CMP: 270

Cheviot Company Ltd. manufactures jute goods and HDPE goods.

Cheviot Company is a 121 Crore penny cap stock. Its currently trading at a P/E of 5 with strong dividend yields of well over 4% in the last 12 months. It runs at a debt of 15 Crores with cash in hand of 7 Crores. Revenues have risen steadily from 157 Crores to 308 Crores in the last 5 years. Profits have fluctuated and risen from 23 Crores to 29 Crores in the last 5 years. NPM has dipped to below 10% over 5 years. Its not a long term growth pick. Buy and book profits at higher levels.