Shares of this micro-cap company, specializing in the production and installation of various aluminum products, rose by 4 percent on Wednesday. The surge followed the announcement of a Rs.7.6 crore order from Godrej Projects Development Limited for the supply, installation, testing, and commissioning (SITC) of aluminum windows and railing works.
Price Movement
During Wednesday’s trading session, Aluwind Architectural Ltd’s share price reached an intra-day high of Rs.59.00 per share, hitting a 2 percent upper circuit from its previous close of Rs.56.70 each. The shares have retreated since then and currently trading at Rs.56.10 apiece.
What Happened
Aluwind Architectural Ltd has secured an order from Godrej Projects Development Limited for the Supply, Installation, Testing, and Commissioning (SITC) of aluminum windows and railing works at the premium “Godrej Gardens” project in Mumbai.
The contract, awarded by a domestic entity, involves the execution of SITC services for aluminum products and is valued at Rs.7,60,06,347 (excluding GST). The project is set to be completed within 24 months from the date of order acceptance.
Product Offerings
Aluwind provides a range of products for architectural applications, including aluminum windows and doors, curtain walls, structural and spider glazing systems, aluminum composite cladding, skylights, and canopies.
Significant Projects
Aluwind Architectural has executed several significant projects across India, including prominent commercial developments like Gigaflex K Raheja in Airoli West, Supreme IOB in Mumbai, and ABB Nashik. These projects often incorporate diverse product configurations such as Aluminum Composite Panels (ACP), curtain walls, and advanced glazing systems.
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Financial Overview
In its latest financial update, the company reported net sales of Rs.45.46 crore for Q2 FY25, marking a 10 percent increase from Rs.41.36 crore in Q2 FY24. However, net profits saw a 40 percent decrease, reaching Rs.2.26 crore, compared to Rs.3.73 crore during the same period last year.
Important Financial Ratios
The Return on Capital Employed (ROCE) of the company stands at 14.74 percent, while the Return on Equity (ROE) is 11.29 percent.
The company’s Price-to-Earnings (P/E) ratio is 18.71, which is lower than the industry average of 24.09. Additionally, the company maintains a stable current ratio of 2.73 and an Earnings Per Share (EPS) of Rs.3.03.
About the Company
Aluwind Architectural Ltd is a leading company in the construction sector, focused on designing, manufacturing, and installing a variety of architectural aluminum products.
The company is headquartered in Pune, Maharashtra, India, and operates a 45,000-square-foot manufacturing facility featuring advanced equipment such as CNC machines and powder coating systems.
Written by – Siddesh S Raskar
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