CMP: 104

Gillanders Arbuthnot & Company Ltd. manufactures and markets various flavors of tea. The Company also provides services in structural engineering, steel fabrication, turnkey projects, and other engineering works. Gillanders Arbuthnot also manufactures various forms of yarn. The Company supplies its products in India and elsewhere throughout the world.

Gillanders Arbuthnot is a good value buy in small-cap space at an attractive P/E of less than 5. Revenues have grown 3 fold and PAT has grown 6 fold in the last 5 years. NPM has significantly grown from 2% to as high as 14% in recent quarters. The stock has been good on the chart. Organic growth should push the stock higher in years to come. Very high dividend yields of close to 5% yields in the last 12 months. Buy, accumulate on dips and hold for long term gains.