back to top
HomeSHARE MARKET1206.4% Year-on-year Growth; IPO Was At ₹36; Company Has Received Huge Orders

1206.4% Year-on-year Growth; IPO Was At ₹36; Company Has Received Huge Orders

Hot Stocks Alert Join

RBM Infracon Ltd (NSE – ST: RBMINFRA) The Shares Of Multibagger: RBM Infracon shares were listed at NSE SME on January 4, 2023. RBM Infracon shares had an excellent starting at the NSE SME. 

The shares were listed for Rs 52.5 per share. This price was 46 percent more than the IPO cost of just Rs 36. 

Since then, the cost of the share has increased by 1528 percent. This means that the investors who were given the shares had a profit of 17.58 lakh. 

RBM Infracon shares RBM Infracon remained untraded on the NSE during the first quarter on April 10. 

Experts who’ve studied the issue suggest that it could be related to the ban on the purchase. There were no new buyers or buyers of this stock. 

However, the stock increased in the second part of the last trading session. It was trading flat at 586.20 in shares on the NSE.

Broker Opinion

On April 9, the price of shares in RBM Infracon ended 4.98 percent lower, at 586.25 at the NSE. 

A renowned expert noted that low-volume trading is being observed at RBM Infracon. 

The stock may reach the 600 level in the next few weeks. Investors can, however, profit from this opportunity to secure their positions. 

Based on the opinions of analysts RBM Infracon shares were on the upper side of the market for a quarter of the time over the past couple of months, however, volumes have been low in recent years. 

The price of shares for RBM Infracon touched a 52-week record high at 744 in February 2024 and sank to a 52-week record low of 50.50 on the 20th of July 2023. 

According to information, RBM Infracon’s price soared 867.41 percent and surpassed its rivals.

The Company Has A Variety Of Work Orders

The company has received several work orders. The company received an order of approximately Rs 22.2 crores in the form of Nayara Energy for the delivery of ARCs to crude tanks. 

In its exchange filing for January, the company stated that it received a work purchase order from BN Agritech Ltd to provide EPC (engineering procurement, engineering, and construction) services for 81.75 crore. 

In addition, the company received a service request from Larsen & Toubro Limited, Construction (worth 5.89 crore). 

The company also received an order amounting to around Rs 9.5 crore in the name of Mundra Petrochem Limited (Adani Group).

According to data, RBM’s quarterly revenues in December 2023 were 33 crore, which is up 10.6 percent year-on-year. 

The net profit of the company’s quarter in December 2023 was 5 crore, an increase of 1206.4 percent year-on-year. 

RBM Infracon is a company that focuses on rotary and mechanical machinery for refineries, oil and gas cracker plants, coal and gas, power plants powered by water, petroleum chemicals, cement, chemicals, and fertilizers.

About RBM Infracon Company

RBM Infracon Limited is an expert contractor for construction maintenance execution, testing, commissioning, as well as turnaround services. 

It included refineries and oil fertilizers, petrochemicals, gas cracker plants, chemicals, and WHR-based power plants plant for sugar, cement fertilizers, irrigation plants, paper plants, and other related industries. 

Its activities include the fabrication and erection work for structural construction according to an EPC basis tankage work as well as fabrication and erection of pipes, ARC maintenance of petrochemicals refineries, fertilizers, and plants as well as turn-around (Shutdown) of refineries, power plants and petrochemicals, blasting and painting of various industries insulation and refractory works including electrical and instrumentation and wagon tipplers, conveyor systems (raw materials handling).

Fundamental Analysis of RBM Infracon

Market Cap₹ 471 Cr.
Current Price₹ 558
52-wk High₹ 744
52-wk Low₹ 50.5
Stock P/E
Book Value₹ 20.4
Dividend0.00 %
ROCE19.9 %
ROE18.5 %
Face Value₹ 10.0
P/B Value27.3
OPM
EPS
Debt₹ 8.11 Cr.
Debt to Equity0.47

RBM Infracon Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹500₹605
2025₹600₹688
2026₹641₹722
2027₹700₹738
2028₹745₹800
2029₹812₹874
2030₹900₹935
Hot Stocks Alert Join

RBM Infracon Shareholding Pattern

Promoters Holding
Mar 202372.45%
Sept 202372.45%
Feb 202462.50%
Public Holding
Mar 202327.55%
Sept 202327.54%
Feb 202437.49%

RBM Infracon Share: Last 5 Years’ Financial Condition

Let’s examine the outlook for this share in the previous years to better understand how the market is performing. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 4 Years’ Sales:

2020₹ 35.09 Cr
2021₹ 38.71 Cr
2022₹ 47.54 Cr
2023₹ 83.19 Cr
Hot Stocks Alert Join

Last 4 Years’ Net Profit:

2020₹ -0.12 Cr
2021₹ -1.33 Cr
2022₹ 2.03 Cr
2023₹ 2.21 Cr

Last 1 Years’ Debt-To-Equity Ratio:

20230.47

Last 10 Years’ Profit Growth:

10 Years:
5 Years:
3 Years:173%
Current Year:9%
Hot Stocks Alert Join

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:
3 Years:13%
Last Year:18%

Sales Growth Over 10 Years:

10 Years:
5 Years:
3 Years:33%
Current Year:75%

Conclusion

This article is a complete guide about RBM Infracon Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

If you are new to our website and want to get all the latest updates related to the stock market, join us on Telegram Group.

If you have any further queries, please comment below. We will be happy to answer all your questions. 

If you like this information, share the article with as many people as possible.

BEST FOR YOU

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here