Roto Pumps Q3 Result 2024: Date and Time, Share Price and Target

News: Roto Pumps, a key player in the irrigation and pumps sector, recently released its Q3 2024 results. In this article, we’ll delve into the essential details, including the date and time of the announcement, share price movements, and future targets.

Date and Time of Q3 Results

The eagerly awaited Q3 results for Roto Pumps were announced on 30th January 2024. Investors and stakeholders were keen to learn about the company’s performance during this period.

Share Price Movement

On the day of the announcement, Roto Pumps’ share price exhibited interesting dynamics. Let’s take a closer look:

• Previous Close: The stock closed at Rs 421.10.
• Current Price: After the results, the share price surged by 3.58%, reaching Rs 436.15.

This upward movement indicates positive sentiment among investors following the release of the Q3 results.

Key Metrics

Here are some crucial metrics related to Roto Pumps:

• PE Ratio: The price-to-earnings ratio stands at 33.83.
• Earnings per Share (EPS): The trailing twelve months EPS is ₹12.89.
• Market Capitalization: Roto Pumps’ market cap is approximately ₹1,369.84 crore.
• Dividend Yield: The company offers a dividend yield of 0.72%.

Financial Performance

Roto Pumps witnessed impressive growth in its Q3 revenue. The quarterly topline performance revealed a remarkable 48.2% increase, the highest in the last three years. Furthermore, the company’s annual revenue growth of 27.91% outperformed its three-year CAGR of 18.98%.

Shareholding Pattern

As of December 31, 2023, the shareholding pattern for Roto Pumps is as follows:

• Promoters: Hold 67.26% of the shares.
• Foreign Institutional Investors (FII): Hold 2.69%.
• Others: Account for 30.05%.

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About Roto Pumps Company :

Roto Pumps Ltd., a global leader in fluid engineering, has been successfully moving various fluids across the world for over 55 years. As pioneers in manufacturing Positive Displacement Pumps, they rank among the top 10 players globally. Let’s explore more about this remarkable company:

Company Overview

• Establishment: Roto Pumps was founded in 1968 and has since become a preferred brand in positive displacement pumps.
• Product Range: They specialize in manufacturing Progressive Cavity Pumps, catering to diverse industries such as Wastewater, Sugar, Paper, Paint, Oil & Gas, Chemicals & Process, Ceramics, Food & Beverages, Renewable Energy & Power, Mining & Explosives, Marine & Defense, and more.
• Global Presence: With a rich legacy spanning over 50 years, Roto Pumps operates across 5 continents.

Highlights

1. Innovative Solutions: Roto Pumps provides innovative fluid engineering solutions across 25+ industries.
2. State-of-the-Art Plant: Their integrated manufacturing facility ensures high-quality products.
3. Fluid Expertise: Roto Pumps efficiently handles over 5,000 fluids in various sectors worldwide.
4. Certifications: Their plants are ISO 9001, ISO 14001, and OHSAS 18001 certified.

Roto Pumps’ Q3 results reflect robust financial performance and investor confidence. As the company continues to innovate and expand, it remains an interesting stock to watch. Investors should keep an eye on further developments and targets set by the management.

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