Bolzen & Mutter Unlisted Shares FY24 Results: Fast-Growing Stock with Solar Sector Potential
Bolzen and Mutter have announced their FY24 results. They manufacture high-quality fasteners and components, including nuts, bolts, screws, and specialized parts. These products primarily serve the needs of the Automobile, Electronics, and Electrical industries. Let’s take a look at their performance.
Revenue increased from 16 crore in FY22 to 36.6 crore in FY24, showing a 43% CAGR growth. Similarly, their PAT also grew at an 83% CAGR, rising from 0.4 crore to 2.2 crore.
The company is now shifting its focus toward the solar sector, which is growing rapidly. In the future, there is potential for 70-80% of its revenue to come from this sector.
In terms of valuation, Bolzen & Mutter currently appears undervalued. The company's P/E ratio is 21.8x, compared to the industry average of 34.1x, which indicates significant upside potential for the stock.
The projected stock price ranges between 230 and 274. Bolzen & Mutter pre ipo could be an attractive investment opportunity. So why wait? Call Planify to invest in Bolzen & Mutter unlisted shares today.
About Bolzen & Mutter India Pvt Ltd:
Bolzen & Mutter is a leading manufacturer of high-quality fasteners, specializing in U-bolts, bolts, nuts, washers, and rivets. They are renowned for their commitment to quality and precision, ensuring their products meet international standards. Their U-bolts, in particular, are designed for durability and safety, making them suitable for various applications across industries like automotive, construction, marine, and industrial sectors. Bolzen & Mutter's dedication to client satisfaction drives them to deliver exceptional products and services.
Join Us For all the latest updates about startups, preipo and unicorns.
Keep yourself updated with the market situation.
Join us on Facebook
Contact us at +91 7065560002 via Whatsapp/Normal call
Or Mail us athelp@planify.in
Download the app for easy access. Links are given below:
Stay Connected, Stay Informed –
Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated research reports, delivered straight to your WhatsApp.