RBM Infracon And Zen Technologies Good To Excellent Results, Shilchar Technologies Institutional Entry

RBM Infracon Ltd.

Recent filing: (GOOD TO EXCELLENT RESULTS) For the quarter ending Dec-23, Sales up 11% YoY from INR 30.2 Cr in Dec-22 to INR 33.4 Cr in Dec-23. Similarly, Net Profit up 13x from INR 0.4 Cr to INR 4.9 Cr. On a QoQ basis, Sales up 66% and Net Profit up 3.6x.

SUMMARY: 3y Operating Profit uptrend | PE 64.9x (Sector PE range: 20-50) | Excellent Dec-23 results | Ace Investor | Large Order

  • MCap of INR 539 Crore (share price = INR 639 / share) (as on 29th Jan ‘24)
  • TTM PE 64.9x (as on 29th Jan ‘24) Retail float = 14.5% (Sep-23)

What are the Products and Services of RBM Infracon?

RBM Infracon Limited, 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.

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Zen Technologies Ltd.

Recent filing: (EXCELLENT RESULTS) For the quarter ending Dec-23, Sales up 92% YoY from INR 52 Cr in Dec-22 to INR 100 Cr in Dec-23. Similarly, Net Profit up 2.5x from INR 12 Cr to INR 30 Cr. On a QoQ basis, Sales up 52% and Net Profit up 2.1x.

(FUND RAISE) BoD has considered and approved the raising of INR 1,000 Cr of funds.

SUMMARY: 2y Operating Profit uptrend | PE 55.7x (Sector PE range 50-100) | Excellent Dec-23 results | Capacity expansion | Institutional entry | Fund raise | Defence | Orderbook INR 1,434 Cr (Dec 2023)

  • MCap of INR 6,410 Crore (share price = INR 763 / share) (as on 29th Jan ‘24)
  • TTM PE 55.7x (as on 29th Jan ‘24) Retail float = 27.7% (Dec-23)

What are the Products and Services of Zen Technologies?

Incorporated in 1996, Zen Technologies Ltd. designs, develops and manufactures combat training solutions for the training of defense and security forces. It is actively involved in the indigenization of technologies, which are beneficial to Indian armed forces, state police forces, and paramilitary forces.

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Shilchar Technologies Ltd.

Recent filing: (INSTITUTIONAL ENTRY) As per Dec-23 shareholding data, K-India Opportunities Fund Ltd. has picked up 2.48% stake in the Company. The Investment Manager of the Fund is Kotak Mahindra (International) Ltd., Mauritius.

SUMMARY: 4y Operating Profit uptrend | 5q Operating Profit Uptrend | PE 38.7x (Sector PE range 30-60) | Excellent Sep-23 results | Capacity expansion | Institutional entry | Electrification

  • MCap of INR 2,668 Crore (share price = INR 3,499 / share) (as on 29th Jan ‘24)
  • TTM PE of 38.7x (as on 29th Jan ‘24) Retail float = 13.9% (Dec-23)

What are the Products and Services of Shilchar Technologies?

Shilchar Technologies is one of India’s prominent manufacturers of Electronics & Telecom and Power & Distribution transformers. It was founded in 1990 to manufacture R-core transformers. In 1995, the company ventured into the manufacturing of Ferrite transformers. As part of the expansion plans, they started manufacturing Distribution and Power Transformers in a phased manner from 2005 to 2007.

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