The net sales increased by 6 per cent to Rs 15.65 crore and the net profit increased by 137 per cent to Rs 1.09 crore in H2FY23 compared to H2FY22. The net sales increased by 28 per cent to Rs 31.19 crore and the net profit increased by 1040 per cent to Rs 1.14 crore in FY23 compared to FY22.

The net sales increased by 6 per cent to Rs 15.65 crore and the net profit increased by 137 per cent to Rs 1.09 crore in Q4FY23 compared to Q4FY22. The net sales increased by 28 per cent to Rs 31.19 crore and the net profit increased by 1040 per cent to Rs 1.14 crore in FY23 compared to FY22.

The company does manufacturing and trading of various types of Specialty Chemicals viz, water-based adhesives and solvent-based adhesives. The company has a market cap of Rs 58 crore with a 5-year CAGR of 39 per cent. The company reported excellent numbers in its quarterly results and annual results.

Why are we saying so? Because we have prepared a list of companies that are likely to consider the issue of bonus shares