Electrical & Instrumentation Works Company Bags Order Worth Rs 36,25,00,000 From L&T Hydrocarbon Engineering Ltd

The company has a market cap of over Rs 200 crore with a PE of 30x, an ROE of 12 per cent and an ROCE of 14 per cent.

ANI Integrated Services Limited has secured a revised purchase order (PO) from L&T Hydrocarbon Engineering Limited, valued at Rs 36.25 crore. This order entails the execution of electrical and instrumentation works for the HPCL Vizag-RUF project, encompassing installation, testing, calibration, pre-commissioning, and commissioning activities. Notably, this is a domestic contract with a stipulated completion deadline of March 31, 2026. This development underscores ANI Integrated Services Limited's growing expertise and capabilities in the electrical and instrumentation domain, solidifying its position as a trusted partner in the energy sector.

Earlier, the company announced that it has successfully expanded its operations into the iron and steel sector with a strategic new contract. This significant milestone marks a major step in the company's growth trajectory and industry diversification, following its initial contract in June 2024. With this expansion, ANI is poised to capitalize on the growth opportunities within the steel industry, leveraging its expertise and strong industry relationships to deliver innovative and high-quality solutions. The new venture is expected to substantially boost ANI's revenue and establish the company's credentials in the steel sector, positioning it for continued success in this dynamic industry.

About the Company

ANI is a renowned leader in the service industry, known for delivering excellence and innovative solutions across various sectors. With a commitment to quality and customer satisfaction, ANI is poised for further growth and success in its new endeavours.

The company has a market cap of over Rs 200 crore with a PE of 30x, an ROE of 12 per cent and an ROCE of 14 per cent. The stock gave multibagger returns of 260 per cent from its 52-week low of Rs 55.10 per share. Investors should keep an eye on this micro-cap stock.

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