CMP: 22

Gujarat Ambuja Exports Ltd. manufactures agro-processed products and cotton yarn. The Company's agro-processing activities include processing of oil seeds, maize and wheat. Gujarat Ambuja Exports' cotton yarn unit enjoys a 100% export oriented status and is mainly engaged in manufacture of 100% cotton yarn by producing ring spun and open end yarn.

Gujarat Ambuja Exports is a value buy in small cap space. Its currently trading at a P/E of little over 3 with good dividend yields of close to 3% in the last 12 months. Manageable liabilities. Revenues have grown from 1400 Crores to 1951 Crores in the last 5 years. Profits have grown more from 46 Crores to 94 Crores in the same period. NPM has risen smartly from 3% to almost 5% over 5 years. Buy and book profits above 30 levels.