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Nov 08, 2024

Smallcap stock jumps after receiving largest single order worth ₹126 Cr

by Trade Brains | Nov 8, 2024 | News, Stocks | 0 comments This Engineering stock’s shares rose 2.95% to Rs. 487.95 on Friday on the news of a new order win. This is the largest single order to date in

by Trade Brains | Nov 8, 2024 | News, Stocks | 0 comments

This Engineering stock’s shares rose 2.95% to Rs. 487.95 on Friday on the news of a new order win. This is the largest single order to date in the company’s history, worth INR 126 crore.

The share price of Kilburn Engineering Limited went up by 2.95 percent to Rs. 487.95 per share on Friday, an increase from its previous close of Rs. 473.95 per share. The market capitalisation now stands at approximately Rs. 2,195 crore as of November 08, 2024.

The company’s sector-wise orderbook for 2023-24 totals ₹275.8.4 crores, dominated by chemical (33.62%) and carbon black (26.38%) sectors. The business shows robust growth, with operations increasing by 32.36% to ₹293.21 crore in FY 2023-24. The company maintains market leadership in tea dryer manufacturing with a strong order book of ₹227 crore as of March 2024.

The company announced on November 8, 2024, that it has secured its largest single order to date, worth INR 126 crores (USD 14.95 million), for four rotary dryer packages designed for drying rock phosphate.

According to its recent filing, in the quarter ending September 2024, Kilburn Engineering Limited’s consolidated revenue from operations has decresed by 4.4 percent YOY, from Rs. 67 crore in Q1 FY24 to Rs. 64 crore in Q1 FY25, and has decreased by 24.7 percent QoQ from Rs. 85 crore in Q4 FY24.

The company’s consolidated net profit has increased by 57.1 percent, from Rs. 11 crore in Q1 FY24 to Rs. 7 crore in Q1 FY25. As compared to the last quarter of 2025, the company’s net profit is down by 8.3 percent QoQ from Rs. 12 crore.

The company’s EPS has increased by 35.4 percent from Rs. 1.89 in Q1 FY24 to Rs. 2.56 in Q1 FY25.

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As of the November 2024 shareholding pattern, Kilburn Engineering Limited is primarily held by the promotors at 50.82 percent, foreign institutional investors hold 0.21 percent, and the public with 49.56 percent.

Incorporated on September 7, 1987, Kilburn Engineering Ltd has grown into a key player in industrial equipment manufacturing. Headquartered in Thane, Maharashtra, this public limited company specialises in designing and manufacturing customised equipment tailored to various industries’ needs. From industrial drying systems to heat exchangers, Kilburn’s diverse offerings underscore its versatility and innovation in industrial solutions.

Kilburn’s product range includes rotary dryers, fluid bed dryers, pneumatic handling systems, and waste heat recovery units. These systems serve vital sectors like chemical and petrochemical, food processing, oil and gas, and thermal and nuclear power. Kilburn’s unique ability to cater to such a broad spectrum of industries sets it apart. Notably, the company partners with Nara Machinery Company (Japan) and Carrier Vibrating Equipment (USA), strengthening its technical expertise.

With two manufacturing facilities in Mumbai and Baroda, Kilburn Engineering also excels in global exports, comprising around 30-40% of its revenue. Known for its market leadership in drying technology, Kilburn continues to make strides internationally while upholding excellence in its operations.

Written By Fazal Ul Vahab C H

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