Yogi Ltd Hits 5% Upper Circuit After Securing ₹111 Crore Order from Companion Vinimay Trading
Stock Soars as Yogi Ltd Bags Major ₹111 Cr Order
Shares of Yogi Ltd, a well-known construction services provider, surged 5% to hit the upper circuit after the company secured a significant order worth ₹111 crore from Companion Vinimay Trading Private Limited. This development has sparked investor interest, driving the stock price higher in Monday’s trading session.
Stock Price Movement
company’s stock price jumped from ₹106.67 to ₹112, reaching the 5% upper circuit limit. The company now has a market capitalization of ₹336 crore. This positive momentum follows the company’s announcement of receiving a major purchase order.
Key Price Details:
- Market Cap: ₹336 Cr
- Current Price: ₹112
- 52-Week High / Low: ₹118 / ₹41.8
Why is Yogi Ltd’s Stock Rising?
The rally in it’s stock comes after the company secured a ₹111 crore purchase order from Companion Vinimay Trading Pvt. Ltd. The contract involves supplying Structure Assembly, Head Assembly, Rotary Table & Electrical Accessories, Tools Changer & Additional Axis, and other accessories.
This large-scale order is expected to strengthen the company’s revenue and business prospects, making it an attractive investment opportunity.
Financial Performance
Despite the stock’s impressive movement, the company’s financials reveal mixed results. The company’s total income increased by 257%, but its net loss also widened.
Financial Growth (YoY Q3FY24 vs. Q3FY25):
| Metric | Q3FY24 | Q3FY25 | Change (%) |
|---|---|---|---|
| Total Income | ₹0.07 Cr | ₹0.25 Cr | +257% |
| Net Loss | ₹0.09 Cr | ₹0.16 Cr | -77% |
Although the revenue surged, the company is still struggling to turn profitable, with net losses expanding from ₹0.09 crore to ₹0.16 crore.
Key Financial Ratios
| Ratio | FY22-23 | FY23-24 | Change |
|---|---|---|---|
| Return on Equity (ROE) | -1.74% | -0.68% | Improved |
| Return on Capital Employed (ROCE) | -2.32% | -0.72% | Improved |
| Net Profit Margin (NPM) | 0% | 0% | Unchanged |
The ROE and ROCE have improved slightly, indicating some recovery in capital efficiency, but the company is yet to turn a profit.
Shareholding Pattern
The ownership structure of Yogi Ltd is as follows:
- Promoters: 59.02%
- Retail Investors: 40.98%
- Domestic Institutional Investors (DII): 0%
With a strong promoter holding of 59.02%, the company has considerable backing from its founders. However, the absence of institutional investors suggests that large funds are yet to find confidence in the company’s financials.
Company Overview: Yogi Ltd
The company is an India-based real estate and construction services company that specializes in infrastructure development. The company is actively involved in large-scale projects, providing structural assemblies, electrical accessories, and various construction materials.
Key Financial Metrics:
| Metric | Value |
|---|---|
| Stock P/E | Not Available |
| Book Value | ₹24.2 |
| Dividend Yield | 0.00% |
| ROCE | -0.95% |
| ROE | -1.04% |
| Face Value | ₹10.0 |
Future Outlook
The ₹111 crore order is a positive sign for the company as it provides revenue visibility for the upcoming quarters. However, the company needs to focus on profitability and improving margins to attract institutional investments.
If the company manages to maintain strong revenue growth while controlling costs, its financials could see significant improvement in the near future.
Frequently Asked Questions (FAQs)
1. Why did Yogi Ltd’s stock hit the upper circuit?
The stock hit the 5% upper circuit after the company received a ₹111 crore purchase order from Companion Vinimay Trading Pvt. Ltd.
2. What is the financial performance of Yogi Ltd?
Yogi Ltd’s total income surged by 257%, but net losses widened from ₹0.09 crore to ₹0.16 crore. The company is still working towards profitability.
3. How much is Yogi Ltd’s market capitalization?
As of now, Yogi Ltd has a market cap of ₹336 crore.
4. What is Yogi Ltd’s shareholding pattern?
- Promoters hold 59.02%
- Retail investors own 40.98%
- Institutional investors hold 0%
5. What does Yogi Ltd do?
Yogi Ltd is a construction and infrastructure development company specializing in structural assemblies and electrical accessories.
6. What are the key financial ratios of Yogi Ltd?
- ROE: -1.04%
- ROCE: -0.95%
- Book Value: ₹24.2
7. Is Yogi Ltd a profitable company?
No, Yogi Ltd is still incurring losses, but its revenue has shown strong growth in the latest quarter.
This detailed analysis provides insights into Yogi Ltd’s latest developments, financials, and future prospects, making it easier for investors to make informed decisions.
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Disclaimer: This blog post is for informational purposes only and should not be considered financial advice. Investors should conduct thorough research and consult with a qualified financial advisor before making any investment decisions.