CMP: 144

Jyothy Laboratories Limited develops and manufactures household products.

Jyothy Laboratories is a decent bet in mid-cap space trading at a P/E of 27 with dividend yields of nearly 2% in the last 12 months. It runs at a debt of 553 Crores with 33 Crores cash in hand. Revenues have risen from 373 Crores to 663 Crores in the last 5 years. Profits have risen from 54 Crores to 83 Crores in the last 5 years. Profit margins has dipped marginally from less than 15% to below 13% over the last 5 years. Buy and hold for long term gains.