equity (ROE) of 16.76 percent and a return on capital employed (ROCE) of 25.19 percent.
In the company’s recent shareholding pattern, promoters own 73.38 percent while Retail shareholders own a 26.62 percent stake in the company, and domestic Institutional Investors own a 0.00 percent stake
Viviana Power Tech Limited is an India-based corporation that specializes in power transmission, distribution, and industrial engineering, procurement, and construction (EPC) space projects. Its major business activities are supply and service.
Written by:- Abhishek Singh
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