Renewable energy stock jumps 10% after receiving order to supply six 2250-KVA DG sets

Renewable energy stock jumps 10% after receiving order to supply six 2250-KVA DG sets


One of the Micro-cap stocks specializing in engineering, procurement, and construction (EPC) services and data services. The stock has jumped 10.03 percent after securing an order from Powerica Limited for six 2250 KVA DG sets at the Nxtra Data Centre in Pune. 

Stock Price Movement: 

With a market capitalization of Rs. 334.79 crores, the shares of Lakshya Powertech Limited were trading at Rs. 340 per equity share, rising nearly around 10.3 percent from its previous day’s close price of Rs. 309. 

What Happened: 

Lakshya Powertech Limited has secured a purchase order from Powerica Limited for the supply and installation of erection materials for six 2250 KVA DG sets at the Nxtra Data Centre in Pune. 

The order is valued at Rs. 3.65 crore (excluding taxes) and is to be executed within three months. This domestic project reflects Lakshya Powertech’s commitment to delivering high-quality solutions for critical infrastructure in the data center sector. 

Services Offering: 

Lakshya Powertech excels in EPCC services, integrated O&M, special services, and trading operations across oil and gas, power, renewable energy, and industrial sectors. It delivers engineering solutions, tailored project support, and energy product trading with unmatched expertise and reliability. 

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Recent quarter results and ratios: 

Lakshya Powertech Limited’s revenue has increased from Rs. 64 crore in H1 FY24 to Rs. 67 crore in H1 FY25, which has grown by 4.69 percent. The net profit of Lakshya Powertech Limited has also grown by 75 percent, from Rs. 4 crore in H1 FY24 to Rs. 7 crore in H1 FY25. 

Lakshya Powertech Limited’s revenue and net profit have grown at a CAGR of 115.06 percent and 287.30 percent, respectively, over the last two years. 

In terms of return ratios, the company’s ROCE and ROE should be 55.2 percent and 79.5 percent, respectively. The debt-to-equity ratio of the company is to be 0.72x. Lakshya Powertech Limited’s EPS is to be Rs. 20.1. 

Shareholding pattern: 

In September 2024, Lakshya Powertech Limited had a majority stake held by the promoters at 69.22 percent, foreign institutional investors at 5.47 percent, domestic institutional investors at 5.69 percent, and the public at 19.62 percent.

Company Overview: 

Lakshya Powertech Limited was established in 2012 and is headquartered in Gujarat, India. The company is a premier infrastructure company specializing in engineering, procurement, and construction (EPC) services for power and infrastructure sectors. 

The company excels in power transmission, renewable energy, and industrial projects, offering EPCC, IOM, special services, and spare parts trading. 

Written By – Nikhil Naik 

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. Dailyraven Technologies 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.


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