Synopsis:
The company has won a ₹2.56 crore order from Bridge and Roof for HPCL Visakh Refinery, Vishakhapatnam, for insulation supply and application, to be completed within five months.
This Penny Stock, engaged in manufacturing and contracting insulation products including nodulated and granulated wool made from mineral and ceramic fiber nodules, and prefabricated thermal insulation jackets, jumped 10 percent after securing an order worth Rs. 2.56 crore from HPCL Visakh Refinery.
With a market capitalization of Rs. 61.93 crores, the share of Indobell Insulations Limited has reached an intraday high of Rs. 100.95 per equity share, rising nearly 9.85 percent from its previous day’s close price of Rs. 91.90. Since then, the stock has retreated and is currently trading at Rs. 98.30 per equity share.
Reason Behind the Surge
Indobell Insulations Limited has secured a significant order worth Rs. 2.56 crore for HPCL Visakh Refinery in Vishakhapatnam. The contract involves the supply and application of insulation materials, which are essential for maintaining energy efficiency and safety in refinery operations.
The work is to be completed within five months and has been awarded by a domestic entity. This order reinforces Indobell’s position in the industrial insulation sector and reflects its expertise in executing specialised insulation projects.
Company Overview
Indobell Insulations Limited was incorporated in May 1972 and specializes in manufacturing insulation products such as nodulated and granulated wool made from mineral and ceramic fiber nodules, as well as prefabricated thermal insulation jackets.
The company’s products serve a wide range of applications, including thermal and acoustic insulation in power plants, railways, aeronautics, navigation, commercial buildings, and industrial plants. The company also provides related services such as consultancy, engineering, fabrication, material supply, installation, supervision, and project management for insulation projects.
Product Portfolio
Indobell Insulations Limited’s product portfolio includes mineral fiber nodules, ceramic fiber nodules (used for brake blocks, heat shields, and industrial equipment), and pre-fabricated thermal insulation jackets designed for energy conservation and safety in process equipment. The company caters mainly to the power industry, requiring insulation, lining services, refractory, passive fire protection, and borosilicate lining for chimneys.
Recent quarter results
Coming into financial highlights, Indobell Insulations Limited’s revenue has increased from Rs. 9.71 crore in H2 FY24 to Rs. 20.19 crore in H2 FY25, which has grown by 107.93 percent. The net profit has also grown by 225.93 percent from Rs. 0.54 crore in H2 FY24 to Rs. 1.76 crore in H2 FY25. Indobell Insulations Limited’s revenue and net profit have grown at a CAGR of 38.84 percent and 144.41 percent, respectively, over the last three years.
In terms of return ratios, the company’s ROCE and ROE stand at 23.7 percent and 20.7 percent, respectively. Indobell Insulations Limited has an earnings per share (EPS) of Rs. 3.48, and its debt-to-equity ratio is 0.16x.
Written By – Nikhil Naik
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