Canarys Automation Order, Party Cruisers Excellent results And Aurionpro Solutions Good to Excellent Results
Canarys Automations Ltd.
Recent filing: (ORDER) Canarys Automations wholly owned subsidiary, Canarys Corp. (USA), has received a major order worth USD 13.1 million (INR 110 Cr) to provide solutions and services related to cloud migration, FinOps Management, and managed solutions for a period of three years.
SUMMARY: 3y Operating Profit uptrend | PE 37.1x (Sector PE range 30-50) | Fund raise | Promoter Buying | Order Book INR 58 Cr (Aug-23) | Large Order | Acquisitions | IT
- MCap of INR 334 Crore (share price = INR 59.4 / share) (as on 15th May ‘24)
- TTM PE 37.1x (as on 15th May ‘24) Retail float = 20.5% (Mar-24)
FOOD FOR THOUGHT: Saurabh Tripathi sold INR 1.4 Cr worth of shares in Oct 2023
What are the products and services of Canarys Automations ?
Canarys is a leading IT solutions & consulting company specialized in providing Technology Solutions and Water Resource management Solutions to clients across the world.
Finding multibagger stocks is important for building wealth. Discover potential multibaggers at Sovrenn Discovery
Party Cruisers Ltd.
Recent filing: (EXCELLENT RESULTS) For the half year ending Mar-24 for Party Cruisers, Sales up 47% YoY from INR 30.2 Cr in Mar-23 to INR 44.3 Cr in Mar-24. Similarly, Net Profit up 69% from INR 3.49 Cr to INR 5.9 Cr. On a HoH basis, Sales up 2.3x and Net Profit up 12.8x.
SUMMARY: 3y Operating Profit uptrend | PE 22.8x (Sector PE range 25-50) | Excellent Mar-24 results | Fund Raise | Event Management
- MCap of INR 138 Crore (share price = INR 122 / share) (as on 15th May ‘24)
- TTM PE of 22.8x (as on 15th May ‘24) Retail float = 17.0% (Sep-23)
FOOD FOR THOUGHT: Highly Competitive Sector | Increase in number of retail shareholders
What are the products and services of Party Cruisers?
Party Cruisers Limited, is engaged in the business of range of event services including its expertise in wedding curation and execution, focused on end-to-end management by working with eminent service providers.
Investing has built huge wealth for several HNI investors. Learn investing FREE OF CHARGE at Sovrenn Education
Aurionpro Solutions
Recent filing: (GOOD TO EXCELLENT RESULTS) For the quarter ending Mar-24 for Aurionpro Solutions, Sales up 29% YoY from INR 191 Cr in Mar-23 to INR 247 Cr in Mar-24. Similarly, Net Profit up 44% from INR 27 Cr to INR 39 Cr. On a QoQ basis, Sales up 7% and Net Profit up 3%.
SUMMARY: 3y Operating Profit uptrend | 7q Operating Profit uptrend | PE 51.1x (Sector PE range 30-50) | Excellent Mar-24 results | Fund raise | Fund entry | Acquisition | New-age IT
- MCap of INR 7,208 Crore (share price = INR 2,611 / share) (as on 15th May ‘24)
- TTM PE of 51.1x (as on 15th May ‘24) Retail float = 9.3% (8 Apr’24)
FOOD FOR THOUGHT: Foreign exchange fluctuation risk – 75% of revenues come from Asia Pacific and 25% from rest of the world with transactions denominated in USD.
What are the products and services of Aurionpro Solutions?
Aurionpro is the convergence of advanced technology solutions that help enterprises accelerate Digital Innovation - securely and efficiently. It is 'One Platform', guiding businesses to ADAPT to a new paradigm in Digital Transformation across Banking Transportation, Logistics, and Government sectors.
Also Read: Control Print Good Excellents, Alkosign Order And KPI Green Energy Fund Raise