Crest Ventures Limited, a Non-deposit taking NBFC registered with the RBI, is a dynamic player in real estate, financial services, and investment operations. The company’s recent stellar quarterly results have caught the attention of investors. In this article, we delve into key aspects to help you decide if Crest Ventures is a worthy addition to your investment portfolio.
Weekly Chart Analysis
The weekly chart of Crest Ventures reflects a robust uptrend, marked by higher highs and higher lows.
Starting at Rs. 83 per share in 2020, the stock has surged to over Rs. 280 per share, delivering a remarkable 230% return within just three years.
Second Quarterly Results of FY 2023-24
In September 2023, Crest Ventures showcased a robust financial performance, with net sales reaching Rs 51.68 crore, marking an impressive 175.53% increase compared to the previous year. The quarterly net profit witnessed a substantial surge, reaching Rs 29.41 crore, reflecting a remarkable 419.47% growth. The company’s EBITDA also demonstrated a noteworthy upswing, standing at Rs 43.78 crore, marking a substantial increase of 269.76%. Furthermore, the Earnings Per Share (EPS) exhibited a significant rise, reaching Rs 10.43, compared to Rs 1.99 in September 2022. These financial figures underscore Crest Ventures’ strong performance and financial stability during this period.
Investment & Credit Ventures
Crest Ventures actively invests in strategic planning, boasting a diverse portfolio:
- Vascon Engineers Ltd: A stalwart in EPC and real estate, completing over 200 projects across 30+ cities.
- Tamarind Global Services Private Limited: A focused destination and event management company.
- TBOF Foods Private Limited: A D2C organic agri-food company with a global reach.
- CMS IT Services Private Limited: Focused on infrastructure management, system integrations, and cloud computing.
Crest Ventures Ltd, driven by pivotal success elements, is embarking on an impressive trajectory of growth, presenting an enticing investment prospect. Nevertheless, it is highly recommended that discerning investors undertake thorough research and align their investment choices with their individual financial objectives to ensure well-informed and judicious decisions.
Disclaimer: (This information is provided solely for informational purposes. It is important to note that investing in the market or a business idea involves market risks. Before investing money as an investor/ owner/ partner, always consult an expert. DNP News Network Private Limited never advises to invest money on stocks or any specific business idea. We will not be liable for any financial losses.)