Bondada Engineering Shares: The share of Bondada Engineering Ltd hit an upper circuit of 5 percent on 27 August. The company received a new 576 crore rupees order, which explains the rise.
With this rise, the company’s share has seen a bumper jump of about 780 percent so far this year. At the same time, in the last year, it has given a multibagger return of about 2,350 percent to its investors.
This means that if an investor had invested Rs 1 lakh in this stock just a year ago and had not sold those shares to date, then today the value of his Rs 1 lakh would have increased to about Rs 24.5 lakh.
On 26 August, the company announced that it received orders from Lumina Clean Energy Private Limited. Purelight Energy Private Limited and VVKR Photovoltaics Energy Limited.
Paradigm IT Technologies Private Limited and Metalcraft Forming Industries Private Limited were formed special purpose vehicles. These are Indian software companies.
These orders include design and survey, supply, install, test, and commission grid-connected solar power plants for select agri feeders.
In a communication sent to the stock exchanges, Bondada Engineering Ltd said that this order has been given in various districts of Maharashtra under PM Kusum Solar Projects and Maharashtra’s ‘Mukhyamantri Saur Krishi Vahini Yojana 2.0’.
The total contract value was 576 crore rupees, according to the company. The company hasn’t shared any information about the completion date of the order.
Bondada Engineering Ltd announced earlier this month the record date of its stock split. The company announced that it would split each share with a value of 10 rupees into five shares of Rs. 2 each.
The record date of this stock split is September 2. Currently, the promoters own 63.33 % of Bondada Engineering.
At the same time, domestic mutual funds have no stake in the company, while foreign portfolio investors hold only 0.6%. Around 1 pm, Bondada Engineering Ltd’s share was trading 5 percent higher at Rs 3,684.45.
Bondada Engineering Ltd Stock Performance
| Market Cap | ₹ 7,959 Cr. |
| Current Price | ₹ 3,684 |
| 52wk High | ₹ 3,684 |
| 52wk Low | ₹ 142 |
| 5 days Return | 11.21% |
| 1 Month Return | 22.61% |
Company’s Fundamentals
| Stock P/E | 178 |
| Book Value | ₹ 75.1 |
| Dividend | 0.00 % |
| ROCE | 35.5 % |
| ROE | 37.2 % |
| Face Value | ₹ 10.0 |
| P/B Value | 49.0 |
| OPM | 8.55 % |
| EPS | ₹ 20.7 |
| Debt | ₹ 62.5 Cr. |
| Debt to Equity | 0.39 |
Bondada Engineering Ltd Shareholdings
| Promoters | 63.33% |
| FII’s | 0.60% |
| Public | 36.08% |
Last 5 Years’ Sales (Figures in Rs. Crores)
| Year | Sales |
| 2020 | 229 |
| 2021 | 287 |
| 2022 | 334 |
| 2023 | 371 |
| 2024 | 801 |
Last 5 Years’ Net Profit (Figures in Rs. Crores)
| Year | Net Profit |
| 2020 | 10 |
| 2021 | 9 |
| 2022 | 10 |
| 2023 | 17 |
| 2024 | 46 |
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