Mirza International Ltd - Penny Stock Idea

CMP: 16

Mirza International Limited manufactures and distributes footwear and related apparel. The Company specializes in various styles of men's, women's, and children's shoes, including formal, casual, and classic ranges. Mirza International also offers a number of industrial and specialty shoes, including those used in refineries, heavy industry, and by the armed forces.

Mirza International is a 151 Crore penny cap stock. Its currently trading at a P/E of 4 with strong dividend yields of 3% in the last 12 months. Liabilities are high, but is compensated by the high growth. Revenues have risen steadily from 306 Crores to 475 Crores in the last 5 years. Profits have risen from 4 Crores to almost 40 Crores in the last 4 years. NPM has moved up smartly from 6% to 8% over the last 5 years. Buy and hold for long term gains.