Roman Tarmat gains on new order win

Roman Tarmat company said it has bagged two small orders worth around Rs 19.62 crore.

The stock hit a high of Rs 87.90 and a low of Rs 85 so far during the day. The stock had a 52-week high of Rs 376.25 on 9 June 2007 and a 52-week low of Rs 65.70 on 27 March 2008.

The company’s current equity is Rs 10.96 crore. Face value per share is Rs 10.

The current price of Rs 86.25 discounts its Q3 December 2007 annualised EPS of Rs 7.01, by a PE multiple of 12.30.

In March 2008, Roman Tarmat bagged an order worth Rs 29.42 crore from New Mangalore Port Trust, Mangalore for concreting the existing roads in Mangalore.

Roman Tarmat’s net profit declined 40.9% to Rs 1.92 crore on 3.1% fall in net sales to Rs 26.37 crore in Q3 December 2007 over Q3 December 2006.

The company provides engineering, procurement and construction services for infrastructure projects. The services include construction of airside works, highways, roads and other civil work.