Caplin Point Laboratories - Penny Stock Idea

CMP: 23

Caplin Point Laboratories, Ltd. manufactures wide range of ointments, creams and other external application preparations in addition to the regular segments of pharmaceutical formulations.

Caplin Point Labs is a 34 Crore penny cap stock. Its currently trading at a P/E of 6 with exceedingly good dividend yields of well over 4% in the last 12 months. Company has debt of 10 Crores and debt to FY11 profits ratio is less than 2 which is well under control. Revenues have risen steadily from 43 Crores to 84 Crores in the last 5 years. Company has recovered from losses in FY08 and grown in profits steadily to less than 7 Crores in FY11. FY11 NPM has picked up-to almost 8%. Buy and hold for long term gains.

has done well in the last 2 years and looks good for more ...

Best to buy pharma picks in small cap space for those looking for multi-baggers

Hi Mani,

I was surprised when I see the share price of Caplin Point Laborotaries.It was now 173/- , it bacame a multi bagger from 23/- to 173/-, very good research and it really worked within 3 years.good bet