Sharanam Infra project and Trading share price surged 5% on Wednesday, hitting the upper circuit at ₹0.49 despite a weak broader market. The surge follows the company's announcement of impressive financial results for the year and quarter concluded in March 2025.
Market Performance
Sharanam Infra Project and Trading Ltd. (SIPTL), a penny stock trading below Re 1, recorded a sharp movement in its stock price:
- Current Price: ₹0.49
- Upper Circuit: 5%
- 52-Week High: ₹1.12 (January 2025)
- 52-Week Low: ₹0.43 (May 2025)
Despite the recent spike, the stock remains:
- 56% below its 52-week high
- Only slightly above its 52-week low
Monthly Performance:
- May 2025: -11%
- April 2025: -18%
- March 2025: -28%
- February 2025: -3%
- January 2025: -10.3%
Over the last 12 months, SIPTL shares have gained 8.6% overall, though recent trends have shown persistent weakness.
Main News: FY25 Results Drive Share Price Up
The primary catalyst behind the surge in the share price is the company's robust financial performance in fiscal year 2025. SIPTL reported massive growth in both revenue and net profits, indicating a significant turnaround.
Revenue
- FY25: ₹3,761.21 lakh
- FY24: ₹176.07 lakh
- Growth: Over 2,000% YoY
The revenue jump reflects an aggressive expansion in trading activities and the effective execution of infrastructure projects.
Net Profits
- FY25 PAT: ₹508.34 lakh
- FY24 PAT: ₹2.58 lakh
Q4 FY25 Contribution:
- Q4 PAT: ₹394.23 lakh
- Q4 FY24 PAT: ₹10.44 lakh
Earnings Per Share (EPS)
- FY25 EPS: ₹0.424
- FY24 EPS: ₹0.002
The leap in EPS signifies enhanced financial strength and growing shareholder value.
Company Details
Sharanam Infra Project and Trading Ltd. operates in the infrastructure and construction supply sector. It specializes in the retail supply of building materials, supporting India's real estate and infrastructure development ecosystem.
Capital Raise and Fund Utilization
In February 2025, SIPTL raised ₹47.4 Crore through a rights issue. The funds were used as per the company's stated objectives:
- Working Capital Strengthening
- General Corporate Purposes
Notably, 100% of the proceeds were utilized without deviation, reflecting financial transparency and discipline.
Strategic Focus
Led by its Managing Director, SIPTL is actively working on:
- Expanding business operations
- Hiring specialized professionals
- Strengthening internal capabilities
Summary
The recent surge in the Sharanam Infra project and Trading share price is directly linked to the company's outstanding FY25 performance. With a more than 2,000% increase in revenue, a substantial surge in after-tax profit (PAT), and prudent capital utilization, the company has displayed a commendable turnaround. However, stock price recovery still lags behind its 52-week highs.
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