Gujarat-based penny stock under Re 1: Board Approves 1:10 Bonus Issue and Turnaround in Q1FY26 Business, Total Income Rises Multi-Fold to Rs 12.99 Crore

Ahmedabad-based Murae Organisor Ltd has announced a turnaround in business operations with strong quarterly results for Q1FY26. The company posted a net profit of Rs 7.43 crore, compared to a net loss of Rs 24.33 lakh in the same quarter last year. Total income rose sharply to Rs 12.99 crore from Rs 23.17 lakh in Q1FY25.

For the full year FY25, the company reported revenue of Rs 854.82 crore, a significant rise from Rs 2.54 crore in FY24. Net profit surged to Rs 7.52 crore against Rs 5.31 lakh in FY24. In Q4FY25 alone, revenue stood at Rs 515.53 crore with net profit of Rs 2.85 crore, reflecting strong momentum across operations.

The Board of Directors approved a 1:10 bonus issue in its August 8 meeting. A total of 18.59 crore fully paid bonus equity shares of Rs 1 each will be allotted to eligible shareholders. With this, the company’s paid-up equity share capital has increased from Rs 185.89 crore to Rs 204.48 crore. Earlier, on May 30, 2025, the board had approved a 1:2 stock split, lowering the face value of each equity share from Rs 2 to Rs 1.

In a significant development, the company announced the accumulation of supply orders worth Rs 297 crore from multiple institutional clients in the FMCG, agri-processing, and commodity trading sectors. These orders cover key commodities such as mustard seeds, groundnuts, chickpeas, oilseeds, and pulses. The first tranche, worth Rs 57 crore, is scheduled for execution within 30 days.

Murae Organisor is also diversifying into the agro-industrial sector. The company has proposed to acquire agricultural land in Kutch, Gujarat, to cultivate high-quality pomegranates and set up a state-of-the-art distillery facility. The investment is estimated at Rs 20–25 crore. This strategic expansion aligns with government schemes like the National Horticulture Mission, Pradhan Mantri Krishi Sinchai Yojana (PMKSY), and the Gujarat Industrial Policy 2020, which offer subsidies, tax incentives, and infrastructure support.

Founded in 2012, Murae Organisor Ltd has transformed itself into a growth-focused player by venturing into high-volume agri-supply chains. With strong order visibility, bonus and split actions benefiting shareholders, and entry into agro-industrial ventures, the company is positioning itself as a long-term player in both commodity trade and value-added agriculture.

The stock is up over 26 per cent from its 52-week low of Rs 0.47 per share.

Disclaimer: The article is for informational purposes only and not investment advice.