Micro Cap Stock Lakshya Powertech Grabs Spotlight with ₹22.5 Cr Order from Hoerbiger India | Strong Growth Signals Ahead
A promising micro-cap stock, Lakshya Powertech Ltd, is rapidly drawing investor interest after it bagged a significant work order worth ₹22.50 crore from Hoerbiger India Pvt Ltd. This development comes at a time when the company is showing strong quarterly performance, positioning itself as an emerging player in the industrial and infrastructure services sector.
Despite a 5% dip during Thursday’s trading session, where it opened at ₹189.50 against its previous close of ₹199.45, the stock is gaining attention due to its robust fundamentals and expanding order book. Listed in October 2024 at an IPO price of ₹180, the stock has already returned 10% since its debut.
🔧 Order Win from Hoerbiger India: What It Means for Lakshya Powertech
The ₹22.5 crore order from Hoerbiger India includes:
- Compressor dismantling and inspection
- Compressor skid packaging
- Supply of Balance of Plant (BOP) material
This order will be executed over the next 12 months and is a testament to the company’s growing influence in the industrial and engineering services sector.
📊 Expanding Order Book and Client Base
Lakshya Powertech’s active order book now stands at ₹78 crore, with ongoing projects that span across a 2 to 6 months execution timeline. Some of its key clients include:
- Powerica Ltd
- AESL
- NTT Global
The company is actively involved in projects related to DG sets, fuel systems, and EPC services, drawing revenues from diversified sectors:
- 60% from Oil and Gas
- 40% from Data Centers
🏗 Business Operations and Sectoral Reach
Lakshya Powertech is not just another small infrastructure firm. It offers a broad spectrum of services including:
- Engineering, Procurement, Construction & Commissioning (EPCC)
- Integrated Operation & Maintenance
- Testing, Overhauls, and Refurbishing
- Spare Parts Trading
The company also operates data center services from Mumbai and Pune, specializing in Tier-III and Tier-IV data center infrastructure. It has already:
- Installed and commissioned 102 MW of backup power
- Built a 2250KL fuel handling system for major data center players
📈 Financial Performance: H2 FY25 Snapshot
Lakshya Powertech’s financials reflect strong growth momentum:
| Financial Metric | H2 FY25 | H1 FY25 | H2 FY24 |
|---|---|---|---|
| Revenue | ₹93 Cr | ₹67 Cr | ₹87 Cr |
| Sequential Growth (H2 vs H1 FY25) | +38% | ||
| Net Profit | ₹8 Cr | ₹7 Cr | ₹10 Cr |
| Profit Growth (H2 vs H1 FY25) | +14.3% |
While the net profit dipped 20% YoY due to one-off expenses or input costs, the sequential growth trajectory indicates reviving margins and strong order execution capability.
📊 Key Financial Ratios & Stock Overview
Here’s a snapshot of Lakshya Powertech’s key financial indicators:
| Metric | Value |
|---|---|
| Market Cap | ₹191 Cr |
| Current Price | ₹190 |
| 52-Week High / Low | ₹377 / ₹153 |
| Price-to-Earnings (P/E) | 12.1 |
| Book Value | ₹94.5 |
| Dividend Yield | 0.00% |
| Return on Capital (ROCE) | 25.6% |
| Return on Equity (ROE) | 25.0% |
| Face Value | ₹10 |
| EPS (Earnings Per Share) | ₹14.83 |
| Current Ratio | 4.7 |
| Debt-to-Equity Ratio | 0.27 |
The company’s low debt levels, strong liquidity, and high ROE/ROCE make it an attractive long-term bet in the micro-cap segment.
🧠 Expert View: Why Lakshya Powertech Could Be a Multibagger
With a healthy order pipeline, robust financial ratios, and active participation in high-growth sectors like Oil & Gas and Data Centers, Lakshya Powertech seems poised for sustained growth. The latest ₹22.5 crore order adds to its credibility and revenue visibility for FY26.
While micro-cap stocks carry inherent volatility, the company’s diversified clientele, rising operational performance, and specialized project execution capabilities offer long-term upside potential for informed investors.
❓ Frequently Asked Questions (FAQs)
Q1: Why is Lakshya Powertech in the news?
A1: The company received a ₹22.5 crore order from Hoerbiger India, highlighting its growing stature in the industrial services space.
Q2: What does the order from Hoerbiger India involve?
A2: It includes compressor dismantling, skid packaging, and BOP material supply, with a 12-month execution window.
Q3: How has the stock performed since IPO?
A3: Listed at ₹180 in October 2024, the stock has given 10% returns, currently trading around ₹190.
Q4: What sectors contribute to Lakshya Powertech’s revenue?
A4: 60% from Oil & Gas and 40% from Data Centers.
Q5: What is Lakshya Powertech’s ROE and ROCE?
A5: ROE is 25%, and ROCE is 25.6%, indicating strong capital efficiency.
Q6: Is the stock undervalued?
A6: Yes, with a P/E of 12.1 against the industry average of 34.6, it appears undervalued based on earnings.
Q7: Does the company carry high debt?
A7: No, the debt-to-equity ratio is just 0.27, suggesting low leverage and financial stability.
Q8: What’s the long-term outlook for the company?
A8: Positive, due to a solid order book, sectoral diversification, and operational efficiency.
🔍 Final Verdict:
Lakshya Powertech Ltd is emerging as a small-cap star in the infrastructure and energy support space. With consistent execution, efficient capital usage, and increasing sectoral demand, the company is one to watch out for. Investors with a medium-to-long-term horizon may consider this stock as part of their micro-cap growth portfolio.
For more market insights, follow our news.
Stay tuned for more updates and insights on the stock market! For more insights on investing in the Indian stock market, check out resource like MoneyControl, ET, NSE India.