Net profit increased by 250%; Back-to-back upper circuit, 6x growth in 1.7 yrs, market-cap below ₹65 crore

The shares of Penny Company engaged in the business of industrial chain and sprocket manufacturing, have been continuously hitting the upper circuit for the last few days.

The name of the company is Rolcon Engineering Company Limited (BSE: 505807) and it has been continuously hitting the upper circuit for the last few days. Today also it opened with an upper circuit of 5% and shares hit a new 52-week high of Rs 835.30 on BSE. Its 52-week high is Rs 835.30 and its 52-week low is Rs 274.35.

With a market cap of less than Rs. 65 crores, Rolcon Engineering Company has delivered marvelous returns to its investors. It has given nearly 21.52 percent returns in the last five days, 40.39% in one month, and 79.25% in six months, whereas it has given more than 170% returns within a year. So far, it has given positive returns of around 40.39 percent in 2024 YTD.

Massive Growth in Net Profit

Standalone Figures in Rs. Crores

Dec 202211.020.539.17%
Sep 202314.640.676.49%
Dec 202312.821.854.21%

In Q3 FY23-24, Rolcon Engineering Company Limited witnessed a substantial quarter-on-quarter (QoQ) growth in net profit which increased by 176.12 percent from Rs 0.67 crore in Q2 FY23-24 to Rs 1.85 crore.

On a year-on-year (YoY) basis, the net profit demonstrated an even more impressive growth, rising by 249.06 percent from Rs 0.53 crore in the third quarter of FY22-23 to Rs 1.85 crore in Q3 FY23-24.

Despite a QoQ contraction of 12.43 percent, with sales declining from Rs 14.64 crore in the second quarter of FY23-24 to Rs 12.82 crore in Q3 FY23-24, year-on-year comparison shows a positive trend.

Rolcon Engineering reported a 16.33 percent growth in revenue from operations from Rs 11.02 crore in the third quarter of FY22-23 to Rs 12.82 crore in Q3FY23-24.

In a recent December quarter, the company recorded an impressive EPS of Rs 24.47, which shows significant growth compared to the EPS of Rs 8.86 reported in September 2023 and Rs 7.01 in December 2022.

Last 5 Years Profit & Loss Statements

Standalone Figures in Rs. Crores

Mar 201939.191.434%
Mar 202036.190.493%
Mar 202125.530.574%
Mar 202241.902.9310%
Mar 202347.553.2211%

Last 10 Years Compounded Sales and Profit Growth

PeriodSales GrowthProfit Growth
10 Years2%11%
5 Years8%78%
3 Years10%90%

Rolcon Engineering Shares Performance

Shares of Rolcon Engineering were listed on BSE in July 2022 and since its listing, it has delivered marvelous returns. This stock has given 88% returns in the last six months and more than 170% within a year. You can check the tables below to know the performance in detail.

Stock Soars More than 170 Percent in 12 Months

PeriodClosingGrowthReturns on ₹10k

Rolcon Engineering shares increased more than double in nine months, 183% in ten months. The company’s overall performance over the last 12 months is 172.31% and for investors who invested ₹10,000 in it 12 months ago, its value has grown to ₹27,231 today.

Rolcon Engineering Shares Performance in 2023

MonthOpeningClosingGain/ Fall
Total Returns in 202387.92%

The share price of Rolcon Engineering in January 2023 was ₹318.60 and on the last trading day of the year, it closed at ₹598.70 with a gain of 87.92%.

More than 550 Percent Growth in less than 2 Years

In the table below you can check the company’s absolute returns and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 10,000 then what is the value of those Rs 10,000 worth of shares today…

PeriodGrowthReturns on ₹10kCAGR
  • If we look at the performance of the last 12 months, it has seen a rise of more than 170 percent.
  • From listing, it has increased investors’ money by more than 6 times.
  • For investors who had invested Rs 10,000 in it on listing days, the value of those ₹10 thousand shares has increased to ₹67,300 today.
  • The company’s stock CAGR growth since listing is 225.39 percent.

Rolcon Engineering Performance since Listing (Year-wise)

YearOpenCloseGain/ Fall
industrial chain and sprocket manufacturing
Rolcon Engineering Company is engaged in the business of industrial chain and sprocket manufacturing.

Rolcon Engineering Company Ltd. Fundamentals

Market Cap₹ 63.5 Cr.
Current Price₹ 835
High / Low₹ 835 / 275
Intrinsic Value₹ 759
Book Value₹ 264
Face Value₹ 10.0
ROCE26.6 %
ROE18.4 %
PEG Ratio0.21
EPS₹ 52.1
P/B Value3.16
Dividend Yield0.24 %
Stock P/E16.1
Industry PE35.1
OPM6.99 %
Quick Ratio1.48
Debt₹ 0.21 Cr.
Debt to equity0.01
Current liabilities₹ 11.0 Cr.
Current assets₹ 20.6 Cr.
Return on Assets11.5 %
Reserves₹ 19.2 Cr.
Cash Equivalents₹ 6.87 Cr.
Inventory₹ 4.35 Cr.

Shareholding Pattern of Rolcon Engineering Company Ltd.

Mar 202143.28%17.86%38.86%
Mar 202243.28%17.86%38.86%
Mar 202343.28%10.85%45.87%
Jun 202343.28%9.74%46.97%
Sep 202343.28%9.74%46.97%
Dec 202343.28%9.74%46.98%

The promoter’s stake has remained the same for the last three years. Although FIIs have sold 8.12% stakes in the last 3 years, there has been no sale in the last 3 quarters.

5/5 - (1 vote)

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