Shah Metacorp Ltd seems to be experiencing significant growth, particularly after its impressive Q2 FY25 performance. Here’s a summary of the key points:
- Company Overview: Incorporated in 1999, Shah Metacorp is a micro-cap manufacturer and supplier of stainless steel products, including long products and mild steel items.
- Q2 FY25 Performance:
- Revenue: ₹48.54 crore (up 128% YoY from ₹21.33 crore)
- Operating Profit: ₹2.74 crore (up from ₹0.59 crore)
- Operating Margin: 5.64% (up from 2.77%)
- Net Profit: ₹2.47 crore (up from ₹0.76 crore)
- Annual Performance FY24:
- Revenue: ₹97 crore
- Operating Profit: ₹4 crore
- Net Profit: ₹4 crore (up from ₹2 crore in FY23)
- Share Performance:
- Opened at ₹5.49, previous close was ₹5.23
- Increased around 5% and hit the upper circuit for two consecutive days, closing at ₹5.47
- Current market capitalization: ₹270.66 crore
- 1-year return: ~95%
- Debt Reduction: Reduced from ₹37 crore to ₹6 crore as of September 2024.
This positive momentum in revenue and profit, along with reduced debt, might be factors contributing to the recent rally in its share price. Are you looking for a more detailed analysis or any specific aspect of the company?
Disclaimer: This report is for informational purposes only and should not be considered investment advice. The performance and projections discussed herein are based on publicly available information and historical data. Past performance is not indicative of future results, and investments in stocks carry risks, including the potential loss of principal. It is recommended that investors conduct their own research and consult with a qualified financial advisor before making any investment decisions.
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