** Penny Stock Under Rs 25: Adroit Infotech Ltd has been able to secure an International Order of USD 4,50,000 & the Stock Closed At The Upper Circuit.
**Introduction:**
Among earlier unnoticed micro-cap companies was Adroit Infotech Ltd which operates mainly in SAP Support Services. In the last two years the company’s shares have risen over 240% today it reached the upper circuit at BSE and closed at Rs. 20. 50 per share. This wonderful performance was observed after one of its subsidiaries, namely Adroit Infotech L. L. C FZ, secured a big order from the international market recently.
**Company Overview:**
Adroit Infotech Ltd was founded in the year 1990 and it was the vision of the firm to help organizations provide better internal processes with the help of SAP products and solutions to find out cheaper ways. It has improved in the year and the current market capitalization of the firm is Rs. 117. 40 crore.
**Major Order Announcement:**
Adroit Infotech L. L. C FZ a Dubai based Company and wholly owned subsidiary of Adroit Infotech Ltd has recently bagged a mammoth order of USD 4,50,000 (approximately 37. 76 million) from Empresa Nacional de Bilhética Integrada, Angola. Services offered in the contract include SAP BRIM implementation solutions, migration services, training and transition support. This order is a clear show of the company’s international outreach and its capability in SAP solutions services provision.
**Stock Performance:**
On Tuesday, Adroit Infotech Ltd shares rose and hit the upper limit on BSE and closed at Rs 20. 50 per share. It has also delivered over 40% returns in the last year and can therefore be categorized under the risky and high-return investment – penny stocks.
**Financial Performance:**
To the end of the Q1 FY25 Adroit Infotech Ltd had accrued a total revenue of Rs 6. 56 crores; from its Rs 5. 92 crore as compared to the preceding quarter because the organization is coming up with new strategies to market the products and it has spent more on this line of business. On the same operating front for the year 201,0 the operating profit that the company was able to secure was Rs 0. 57 crore, as against a net profit of Rs 0. 15 crore in the same quarter last year and remained almost the same with figures of Rs. But the total sales are still much below what it was in the previous quarter which was Rs 43 crore. For this similar period for FY24, the total revenue of the company was Rs 24. Twenty-nine will earn Rs 4 crore operating profit investment of Rs 86 crore. while it had paid up capital of Rs 68 crore and net worth of Rs 33 crore; gross earning of Rs 3 crore and net profit of Rs crore against the gross earning of Rs 3 crore only that having establishment. 78 crore in FY23.
**Shareholding Pattern:**
As per the latest shareholding data, the promoters have a 36% share of the company and thus have management control over the company. The shareholders, the Employees, own 61% of the company while the public investors own 63% of the company. 38%. This distribution represents a high promoter activity, which in the majority of the situations is considered to be favorable towards the investor.
**Conclusion:**
Another good penny stock to invest in is Adroit Infotech Ltd which is working under a market capitalization of Rs 25 or lower convertibility as its expertise in SAP coupled with recent international orders can make it a growth stock. Any investor, who is invested in the micro-cap segment or searching for the best stocks to invest in should never rule out Adroit Infotech Ltd.
**Disclaimer:**
The contents of this article are information to the reader and any form of rising or selling in the stock is solely the reader’s choice to embark on. That is why the final decision on investments should always be taken with the help of a financial advisor only.(alert-warning)
