The shares of one of the leading integrated marketing, advertising, and communications agencies hit a 5 percent upper circuit in the day’s trade upon receiving a new work order worth Rs. 16 Crores, from the Govt of Maharashtra, Punjab, and Bihar Tourism.
Price Action
With a market capitalization of Rs. 154 Crores, the shares of Graphisads Limited hit a 5 percent upper circuit at Rs. 83.95 per equity share, from its previous day’s close price of Rs. 81.75.
What Happened
Graphisads Limited and its wholly-owned subsidiary Spike Advertising Private Limited have received multiple work orders from the Government of Maharashtra, the Government of Punjab, and Bihar Tourism for outdoor advertising projects across multiple states for a consideration of Rs. 16 Crores.
About the Company
Graphisads Limited is an integrated marketing, advertising, and communications agency providing a wide range of solutions. It offers a high-end ecosystem and end-to-end ad-tech communication solutions platform for advertising media services consisting of Brand Strategy, Communication Strategy, Creative Services, Media Planning, Media Buying, and Media Release services.
It covers advertisement modes such as Newspapers, Magazines, Digital Media, Brochures Printing, Radio, TV, Events and exhibitions, display of Outdoor Hoardings, Digital screens, and street furniture.
Financials & Ratios
Its revenue from operations grew by 14.48 percent from Rs. 98 Crores in FY23 to Rs. 113 Crores in FY24, accompanied by profits of Rs. 6 Crores to Rs. 4 Crores.
In terms of Return ratios, it has reported a return on equity (ROE) of 5.14 percent and a return on capital employed (ROCE) of 11.7 percent. In terms of liquidity ratios, it has reported a debt-to-equity ratio of 0.09.
Written by: Bharath K.S
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