Q1 PAT up 114 percent on 32 percent revenue growth; Rs 27.5cr capex approved
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 4.5 pts more than Nifty Microcap 250 and 5.4 pts more than its Iron & Steel Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Q1 FY27 revenue Rs 35.19cr vs Rs 26.62cr up 32 percent. PAT Rs 45.14 lakh vs Rs 21.07 lakh up 114 percent. Board approved Rs 27.50cr capex to add 500 MTPA Ultra High Purity tube capacity. Raising Rs 22.20cr via preferential issue of equity shares and convertible warrants at Rs 180 per share to promoter group and non-promoters including WSG Co Korea. Vishwambhar Saraf resigns as director due to age, made Chairman Emeritus; Rajendra Saraf takes over as Chairman, Ritvik Saraf appointed as director. Order book Rs 114cr. AGM on August 31.
Strong Q1 with over 100 percent PAT jump. Equity dilution and capex may pressure stock short term but signals UHP tube capacity growth.