CMP: 2200

Alfa Laval (India) Limited manufactures and supplies key components and systems in separation, heat transfer, and flow technology. The Company manufactures plants and equipment for the food, chemical, and pharmaceutical industries. The Company's products include plate and spiral exchangers, centrifugal separators and decanters, and flow equipment.

Alfa Laval is a decent bet in mid-cap space. Its currently trading at a P/E of 31 with good dividend yields of well over 1% in the last 12 months. The company runs on Zero debt and has cash equivalent of 52 Crores. Revenues have risen steadily from 594 Crores to 836 Crores in the last 5 years. Profits have risen from 70 Crores to 108 Crores in the last 5 years. NPM has risen marginally from less than 12% to 13% over 5 years. Buy and hold for long term gains.