Synopsis: ITCONS E-Options Ltd hit a 20% higher circuit after securing a ₹1.60 crore contract with the Directorate of Enforcement, Ministry of Finance, Delhi, to offer 38 manpower assets for one 12 months from January 2026.
The shares of the Micro-Cap inventory specializing in complete staffing, recruitment, and HR companies, providing everlasting/momentary staffing, IT consulting, payroll administration, and rebadging options for a number of sectors, hit a 20 p.c higher circuit upon securing a contract from the Ministry of Finance.
With a market capitalization of Rs. 309.45 crores on Wednesday, the shares of ITCONS E-Options Ltd hit a 20 p.c higher circuit, making a excessive of Rs. 525.70 per share in comparison with its earlier closing value of Rs. 438.10 per share.
What Occurred
ITCONS E-Options Ltd, engaged in complete staffing, recruitment, and HR companies, providing everlasting/momentary staffing, IT consulting, payroll administration, and rebadging options for a number of sectors, has been awarded a brand new contract by the Directorate of Enforcement, Division of Income, Ministry of Finance, Delhi.
The contract is to offer 38 assets for a interval of 1 12 months, commencing from January 01, 2026, to December 31, 2026, until prolonged additional by mutual settlement. The whole contract worth is roughly Rs. 1.60 crores, inclusive of all taxes and duties.
The contract is for manpower outsourcing companies and has been awarded by a home authorities entity. This award signifies a major milestone for the Firm, reflecting the continued belief reposed in it by Authorities companies.
Financials & Others
The corporate’s income rose by 129 p.c from Rs. 17.54 crore in September 2024 to Rs. 40.19 crore in September 2025. In the meantime, the Web revenue rose from Rs. 1.29 crore to Rs. 2.78 crore throughout the identical interval.
The corporate exhibits a good monetary efficiency with a ROCE of 17.2% and a ROE of 12.8%, indicating environment friendly use of capital and shareholder funds. Its debt-to-equity ratio of 0.20 displays a low reliance on debt, suggesting a robust and steady monetary construction.
As of September 2025, the shareholding sample exhibits that promoters maintain 56.78%, institutional traders (DII) maintain 0.35%, and the general public holds 42.87% of the shares, indicating majority promoter management with a major public stake.
Together with it, the corporate has demonstrated robust development, with a 3-year compounded gross sales development of 45% and a 3-year compounded revenue development of 36%, reflecting sturdy growth and profitability over the interval.
ITCONS e-Options is a Pan India, skilled staffing and recruitment firm specialising in strategic companies for the Info Expertise, Healthcare, Manufacturing, Oil and Fuel, Engineering, Logistics/Transportation, Mild Industrial, Media, Finance/Accounting, Administrative Companies/Clerical, Advertising/Inventive, associated industries, together with the State Govt. Central Govt. and PSUs.
The corporate boasts in depth expertise with 15+ years within the business, over 235 profitable tasks, 500+ glad purchasers, and a staff of 1000+ staff, highlighting its experience and robust operational capability.
Disclaimer
The views and funding ideas expressed by funding specialists/broking homes/ranking companies on tradebrains.in are their very own, and never that of the web site or its administration. Investing in equities poses a threat of monetary losses. Buyers should due to this fact train due warning whereas investing or buying and selling in shares. Commerce Brains Applied sciences Non-public Restricted or the writer will not be answerable for any losses induced on account of the choice based mostly on this text. Please seek the advice of your funding advisor earlier than investing.
Leave a Reply