Jayant Infratech And Zeal Global Corp Good to Excellent Results, RBM Infracon Excellent Results

Jayant Infratech Ltd.

Recent filing: (GOOD TO EXCELLENT RESULTS) For the half year ending Sep-24 for Jayant Infratech, Sales up 72% YoY from INR 32 Cr in Sep-23 to INR 55 Cr in Sep-24. Similarly, Net Profit up 50% from INR 2 Cr to INR 3 Cr. On a HoH basis, Sales down 5% and Net Profit remained flat.

Question 1: Who are the promoters of Jayant Infratech?

Incorporated in 2003, Jayant Infratech is a technology driven company involved in Railway Electrification & Infrastructure Projects. Its major work encompasses electrification of new & existing Railway tracks. Its services include concept to commissioning of Railway Infrastructure from design to energization

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Zeal Global Corp

Recent filing: (GOOD TO EXCELLENT RESULTS) For the half year ending Sep-24, Sales up 81% YoY from INR 94 Cr in Sep-23 to INR 170 Cr in Sep-24. Similarly, Net Profit up 80% from INR 5 Cr to INR 9 Cr. On a HoH basis, Sales up 68% and Net Profit up 29%.

SUMMARY: 5y Operating Profit uptrend | PE 14.4x (Sector PE range 10-40) | Excellent Sep-24 Results | Asset Expansion | IPO | Logistics

  • MCap of INR 240 Crore (share price = INR 180 / share) (as on 18th Nov 2024)
  • TTM PE 14.4x (as on 18th Nov 2024) Retail float = 12% (Sep-24)

FOOD FOR THOUGHT: Highly competitive sector.

Question 1: Who are the promoters of Zeal Global Corp?

Company operates in the Air Cargo Industry, providing logistics solutions as a General Sales and Service Agent (GSSA) and sales partner for various airlines in the region.

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RBM Infracon Ltd.

Recent filing: (EXCELLENT RESULTS) For the quarter ending Sep-24, Sales up 3.2x YoY from INR 20.16 Cr in Sep-23 to INR 64.52 Cr in Sep-24. Similarly, Net Profit up 4.9x from INR 1.35 Cr to INR 6.61 Cr. On a QoQ basis, Sales up 66% and Net Profit up 2x.

SUMMARY: 4y Operating Profit uptrend | 1q Operating Profit uptrend | PE 41.5x (Sector PE range: 30-60) | Excellent Sep-24 Results | Ace Investor | Large Order | Order book of INR 1,384 Cr as on Jun 2024 (9.2x of TTM revenue) | EPC

FUTURE OUTLOOK: As per Q1FY25 Concall, Company is projecting a CAGR of 57-65% in revenue from FY24 to FY26, with operating margins expected to range between 13-15% | For FY25, company is targeting for a revenue of INR 400 crore, a net profit (PAT) of INR 40 Cr.

  • MCap of INR 782 Crore (share price = INR 774 / share) (as on 18th Nov ‘24)
  • TTM PE 41.5x (as on 18th Nov ‘24) Retail float = 14.5% (Sep-23)

FOOD FOR THOUGHT: Negative operating cash flow for FY24.

Question 1: Who are the promoters of RBM Infracon?

RBM Infracon is engaged in the business engineering, execution, testing, commissioning, operation and maintenance particularly in the field of mechanical and rotary equipment for Oil & Gas Refineries, Gas Cracker Plants, Coal/Gas/WHR based Power Plants, Petrochemicals, Chemicals, Cement industries.

Also Read: Systematix Corporate Services, Pitti Engineering And Izmo Good to Excellent Results