Upper Circuit Alert: Lighting and Fixtures Company Bags Order Worth Rs 2,22,86,628 From Suryam Developers LLP

Focus Lighting & Fixtures Limited has secured a significant domestic order from Suryam Developers LLP, valued at Rs 2,22,86,628 (exclusive of GST). This contract entails the manufacture, supply, and delivery of LED Lighting and Fixtures for a residential project. The company is slated to complete the execution and delivery of this order by December 31, 2025.

Earlier, the company secured a commercial order from Larsen & Toubro Ltd, Construction, for the manufacture, supply, and delivery of LED lighting and fixtures. Valued at Rs 10,50,20,000 (inclusive of 18 per cent GST), this domestic order requires the company to deliver the specified lighting solutions within eight months. This significant contract is expected to contribute to Focus Lighting & Fixtures' order volumes and revenue in the coming quarters.

Focus Lighting & Fixtures Limited, established in 2005, specializes in the manufacturing and trading of innovative LED lighting solutions, offering a diverse portfolio of spotlights and downlights such as the Array Pro, Dione Cove and Magnus series, alongside infrastructure and railway lighting solutions like façade, underwater, and passenger lights; the company markets its products under the brand names Plus Light Tech, Trix and Lumens & Beyond.

On Wednesday, shares of Focus Lighting & Fixtures Limited hit a 5 per cent upper circuit to Rs 106.81 per share from its previous closing of Rs 101.73 per share. The stock’s 52-week high is Rs 144 per share and its 52-week low is Rs 63.78 per share. The shares of the company have a PE of 48x, an ROE of 11 per cent and an ROCE of 14 per cent. The company has a market cap of over Rs 700 crore and the stock is up by 67.5 per cent from its 52-week low of Rs 63.78 per share.

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