Net Profits, a popular metric followed in the finance sector, has the eyes of each and every brokerage house, investment advisor, and many other organizations since the Net Profit figure represents a lot about the company’s future outlook and the capabilities to perform.
Listed below are three Auto Ancillary stocks under the ‘small-cap’ category having a Net Profit Margin of up to 90 percent:
Gandhi Special Tubes Limited
With a market capitalization of Rs 820 Crores, the stocks of Gandhi Special Tubes Limited are currently trading at Rs 671. In the last six months, the company’s stock has gained around 34 percent from Rs 500 to the current price level.
Having a look at the financials reported by the company, the operating revenues as well as net profits rose in the recent period with the former moving up from Rs 136 crores during FY21-22 to Rs 167 crores during FY22-23, and, the latter taking a shift from Rs 38 crores to Rs 47 crores during the same period.
During FY22-23, the company recorded a healthy net profit margin of 28.26 percent.
IST Limited
With a market capitalization of Rs 780 crores, the stocks of IST Limited are currently trading at Rs 667. In the last six months, the company’s stock has gained around 45 percent from Rs 459 to the current price level.
Having a look at the financials reported by the company, the operating revenues, as well as net profits, have stayed at the same levels but took some marginal hit during the recent periods. The former moved down from Rs 125 crores during FY21-22 to Rs 121 crores during FY22-23, and, the latter slipped from Rs 95 crores to Rs 81 crores.
Despite the financial crunch faced recently, the company, during FY22-23, recorded a healthy net profit margin of 67.15 percent.
Maharashtra Scooters Limited
With a market capitalization of Rs 6,700 crores, the stocks of Maharashtra Scooters Limited are currently trading at Rs 5,875. In the last six months, the company’s stock has gained around 28 percent from Rs 4,595 to the current price level.
Having a look at the financials reported by the company, the operating revenues as well as net profits showed tremendous growth in the recent period with the former moving up from Rs 17 crores during FY21-22 to Rs 216 crores during FY22-23, and, the latter taking a shift from Rs 142 crores to Rs 195 crores during the same period.
During FY22-23, the company, mitigating the abnormal movements in the ratios, recorded a healthy net profit margin of 90.26 percent.
Written by Amit Madnani
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