CMP: 77

Bharat Gears Limited manufactures automobile gears, gear boxes, forgings and continuous gas carburising furnaces. The Company manufactures gears and gear boxes for all kinds of automobiles including light commercial vehicles, medium commercial vehicles and trucks. The Company sells its products in India and abroad.

Bharat Gears is a 60 Crore penny cap stock, trading at a P/E of little over 3, with dividend yields of almost 2% in the last 12 months. It runs at a debt of 58 Crores with over 10 Crores of cash in hand. Debt to Profits ratio is less than 3 years and is fairly balanced. Revenues have risen steadily from 236 Crores to 430 Crores in the last 5 years. NPM has stayed same at 4% over the last 5 years. Buy and hold for long term gains.