Rs 109 to Rs 426: This FMCG stock has turned into a multibagger in 1 year
Multibagger stock: Integrated Industries Limited shares hit a yearly low of Rs 109.95 on August 28, 2023 and a record high of Rs 438.00 on August 20, 2024.
- Annual revenue rose 6,344.75 per cent in the last year to Rs 331.26 crore, surpassing the sector's average revenue growth of 3.65 per cent
- Annual net profit rose 1,730.15 per cent in the last year to Rs 24.89 crore, outperforming the sector's average net profit growth of 13.52 per cent
- The stock has risen 296.01 per cent and outperformed its sector by 268.96 per cent in the past year
- The interest coverage ratio is 66.91, higher than 1.5; this means that it is able to meet its interest payments comfortably with its earnings (EBIT)
- Quarterly revenue rose 619.47 per cent YoY to Rs 140.14 crore; the sector's average revenue growth YoY for the quarter was 7.14 per cent
- Quarterly net profit rose 1,009.4 per cent YoY to Rs 12.98 crore; its sector's average net profit growth YoY for the quarter was 27.88 per cent
- Price-to-earning ratio is 22.28, lower than its sector PE ratio of 65.68
Shares of Integrated Industries Limited have delivered multibagger returns in the last one year. Integrated Industries stock, which closed at Rs 109.95 on August 28, 2023, ended at Rs 438.00 on August 20, 2024, delivering 288 per cent returns for the shareholders in just one year. In comparison, the growth in the FMCG sector has stood at 40 per cent during this period.
Integrated Industries Ltd, founded in 1995, transitioned from printed circuit boards to organic and inorganic food, bakery, and processed food production. They operate a 3,400 MTPA biscuit manufacturing plant under the subsidiary Nurture Well Food Private Limited, producing cookies and biscuits under the Richlite, Funtreat, and Canberra brands.
Integrated Industries Limited has announced a 10:1 stock split with a record date set for September 15, 2024. Shareholders of record on this date will be eligible for the stock split, which will adjust the company's share price and the number of shares outstanding accordingly. This move is expected to increase liquidity and make the stock more accessible to a broader range of investors.
Integrated Industries Limited has a market cap of Rs 817.85 crore with a one-year stock price CAGR of 288 per cent.
The net sales increased by 620 per cent to Rs 140.08 crore and net profit skyrocketed by 1,010 per cent to Rs 12.98 crore in Q1FY25 over Q1FY24.
Future Action Plan
Integrated Industries Limited, through its subsidiary M/S Nurture Well Food Private Limited, has unveiled a new line of healthier biscuit options designed to meet the rising demand from health-conscious consumers. The new range includes low-sugar, high-fiber, and gluten-free varieties.
In the Indian market, there is an increasing appetite for premium and indulgent food products. The company’s biscuit plant is poised to explore premium product lines to address this emerging demand.
Additionally, the global Indian diaspora presents a promising market for traditional Indian biscuits. Expanding export capabilities, particularly to regions such as the Middle East, North America, and Europe, is expected to be a significant driver of growth for the company.
Conclusion
Integrated Industries Limited’s recent share price performance and strategic initiatives have firmly positioned it as a rising star in the industry. With a strong financial foundation and a forward-looking approach, the company is set to continue its impressive growth trajectory. Investors and industry observers alike will be keenly watching how IIL leverages its strengths to drive future success and solidify its standing in the market.
For now, Integrated Industries Limited stands as a testament to the potential of strategic innovation and market adaptability in achieving remarkable financial gains and sustained growth.
Disclaimer: The article is for informational purposes only and not investment advice.
(This article is part of DMCL Consumer Connect Initiative, a paid publication programme. DMCL claims no editorial involvement and assumes no responsibility, liability or claims for any errors or omissions in the content of the article. The DMCL Editorial team is not responsible for this content.)
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