Financial results for the financial quarter and fiscal year ended March’24 have begun comprising a bunch of companies reporting decent growth in their basic business parameters.
Listed below are three stocks under the ‘micro-cap’ category that reported a stellar YoY performance during FY24 as far as the top and bottom-line numbers are concerned:
Tara Chand Infralogistic Solutions Limited
With a market capitalization of Rs 584.12 crores, the stocks of Tara Chand Infralogistic Solutions Limited, providing cargo handling and other logistic services, started their trading session on Friday at Rs 397 per share and currently trades at Rs 412.95 per share, slipping approximately 1.17 percent compared to the previous close of Rs 417.85 apiece.
During the recent financial quarters, the company’s prime indicators of business, viz, its operating revenues as well as after-tax profits, reported a jump in numbers with the former increasing from Rs 44.36 crores during Q3FY24 to Rs 46.49 crores during Q4FY24 and the latter, keeping the timeframe the same, rising from Rs 3.35 crores to Rs 6.30 crores.
In addition, the company’s financial performance, on a YoY basis too, has reported growth in the metrics discussed above with the operating revenues increasing from Rs 141 crores during FY23 v/s Rs 172 crores during FY24 and the bottom-line numbers increasing from Rs 9 crores to Rs 16 crores, indicating a jump of around 78 percent YoY.
BEW Engineering Limited
With a market capitalization of Rs 494.68 crores, the stocks of BEW Engineering Limited, designing and manufacturing filtration mixing and other drying equipment, started their trading session on Friday at Rs 1,630.00 per share and currently trades at Rs 1,698.65 apiece, gaining approximately 4.21 percent compared to the previous close of Rs 1,630.00 apiece.
During the recent financial quarters, the company’s prime indicators of business, viz, its operating revenues as well as after-tax profits, reported movements in opposing directions with the former, on one hand, reducing from Rs 66 crores during H1FY24 to Rs 55 crores during H2FY24 and the latter, on the other hand, rising from Rs 4 crores to Rs 9 crores.
In addition, the company’s financial performance, on a contrasting note, has reported decent growth in the metrics discussed above with the operating revenues increasing from Rs 106 crores during FY23 v/s Rs 121 crores during FY24 and the bottom-line numbers increasing from Rs 7 crores to Rs 14 crores, indicating a jump of around 100 percent YoY.
Kapston Services Limited
With a market capitalization of Rs 356.06 crores, the stocks of Kapston Services Limited, providing facility management and other staffing services, started their trading session on Friday at Rs 350.15 apiece and currently trades at Rs 351.00 per share, slipping approximately 0.23 percent compared to the previous close of Rs 351.80 apiece.
During the recent financial quarters, the company’s prime indicators of business, viz, its operating revenues as well as after-tax profits, reported a jump in numbers with the former increasing from Rs 137.06 crores during Q3FY24 to Rs 141.47 crores during Q4FY24 and the latter, keeping the timeframe the same, rising marginally from Rs 2.69 crores to Rs 2.76 crores.
In addition, the company’s financial performance, on a YoY basis too, has reported growth in the metrics discussed above with the operating revenues increasing from Rs 399 crores during FY23 v/s Rs 520 crores during FY24 and the bottom-line numbers increasing from Rs 5 crores to Rs 13 crores, indicating a jump of around 160 percent YoY.
Written by Amit Madnani
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