High ROE and High ROCE stock: Micro-Cap Stock announced stellar results with 140 per cent jump in PBT and 72 per cent jump in PAT!

The stock has a ROE of 57.60 per cent and a ROCE of 35 per cent.

MOS Utility Limited, which is a leading Indian financial technology (fintech), announced its half-yearly and annual results for the year ended March 31, 2023. Details below:  

According to the half-yearly results, the net sales increased by 16.89 per cent, EBITDA increased by 94.08 per cent, PBT increased by 121.56 per cent and PAT increased by 58.91 per cent in H2FY23 compared to H2FY22. The EPS for H2FY23 stood at Rs 1.94.

According to the annual results, the net sales increased by 35.60 per cent, EBITDA increased by 104.84 per cent, PBT increased by 140.85 per cent and PAT increased by 72.58 per cent in FY23 compared to FY22. The EPS for H2FY23 stood at Rs 2.96.

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MOS Utility Limited operates as a fintech and B2B e-commerce company. The company offers digital products and services in the B2C, B2B, and financial technology arena that enables users to start their own online e-commerce business. The stock has a ROE of 57.60 per cent and a ROCE of 35 per cent.

On Wednesday, shares of MOS Utility Ltd zoomed 1.35 per cent to an intraday high of Rs 108.90 per share from its previous closing of Rs 107.45 per share. At 03:30 pm, shares of the company ended the day lower, down 0.42 per cent to Rs 107 per share.

The stock was listed on NSE on April 21, 2023 and till date, the stock has returned 14.33 per cent. Investors should keep an eye on this micro-cap stock.