High ROE & high ROCE stock: This micro-cap company receives an order worth Rs 265 lakh!

The net sales increased by 173.22 per cent and net profit increased by 125 per cent in FY22 over FY21.

EP Biocomposites Limited informed that the company has received an order for the design, drawings, construction and installation of 2 Nos. of 1 MLD each sewage treatment plants based on vertical flow constructed wetlands design from Hubballi-Dharwad Smart City Project for their green mobility corridor at Hubballi. The order value is approximately Rs 265 lakh.

EP Biocomposites Limited manufactures environment-friendly architectural products. The company offers bio-digester toilets, effluent treatment plants, FRP doors, and passive fire protection products. EP Biocomposites serves customers in India.

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According to the financial, the company reported positive numbers in its half-yearly results and annual results. The net sales increased by 173.22 per cent and net profit increased by 125 per cent in FY22 over FY21.

On Monday, shares of EP Biocomposites Limited plunged 10 per cent to Rs 186.75 per share with an intraday high of Rs 205 and an intraday low of Rs 186.75. The stock has a ROE of 67.80 per cent and a ROCE of 41.50 per cent. Investors should keep an eye on this stock.