The share price of this advertising firm gained 2.8 percent to an Intraday high of Rs 45.70 per share on Thursday after the company received an advertisement campaign amount of Rs 1.80 crores from the Bharatiya Janata Party ( BJP).
With a market capitalization of Rs 81.24 crores, at 3:15 pm, the shares of Graphisads Limited closed at Rs 44.40 a piece on Thursday’s trading session. Comparing today’s high of Rs 45.70 per share to a previous close of Rs 44.45 per share, the shares gained by 2.8 percent.
According to the company’s stock exchange filings, the firm has successfully executed an outdoor advertisement campaign for the BJP for the 2024 general elections held for the states in Delhi and Punjab.
Graphisads Limited advertised the campaign through mediums such as billboards, bus shelters, public utilities, and other high-impact outdoor spaces. For this, the company was awarded a tender worth Rs 1.80 crores by the BJP.
As for the financials of Graphisads Limited, On a year-on-year basis, the revenue from operations increased by 15.3 percent from Rs. 98 crores in FY22-23 to Rs 113 crores in FY23-24.While the net profits of the firm decreased by 33.3 percent from Rs. 6 crores in FY22-23 to Rs 4 crores in FY23-24.
As of March 2024, the firm’s shareholding pattern stood at 73.66 percent for promoters and 26.34 percent for the public.
The company’s revenue varies geographically, with 0.05% generated from the east zone of India, 13% from the west zone, 61.5% from the north zone, and 24.5% from the south zone.
In terms of sector-wise revenue distribution, the company obtains 15.5% of its revenue from the government sector, 60% from the private sector, and 24.5% from the public sector.
Incorporated in the year 1987, Graphisads Limited is an integrated marketing, advertising, and communications agency providing a wide range of advertising solutions.
Written By Zahal
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