An order book is a critical tool for businesses that rely on sales and revenue generation. It provides a snapshot of future sales commitments and plays a pivotal role in shaping a company’s financial health.
A company’s order book can provide insights into its operational performance, goodwill, future prospects, and many more that can help it gain a competitive advantage over its competitors and grow further thereby building a name for itself.
Listed below are such companies whose order book is more than its market capitalization:
Skipper Ltd
With a market capitalization of Rs. 3,989 crores, the shares of Transmission and Distribution Structures manufacturing company started Monday’s trading session on a higher note at Rs. 367 compared to its previous close of Rs. 365.15. During the trading session, the shares hit a high of Rs. 376, gaining around 1 percent and are currently trading at Rs. 366 apiece.
Coming onto the company’s financial statements, the revenue zoomed by 44 percent from Rs. 801.58 crores during the December quarter to Rs. 1,153.51 crores in the March quarter. In addition, the net profits increased by 23 percent from Rs. 20.47 crores to Rs. 25.16 crores during the same period.
As of March 2023, the company had an order book amounting to Rs. 6,215 crores, equivalent to 1.5 times its market capitalization. Of these orders, 53 percent came from the T&D segment, 13 percent from exports, and the remaining 34 percent from the Non-T&D Domestic segment.
Patel Engineering Ltd
With a market capitalization of Rs. 5,835 crores, the shares of the infrastructure company started Monday’s trading session on a flatter note at Rs. 69.06 compared to its previous close of Rs. 69.44. During the trading session, the shares hit a low of Rs. 78.46, losing around 1 percent and are currently trading at Rs. 68 apiece.
Looking at the company’s financial statements, the revenue zoomed by 27 percent from Rs. 1,061.01 crores during the December quarter to Rs. 1,343.18 crores in the March quarter. In addition, the net profits magnified by 106 percent from Rs. 68.59 crores to Rs. 140.94 crores during the same period.
As of March 2023, the company had an order book amounting to Rs. 19,134.7 crores, equivalent to 3.27 times its market capitalization. Around 62 percent of these orders were from Central Government or PSU entities, with 35 percent sourced from State Government Departments. The remaining 3 percent came from international markets.
According to the BSE data, Ace Investor Mr Vijay Kedia entered the stock in December 2022 via Kedia Securities Private Limited and currently holds 1.2 crore equity shares equivalent to a 1.42 percent stake in this company. The current holding value of his investment amounts to Rs. 70.32 crores.
Capacit’e Infraprojects Ltd
With a market capitalization of Rs. 2,682 crores, the shares of the company engaged in the EPC business for housing started Monday’s trading session on a lower note at Rs. 315.10 compared to its previous close of Rs. 319.40. During the trading session, the shares hit a low of Rs. 312.30, gaining around 2 percent and are currently trading at Rs. 316 apiece.
Looking at the company’s financial statements, the revenue increased by 25 percent from Rs. 480.68 crores during the December quarter to Rs. 598.89 crores in the March quarter. In addition, the net profits surged by 75 percent from Rs. 29.58 crores to Rs. 51.81 crores during the same period.
As of March 31, 2024, Capacit’e Infraprojects has an order book of Rs. 9,011 crores, equivalent to 3.35 times its market capitalization. Out of these, the public sector accounts for 69 percent, while the private sector accounts for 31 percent of the total order book. Further, this order book includes various projects such as commercial buildings, healthcare facilities, hospitals, medical colleges, police housing, and residential projects.
Written By Vaibhav Patil
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