Upcoming small-cap stock splits: Key dates and insights you need to know!

Several unique small-cap companies are gearing up for stock splits, aiming to enhance share affordability and liquidity for investors.

Recently, several unique Small-Cap companies announced stock splits to boost liquidity and make shares more affordable for retail investors. Here’s a look at these companies, their performance, and their upcoming ex-dates.

1. JTL Industries Ltd

• Overview: JTL Industries, a leading player in steel tubes and pipes manufacturing, serves various sectors across India. Their strong manufacturing base has allowed them to secure a stable market position.
• Financials: In Q2 FY25, JTL’s revenue saw a slight dip, reaching Rs 480 crore from Rs 502 crore in the previous year, reflecting a 4.49 per cent decrease year-on-year (YoY). Profit after tax (PAT) stood at Rs 26 crore, down from Rs 28 crore YoY.
• Stock Split: Face value split from Rs 2 to Rs 1.
• Ex-Date: November 14, 2024.
• Monthly Return and Market Cap: Despite a challenging month, the stock posted a 13.80 per cent decline in market value, with a current market cap of Rs 3,838 crore. Though the stock is relatively expensive with a price-to-earnings (PE) ratio of 33, it remains an interesting prospect for long-term investors.

2. Wonder Electricals Ltd

• Overview: Established in 2014, Wonder Electricals (Wonder Fibromats Ltd) specializes in manufacturing ceiling, exhaust, pedestal, and brushless DC (BLDC) fans, catering to the domestic appliance sector.
• Financials: In Q1 FY25, Wonder Electricals nearly doubled its revenue, hitting Rs 231 crore from Rs 117 crore YoY, reflecting a massive 98 per cent growth. PAT also showed positive growth, reaching Rs 1.78 crore.
• Stock Split: Face value split from Rs 10 to Rs 1.
• Ex-Date: November 12, 2024.
• Monthly Return and Market Cap: Over the last month, the stock appreciated by 13.45 per cent, reaching a market cap of Rs 2,061 crore. Despite trading at a higher PE of 184 (against the industry average of 72.4), its significant growth makes it a stock to watch.

3. Roto Pumps Ltd

• Overview: Known for its specialization in progressive cavity pumps, Roto Pumps has a diverse customer base spanning sectors such as wastewater, oil & gas, chemicals, and food & beverages. The company has a strong export presence, serving over 50 countries.
• Financials: Roto Pumps saw a modest revenue increase of 5.73 per cent in Q1 FY25, reaching Rs 57 crore. However, PAT declined to Rs 5.62 crore from Rs 7.53 crore YoY.
• Stock Split: Face value split from Rs 2 to Rs 1.
• Ex-Date: November 8, 2024.
• Monthly Return and Market Cap: The company recorded a minor monthly return of 0.57 per cent, with a market cap of Rs 1,745 crore. The stock’s PE ratio is at 47, somewhat higher than the industry PE of 43.

4. Systematix Corporate Services Ltd

• Overview: Established in 1985, Systematix Corporate provides investment management and advisory services to a diverse group of clients, including FIIs and insurance companies.
• Financials: In Q1 FY25, Systematix saw impressive revenue growth of 66 per cent, reaching Rs 29 crore. However, PAT declined to Rs 1.74 crore from Rs 4.43 crore YoY.
• Stock Split: Face value split from Rs 10 to Rs 1.
• Ex-Date: November 5, 2024.
• Monthly Return and Market Cap: The stock gained 3.84 per cent in the last month, with a market cap of Rs 2,207 crore. Its PE ratio of 43 is higher than the industry PE of 23, indicating premium pricing.

5. Premier Polyfilm Ltd

• Overview: Founded in 1992, Premier Polyfilm is known for its range of vinyl flooring, PVC sheeting, and artificial leather cloth, serving both industrial and consumer markets.
• Financials: In Q2 FY25, the company reported revenue growth of 4.83 per cent, reaching Rs 70 crore. PAT showed a significant increase, rising to Rs 7.86 crore.
• Stock Split: Face value split from Rs 5 to Rs 1.
• Ex-Date: November 5, 2024.
• Monthly Return and Market Cap: The company recorded a robust 30.63 per cent return in the past month, and its market cap currently stands at Rs 651 crore. Its PE ratio of 26 is slightly below the industry PE of 30, making it relatively affordable in comparison.