CMP: 87

Shri Dinesh Mills Ltd. manufactures woolen and worsted goods, felt cloth, basic chemicals, electroplating salts and chemicals, brighteners and additives, electroplating equipment, plant and machinery, seal-less magnetic pumps, buffing and polishing compositions and polishing wheels.

Shri Dinesh Mills is a 46 Crore penny cap stock. Its currently trading at a P/E of little less than 5 with strong dividend yields of well above 2% in the last 12 months. It runs at a debt of 32 Crores with 17 Crores cash in hand. Revenues have been pretty much static and grown a little between 72 Crores to 83 Crores in the last 5 years. Profits have fluctuated around 8 Crores in the last 5 years. NPM has been around 10% in the last 5 years. Last 2 quarters have been little above par than the last 5 years. Its not a great growth story. Buy and book profits at peaks.