CMP: 158

Plastiblends India Limited manufactures various types of master batches, compounds, blends and alloys for the plastics industry. The Company's continuous R&D has resulted in introduction of new generation products like biodegradable masterbatches, conductive compounds, optical brighteners, antistatic agents and UV stabilizers.

Plastiblends is a 103 Crore penny cap stock. Its currently trading at a P/E of less than 5 with amazing dividend yields of close to 5% in the last 12 months. Manageable liabilities. Revenues have grown steadily from 124 Crores to 277 Crores in the last 5 years. Profits have risen from 12 Crores to close to 19 Crores in the same period. FY12 is on its way on growth progress. NPM has dropped from 10% to 8% over 5 years. Buy and hold for long term gains.