Top Five Companies Expecting More Than 50% Revenue Growth

The market is buzzing with optimism, and several companies are leading the charge with sky-high revenue guidance. We are diving into the top 5 players projecting a staggering growth of over 50%. From industry disruptors to established giants, these companies are betting big on the future, and their confidence is a beacon for investors seeking high-octane growth potential.

Gensol Engineering Ltd

Gensol Engineering Ltd provides solar consulting and engineering, procurement, and construction services.

The company has projected a revenue guidance of Rs 2,000 Cr for FY25, aiming for a 2x growth from FY24. It plans to maintain consolidated EBITDA margins at 25%-26%. The company anticipates substantial growth in its EV leasing business and EV manufacturing ventures while focusing on expanding into battery energy storage systems.

Additionally, the company is emphasising green energy and clean mobility. To bolster its solar sector offerings, it has acquired Scorpius Trackers. With a state-of-the-art EV manufacturing facility in Chakan, Pune, the company boasts a production capacity of 30,000 vehicles per annum.

Zen Technologies Ltd

Zen Technologies Ltd engages in the provision of training systems and counter-drone solutions.

Recently, the company delivered its innovative Zen Anti-Drone System with Hard-Kill (Zen ADS HK) to the Army Air Defence College in Gopalpur, Odisha, enhancing India’s defence against drone threats. In their Q4FY24 conference, the company reported an order book surpassing Rs 1,400 crore as of March 31, 2024, with a target turnover of Rs 900 crore for the current Financial Year.

The company aims for 35% EBITDA and 25% PAT, with exports contributing over 30% of total revenue and a working capital cycle of 140-160 days. The company is also preparing to raise up to Rs 1,000 crore for potential acquisitions and exploring strategic inorganic acquisitions and OEM tie-ups.

Kaynes Technology India Ltd

Kaynes Technology India Ltd. engages in the design and manufacturing of advanced electronic modules and solutions.

The company is expanding its footprint with the incorporation of Kaynes Holding Pte. Ltd. to design and manufacture electronic systems and undertake strategic investments. The company anticipates over 60% revenue growth in FY25, backed by a robust order book of Rs 4,115 crore and a significant order from CDAC. Aiming for a billion-dollar revenue by FY28, Kaynes expects gross margins to surpass 15% and sees substantial growth in the medical segment.

Operational expansions include new facilities in Chamarajnagar, Karnataka, and expansion in Mysore and Manesar, alongside setting up an OSAT facility in Kongara Kalan, Telangana, and planning for a PCB fabrication unit in Mysore. For Q4FY24, sales surged 75% YoY to 637 Cr, and net profit nearly doubled to Rs 81 crore. Additionally, the company has acquired ESSNKAY Electronics LLC for Rs 10 crore to further strengthen its capabilities.

Kilburn Engineering Ltd 

Kilburn Engineering Ltd. engages in designing, manufacturing, and commissioning of customized equipment and systems for critical applications in several industrial sectors.

The company has seen significant activity and growth in recent months. In June 2024, the promoter acquired 72.7k shares at Rs 397/share, totaling Rs 2.9 crore. As of 31st March 2024, the company had an order book backlog of Rs 284 crore and is targeting consolidated revenue of Rs 500 crore for FY24-25 with an EBITDA of 20%, focusing on new segments like the cement industry. The recent acquisition of M.E. Energy is expected to contribute Rs 200-250 crore in turnover, with a planned expansion of its Pune factory.

For the current year, M.E. Energy is expected to generate over Rs 100 crore in revenue with an order book exceeding Rs 100 crore. Kilburn Engineering anticipates FY25 revenue of Rs 500 Cr and continues to focus on both domestic and international markets. For Q4 FY24, the company reported an 82% YoY increase in sales to Rs 122 crore and a 92% rise in net profit to Rs 23 crore. Recently, it received orders worth Rs 33.7 crore, including Rotary Dryers, Fluid Bed Dryers, Air Preheaters, and Pelletizers.

Sigachi Industries Ltd

Sigachi Industries Ltd. engages in the manufacture and sale of microcrystalline cellulose.

The company outlined its aspiration to reach Rs 600 crore in revenue by FY25, aiming for over 33% CAGR through expansion and market share growth. The company expects new capacity utilization to gradually rise, targeting 50% by Q4 FY25 and 80% by FY26.

The MCC capacity was expanded by 7,200 metric tons per annum at Dahej and Jhagadia plants, with API capacity plans to grow from 100 KL to 250 KL. MCC realization is projected to increase to Rs 204-205 per kg. Capex for FY25 is set at Rs 100 crore, including investments in Trimax and Hyderabad, and FY26 capex is estimated at Rs 80-90 crore.

Q4FY24 results showed sales up 44% YoY to Rs 104 crore and net profit up 114% to Rs 15 crore, despite a 6% QoQ decline in both metrics. The company anticipates 25% higher utilization in Q1FY25 and 20-25% annual growth in capacity utilization. Additionally, a new Dahej unit for CCS is being set up, and total capacity increased to 21,000 MTPA. Sigachi MENA FZCO in Dubai appointed Jerry White and Anu Aga as advisors for the MENA region.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.