Loyal Equipments Fund Raise, Advait Infratech Order And H. G. Infra Engineering Bulk Deal
Loyal Equipments Ltd.
Recent filing: (FUND RAISE) BoD of Loyal Equipments has considered and approved the issuance of 6L equity shares at INR 211/each, aggregating to INR 12.7 Cr, on a Preferential basis to Promoters and Non-Promoters. Subscribers Includes Sandeep Singh, Rajesh Kumar Singla, Rakesh Loria, and Sourabh Tripathi etc.
SUMMARY: 3y Operating Profit uptrend | PE 31.1x (Sector PE range 30-60) | Fund Raise | Promoter Buying | Ace Investor | Capital Goods – Non Electrical equipment
- MCap of INR 304 Crore (share price = INR 298 / share) (as on 21st Aug ‘24)
- TTM PE of 31.1x (as on 21st Aug ‘24) Retail float = 12.6% (Jun-24)
FOOD FOR THOUGHT: Cash conversion cycle is high (186 days for FY24)
Q1. What are the Products and Services offered by Loyal Equipments ?
Loyal Equipments Limited is engaged in the business of manufacturing, design, supply and commissioning/erection of process equipment like Pressure Vessels, Air Cooled Heat Exchangers, Storage Tanks, Chimneys and various other items for Oil & Gas, Petroleum, Chemical, Sugar, Steel, Fertilizers and Power Plant sector.
Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education
Advait Infratech Ltd.
Recent filing: (ORDER) Advait Infratech has received a work order worth INR 20.3 Cr for EPC Work of MVCC Installation from DGVCL for Southern Gujarat, needs to be executed within 12 months.
SUMMARY: 6y Operating Profit uptrend | PE 78.8x (Sector PE range 50-90) | Fund raise | MoUs | Ace Investor | Green Energy | Power and Telecom Infra
FUTURE OUTLOOK: As per FY24 Investor presentation Order Inflow: INR 210 Cr.
- MCap of INR 2,031 Crore (share price = INR 1,990/share) (as on 21st Aug ‘24)
- TTM PE 78.8x (as on 21st Aug ‘24) Retail float = 16.1% (Jul-24)
FOOD FOR THOUGHT: Intensely competitive EPC industry given low barriers to entry | Dependence on tenders floated by government
Q1. What are the Products and Services offered by Advait Infratech?
Since its establishment in 2009, the Company has been at the forefront of delivering robust products and solutions tailored for power transmission, substation, and telecommunication infrastructure. In 2023, it has diversified into green energy, through its entrance into the supply of electrolysers and fuel cells. The Company has also extended its impact into climate services,
focusing on sustainability consultancy, decarbonization consultancy, and comprehensive carbon consultancy services.
Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery
H. G. Infra Engineering Ltd.
Recent filing: (BULK DEAL) Tata Mutual Fund and Aditya Birla Sun Life Mutual Fund bought 9.7L shares of H.G Infra at an average price of INR 1,566/shares aggregating to INR 151.3 Cr, these shares were sold by Promoters.
SUMMARY: 6y Operating Profit uptrend | PE 19.7x (Sector PE range 10-50) | Institutional entry | Infrastructure
FUTURE OUTLOOK: As per Q1FY25 Investor Presentation, Company has a total Order book of INR 15,642 Cr as of June 2024 | As per Q1FY25 Concall, Company committed for an order inflow of INR 11,000 Cr to INR 12,000 Cr in FY25, with a revenue growth of 17% to 18% and a margin of 15% to 16%.
- MCap of INR 10,585 Crore (share price = INR 1,624 / share) (as on 21st Aug ‘24)
- TTM PE of 19.7x (as on 21st Aug ‘24) Retail float = 9.0% (Jun-24)
FOOD FOR THOUGHT: Client concentration risk: Road projects from NHAI and ARTL contribute to 87% of orderbook as of Dec-23.
Q1. What are the Products and Services offered by H. G. Infra Engineering?
With a resilient two-decade journey, HGIEL has emerged as one of India's fastest-growing construction companies. Its dedication to quality and timely execution has been pivotal in establishing it as a trusted leader in the infrastructure industry. It is engaged in the business of EPC and Maintenance of roads, bridges, flyovers, etc.