CMP: 529


Gujarat Fluorochemicals Ltd. manufactures chlorofluorocarbon refrigerant gases and anhydrous hydrofluoric acid. The Company also trades in Certified Emission Reduction, or carbon credits. Gujarat Flourochemicals owns and operates a chain of family entertainment centers and multiplex cinema theaters.

Gujarat Fluorochemicals is a good bet in mid-cap space. Its currently trading at a P/E of 11 with decent dividend yields of less than 1% in the last 12 months. Minimal liability. Revenues have grown from 573 Crores to 1063 Crores in the last 5 years. Profits have stayed pretty much flat above 250 Crores in the last 5 years. Its the last 3 quarters (Q4 FY11, Q1 &Q2 FY12) that have been most impressive growing at almost 300% over last year in both profits and revenues. NPM is currently peaking strongly at 35%. Buy, accumulate as growth continues and hold for long term gains.