CMP: 45

Sanwaria Agro Oils Limited manufactures refined edible oil which is mainly from soybean and other minor oil seeds. The Company has a solvent extraction plant in Kheda Itarsi. Sanwaria exports its soya de-oiled cake.

Sanwaria Agro Oils is a decent bet in mid-cap space trading at a P/E of 29. It runs at a debt of 425 Crores with close to 13 Crores cash in hand. High debt levels makes it a risky bet. Revenues have risen from 939 Crores to 1420 Crores in the last 5 years. Profits have been around 50 Crores with a dip to 19 Crores last year. Last few quarters have seen steady recovery and a surge in last quarter augers well for stock price in short term. Buy and hold till results come in favorable.