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  • KPI Green Announces Bonus Issue and Key Developments

    KPI Green Announces Bonus Issue and Key Developments

    KPI Green Energy Limited has garnered investor attention with its announcement of a bonus issue in a 1:2 ratio, alongside significant business developments. The company, a leading player in renewable energy, continues to solidify its position in the industry with robust financial performance and strategic partnerships.

    Bonus Issue Details

    KPI Green Energy has fixed Friday, January 3, 2025, as the record date to determine the eligibility of shareholders for the proposed bonus issue. Under this scheme, shareholders will receive 1 equity share of ₹5 each for every 2 existing equity shares held. 

    This move is seen as a strategic initiative to reward shareholders and enhance the liquidity of the company’s stock in the market.

    Major Business Developments

    In a notable business expansion, KPI Green Energy has signed a Memorandum of Understanding (MoU) with the Government of Rajasthan to develop hybrid solar and wind power projects in Jaisalmer (Ramgarh).

    The Government of Rajasthan has assured assistance in obtaining the necessary permissions and clearances, aligning with the state’s policies to promote renewable energy. This partnership underscores the company’s focus on scaling its clean energy solutions while contributing to India’s renewable energy goals.

    Financial Performance

    KPI Green Energy reported a stellar financial performance for Q2 FY25, marked by:

    • Revenue Growth: Revenue surged by 67% to ₹359.7 crore, compared to ₹215.1 crore in Q2 FY24.
    • EBITDA Increase: EBITDA rose by 87% to ₹134.4 crore, showcasing operational efficiency.
    • Profit Surge: Profit After Tax (PAT) more than doubled, increasing by 101% to ₹69.8 crore from ₹34.7 crore in Q2 FY24.

    The company’s consistent financial performance highlights its ability to scale operations efficiently while maintaining profitability.

    Landmark Project with Coal India Limited

    KPI Green Energy recently secured its largest-ever order from Coal India Limited (CIL) for the installation of a 300 MWAC ground-mounted solar PV plant. Valued at ₹1,311 crore, this project will include Operation and Maintenance (O&M) services for five years.

    The project will be executed on an EPC (Engineering, Procurement, and Construction) basis, further strengthening the company’s portfolio in large-scale renewable energy projects.

    As it expands its footprint in solar and hybrid energy, KPI Green Energy remains a compelling growth story in India’s renewable energy sector.

    Disclaimer: This article is for informational purposes only and should not be considered as investment advice.

  • Bharat Global Developers Ltd. Announces Bonus Issue and Stock Split

    Bharat Global Developers Ltd. Announces Bonus Issue and Stock Split

    Ahmedabad-based Bharat Global Developers Ltd. has announced its first-ever bonus issue and stock split, aiming to reward shareholders and increase trading liquidity. The company, known for its operations across multiple sectors including real estate, agriculture, and infrastructure, continues to strengthen its market presence with this strategic corporate action.

    Record Date for Bonus & Stock Split

    The company has set December 26, 2024, as the record date for both the bonus issue and stock split. Shareholders must hold shares by December 25, 2024, to be eligible for these benefits.

    Bonus Issue Details

    Bharat Global Developers announced an 08:10 bonus issue, granting eight new shares for every ten shares held. This issuance reflects the company’s strong performance and commitment to enhancing shareholder value.

    Stock Split Details

    Additionally, the company approved a stock split, where each equity share with a face value of ₹10 will be split into ten shares with a face value of ₹1. The split aims to make shares more affordable and improve market liquidity.

    Financial Performance

    Q2FY25 Results:

    • Revenue from Operations: ₹216.35 crore (+300% QoQ)
    • Net Profit: ₹10.10 crore (+298% QoQ)
    • Market Cap: Over ₹11,000 crore

    The company secured major contracts, including a ₹120 crore infrastructure order from Reliance Industries Ltd. and a ₹650 crore annual supply contract with Tata Agro & Consumer Products. These deals underscore its growing industry footprint and robust operational capabilities.

    About Bharat Global Developers Ltd.

    Established in 1992, Bharat Global Developers Ltd operates across sectors including real estate, agriculture, and infrastructure development. The company is involved in land acquisition, construction, property management, and the trading of packaging materials. Its diversified portfolio highlights its commitment to growth and market leadership.

    With a strong financial track record and a robust order book exceeding ₹1,500 crore, the company continues to deliver exceptional shareholder returns while expanding its operations into emerging sectors like AgriTech, Defence, and Green Energy.

    Bharat Global Developers’ first-ever bonus issue and stock split demonstrate its confidence in future growth while making its shares more accessible to a broader investor base.

    Disclaimer: This article is for informational purposes only and should not be considered as investment advice.

  • Kamdhenu Ltd. Announces Stock Split to Enhance Liquidity and Accessibility

    Kamdhenu Ltd. Announces Stock Split to Enhance Liquidity and Accessibility

    Kamdhenu Ltd., a leading steel products manufacturer in India, has announced its first stock split. The company’s board approved dividing each equity share with a face value of ₹10 into ten shares with a face value of ₹1. This decision aims to boost stock liquidity and make shares more affordable for small investors.

    Key Stock Split Details

    • Record Date: January 8, 2025
    • Stock Split Ratio: 1:10 (One equity share of ₹10 converts into ten shares of ₹1 each)
    • Reason: To increase liquidity, enhance retail participation, and make shares more accessible

    The company also updated Clause V of its Memorandum of Association to reflect the higher number of shares after the split.

    Financial Highlights

    Kamdhenu has demonstrated consistent growth through impressive financial performance:

    Q2FY25 Results:

    • Net Sales: ₹190.2 crore (+3% YoY)
    • Net Profit: ₹15.9 crore (+56% YoY)

    H1FY25 Results:

    • Net Sales: ₹374.7 crore (-5% YoY)
    • Net Profit: ₹31.3 crore (+41% YoY)

    FY24 Annual Figures:

    • Net Sales: ₹721.7 crore
    • Net Profit: ₹50.13 crore

    The company’s return on equity (ROE) of 27% and return on capital employed (ROCE) of 35% highlight its strong operational efficiency. Kamdhenu’s market cap exceeds ₹1,400 crore, with notable improvements in working capital and debtor days.

    Stock Fundamentals

    Kamdhenu Ltd. continues to showcase strong financial fundamentals and operational efficiency:

    • PE Ratio: 23.28 (lower than the sector average of 29.32, indicating value)
    • ROE: 21.11% (reflecting effective use of shareholders’ capital)
    • Debt-Free: A debt-to-equity ratio of 0 ensures financial stability.
    • Interest Coverage Ratio: 122.51, showing robust earnings to meet obligations.
    • Promoter Shareholding: 49.83%, following a recent reduction of 7.21%.
    • Mutual Fund Holdings: Stable at 0.18%.

    About Kamdhenu Ltd.

    Founded in 1994, Kamdhenu Limited leads India’s steel and paint manufacturing industry. Its diverse product range includes TMT bars, structural steel, color-coated sheets, paints, plywood, and more. With over 11,500 dealers and distributors nationwide, the company operates through a robust franchisee model.

    The stock split marks a strategic step to enhance liquidity and attract retail investors, aligning with Kamdhenu Ltd.’s vision for long-term growth.

    Disclaimer: This article is for informational purposes only and should not be considered investment advice.

  • ⁠Aayush Wellness Announces Bonus Issue Amid Strategic Expansion

    ⁠Aayush Wellness Announces Bonus Issue Amid Strategic Expansion

    Aayush Wellness Limited has approved a bonus issue of 1,62,25,000 equity shares in a 1:2 ratio, granting one bonus equity share for every two shares held. The company will determine eligible shareholders on Thursday, December 26, 2024, the record date.

    Details of the Bonus Issue

    The bonus issue highlights Aayush Wellness’s robust financial health and its dedication to rewarding shareholders. At the current market price (CMP) of ₹104.28 per share, the bonus distribution represents a significant ₹169.19 crore.

    In addition to the bonus issue, the company announced a ₹49.90 crore rights issue to finance business expansion and strategic acquisitions. This move offers existing shareholders more investment opportunities at a discounted price.

    Financial Performance

    Aayush Wellness has delivered exceptional financial results in recent quarters:

    Q1FY25 Highlights:

    • Revenue: ₹1110.56 lakh (a 6300% YoY growth from ₹17.35 lakh in June 2023)
    • Net Profit: ₹25.49 lakh (a 183.56% YoY increase from ₹8.98 lakh)

    The company attributes this remarkable growth to product innovation, expansion into key markets, and rising consumer demand across its healthcare and wellness segments.

    About Aayush Wellness Limited

    Founded in 1989, Aayush Wellness Limited (BSE Scrip Code: 539528) is an ISO 9000 & 22000-certified company specializing in health and wellness solutions. With its commitment to quality and innovation, the company consistently sets industry benchmarks and enhances lives globally through its diverse product range.

    Products & Market Expansion

    Aayush Wellness continues to expand its presence in the health and wellness sector with a diversified product portfolio:

    Herbal Pan Masala:

    This tobacco-free, supari-free, and spit-free product is made with ayurvedic ingredients, targeting India’s ₹44,973 crore Pan Masala market. To boost affordability and market reach, the company introduced a ₹10 sachet in response to overwhelming demand.

    Nutraceuticals & Beauty Products:

    • Dream Sleep Gummies: Formulated with melatonin, L-tryptophan, chamomile, and Brahmi, these gummies promote restful sleep.
    • Beauty Vitamins Gummies: Packed with vitamins C, biotin, and glutathione, these gummies support healthier skin, hair, and nails.

    The company is strengthening its online presence through its e-commerce platform, ensuring wider product availability across India and beyond.

    Disclaimer: This article is for informational purposes only and should not be considered investment advice.

  • Linc Ltd Declares 1:1 Bonus Issue and Stock Split

    Linc Ltd Declares 1:1 Bonus Issue and Stock Split

    Linc Ltd., a prominent player in India’s stationery market, has announced its first-ever bonus issue and stock split. This significant milestone reflects the company’s commitment to rewarding shareholders and enhancing stock liquidity while underscoring its dedication to shareholder value.

    Record Date for Bonus and Stock Split

    The company has set December 20, 2024, as the record date. Shareholders must ensure their shares are held in their demat accounts by December 19, 2024, to qualify for the bonus shares and stock split benefits.

    Bonus Issue Details

    Linc Ltd. will issue a 1:1 bonus, granting one additional share for every share held by existing shareholders. While the record date is set for December 20, 2024, the company has not yet announced when the bonus shares will be credited.

    Stock Split Details

    The stock split will divide one equity share with a face value of ₹10 into two shares with a face value of ₹5 each. By reducing the price per share, Linc aims to make its stock more affordable and attract a wider investor base.

    Significance of the Announcement

    This dual corporate action demonstrates Linc’s confidence in its growth prospects. By doubling the number of outstanding shares, the company enhances stock liquidity while maintaining overall shareholder equity. These actions are expected to boost trading activity and improve market accessibility.

    About Linc Ltd.

    Linc Ltd., formerly known as Linc Pen & Plastics Ltd., and a competitor of DOMS and FLAIR, is one of India’s leading manufacturers of writing instruments, with operations in over 50 countries. Its diverse product portfolio includes ball pens, gel pens, pencils, and other stationery items.

    Linc also serves as the exclusive distributor in India for Deli, Asia’s largest stationery brand, and Uni-ball, a renowned Japanese brand by Mitsubishi Pencil Co. Through its commitment to quality and innovation, Linc has solidified its position as a global leader in the stationery industry.

    Financial Performance of Link Ltd.

    Q2, FY25 Results:

    • Total Income: ₹13,728 crore (+3.1% YoY)
    • EBITDA: ₹1,630 crore (+12.2% YoY)
    • EBITDA Margin: 11.9% (+97 basis points YoY)
    • Profit After Tax (PAT): ₹879 crore (+14% YoY)

    Linc’s robust financial performance highlights its operational efficiency and resilience in the market, driven by consistent innovation and diversification.

    With this landmark bonus issue and stock split, Linc Ltd. reinforces its growth trajectory and strengthens its commitment to shareholder value and long-term market expansion.

    Disclaimer: This article is for informational purposes only and should not be considered as investment advice.

  • Mazagon Dock Shipbuilders Ltd Announces 1:2 Stock Split

    Mazagon Dock Shipbuilders Ltd Announces 1:2 Stock Split

    Mazagon Dock Shipbuilders Ltd (MDL), India’s leading defence shipyard, has announced its first stock split in a 1:2 ratio. Each equity share with a face value of ₹10 will now be split into two shares with a face value of ₹5 each. The record date for determining eligible shareholders is December 27, 2024.

    This move aims to make the shares more affordable and improve market liquidity. The decision follows the company’s stock reaching a high of ₹5,860 in July 2024 before a market correction.

    About Mazagon Dock Shipbuilders Ltd

    Mazagon Dock Shipbuilders Ltd, established in 1774, is India’s largest manufacturer of warships. The company builds warships, submarines, and offshore platforms for the Indian Navy and other defence organizations. In June 2024, it earned the prestigious Navratna status, cementing its importance as a globally recognized public-sector enterprise.

    Since 1960, MDL has delivered over 800 vessels, including advanced combat ships and cargo vessels. Its strong industry presence and strategic partnerships make it a critical player in India’s defence infrastructure.

    Key Financial Highlights:

    Q2FY25 (Year-over-Year Growth):

    • Net Sales: ₹2,756.8 crore (+51%)
    • Net Profit: ₹552.8 crore (+82%)

    H1FY25 (Cumulative Results):

    • Net Sales: ₹5,113.9 crore (+28%)
    • Net Profit: ₹1,218.7 crore (+106%)

    FY24 (Annual Results):

    • Net Sales: ₹10,568.05 crore (+24%)
    • Net Profit: ₹1,936.97 crore (+73%)

    The company’s revenue for FY24 rose by 24% to ₹10,568.05 crore, while net profit surged by 73% to ₹1,936.97 crore. MDL operates with a debt-free balance sheet and an order book worth ₹39,872 crore as of September 2024, ensuring strong revenue potential in the future.

    Ownership and Market Outlook

    As of September 2024, the Government of India owns 84.83% of the company, well above the minimum public shareholding requirement of 75%. The stock has delivered impressive returns, rising 130% in the past year and an extraordinary 1,600% over three years.

    MDL’s zero-debt status, strong order book, and the stock split aim to attract more investors and broaden shareholder participation. With these strengths, the company continues to be a promising player in India’s growing defence sector.

    Disclaimer: This article is for informational purposes only and should not be considered as investment advice.

  • Maruti Suzuki Backed Bharat Seats Ltd Announces 1:1 Bonus Share Issue

    Maruti Suzuki Backed Bharat Seats Ltd Announces 1:1 Bonus Share Issue

    Bharat Seats Ltd, a leading automotive seating systems manufacturer, has announced a 1:1 bonus share issue. This means shareholders will receive one additional share for every share they own. The record date for this bonus issue is decided to be 20th December after receiving shareholder and regulatory approvals.

    Bonus Issue Details

    On November 5, 2024, the Board of Directors approved the bonus share issue, marking Bharat Seats’ first bonus issue in 17 years—the last one was in 2007. This move shows the company’s commitment to rewarding investors and improving stock liquidity.

    About Bharat Seats Ltd

    Bharat Seats Ltd is a joint venture between Maruti Suzuki India Ltd, Suzuki Motor Corporation Japan, and Rohit Relan & Associates. The company produces seating systems and interior components for two-wheelers, four-wheelers, and Indian Railways.

    Key Products Include:

    • Seating Systems
    • NVH (Noise, Vibration, and Harshness) Components
    • Carpets and Body Sealing Parts

    Bharat Seats is certified with IATF 16949, ISO 14001, and OHSAS 18001, reflecting its focus on quality and environmental sustainability.

    Financial Highlights

    Bharat Seats has reported strong financial results, reflecting its solid operations:

    Q2FY25 (Year-over-Year Comparison):

    • Revenue: ₹290.67 crore (up from ₹285.98 crore)
    • Operating Profit: ₹17.66 crore (margin: 6.08%)
    • Net Profit: ₹7.10 crore (up from ₹6.79 crore)

    FY24 (Annual Performance):

    • Revenue: ₹1,067 crore
    • Operating Profit: ₹61 crore
    • Net Profit: ₹25 crore (up from ₹22 crore in FY23)

    Professional Management and Strategic Significance

    Promoters play a key role in the company’s stability and strategy. Bharat Seats’ promoters include Maruti Suzuki India Ltd, Suzuki Motor Corporation Japan, and NDR Auto Components.

    As of September 2024:

    • Maruti Suzuki and Suzuki Motor Corporation each hold a 14.81% stake.
    • NDR Auto Components owns 28.66%.

    These partnerships bring technological expertise, financial strength, and operational synergies, boosting Bharat Seats’ competitive edge.

    Bharat Seats’ decision to issue bonus shares underscores its commitment to enhancing shareholder value. With strategic partnerships, innovative products, and strong financial performance, the company is well-positioned for future growth in the automotive and rail transport sectors.

    Disclaimer: This article is for informational purposes only and does not provide investment advice.

  • Rajeshwari Cans Announces 1:1 Bonus Issue to Reward Shareholders

    Rajeshwari Cans Announces 1:1 Bonus Issue to Reward Shareholders

    Rajeshwari Cans Ltd, a leading maker of printed circular tobacco packaging containers, has announced a 1:1 bonus issue. This means shareholders will get one fully paid equity share for every share they own. The company has set December 19, 2024, as the record date to identify eligible shareholders for this action.

    Bonus Issue Details

    In a regulatory filing under SEBI (LODR) Regulations, 2015, the company stated that its Board of Directors approved the bonus issue on October 30, 2024. To fund the new shares, the company will use ₹5.24 crore from its retained earnings and securities premium. Each equity share will have a face value of ₹10.

    The company has also asked shareholders to approve increasing its authorized share capital from ₹10.5 crore to ₹11 crore, reflecting its growth plans.

    About Rajeshwari Cans

    Founded in 2018, Rajeshwari Cans Ltd specializes in making printed tin containers and MS drums. These are mainly used for packaging tobacco, snuff, and other products. The company’s product line includes containers ranging from 50 grams/milliliters to 5 kilograms/liters. It also produces MS drums with capacities between 5 and 30 kilograms to meet diverse packaging needs.

    As of September 2024, the company’s promoters held a 61.57% stake, while the general public owned 38.43%.

    Financial Performance

    Rajeshwari Cans has delivered strong financial results in recent years:

    Half-Yearly FY25 Results (H1FY25 vs H1FY24):

    • Net Sales: ₹19.65 crore (up 27.3%)
    • Net Profit: ₹1.06 crore (up 63%)

    Annual FY24 Results (FY24 vs FY23):

    • Net Sales: ₹34.58 crore (up 6%)
    • Net Profit: ₹1.33 crore (up 25.5%)

    By issuing bonus shares, Rajeshwari Cans shows its commitment to rewarding shareholders and improving stock liquidity. With its strong financial growth and a solid position in the packaging industry, the company is set for future expansion.

    Disclaimer: This article is for informational purposes only and does not provide investment advice.

  • PC Jeweller Announces Stock Split to Make Shares More Affordable for Investors

    PC Jeweller Announces Stock Split to Make Shares More Affordable for Investors

    PC Jeweller Ltd, a prominent name in India’s jewellery market, is planning a 1:10 stock split to improve liquidity and make its shares more affordable for retail investors. The record date for this split is Monday, December 16, 2024, after shareholders approved it via postal ballot on November 21, 2024.

    What the Stock Split Means

    The company will divide each ₹10 equity share into ten shares, each with a face value of ₹1. This move will increase the total number of shares available, encouraging more trading and making the shares accessible to smaller investors.

    In an official statement, PC Jeweller confirmed that the board finalized the record date on November 28, 2024. The company disclosed this decision in an exchange filing.

    About PC Jeweller Ltd

    PC Jeweller, known for offering gold, platinum, diamond, and silver jewellery, operates brands like Azva, Swarn Dharohar, and LoveGold. With a market capitalization exceeding ₹7,900 crore, the company has maintained strong performance in the market.

    Financial Highlights

    PC Jeweller’s recent financial performance shows significant improvement:

    • Quarterly Results (Q2FY25): Net sales rose 12.4% to ₹504.97 crore compared to Q2FY24, while net profit hit ₹178.88 crore, a turnaround from a net loss of ₹138.13 crore in Q2FY24.
    • Half-Yearly Results (H1FY25): Net sales jumped 75.3% to ₹906.12 crore, and net profit reached ₹334.94 crore, a sharp recovery from a net loss of ₹309.75 crore in H1FY24.

    These results demonstrate the company’s strong recovery and growth momentum.

    Share Allotment Update

    In a separate development, PC Jeweller recently issued 39,87,900 equity shares to promoters and non-promoters after converting fully convertible warrants. This move brought in ₹16.8 crore and increased the company’s paid-up equity share capital to ₹540.08 crore.

    Investor Perspective

    Life Insurance Corporation of India (LIC) holds a 1.26% stake in PC Jeweller, highlighting institutional trust in the company. The upcoming stock split will likely attract more retail investors, allowing them to participate in the company’s growth.

    PC Jeweller’s decision to split its stock showcases its dedication to increasing shareholder value and making the market more accessible to smaller investors.

    Disclaimer: This article is for informational purposes only and should not be considered investment advice.

  • Shish Industries Announces Stock Split to Attract More Investors

    Shish Industries Announces Stock Split to Attract More Investors

    Shish Industries Ltd., a leader in innovative plastic products, has announced a 1:10 stock split to make its shares more affordable for investors. The company will split each ₹10 equity share into ten shares with a face value of ₹1. This move aims to boost market liquidity and attract smaller investors. The record date for the stock split is Tuesday, December 17, 2024.

    Why the Stock Split?

    Shish Industries explained that the stock split is part of its plan to improve affordability for retail investors and increase trading volumes. The company’s Board of Directors approved this decision, showing their commitment to enhancing shareholder value and creating a more inclusive market.

    About Shish Industries

    Established in 2012, Shish Industries is a major manufacturer and exporter in the plastic products industry. The company provides innovative solutions for various sectors, including protective packaging, thermal insulation, and woven fabrics.

    Shish Industries pioneered the production of 5-ply Polypropylene Corrugated Sheets and introduced insulated water tank covers in India. Its diverse product portfolio includes:

    • Plastic corrugated sheets
    • FIBC (Flexible Intermediate Bulk Container) bags
    • Tarpaulins
    • PP/PE woven fabrics
    • Shipping and industrial packaging materials

    Recognized as a Star Export House, the company has a solid reputation for quality and a strong global presence.

    Financial Highlights

    Shish Industries has maintained steady financial growth:

    • In October 2024, the company’s promoters raised their stake from 64.47% to 66.03%, signaling confidence in its future.
    • The company reported a market capitalization of approximately ₹397 crore.
    • A ₹312 crore trade agreement with Best Construction Products Inc. (BCP), a US-based construction materials firm, further strengthened its net sales.

    Key Achievements

    Earlier this year, Shish Industries signed a long-term agreement with BCP. This partnership cements its position as a reliable supplier of construction, packaging, and thermal insulation products in global markets.

    The 1:10 stock split reflects Shish Industries’ focus on growing its investor base and improving shareholder value. With strong financial performance and innovative products, the company is poised for continued success in domestic and international markets.

    Disclaimer: This article is for informational purposes only and should not be considered investment advice.