One of the micro-cap stocks engaged in the business of construction of mechanical and civil work. The stock has hit a 2 percent upper circuit after receiving a work order from Reliance Industries Limited worth Rs. 57 crore.
Stock Price Movement
With a market capitalization of Rs. 96.08 crores, the shares of Sonu Infratech Limited’s stock surged by 2 percent, reaching an upper circuit of Rs. 122.40 per share on Wednesday, up from its previous closing price of Rs. 120 per share.
What Happened
Sonu Infratech Limited has secured three significant work orders totaling Rs. 56.82 crore from Reliance Industries Limited, Reliance Sibur Elastomers Private Limited, and Reliance Syngas Limited.
The orders cover civil repair and maintenance across various locations. Reliance Industries Limited’s order (Rs. 54.78 crore) includes maintenance at DTA, SEZ, C2 Complex, OMSH, and PCCS.
Additionally, Reliance Sibur Elastomers (Rs. 1.18 crore) involves repairs at the IIR and IIR MPC facilities, while Reliance Syngas Limited’s order (Rs. 0.86 crore) focuses on maintenance at DTA PCG MPC, PCG, and SEZ PCG.
All the work orders will be executed between January 1, 2025, and December 31, 2025. These orders are expected to enhance Sonu Infratech’s customer base and profitability.
Construction Excellence
Sonu Infratech Limited specializes in civil construction, mechanical scaffolding, and project management. They focus on industrial, commercial buildings, and infrastructure projects, and ensure quality, safety, and customer satisfaction through experienced teams, delivering innovative solutions and superior performance.
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Recent quarter results and ratios
Sonu Infratech Limited’s revenue has increased from Rs. 20 crore in Q2 FY24 to Rs. 45 crore in Q2 FY25, which has grown by 125 percent. The net profit of Sonu Infratech Limited has also grown by 200 percent from Rs. 1 crore in Q2 FY24 to Rs. 3 crore in Q2 FY25.
Sonu Infratech Limited’s revenue and net profit have grown at a CAGR of 29.96 percent and 44.22 percent, respectively, over the last three years.
In terms of return ratios, the company’s ROCE and ROE should be 12.1 percent and 12.1 percent, respectively. The debt-to-equity ratio of the company is to be 1.76x. Sonu Infratech Limited’s EPS is to be Rs. 6.39.
Shareholding pattern
In September 2024, Sonu Infratech Limited had a majority stake held by the promoters at 65.45 percent, foreign institutional investors at 0.31 percent, and the public at 34.24 percent.
Company Overview
Sonu Infratech Limited was established in 2017 and is based in Jamnagar, Gujarat. The company specializes in mechanical and civil construction. The company offers services including road building, runway construction, mechanical scaffolding, plant maintenance, and repairs, catering to diverse infrastructure needs.
Written By – NIkhil Naik
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