Multibagger penny stock under Rs 10: Shares of this micro-cap company hit upper circuit on outstanding results!

The shares of the company saw a spurt in volume by more than 10.71 times on BSE.

Super Crop Safe Ltd, a leading manufacturer and trader of agrochemicals and pesticide formulations announced its quarter (Q4) and annual (FY23) results for the year ended March 31, 2023.

Here are key highlights:

Financial Highlights for the Q4FY23: 

Total Revenue stood at Rs 6.90 crore, up 241.58 per cent over Q4FY22. 

Operating Profit stood at Rs 1.45 crore in Q4FY23 compared to a net loss of Rs 2.04 crore in Q4FY22, up 171.07 per cent

Profit After Tax stood at Rs 0.81 crore in Q4FY23 compared to a net loss of Rs 2.86 crore in Q4FY22, up 128.32 per cent.  

The EPS for Q4FY23 is Rs 0.19.  

Financial Highlights for FY23:  

Total Revenue stood at Rs 22.54 crore, up 12.70 per cent over FY22.  

Operating Profit stood at Rs 3.26 crore in Q4FY23 compared to a net loss of Rs 4.49 crore in Q4FY22, up 173.76 per cent

Profit After Tax stood at Rs 1.01 crore in Q4FY23 compared to a net loss of Rs 6.46 crore in Q4FY22, up 115.63 per cent.  

The EPS for FY23 is Rs 0.25.

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On Wednesday, shares of Super Crop Safe Ltd zoomed 20 per cent upper circuit to Rs 6.09 per share from its previous closing of Rs 5.08. The shares of the company saw a spurt in volume by more than 10.71 times on BSE. The company had a market cap of Rs 24.49 crore.

Over the course of a decade, this stock has delivered multibagger returns of 116.73 per cent while reaching a 52-week high of Rs 7.98 and a 52-week low of Rs 4.55. Investors should keep an eye on this micro-cap stock.