September 21, 2024

smallcap stocks, this small-cap company delivered stellar returns in the last two years – this smallcap company delivered stellar returns in the last two years


Mumbai – Ganesh Benzoplast was established in 1974. The company is in the manufacturing and exporting business of Drug Intermediates, Pharmaceutical Intermediates, Bulk Drug Intermediates, Food Preservatives, Lubricants, API/Bulk Drugs etc. The company has two divisions – Liquid Storage Tank Division and Chemical Division. Products offered by the company include Food Preservatives, Petroleum Sulfonates, Lubricants, Lubricants and API/ Bulk Drugs.

The share price of the company rose from Rs 61.50 on January 6, 2021 to Rs 137.10 on January 6, 2023. The value increased by more than 120% in the last two years. This stock has given attractive returns in last 2 years. While the S&P BSE Smallcap Index, which includes the stock, has returned 55% in the last two years.

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On a consolidated basis, the company’s net revenue grew by 17.33% YoY in the most recent quarter to Rs. 95.80 Crores. Bottom line increased by 214% to 13.5 crores. The stock is currently trading at a TTM PE of 19.9 times. Whereas the related industry PE is 27.7 times. The company maintained ROE and ROCE of 13.1% and 16.4% respectively. The company is a constituent of Group B shares and has a market capitalization of Rs. 852.45 crores.

The company shares on Tuesday traded at Rs. 135.30 and traded at Rs. 137.90 and Rs. 135.30 was the high and low respectively. The stock’s last 52-week high and low on BSE are respectively Rs. 156 and Rs. is 81.10.
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