1,200 per cent returns: This multibagger small-cap company is set to trade ex-bonus issue tomorrow; do you own it?

The stock gave multibagger returns of 120 per cent in just 1 year whereas BSE Small-cap Index is just up by 30 per cent.

Aptech Ltd informed that the Board of Directors of the company has approved bonus shares in the ratio of 2:5 i.e., 2 bonus equity shares of Rs 10 each for every 5 fully paid-up equity shares of Rs 10 each held by the members of the company on the record date. The company has confirmed that the record date for bonus shares is Friday, July 14, 2023. This means that the shares will trade ex-bonus tomorrow, July 14, 2023.

On Thursday, shares of Aptech Ltd zoomed 1.22 per cent to Rs 484.55 per share from its previous closing of Rs 478.70 with an intraday high of Rs 497.10 and an intraday low of Rs 477.70. The shares of the company saw a spurt in volume by more than 3 times on BSE.

Aptech Ltd. provides computer training and multimedia services. The company owns as well as franchises IT training centres in India and abroad. Recently, the company announced an interim dividend of Rs 6 (60 per cent) per Equity Share (of the face value of Rs 10 each) which had a record date of June 01, 2023.

According to the financials, the company reported excellent numbers in its Quarterly Results and annual results. The net sales increased by 173.84 per cent to Rs 178 crore and the net profit increased by 26.92 per cent to Rs 33 crore in Q4FY23 over Q4FY22. In FY23, net sales increased by 103.11 per cent to Rs 457 crore and net profit increased by 38.77 per cent to Rs 68 over FY22. The stock has a ROE of 29 per cent and a ROCE of 34.80 per cent.

The stock gave multibagger returns of 120 per cent in just 1 year whereas BSE Small-Cap Index is just up by 30 per cent. The stock was listed on the BSE and NSE on September 27, 2002, and to date, it has given its investors an astonishing return of over 1,200 per cent. Aptech Ltd company’s stock should be kept under the watchlist.