Geojit BNP Paribas Financial Services

[rmani84]

CMP: 22

Geojit BNP Paribas Financial Services Ltd provides a range of financial services. The Company provides brokerage, portfolio management, insurance, commodities trading, and other products and services.

Geojit is a decent bet in small-cap space. Its currently trading at a P/E of 16 with dividend yields exceeding 3% in the last 12 months. It runs at Zero debt with 69 Crores cash in hand. Revenues have risen from 105 Crores to 234 Crores in the last 5 years. Profits have risen from 21 Crores to 49 Crores in the last 5 years. NPM has risen marginally to 21% over the last 5 years. Buy and hold for long term gains.

[Abhijit]

Thanks Mani, The overall performance of the company looks good but why this scrip is not moving at all. This is really a good one at this price

[rmani84]

Thanks Mani, The overall performance of the company looks good but why this scrip is not moving at all. This is really a good one at this price

Brokerage companies thrive on Volumes and it was great times till 2008 ... Volumes dipped a lot after that and its now slowly building ... The Volume rise is always a cycle ... The growth will be slow ... Don't expect major upside in this company ...