Rs 757 crore order book: Power cable company receives orders worth Rs 152,25,38,327.26 from Paschim Gujarat Vij Company Ltd

DSIJ Intelligence-1 / 03 Sep 2025/ Categories: Multibaggers, Trending

The stock gave multibagger returns of 340 per cent in just 2 years and a whopping 660 per cent in 3 years.

Advait Energy Transitions Limited has secured two turnkey contracts from Paschim Gujarat Vij Company Ltd (PGVCL) totalling Rs 152,25,38,327.26. The first order, valued at Rs 80,55,15,731.02, is for the supply and installation of 11 KV Medium Voltage Covered Conductor (MVCC) to create a reliable power network in the Bhavnagar Circle of PGVCL.

The second order, worth Rs 71,70,22,596.24, is for a similar project in the Amreli Circle. Both domestic contracts, received on September 1, 2025, are under the System Improvement (SI) Scheme and are to be completed within 12 months.

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Advait Energy Transitions Limited, also known as Advait Infratech Ltd, provides products and solutions for power transmission, power substation, and telecommunication infrastructure fields. Also, it operates with various verticals such as turnkey telecommunication projects, installation of power transmission, telecom products, etc.

Regarding the financials, Advait Infratech has a market cap of over Rs 2,000 crore with a 3-year stock price CAGR of 150 per cent. The net sales increased by 99 per cent to Rs 118.43 crore and the net profit increased by 67 per cent to Rs 8.93 crore in Q1FY26 over Q1FY25. The net sales increased by 91 per cent to Rs 399 crore and the net profit increased by 45 per cent to Rs 32 crore in FY25 over FY24. The company has an order book of Rs 757 crore that includes L1 orders.

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On June 11, 2025, prominent investor Vijay Kedia, through his firm Kedia Securities Pvt Ltd, acquired 100,000 shares at Rs 1,725 per share in an open market transaction, totalling Rs 17.25 crore. This comes as fellow ace investor Ashish Kacholia already holds a significant stake of 2,88,185 shares, representing 2.67 per cent of the company. Kacholia's shares were obtained through a preferential issue at Rs 1,388 per share (with a face value of Rs 10), aggregating to Rs 40,00,00,780.

The shares of the company have an ROE of 22 per cent and an ROCE of 28 per cent. The stock gave multibagger returns of 340 per cent in just 2 years and a whopping 660 per cent in 3 years.

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