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Exhicon - Next multibagger from sme ?
A thread on this 360° EXHIBITION COMPANY .
#exhicon #retweet #StocksToBuy
A thread on this 360° EXHIBITION COMPANY .
#exhicon #retweet #StocksToBuy
Exhicon Group, established in 1997 is Indian Multinational with business interests in Convention & Fairs, Hospitality,Media,FMCG,MEP,Solar Energy,Gadgets,Healthcare,Events Infrastructure, FMCG,Real Estate, & International trading .
EXHICON is credited to construct India’s biggest column less Exhibition Center, executed record breaking events such as Mahakumbh at Haridwar and have made world’s biggest stage in record time for “Lay Tarang” Nagpur, a Guinness record.
The group has it’s presence and associate companies in India, UAE, Switzerland,Thailand and Hong Kong
Promoter Mohammed Quaim Syed is a Serial Entrepreneur with experience of more than two decades in the Trade Fair & Events domain.
#goodresults
The company reported sales of Rs 59. 87 Cr for FY23, with a growth of 28.7 percent versus last fiscal. The company reported an operating profit of ₹12.42 Cr (up from ₹5.82 Cr in FY and Profit after Tax ( PAT) of ₹9.16 Cr, up from ₹4.31 Cr in FY 22.
The company reported sales of Rs 59. 87 Cr for FY23, with a growth of 28.7 percent versus last fiscal. The company reported an operating profit of ₹12.42 Cr (up from ₹5.82 Cr in FY and Profit after Tax ( PAT) of ₹9.16 Cr, up from ₹4.31 Cr in FY 22.
With 28.7 percent growth in top-line, increase in PAT margin by over 121 per cent and a strong order book and acquisitions future looks bright
The company has, last week announced 51% acquisition of Maple Heights Business Centre LLC, a fifteen thousand sq. ft. business centre near World Trade Centre, Dubai, providing end to end services to exhibition organisers, industry associations and private sector clients.
Post IPO listing new faceson board are P. Uday Kumar, former managing director of National Small Industries Corporation Limited (NSIC), Sushil Shah former CFO of NESCO Limited,
Raminder Singh of Urban Gro, Hussein Ahmad, former superintendent of Indian Customs, Nisha Quaim, executive editor of TradeFairTimes and existing directors’ M Q Syed and Padma Mishra.
These new additions can be a game changer .
These new additions can be a game changer .
Each one of the new board member brings incredible depth of industry experience and a fine understanding with respect to the exhibition industry and MSME sector.
Market Cap₹ 165 Cr.
Cmp : 139
Stock P/E 18.0, Industry PE 22.3
Lets see if this can create wealth for all stake holders .
Cmp : 139
Stock P/E 18.0, Industry PE 22.3
Lets see if this can create wealth for all stake holders .
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