CMP: 75

Srinivasa Hatcheries Ltd is engaged in the production of One Day Old Commercial Layer and Broiler chicks.

Srinivasa Hatcheries is a 72 Crore penny cap stock. Its currently trading at a P/E of 5 with strong dividend yields of well over 3% in the last 12 months. The company runs at a debt of close to 11 Crores with nearly 4 Crores cash in hand. Revenues have risen steadily from 64 Crores to 144 Crores in the last 5 years. Profits have risen from less than 2 Crores to nearly 20 Crores over the last 5 years. NPM has risen strongly from less than 3% to almost 14% over 5 years. Recent quarter profits have dipped causing stock price to fall. Buy and hold for long term gains.