CMP: 335

TVS Srichakra Limited manufactures tires, tubes and rubber products.

TVS Srichakra is a good bet in small-cap space. Its currently trading at a P/E of less than 6 with consistent dividend yields yielding as high as close to 4% in the last 12 months. Liabilities are high, but manageable and compensated by other financial ratios. Revenues have grown steadily from 416 Crores to 1097 Crores in the last 5 years. Profits have grown from strength to strength from 7 Crores to 39 Crores in the same period aided by NPM growth. NPM has grown from 1.70% to 3.55% over the last 5 years. Revenues and profits grow at close to 20-30% a year. Buy for long term gains.