Its net revenue grew 26.48% year-on-year to Rs 408.55 crore in the third quarter of FY 2022. Similarly, the company’s profit increased by 36.79% to Rs 45.78 crore. During this period, the company’s air compressor segment generated about 92% per cent of the revenue while the automotive equipment business generated 8% of the revenue.
Presently the company is trading at TTM PE of 60.45 times while the PE of the industry is 41.51 times. The company’s ROE stood at 13.78% and ROCE at 16.78% in FY21. At 10 am, the company’s stock was trading at Rs 341.60 with a gain of 0.12% on the BSE. The 52-week high of this stock is Rs 422.70 and the lowest level is Rs 191.60.
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