CMP: 195

WPIL Ltd. manufactures solid handling pumps, stock pumps, horizontal split casing centrifugal pumps, vertical submersible pumps and vertical submersible motors. The Company also manufactures grey iron castings and sluice pumps. Worthington Pump India sells its products in India and abroad.

WPIL is a 155 Crore penny cap stock. Its a growth pick. Revenues have grown strongly from 70 Crores to 212 Crores in the last 5 years. Profits have leaped form less than a Crore to 13 Crores in the same period. NPM has grown from less than 1% to over 6%. Liabilities are at manageable levels. Its currently trading at a P/E of little less than 10. Decent dividend yields of 1% in the last 12 months. Buy and hold for long term gains.