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Top 5 Companies With Exceptional FY23 Financial Results

26 Jun 2023

Introduction: 

When looking for stocks, a lot of factors come into play. The company’s market capitalisation, dividends, product launches, market expansion strategies, bonus shares, corporate decisions, and other key metrics can together help investors choose stocks. Companies that do well and deliver exceptional performance can make for top contenders, while those struggling to make ends meet can be potential red flags. 

Top 5 Companies With Exceptional Results in FY 2023

1. Consolidated Finvest & Holdings Limited

Consolidated Finvest & Holdings Limited has emerged as an eminent player, making its mark as a distinguished Non-Banking Finance Company (NBFC) in India. The NBFC invests in a diverse portfolio of multiple investment avenues, including shares, stocks, bonds, debentures, mutual funds, inter-corporate deposits, and loans.

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Consolidated Finvest & Holdings Limited has emerged as a standout performer in FY 23. For FY 23, the company had sales of Rs 402.9 crore. The company’s gross profit was Rs 396.7 crore, and its net profit was estimated at Rs 304.1 crore.

2. Dilip Buildcon Limited

Dilip Buildcon Limited is one of the largest and fastest-growing road companies in India. Founded in 1987, the company has a rich legacy of over three decades in the field of construction. The company specialises in various segments, including roads and highways, bridges, tunnels, airports, railways, irrigation projects, and mining. Dilip Buildcon Limited has a strong financial position which has enabled it to create a diversified portfolio which includes projects like the Indore Metro Rail project, Bhopal Metro Rail project, Zuari Bridge, and several others. 

For FY 23, Dilip Buildcon Limited had sales of Rs 2857.3 crore. The company’s gross profit was Rs 179.1 crore, and its net profit was estimated at Rs 58.3 crore.

3. Mangalore Chemicals and Fertilisers Limited

Mangalore Chemicals and Fertilisers Limited is an Indian company that manufactures and sells fertilisers and chemicals. It is a part of the conglomerate Adventz Group and was established in 1966 in Bangalore, Karnataka. Mangalore Chemicals and Fertilisers Limited is the largest manufacturer of chemical fertilisers in Karnataka. The company manufactures and sells a wide range of products like urea, NP 20:20:00:13, Di-Ammonium Phosphate (DAP), sulphuric acid, Ammonium Bi-Carbonate (ABC) - food grade, micronutrients and soil conditioners, speciality fertilisers and nutrient products consisting of water-soluble fertilisers, and Sulphonated Naphthalene Formaldehyde (SNF).

Mangalore Chemicals and Fertilisers Limited is a significant player in the Indian fertiliser and chemical industry. For FY 23, the company had sales of Rs 1163.6 crore. The company’s gross profit was Rs 111.1 crore, and its net profit was estimated at Rs 67.9 crore.

4. Kuantum Papers Limited

Kuantum Papers Limited is an Indian paper manufacturing company established in 1979-80. The company uses agro and wood materials to produce its products and lays stern emphasis on sustainability and environment-friendly practices. Kuantum Papers Limited has a diverse portfolio of products, including cream wove, map litho, copiers, coloured paper and speciality papers used in books, notebooks, diaries, calendars, trade directories, and other stationery items.

For FY 23, Kuantum Papers Limited had sales of Rs 343.7 crore. The company’s gross profit was Rs 102.5 crore, and its net profit was estimated at Rs 65.1 crore. 

5. Safari Industries (India) Limited

Safari Industries (India) Limited is an Indian luggage company engaged in the business of manufacturing and marketing luggage and travel-related products. Established in 1974 and headquartered in Mumbai, Maharashtra, the company offers a wide range of luggage products like suitcases, trolley bags, duffle bags, backpacks, laptop bags, and other travel accessories. Famous for innovation and product design, Safari Industries (India) Limited is a reputable name in the Indian luggage market known by its brand name Safari.

Safari Industries (India) Limited rounds out the list of top performers in FY 23. For FY 23, the company had sales of Rs 302.1 crore. The company’s gross profit was Rs 44.1 crore, and its net profit was estimated at Rs 35.0 crore. 

To sum it up

These five companies have truly stood out with their excellent financial results in FY 23. Keeping an eye on these companies and their performance can help investors identify potential investment opportunities in the future and choose lucrative investment options based on their goals.

The Motilal Oswal free demat account is the perfect platform for investing in stocks of top-performing companies. Click on the link to register and open a Demat and trading account

 

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