CMP: 171

International Combustion India Limited manufactures cable glands, dryers, electro-magnetic vibrators, helical and bevel helical gear boxes, vibrators, milling and grinding machinery, screening machinery and vibratory feeders.

International Combustion is a 41 Crore penny cap stock trading at a P/E of 4 with dividend yields of nearly 3% in the last 12 months. It runs at a debt of 8 Crores with 9 Crores cash in hand. Revenues have risen from 80 Crores to 107 Crores in the last 5 years. Profits have risen from 8 Crores to over 16 Crores in the last 5 years. Profit margins have surged from 10% to 16% over the last 5 years. Recent quarter profits have dipped. Buy and hold for long term gains.