Exploring Fundraise Opportunities: Jost's Engineering Company Limited's Growth Trajectory

𝗥𝗲𝗰𝗲𝗻𝘁 𝗙𝗶𝗹𝗶𝗻𝗴 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

Fund Raise: A board meeting is scheduled for January 28, 2025, to consider fundraising.

𝗞𝗲𝘆 𝗣𝗼𝗶𝗻𝘁𝘀:

- 4-year operating profit uptrend

- 2-quarter operating profit uptrend

- PE ratio: 37.9x (Sector PE range: 30-60)

- Excellent Sep-24 results

- Capital Goods – Non-Electrical Equipment focus

𝗞𝗲𝘆 𝗠𝗲𝘁𝗿𝗶𝗰𝘀:

- Market capitalization: INR 579 Cr (as of Jan 22, 2025)

- Share price: INR 580 (as of Jan 22, 2025)

- TTM PE: 37.9x (as of Jan 22, 2025)

- Retail float: 20.9% (Sep-24)

𝗖𝗼𝗺𝗽𝗮𝗻𝘆 𝗗𝗲𝘀𝗰𝗿𝗶𝗽𝘁𝗶𝗼𝗻:

Established in 1907, Jost's Engineering Company Limited is a renowned material handling equipment (MHD) manufacturer and supplier of engineering product (EPD) solutions. With its headquarters in Mumbai, the company caters to diverse industries, offering a broad range of products.