CMP: 193

Astral Polytechnik Limited manufactures and markets CPVC plumbing systems for residential and industrial applications. The Company also manufactures ASTM solvent weld lead free PVC plumbing systems.

Astral Polytechnik is a decent buy in small-cap space. Its currently trading at a P/E of little over 12 with decent dividend yields of less than 1% in the last 12 months. Minimal liability. Revenues have grown strongly from 97 Crores to 411 Crores in the last 5 years. Profits have grown in similar lines from 9 Crores to 34 Crores. NPM has dipped marginally from 9% to 8% over the last 5 years. Buy and hold for long term gains.