CMP: 333

BGR Energy Systems Limited designs, engineers, manufactures, sell and services a range of systems and equipment for the power, oil & gas, refinery, petrochemical and process industries. The Company also engineer, manufacture, procure, construct, and commission projects in those same industries, which involves turnkey responsibility, including all civil works required.

BGR Energy is a good play in mid-cap space. Its currently trading at a P/E of less than 8 with good dividend yields of over 2%. Manageable liabilities. Revenues have grown from 775 Crores to 4760 Crores in the last 5 years. Profits have grown more from 39 Crores to 324 Crores in the same period. NPM has risen from 5% to close to 7% in the last years. Considering recession lows of 120 and profit growth of almost 3 times since then, current levels are good to buy for long term gains.