CMP: 19

Eastern Gases Ltd. sells liquefied petroleum gas (LPG). The Company provides LPG in cylinders primarily for commercial and industrial uses.

Eastern Gases is a 16 Crore penny cap stock trading at a P/E of 10. It runs at a debt of little over 11 Crores with 1 Crore cash in hand. That puts debt to profits ratio at 6 years, which makes it a risky play. Revenues have risen from 17 Crores to 136 Crores in the last 5 years. Profits have risen from 23 Lakhs to 1.47 Crores in the last 5 years. Profit margins have dipped marginally at around 1% over the last 5 years.