CMP: 100


Narmada Gelatines Limited produces and sells Gelatine, Dicalcium Phosphate, Ossein and Bone Meal.

Narmada Gelatines is a 40 Crore penny cap stock. Its fundamentally very strong with minimal liabilities. Revenues have been solidly growing from 50 Crores to 84 Crores in the last 5 years. NPM has grown rapidly from 2% to 10% in the last 5 years which has pushed profits from less than 1 Crore to over 8 Crores in the last 5 years. Thats an impressive 8 fold in the last 5 years. Its currently trading at a P/E of less than 5 which makes it a value buy. Dividends have been consistent with impressive yields of 3% in the last 12 months. Buy, Accumulate on dips and hold long.