CMP: 31

DHP India Ltd. manufactures domestic pressure regulator for LPG Cylinder & their appliances and parts.

DHP India is a small penny cap stock with market cap of less than 10 Crores. Its currently trading at a P/E of little over 3. Good dividend yields of over 3% in the last 12 months. Revenues have grown steadily from 10 Crores to 23 Crores in the last 5 years. Profits have risen strongly from 0.42 Crores to 2.60 Crores in the same period aided by NPM growth. NPM has picked up from 4% to 11% over the last 5 years. Its got good support on the chart at 28 levels.