This Hidden Gem CNC Stock Is Backed by 47% Profit CAGR and a ₹456 Crore Order Book
Sometimes a stock catches attention just because of how it moves. But the real question is always whether the business behind it can back that up. This company just gave investors a strong reason to believe it can, with numbers that beat its own history by a wide margin.
Shares of Macpower CNC Machines Limited, with a market capitalization of around Rs.2,000 crore, closed at Rs.1,989.3, down nearly 0.9% from the previous close of Rs.2,007.1. It currently trades at a P/E ratio of 51.62.
The stock has had a wild few months. It was trading around ₹900 in early June 2026, then rallied all the way to about ₹2,050 just a few days back, before cooling off to around ₹1,900 currently. That’s roughly a 120% jump from the June lows.
Q1 FY27 Was the Best First Quarter Ever
Macpower CNC Machines Limited just reported its highest-ever revenue, EBITDA, and profit for any first quarter in the company’s history. Revenue came in at ₹95.24 crore, up 56.1% compared to the same quarter last year.
EBITDA jumped even faster, rising 95% year on year to ₹15.43 crore, with the margin improving to 16.20%. Profit after tax more than doubled, growing 110% to ₹9.58 crore, taking the PAT margin to 10.06%. The company called it the best Q1 performance across every key metric the company tracks.
A Growing Order Book Backing the Growth
What makes this quarter stand out isn’t just the numbers already booked, it’s what’s still coming. The pending order book stood at ₹456 crore at the end of Q1, up 32% from a year ago. The company’s NEXA series of machines, which are its higher-value products, made up around 40% of that order book.
On top of this, domestic bids submitted stood at ₹739 crore, with tender bids under evaluation worth ₹304 crore and quotations in the pipeline worth over ₹1,000 crore. Management said this visibility gave them the confidence to raise their growth guidance from the earlier 28-30% range to over 30% for the year.
New Facility to Support Future Scale
The company has also taken a 13-acre plot of land on a 30-year lease near its existing plant in Gujarat, with plans to build a centrally air-conditioned, world-class assembly facility spread across 1.5 to 2 lakh square feet. The investment for this is pegged at around ₹50 crore, and the project is targeted for completion within 12 months.
Management pointed out that this expansion should also qualify for benefits under Gujarat’s new industrial policy, including a 25% capital subsidy and a 7% interest subsidy, which would bring down the effective cost of funding this expansion quite a bit.
Profit Growth Over the Years
Zooming out, the company’s compounded profit growth has been strong across time frames too. Over the last 10 years, profit has compounded at 53%, and even over the last 5 years it’s been 42%.
The 3-year number stands at 38%, while the trailing twelve months (TTM) figure is 47%. This kind of consistency over such a long period is what tends to draw long-term investor interest to a stock, alongside the more recent quarterly momentum.
Bottom Line
This is a company that’s firing on most cylinders right now, strong revenue growth, expanding margins, a fat order book, and a fresh capacity expansion in the works. The stock’s sharp rally shows the market has already taken notice.
That said, after a 120% move in just a few months, a lot of this good news may already be priced in, so investors would do well to track execution on the new facility and margin trajectory before chasing the stock further.
About the Company
Macpower CNC Machines Limited is a Rajkot, Gujarat based manufacturer of CNC machines used across industries like general engineering, die and mould making, and defence. The company makes hundreds of machine variants and has been steadily expanding its branch and technology centre network across India while also working on backward integration of its manufacturing.
