Investors in Captain Technocast have reasons to cheer as the company readies to declare a bonus issue after a gap of six years. In 2019, shareholders were given this benefit when the company issued bonus shares in a ratio of 1:1. History seems to be repeating itself now as the Gujarat-based company takes steps to reward its loyal investors once again.
A Quick Look at Captain Technocast’s Growth
Located in Rajkot, Gujarat, Captain Technocast manufactures high-quality castings for industries such as automotive, aerospace, defense, and engineering. The company has emerged as a reliable supplier, offering multibagger returns to its investors.
Bonus Share Update: New Record Date To Be Announced
Initially, the company had set April 21, 2025, as the record date for the 1:1 bonus share issuance. However, that date has been cancelled, and the new date will soon be announced. Shareholders whose names are recorded in the company records or depository lists as of the revised record date will be eligible for the bonus shares.
Stock Performance: A Wealth-Creating Machine
- Current Share Price (BSE): ₹529.90
- Face Value: ₹10
- 52-Week High: ₹606 (January 30, 2025)
- 52-Week Low: ₹180 (April 16, 2024)
The stock has been a remarkable wealth creator:
- 1-Year Return: 185%
- 3-Year Return: 1,458% (Turning ₹50,000 into ₹7+ lakhs)
- 5-Year Return: 3,352% (Turning ₹1 lakh into ₹34+ lakhs)
Strong Fundamentals & Promoter Confidence
- Promoter Holding: 64.69% (as of March 2025)
- Market Cap: Over ₹600 crore
- Revenue (FY 2023-24): ₹62.67 crore (standalone)
- Net Profit (FY 2023-24): ₹3.70 crore
The last dividend payout was 20 paise per share in 2023, but the upcoming bonus issue is the real highlight for investors.
