CMP: 62

Jay Bharat Maruti Ltd. manufactures sheet metal components, assemblies and subassemblies primarily for "Maruti" cars. The Company also manufactures muffler components.

Jay Bharat Maruti is a 136 Crore penny cap stock. Dividend yields of over 3% and a P/E of less than 4 makes it a good buy. Liabilities are manageable. Revenues have been flowing solidly and growing from 691 Crores to 1060 Crores in the last 3 years. Profits have raced rapidly from 10 Crores to 38 Crores in the last 3 years aided by NPM growth. NPM has picked up from 1.40% to 3.60% in the last 3 years.