CMP: 2681

Page Industries Limited develops, produces, and distributes branded underwear for men, women, and children in India and Sri Lanka.

Page Industries is a good growth pick in mid-cap space. Its currently trading at a P/E of 41 which is high, but gets justified for growth and consistency. Decent dividend yields of 1% in the last 12 months. Minimal liabilities. Revenues have grown from 135 Crores to 491 Crores in the last 5 years. Profits have grown in similar lines from 17 Crores to 58 Crores over 5 years. NPM has been stable over 5 years at 12%. Buy, accumulate on dips and hold for long term gains.