Symphony Ltd

CMP: 240

Symphony Ltd. manufactures a wide range of air coolers. The Company's products include evaporative air coolers, air conditioners, and water heaters.

Symphony is a decent bet in small-cap space. Its currently trading at a P/E of 18 with decent dividend yields of 1% in the last 12 months. The company runs at Zero debt which is a good thing. Revenues have risen from 42 Crores to 233 Crores in the last 5 years. Profits have risen astronomically from 2 Crores to 45 Crores in the last 5 years. NPM has jumped up strongly from 5% to well over 19% over 5 years. FY12 has been pretty decent so far. Buy with minimal exposure and hold for long term gains.