This stock has given excellent returns to its investors. Whether they have invested in it at the time of IPO or after listing, both types of investors have earned very good profits from this stock.
The company’s IPO (SME) came in September 2023 and was issued at a price of ₹102 and was listed at ₹203.45. At present, when we are writing this post, the price of one share is hovering around ₹743.
That means investors who got 1 lot (1200 stocks) of it in IPO got a huge return of 628.43% and those who invested in it after listing got a return of 265.20% in just 4 months.
| Period | Growth | Returns on 1 Lot |
|---|---|---|
| 1M | 59.58% | ₹195,325 |
| 2M | 124.81% | ₹275,169 |
| 3M | 169.99% | ₹330,462 |
| 4M | 265.20% | ₹447,005 |
| IPO | 628.43% | ₹891,600 |
About the Company
Meson Valves is a supplier of valves, strainers, actuators, and remote-control valve systems to domestic and international markets.
Meson Valves is engaged in the business of buying, selling, distributing, importing, exporting, and dealing in products such valves, actuators, control cabinets, remote control systems, tanks, piping, pumps, fittings, flanges, and measurement devices as well as provides installation and maintenance service for this products.
| Market Cap | ₹719 Cr. |
| Current Price | ₹743 |
| High / Low | ₹766 / 194 |
| Stock P/E | 159 |
| Industry PE | 52.4 |
| Face Value | 10 |
| ROCE | 32.8 % |
| ROE | 39.7 % |
| Debt | ₹11.5 Cr. |
| Debt to equity | 0.22 |
| Reserves | ₹42.3 Cr. |
| Cash Equivalents | ₹13.4 Cr. |
| Inventory | ₹8.70 Cr. |
| Current liabilities | ₹26.1 Cr. |
| Current assets | ₹59.8 Cr. |
Meson Valves Last 3 years Profit & Loss
Figures in Rs. Crores
| Profit & Loss | Mar 2021 | Mar 2022 | Mar 2023 |
| Sales | 15.32 | 14.1 | 36.65 |
| Operating Profit | 0.61 | 3.75 | 7.01 |
| OPM % | 3.98% | 27% | 19.13% |
| Other Income | 0.1 | 0.22 | 0.54 |
| Net Profit | 0.12 | 2.13 | 4.52 |
Shareholding Pattern
| Shareholding Pattern | Sep 2023 |
| Promoters | 32.83% |
| FIIs | 1.90% |
| DIIs | 2.48% |
| Public | 62.79% |
Disclaimer: This article is for informational purposes only and should not be considered investment advice.