Pbm polytex

CMP--52.95



The company belongs Patodia group producing 100% com

bed cotton yarn.It is exporting its products to over 50 countries.

Financials-- sales grew from137 cr to 217cr and NP improved vastly from a loss of 0.01cr in 2009 to a hefty 13.51cr in MAR 2013.The NP for the current period ended Dec 2013 was at 25.75 cr..
ROCE at 21.74 --DE of 0.60 and current ratio of 1.02 at the end of Mar 2013 are comfortable..The scrip may offer good scope for appreciation.

PBM Polytex profits in the last 5 years have been fluctuating ... Profits have spiked and gone low and so on ... Debt levels are little on the higher side ...

Last few quarters have shown consistency ... Will it continue? have the fortunes turned are grey areas ... Keep a close watch every quarter results

Today hits a high of 55.80

touched 63.85

65.80 done today