Pradeep Metals consolidated net profit rises 244.33% in the June 2024 quarter

Pradeep Metals Consolidated March 2023 Net Sales at Rs 63.05 crore, down 1.37% Y-o-Y

Pradeep Metals Consolidated December 2022 Net Sales at Rs 67.16 crore, up 19.92% Y-o-Y

Pradeep Metals consolidated net profit rises 97.28% in the December 2022 quarter

Pradeep Metals consolidated net profit rises 32.80% in the June 2022 quarter

Pradeep Metals Standalone March 2022 Net Sales at Rs 60.42 crore, up 43.41% Y-o-Y

Pradeep Metals consolidated net profit rises 34.32% in the March 2022 quarter

Pradeep Metals consolidated net profit rises 150.34% in the December 2021 quarter

The Company is India-based company engaged in manufacturing of steel products.

Pradeep Metals wins ’Best Patent Portfolio in SME (Manufacturing/Engineering) sector award; Stock soars 1%

Pradeep Metals Consolidated September 2021 Net Sales At Rs 55.00 Crore, Up 23.56% Y-o-Y

The supplier has demonstrated superior performance on all KPIs, supporting Alfa Laval to ensure the business continuity.

Pradeep Metals receives ‘Best Supplier Performance Award 2020’ from Alfa Laval

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Pradeep Metals Limited makes steel products. Its products include material grades, valves, gears and automative, manifolds, forged flanges and general engineering. The Company industries, such as instrumentation, oil and gas, and petro-chemical.