Captain Technocast announces bonus shares after huge gains

Captain Technocast, a company that makes industrial castings, will announce a bonus share issue today, March 18, 2025. This comes after the company achieved an impressive 3200% return for investors over the past five years. The announcement will be made during a meeting of the company's board of directors. This is the first bonus share announcement in five years. The last time Captain Technocast issued bonus shares was in July 2019. The board will also plan details for an Extra-Ordinary General Meeting to discuss this issue. Captain Technocast has been a strong performer. In the last year, its shares rose by 233%. Recently, the stock has shown consistent gains, closing each session positively for nine straight days. In March alone, the shares have increased by over 13% after a dip in February. Financially, Captain Technocast reported an 8.7% rise in revenue for the fiscal year 2024. The total revenue reached ₹64.22 crores, up from ₹59.09 crores in the previous year. The company's net profit also grew significantly, increasing by 31.8% to ₹3.85 crores. The company has enhanced its operational efficiency, with its earnings before interest, taxes, depreciation, and amortization (EBITDA) growing to ₹7.31 crores in FY24. The EBITDA margin improved slightly, as did the net profit margin. Captain Technocast manufactures a variety of products, including valves, pumps, and components for the aerospace and defense sectors.