Low PE & high ROE multibagger penny stock under Rs 30: This micro-cap NBFC company reports a 700 per cent jump in net profit!

The stock gave multibagger returns of 635 per cent in 3 years and a whopping 1,250 per cent in 5 years.

Today, one of the Top Gainers on BSE, shares of UY Fincorp Ltd zoomed 7 per cent to an intraday high of Rs 29.50 per share from its previous closing of Rs 27.60 with a spurt in volume by more than 6 times on BSE.

The sudden rise in the stock price was due to the company announcing stellar Quarterly Results (Q4FY24) and annual results (FY24).

Quarterly Results Q4FY24 v/s Q4FY23

• Revenue of Rs 39.21 crore v/s Rs 14.03 crore [ up 179.5 per cent]
• EBITDA of Rs 3.20 crore v/s Rs 1.50 crore [up 113.3 per cent]
• PAT of Rs 4.71 crore v/s Rs 0.80 crore [up 488.8 per cent]

Annual Results FY24 v/s FY23

• Revenue of Rs 122 crore v/s Rs 57 crore [ up 114 per cent]
• EBITDA of Rs 9 crore v/s Rs 12 crore [ down 25 per cent]
• PAT of Rs 65 crore v/s Rs 8 crore [up 712.5 per cent]

Also Read: President of India-backed low PE & high ROE multibagger stock; Board likely to announce bonus shares!

U. Y. Fincorp Limited is a Kolkata-based RBI registered Non-Banking Financial Company (NBFC). The company has a market cap of over Rs 500 crore. The shares of the company have a PE of 8.3x and an ROE of 23 per cent. The stock gave multibagger returns of 635 per cent in 3 years and a whopping 1,250 per cent in 5 years. Investors should keep an eye on this micro-cap NBFC stock.

Disclaimer: The article is for informational purposes only and not investment advice.