Micro-cap blockbuster results: Yearly EPS achieved in Q1FY24!
The company has delivered great returns of 98 per cent over the past year and stellar returns of 218 per cent over the past 3 years.
Pee Cee Cosma Sope Ltd is engaged in producing and marketing laundry soaps, detergent powder, and cakes under the brand Doctor Soap. With a wide distribution network encompassing over 500 distributors and 150,000 retailers, the company's reach extends across various states in India, including UP, Rajasthan, Gujarat, Bihar, Madhya Pradesh, Chhattisgarh, Jharkhand, Meghalaya, Assam, and parts of West Bengal and Orissa.
On August 8, 2023, Pee Cee Cosma Sope Ltd announced their stellar Q1FY24 results in which sales of the company surged by 10.7 per cent and stood at Rs 36.74 crore as compared to Q1FY23, while operating profit of the company grew significantly by 532 per cent to Rs 3.67 crore as against to Q1FY23. Similarly, net profit of the company jumped by whopping 1,925 per cent and stood at Rs 2.43 crore as against to Q1FY23.
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Furthermore, the company has been able to grow its sales by 19 per cent (CAGR) for the past 3 years and net profit had grown by 6 per cent (CAGR) for the same period. Additionally, it is important to note that in Q1FY24 the company achieved an EPS of Rs 9.20, which was close to the annual EPS of Rs 9.40 in FY23.
The company has delivered great returns of 98 per cent over the past year and stellar returns of 218 per cent over the past 3 years. Additionally, the company has a ROCE of 10.1 per cent and a ROE of 8.51 per cent.
On Wednesday, shares of the company surged by 2 per cent and reached its upper circuit limit of Rs 237.7.
Investors should keep a close eye on this trending stock.
Disclaimer: The article is for informational purposes only and not investment advice.