High ROE & ROCE multibagger stock: Shares of this micro-cap company jumped 15 per cent after the announcement of results!
The stock has a ROE of 26 per cent and a ROCE of 32 per cent.
On Friday, one of the Top Gainers on BSE, shares of Prevest Denpro Ltd soared 15 per cent to the day’s high of Rs 410.45 per share. At, the closing bell, shares ended the day in green, up 12.90 per cent to Rs 403 per share.
The shares of the company have seen heavy buying since the pre-opening session because the company declared its Quarterly Results and annual results. Details below:
Financial Highlights for the Q4FY23
- Total Revenue of Rs 14.10 crore, up 39 per cent over Q4FY22
- EBITDA of Rs 5.58 crore, up 60 per cent over Q4FY22
- Profit After Tax of Rs 5.10 crore, up 107 per cent over Q4FY22
- EPS of Rs 4.26 per share, which doubled compared to Q4FY22.
Financial Highlights for FY23:
- Total Revenue of Rs 51.88 crore, up 30 per cent over FY22
- EBITDA of Rs 20.95 crore, up 30.55 per cent over FY22
- Profit After Tax of Rs 15.71 crore, up 36 per cent over FY22
- EPS of Rs 13.09 per share, up 35.80 per cent over FY22.
Prevest DenPro Limited is into the development and manufacturing of dental materials used for the diagnosis, prevention and treatment of dental conditions. The company is heavily export-oriented. The shares of the company saw a spurt in volume by more than 10.28 times on BSE.
This micro-cap company has a market cap of Rs 483.72 crore. The stock has a ROE of 26 per cent and a ROCE of 32 per cent. The stock gave multibagger returns of 117.75 per cent in just 3 years.
Investors should keep an eye on this stock.