CMP: 36


Dai-Ichi Karkaria Limited develops textile additives, spin finishes, textile softeners, antistat agents and defoamers for acrylic fibres. They also develop bulk drugs and fine chemicals for a number of therapeutic areas, including cardiovascular, antihistaminics, analgesics, anxiolytic, antidepressant and anticonsulgants.

Dai-Ichi Karkaria is a 27 Crore penny cap stock in chemical space trading at a P/E of 6 with dividend yields of nearly 7% in the last 12 months. It runs at nearly Zero debt with 6 Crores cash in hand. Revenues have risen from 51 Crores to 80 Crores in the last 5 years. Profits have stayed around 4 Crores for the last 5 years. At current beaten down levels, its a decent buy for long term.