CMP: 606

Empire Industries Ltd. is a diversified manufacturing company which processes textiles and manufactures engineering equipment, including E.O.T. cranes, pressure vessels and heat exchangers. The Company also manufactures glass hollow-ware, machine tools, commodity and specialty chemicals and bulk drugs. Empire Industries also distributes process control instruments.

Empire industries is a good bet in small cap space. Its currently trading at a P/E of 12 with exceedingly good dividend yields of close to 4% in the last 12 months. It runs at a debt of 39 Crores with 53 Crores cash in hand. Revenues have steadily picked up from 89 Crores to 215 Crores in the last 5 years. Profits have risen from 8 Crores to 28 Crores in the same period. NPM has improved nicely from less than 9% to well over 13% in the last 5 years. Buy and hold for long term gains.