Synopsis:
Aesthetik Engineers jumped sharply after securing a work order worth Rs 5.50 crore from Vertical Realtors Pvt. Ltd. for façade installation at the “Ekatva Onyx” project in Mumbai.
The shares of this leading interior designer provider are in focus after bagging a significant order, marking its entry into the Mumbai real estate market. In this article, we will discuss more about it in detail.
With a market capitalization of Rs 203 crore, the shares of Aesthetik Engineers Ltd made a day high of Rs 119.90 per share, up by 2 percent from its previous day closing price of Rs 118 per share. In the last one year, the stock has delivered a positive return of 34 percent.
About the order
Aesthetik Engineers Limited has landed a work order valued at Rs. 5.50 crore from Vertical Realtors Pvt. Ltd. in Mumbai. This project involves the supply and installation of façade work for their development called “Ekatva Onyx.” The timeline for completing the project is set for eight months, starting from when they receive the letter of acceptance (LOA).
This order is a major milestone for the company, marking its debut in the Mumbai and suburban real estate market. It not only expands their geographical footprint but also bolsters their standing in the façade engineering sector across India.
Also Read: IT stock to buy now for an potential upside of 30%; Recommended By Morgan Stanley
Financial Highlights
The company reported a revenue of Rs 66.29 crore in FY25, up by 9 percent from its FY24 revenue of Rs 60.72 crore. Regarding its profitability, it reported a net profit growth of 12 percent to Rs 5.65 crore in FY25 as compared to Rs 5.03 crore in FY24.
The stock delivered an ROE and ROCE of 19 percent and 21.55 percent respectively, and is currently trading at a high P/E of 36.54x as compared to its industry P/E of 20.48x.
Aesthetik Engineers Limited, established in 2003, is a dynamic company that focuses on delivering top-notch interior design and façade solutions. They handle everything from design and engineering to manufacturing and installation of architectural façades, aluminum doors and windows, railings, stairs, and Glassfibre Reinforced Concrete (GFRC) elements.
Their expertise spans across various sectors, including hospitality, residential, commercial, and infrastructure projects. Their impressive product lineup features structural glazing, curtain walls, spider glazing, cladding solutions, aluminum louvers, skylights, domes, and tailored doors, windows, railings, and stairs.
Written by Satyajeet Mukherjee
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post Microcap stock jumps after receiving ₹5 Cr order from Vertical Realtors for infra project appeared first on Trade Brains.