CMP: 131

Kolte-Patil Developers Ltd. builds residential housing, commercial complexes, and mixed residential and commercial projects.

Kolte-Patil Developers is a decent small-cap bet trading at a P/E of 22 with dividend yields of over 1% in the last 12 months. It runs at a debt of 46 Crores with 2 Crores cash in hand. Revenues have dipped from 368 Crores to 97 Crores in the last 5 years. Profits have dipped from 129 Crores to 30 Crores in the last 5 years. Profit margins have dipped from 35% to 31% in the last 5 years. Recent quarter results are showing some promising reversal in growth. Buy and book profits when Nifty peaks.