24,000% Net Profit Growth: Stock Jumps 8% After Announcing Robust Q3 Results
Alex Smith
3 weeks ago
Synopsis: Trishakti Industries Ltd surged 8% after securing a work order from Afcons Infrastructure Ltd and reporting strong quarterly results, with revenue jumping 410% YoY from ₹1.57 crore in Q3 FY25 to ₹8.00 crore in Q3 FY26, and net profit soaring 24,000% YoY from ₹0.01 crore to ₹2.41 crore.
The shares of a micro-cap company specialising in the rental, leasing, and deployment of heavy earth-moving equipment and specialised machinery for major infrastructure and industrial projects in India are in focus in today’s trade, having risen by 8 percent following a work order from Afcons and their Q3 results.
With a market capitalization of Rs. 250.11 Crores on Tuesday, the shares of Trishakti Industries Ltd rose upto 7.7 percent, reaching a high of Rs. 159.70 compared to its previous close of Rs. 148.15.
What Happened
Trishakti Industries Ltd engaged in the rental, leasing, and deployment of heavy earth-moving equipment, is in the spotlight today as they received a work order and have announced their Q3 results as follows:
Work Order
Trishakti Industries Limited has received a new domestic work order from Afcons Infrastructure Ltd for deploying advanced machinery along with skilled manpower at one of Afcons’ key project sites. To execute this contract, the company has made a fresh capital expenditure of approximately Rs. 72 million (₹7.2 crore), towards the purchase of advanced machinery.
The initial contract period is six months, with the contract value expected to be upwards of Rs. 9 million (₹0.9 crore) inclusive of taxes. The company believes this order strengthens its business outlook by improving revenue visibility and profitability in the coming quarters.
Results
Its Revenue from operations rose by 410 percent YoY from Rs. 1.57 Crores in Q3FY25 to Rs. 8.00 Crores in Q3FY26, and it rose by 20 percent QoQ from Rs. 6.65 Crores in Q2FY26 to Rs. 8.00 Crores in Q3FY26.
Its Net Profit YoY rose by 24,000 percent from Rs. 0.01 Crores in Q3FY25 to Rs. 2.41 Crores in Q3FY26, and on a QoQ basis, it rose by 53 percent from Rs. 1.58 Crores in Q2FY26 to Rs. 2.41 Crores in Q3FY26. The earnings per share (EPS) for the quarterly period stood at Rs. 1.47, compared to Rs. 0.01 in the previous year’s quarter.
Trishakti Industries Ltd. is a major Indian company that provides heavy machines and equipment on a rental basis for large construction and industrial projects. It is a brand of great trust among the big-name companies like Tata Steel, Reliance, Jindal Steel, and L&T. Basically, it has been the standout company in the line of service, by the standards of which it has delivered modern and quality machinery and timely support to its clients.
The company with its varied and advanced instruments, is the enabler of companies in the different sectors like Steel, Cement, Railways, and Infrastructures to complete their projects in less time and more efficiently. The company, by giving powerful machines for rent, is a great enabler of India’s infrastructure build-up and is helpful in the economic growth of the country.
The company demonstrates strong profitability and efficient capital utilization, with a ROCE of 14.2% and an impressive ROE of 19.4%. A low PEG ratio of 0.38 indicates that the stock may be attractively valued relative to its growth prospects, suggesting potential upside for long-term investors.
Over the last five years, the company has delivered robust earnings performance, achieving a profit growth CAGR of 94.1%. This growth has been supported by disciplined financial management, reflected in a healthy dividend payout of 29.8% and a significant improvement in operational efficiency, as working capital days reduced from 51.8 days to 14.1 days.
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