Synopsis:
Bhadora Industries Limited received a Rs. 20.95 crore order from a Chhattisgarh power company for aluminum cable supply.
This Penny Stock, engaged in the manufacturing of industrial cables for efficient electricity transmission and distribution, serving government discoms and EPC companies across various infrastructure sectors, jumped 6 percent after securing an order worth Rs. 21 crore from a reputed power company based in Chhattisgarh.
With a market capitalization of Rs. 175.77 crores, the share of Bhadora Industries Limited has reached an intraday high of Rs. 96.95 per equity share, rising nearly 5.67 percent from its previous day’s close price of Rs. 91.75. Since then, the stock has retreated and is currently trading at Rs. 94.50 per equity share.
What is the news?
Bhadora Industries Limited has received a new order from a reputed power company based in Chhattisgarh. The order is for the supply of single-core aluminum cables of different sizes, including 1CX70 Sqmm, 1CX150 Sqmm, and 1CX300 Sqmm. These cables are ISI-marked and made for 1100-volt grade use.
The total value of this new order is approximately Rs. 20.95 crore. The order highlights the company’s growing presence in the domestic power sector and its ability to deliver quality electrical products that meet strict technical requirements. This contract adds to Bhadora Industries’ order book, supporting its future revenue growth.
According to the agreement, the supply will start within two months from the order date, with 50 percent of the quantity to be completed within the next three months. The remaining 50 percent will be supplied after a performance review and as per the client’s demand.
Company Overview
Bhadora Industries Limited was established in 1986 and is headquartered in Madhya Pradesh, and operates under the brand ‘Vidhut Cables’. The company manufactures industrial cables for electricity transmission and distribution, catering to government discoms and EPC companies in the infrastructure sector. The company produces PVC, low-voltage, XLPE, and Aerial Bunched cables, using in-house drawn copper and aluminum to ensure quality and cost efficiency.
Recent quarter results
Coming into financial highlights, Bhadora Industries Limited’s revenue has increased from Rs. 81 crore in FY24 to Rs. 110 crore in FY25, which has grown by 35.80 percent. The net profit has also grown by 120 percent from Rs. 5 crore in FY24 to Rs. 11 crore in FY25. Bhadora Industries Limited’s revenue has grown at a CAGR of 94.28 percent over the last three years.
In terms of return ratios, the company’s ROCE and ROE stand at 57.5 percent and 69.4 percent, respectively. Bhadora Industries Limited has an earnings per share (EPS) of Rs. 8.17, and its debt-to-equity ratio is 0.94x.
Written By – Nikhil Naik
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