The shares of the Light Emitting Diode manufacturer gained 7 percent after the company bagged a prestigious work order from HPL Electric & Power Ltd for Rs 2 crore.
With a market capitalization of Rs 173.37 crore, the shares of Calcom Vision Ltd were trading at Rs 127.85 per share, increasing around 5.10 percent as compared to the previous closing price of Rs 121.65 apiece.
Reason for Rise:-
The company shares have seen positive movement after Calcom Vision Ltd bagged a prestigious work order from HPL Electric & Power Ltd for Rs 2 crore for the regular supply of LED Products, and the company expects further the supplies to grow.
Financial performance:-
Examine the company’s financial condition, revenue dipped by 13 percent from Rs 39.17 crore in H1FY24 to Rs 34.08 crore in H1FY25, and during the same time frame, net profit magnified by 3220 percent from Rs 0.05 crore to Rs 1.66 crore.
Strategic Development:-
Calcom Vision is focusing on expanding its product lines, particularly in energy-efficient technologies and SMART-IoT products, which are expected to drive future growth. The management’s strategic initiatives include enhancing production capabilities and tapping into emerging markets for consumer electronics, which may provide additional revenue streams moving forward.
Manufacturing & Expansion Capacity:-
Calcom produces 3 million LED lamps and 1 million LED battens monthly, with over 15 million LED lamps and 10 million drivers manufactured to date. Since entering the mass LED bulb market in 2020, it has scaled production from 100K to 2 million lamps monthly.
Calcom has boosted its 2×2 panel production capacity to 50,000 units monthly and expanded its finished goods storage by adding 40,000 square feet. This capacity increase aligns with the company’s growth strategy and positions it to meet rising market demand efficiently.
Clientele:-
Calcom is an approved manufacturer for leading brands like Panasonic, Bajaj, Osram, Ledvance, Great White, C&S, USHA, and Havells. The company’s strong clientele underscores its reputation for delivering high-quality products trusted by top-tier brands in the industry.
Ratio analysis:-
The company’s critical ratios show that the return on equity decreased from 16.18 percent in FY22-23 to 2.73 percent in FY23-24, while the return on capital employed decreased from 14.27 percent to 7.27 percent. The net profit margin (NPM) for fiscal year 23-24 is 0.82 percent.
Shareholding pattern:-
In the company’s recent shareholding pattern, the Promoters of the company own 64.51 percent while Retail shareholders own a 25.11 percent stake in the company and Foreign Institutional Investors own a 7.30 percent stake.
Company Profile:-
Calcom Vision Limited is an India-based original designer and manufacturer (ODM). The Company is a supplier of a range of lighting products to various multi-national brands, both in India and overseas. The Company is engaged in the manufacturing and selling of lighting and electronics products.
Written by:- Abhishek Singh
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