Stocks with a strong order book and robust financials indicate companies with consistent growth potential. With over 15% YOY growth in revenue and net profit, these companies are poised for long-term stability and returns. Keep an eye on firms like Bharat Electronics Limited, NBCC (India) Limited, ITD Cementation India Limited, and Solar Industries India Limited.
Listed below are such stocks that have a strong order book and robust financials of more than 15% YOY growth in revenue and net profit.
1. Bharat Electronics Limited
With a market capitalization of Rs. 2,05,258.59 crore, the shares of Bharat Electronics Limited were trading at Rs. 280.60 per equity share, down nearly around 0.50 percent from its previous day’s close price of Rs. 282.
Bharat Electronics Limited (BEL) recorded an order book of Rs. 74,595 crores as of October 1, 2024. During the first half of FY25, the company secured order inflows amounting to Rs. 7,500 crore and aims to achieve a total order inflow of Rs. 25,000 crore by the end of the fiscal year.
Bharat Electronics Limited’s revenue has increased from Rs. 4,009 crore in Q2 FY24 to Rs. 4,605 crore in FY24, which has increased by 14.87 percent. The net profit of the company has increased by 38.35 percent from Rs. 790 crore in FY23 to Rs. 1,093 crore in FY24.
Bharat Electronics Limited (BEL) was founded in 1954 and headquartered in Bangalore, Karnataka, is a leading player in aerospace and defense electronics. Operating under the Ministry of Defence of India, BEL has earned the prestigious Navratna status.
2. NBCC (India) Limited
With a market capitalization of Rs. 24,030 crore, the shares of NBCC (India) Limited were closed at Rs. 88.90 per equity share, down nearly around 1.10 percent from its previous day’s close price of Rs. 89.89.
NBCC’s consolidated order book totals Rs. 84,400 crore, with Rs. 70,403 crore held by the company. Contributions include Rs. 8,093 crore from HSCL, Rs. 5,915 crore from another HSCL unit, and Rs. 200 crore from NSL.
NBCC (India) Limited’s revenue has increased from Rs. 2,059 crore in Q2 FY24 to Rs. 2,459 crore in FY24, which has increased by 19.43 percent. The net profit of the company has increased by 52.44 percent from Rs. 82 crore in FY23 to Rs. 125 crore in FY24.
NBCC (India) Limited, established in 1960, is a Government of India Navratna Enterprise under the Ministry of Housing and Urban Affairs. The company operates in three key segments, such as project management consultancy, engineering procurement & construction, and real estate.
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3. ITD Cementation India Limited
With a market capitalization of Rs. 8,922.65 crores, the shares of ITD Cementation India Limited closed at Rs. 519.40 per equity share, down nearly around 0.31 percent from its previous day’s close price of Rs. 521.
As of September 2024, ITD Cementation India Limited demonstrates a robust order book of Rs. 17,986 crore. The company secured new orders worth Rs. 3,850 crore in FY25, serving a diverse clientele including government (50%), PSU (11%), and private sector (39%).
ITD Cementation India Limited’s revenue has increased from Rs. 1,610 crore in Q2 FY24 to Rs. 1,991 crore in FY24, which has increased by 23.66 percent. The net profit of the company has increased by 33.33 percent from Rs. 54 crore in FY23 to Rs. 72 crore in FY24.
ITD Cementation India Limited is a prominent player in the construction and engineering sector in India, primarily focusing on heavy infrastructure projects. Below is an overview of the company, including its history, operations, and corporate philosophy.
4. Solar Industries India Limited
With a market capitalization of Rs. 87,008.90 crores, the shares of Solar Industries India Limited closed at Rs. 9615.30 per equity share, down nearly around 0.08 percent from its previous day’s close price of Rs. 9622.55.
As of September 2024, Solar Industries Company Limited has maintained an order book of Rs. 5,757 crore, which includes the orders from defence and CIL & SCCL.
Solar Industries India Limited’s revenue has increased from Rs. 1,347 crore in Q2 FY24 to Rs. 1,716 crore in FY24, which has increased by 27.39 percent. The net profit of the company has increased by 45.45 percent from Rs. 209 crore in FY23 to Rs. 304 crore in FY24.
Solar Industries India Limited (SIIL) was established in 1995 and has grown to become the largest manufacturer of industrial explosives in India. The company holds approximately 30% market share in the Indian explosives market and operates the world’s largest manufacturing facility for packaged explosives.
Written By – Nikhil Naik
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