CMP: 391

Vesuvius India Limited manufactures, markets and develops ceramic systems which control, protect and monitor liquid steel in the continuous casting process. Vesuvius India Limited also manufactures refractory lining materials for iron and steel-making and for other flow control processes.

Vesuvius India is a good bet in small-cap space. Its currently trading at a P/E of little less than 15 with decent dividend yields 1% in the last 12 months. Minimal liability. Revenues have increased steadily from 271 Crores to 443 Crores in the last 5 years. Profits have grown more from 21 Crores to 49 Crores backed by NPM growth in the same period. NPM has grown smartly from less than 8% to 11% over 5 years. Buy and hold for long term gains.