Microcap stock in green after securing work order from South East Central Railways

The shares of the manpower solution provider gained up to 1 percent after the company secured a prestigious work order from South East Central Railway for Rs 1.26 crore.

Price Movement

With a market capitalization of Rs 398.50 crore, the shares of Dynamic Service & Security Ltd were trading at Rs 289.90 per share, increasing around 0.83 percent as compared to the previous closing price of Rs 287.50 apiece.

Reason for Rise

The company shares have seen positive movement after Dynamic Service & Security Ltd secured a prestigious work order from South East Central Railway for the Outsourcing of box loading/unloading of Crew & Guard at both UP & Down directions of Kobra (KRBA) & Brajrajnagar (BRJN) stations of Bilaspur Division, for a consideration of Rs 1.26 crore.

Financial condition

Analyzing the company’s financial performance, revenue zoomed by 33 percent from Rs 55 crore in H1FY24 to Rs 73 crore in H1FY25 but during the same time, net profit stretched by 75 percent from Rs 4 crore to Rs 7 crore.

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Recent project

Recently, the company received a mega project from the Government of Maharastra to set up a new project for manufacturing Solar PV Panels 1,800 MW at MIDC Villebhagad, Tal-Mangaon in the district Raigad under the Package Scheme of Incentives 2019. The fixed capital investment for the project was Rs. 1,080 crore.

Financial Metric

In the return ratios, the return on equity (RoE) in FY24 stood at around 11.5 percent, and the return on capital employed was around 15.1 percent. The debt-to-equity ratio stood around 0.69 as of FY24. 

Company Profile

Dynamic Services & Security Limited operates in business, such as transportation, manpower and merchandise cleaning charges, and sales and supply of goods. The Company’s products and solutions include guarding/custodial services, integrated facilities management, service-IT and ITES, Web development, and digitalization.

Written by Abhishek Singh

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