Those who are just starting in the financial game or want to diversify their holdings without putting a ton of money down may find investing in inexpensive stocks appealing. Due to their significant return potential, stocks priced under ₹ 10 typically get attention but also carry inherent dangers. Explore the top cheap stocks today, find out how they may perform, and learn about the pros and drawbacks of investing in them in this blog.
Investors are taking notice of a handful of companies priced below ₹ 10 right now because of their promising future development and strategic placement in the market. If you are looking for some exciting companies to invest in, here are 10 to consider:
Brightcom Group: Despite its high volatility and current price of ₹9.95, Brightcom Group is still well-liked by investors because of its cheap P/E ratio of 2.29. As a result, it is an exciting alternative for risk takers and may be undervalued.
GVK Power Infra: At a current price of ₹6.34, GVK Power Infra suggests that it could be overpriced due to its high P/E ratio of 992. Nevertheless, its position in the energy industry may offer future development potential.
Sarveshwar Foods: Sarveshwar Foods is a food processing company with a steady business plan that should provide consistent results. It is priced at ₹9.36 and has a reasonable P/E ratio of 18.25.
Nandan Denim: Currently, Nandan Denim is worth ₹6.09, and its price to earnings ratio is 18.25. Nandan Denim is well positioned for future expansion because of its significant market presence in the denim sector.
Vikas Lifecare: Despite valuation problems, the company works in a specialized sector that might provide considerable long term gains, as seen by its current price of ₹4.78 and high P/E ratio of 224.
Sakuma Exports: Sakuma Exports is an export company that should benefit from worldwide market trends. It trades at ₹5.09 with a P/E ratio of 19.41.
Filatex Fashions: Investors face increased risks with Filatex Fashions due to its financial health, but the company offers a very inexpensive starting point at ₹0.85 per share with a P/E ratio of 72.38.
Davangere Sugar: With a price to earnings ratio of 53.09 and a market capitalization of ₹6.82, Davangere Sugar is a player in the sugar business that might see growth opportunities depending on market demand.
FCS Software: FCS Software stock indicates speculative interest and possible hazards, as it is now priced at ₹3.60 and has a high P/E ratio of 77.79.
Remedium Life: The healthcare company Remedium Life, which is now trading at ₹8.65 and has a P/E ratio of 15.01, stands to gain from the growing demand for goods and services connected to health.
Stock Analysis
1. Brightcom Group
Current Price: ₹9.95
Market Cap: ₹2,007.83 Cr
P/E Ratio: 2.29
Digital advertising giant Brightcom Group has been growing via smart acquisitions and technology. Its low P/E ratio means it may be inexpensive relative to rivals, making it appealing to growth investors.
Is the Stock Good to Buy? Yes, especially for those looking for undervalued assets with growth prospects.
Share Price Target: Analysts suggest a target of around ₹12 ₹15 in the next 12 months, depending on market conditions and company performance.
Expert Forecast: Brightcom could see substantial price appreciation if it continues to innovate and capture more market share in digital advertising.
Quarterly Price
Financial Year
Close Price
% Return
Q1
Q2
Q3
Q4
FY-2012
47.4
–
–
32.9 %
89.0 %
-24.6 %
FY-2013
12.8
-72.9 %
-100.0 %
–
-13.5 %
-60.0 %
FY-2014
7.3
-43.2 %
-69.9 %
-60.2 %
138.9 %
98.0 %
FY-2015
13.8
88.6 %
31.7 %
224.5 %
-32.0 %
-35.0 %
FY-2016
9.0
-34.2 %
15.2 %
-16.7 %
10.2 %
-37.8 %
FY-2017
3.7
-59.1 %
-18.8 %
-47.3 %
0.7 %
-5.2 %
FY-2018
2.2
-39.8 %
-3.6 %
-18.7 %
-7.1 %
-17.3 %
FY-2019
1.5
-32.3 %
-10.3 %
-24.5 %
-14.6 %
17.2 %
FY-2020
1.5
-1.3 %
37.3 %
-24.6 %
106.2 %
-53.7 %
FY-2021
4.0
166.5 %
188.1 %
-38.3 %
55.2 %
-3.4 %
FY-2022
97.4
2356.6 %
175.3 %
221.6 %
206.1 %
-9.3 %
FY-2023
14.6
-85.0 %
-67.5 %
6.6 %
-12.9 %
-50.2 %
FY-2024
13.8
-5.9 %
115.2 %
-39.9 %
2.1 %
-28.7 %
FY-2025
9.0
-34.7 %
-100.0 %
–
-9.6 %
–
Peer Comparison
#
Company
CMP
M Cap
52W High
52W Low
PE
PB
ROCE Last Yr
ROE Last Yr
PAT TTM
Div Yield
1
Tata Consultancy Services Ltd.
4112.0
1487758
4585.9
3313.0
31.4
16.5
69.5
51.0
47659
1.9
2
Infosys Ltd.
1953.4
811101
1976.9
1352.0
30.4
9.3
44.6
32.5
26677
3.1
3
HCL Technologies Ltd.
1858.0
504185
1864.0
1215.7
30.0
7.5
31.1
23.7
16842
3.4
4
Wipro Ltd.
535.5
280144
580.0
375.0
25.0
3.8
17.6
14.7
11291
0.2
5
LTIMindtree Ltd.
6452.8
191122
6575.0
4518.4
41.8
9.7
34.1
25.6
4567
1.3
6
Tech Mahindra Ltd.
1668.8
163267
1697.2
1089.0
58.5
5.6
12.0
8.9
2553
3.2
7
Oracle Financial Services Software Ltd.
11791.8
102287
12619.0
3870.0
43.8
13.2
39.8
29.5
2335
2.7
8
Persistent Systems Ltd.
5609.2
86410
5635.0
2814.4
73.7
18.3
31.3
25.9
1171
0.7
9
Mindtree Ltd.
3433.4
56613
0.0
0.0
29.9
10.4
46.2
33.9
1891
0.9
10
L&T Technology Services Ltd.
5257.9
55648
5990.0
4107.2
42.6
10.7
38.0
27.3
1308
0.9
Brightcom Group Quarterly Results
#(Fig in Cr.)
Sep 2021
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Net Sales
1104
2021
1240
1481
1683
2865
1368
1690
1814
453
Other Income
0
-0
-1
-3
0
0
1
0
0
0
Total Income
1104
2021
1239
1477
1683
2865
1369
1690
1814
453
Total Expenditure
754
1452
857
1025
1176
2051
977
1172
1264
413
Operating Profit
349
569
382
453
507
814
392
518
550
40
Interest
0
0
0
0
0
0
0
0
0
0
Depreciation
60
63
66
66
62
68
69
72
67
71
Exceptional Income / Expenses
0
0
0
0
0
0
0
0
0
0
Profit Before Tax
290
506
317
387
445
746
323
446
483
-30
Provision for Tax
77
134
93
109
124
202
93
124
131
-6
Profit After Tax
212
371
223
277
321
544
229
321
352
-24
Adjustments
0
-0
0
0
0
0
0
-0
0
0
Profit After Adjustments
212
371
223
277
321
544
229
321
352
-24
Adjusted Earnings Per Share
1.2
2.1
1.1
1.4
1.6
2.7
1.1
1.6
1.7
-0.1
Brightcom Group Profit & Loss
#(Fig in Cr.)
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Net Sales
1263
1601
1673
1957
2256
2451
2421
2580
2692
2856
5020
Other Income
34
14
3
14
0
1
1
5
14
21
2
Total Income
1298
1615
1677
1971
2256
2452
2422
2585
2706
2877
5021
Total Expenditure
1025
1494
1308
1385
1582
1722
1708
1828
1903
1991
3516
Operating Profit
272
121
369
586
674
730
713
757
803
886
1505
Interest
28
35
27
23
16
15
15
13
6
0
0
Depreciation
17
26
69
41
64
96
108
135
180
226
246
Exceptional Income / Expenses
0
0
0
0
0
0
0
0
0
0
0
Profit Before Tax
228
60
273
522
594
619
590
609
617
660
1258
Provision for Tax
36
9
52
180
195
190
183
165
177
177
346
Profit After Tax
192
51
221
342
400
429
407
444
440
483
912
Adjustments
0
0
0
0
-1
-1
0
-265
-617
0
0
Profit After Adjustments
192
51
221
342
399
429
407
179
-177
483
912
Adjusted Earnings Per Share
1.9
0.5
2.2
3.4
4
4.3
4.1
1.8
-1.8
4.6
4.5
Growth Rates
#
1 Year
3 Year
5 Year
10 Year
Sales CAGR
76%
25%
15%
15%
Operating Profit CAGR
70%
26%
16%
19%
PAT CAGR
89%
27%
16%
17%
#
1 Year
3 Year
5 Year
10 Year
Share Price CAGR
-49%
-43%
45%
-10%
ROE Average
21%
17%
17%
19%
ROCE Average
29%
24%
23%
25%
Brightcom Group Balance Sheet
#(Fig in Cr.)
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Shareholder’s Funds
931
1038
1159
1530
2032
2409
2825
3004
2826
3260
5294
Minority’s Interest
0
0
0
0
0
0
0
0
0
0
0
Borrowings
61
52
41
6
0
0
0
0
0
0
0
Other Non-Current Liabilities
90
84
16
19
9
8
7
8
9
8
13
Total Current Liabilities
618
432
587
530
400
432
426
449
431
419
632
Total Liabilities
1699
1605
1803
2085
2441
2849
3258
3461
3266
3687
5939
Fixed Assets
307
284
274
258
483
567
542
524
695
719
850
Other Non-Current Assets
192
195
234
460
481
374
605
720
667
822
864
Total Current Assets
1200
1127
1295
1367
1477
1908
2111
2217
1904
2146
4226
Total Assets
1699
1605
1803
2085
2441
2849
3258
3461
3266
3687
5939
Brightcom Group Cash Flow
#(Fig in Cr.)
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Opening Cash & Cash Equivalents
2
171
94
43
57
60
81
89
103
119
127
Cash Flow from Operating Activities
-146
-105
211
276
242
151
315
510
89
460
287
Cash Flow from Investing Activities
-304
-3
-60
-271
-293
-80
-313
-387
-272
-431
-217
Cash Flow from Financing Activities
619
31
-202
9
54
-51
7
-109
199
-22
548
Net Cash Inflow / Outflow
169
-76
-51
13
3
21
9
13
16
8
618
Closing Cash & Cash Equivalent
171
94
43
56
60
81
89
103
119
127
745
Brightcom Group Ratios
#
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Earnings Per Share (Rs)
1.93
0.51
2.23
3.45
4.02
4.32
4.1
1.8
-1.79
4.57
4.52
CEPS(Rs)
2.1
0.78
2.92
3.87
4.67
5.29
5.19
5.84
6.25
6.7
5.74
DPS(Rs)
0.2
0
0
0
0.1
0
0
0
0.05
0.05
0.3
Book NAV/Share(Rs)
9.02
10.46
11.68
15.42
20.48
24.28
28.47
30.27
28.49
30.82
26.24
Brightcom Group Shareholding Pattern
#
Dec 2021
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Promoter
22.4
18.47
18.47
18.47
18.47
18.47
18.44
18.38
18.38
18.38
FII
1.87
12.15
13.55
14.01
14.53
15.76
8.87
9.5
10.5
10.67
DII
0
0
0.07
0.06
0.09
0.11
0.11
0.14
0.2
0.18
Public
75.73
69.37
67.91
67.46
66.92
65.65
72.58
71.98
70.91
70.77
Others
0
0
0
0
0
0
0
0
0
0
Total
100
100
100
100
100
100
100
100
100
100
2. GVK Power Infra
Current Price: ₹6.34
Market Cap: N/A
P/E Ratio: 992
Energy company GVK Power Infra works on infrastructural projects throughout India. Its power-generating investments might lead to considerable growth, but its high P/E ratio raises worries about overvaluation.
Is the Stock Good to Buy? Caution is advised due to its high P/E ratio, but it may still be worth considering for long term investors.
Share Price Target: A conservative target of ₹8 ₹10 could be realistic if the company secures more contracts.
Expert Forecast: Analysts suggest that the successful completion of ongoing projects could enhance investor sentiment and drive higher stock prices.
Quarterly Price
Financial Year
Close Price
% Return
Q1
Q2
Q3
Q4
FY-2012
17.4
–
–
–
–
–
FY-2013
9.2
-47.4 %
-11.8 %
-4.9 %
-7.2 %
-32.5 %
FY-2014
11.1
20.8 %
-20.2 %
-14.4 %
51.2 %
16.9 %
FY-2015
9.6
-13.6 %
73.3 %
-47.0 %
-13.3 %
8.5 %
FY-2016
6.8
-28.8 %
-2.6 %
-16.7 %
4.5 %
-16.0 %
FY-2017
6.0
-12.5 %
-14.7 %
10.3 %
-15.6 %
10.2 %
FY-2018
14.1
137.0 %
44.5 %
36.0 %
59.4 %
-24.4 %
FY-2019
7.7
-45.7 %
-32.6 %
-18.4 %
0.0 %
-1.3 %
FY-2020
2.3
-70.6 %
-22.2 %
-31.1 %
-2.4 %
-43.8 %
FY-2021
2.9
28.9 %
42.2 %
6.3 %
-14.7 %
-100.0 %
FY-2023
2.1
–
–
–
-9.1 %
-31.2 %
FY-2024
9.8
372.9 %
30.9 %
362.4 %
-19.6 %
-2.8 %
FY-2025
5.7
-41.7 %
12.4 %
-39.5 %
-14.3 %
–
Peer Comparison
#
Company
CMP
M Cap
52W High
52W Low
PE
PB
ROCE Last Yr
ROE Last Yr
PAT TTM
Div Yield
1
NTPC Ltd.
426.1
413175
448.3
227.8
19.3
2.6
10.6
13.9
19384
2.3
2
Power Grid Corporation Of India Ltd.
328.6
305618
366.2
196.2
19.5
3.5
12.9
18.3
15973
4.1
3
Adani Green Energy Ltd.
1767.0
279899
2173.6
816.0
228.7
46.1
10.0
21.1
1147
0.0
4
Adani Power Ltd.
634.6
244781
896.8
289.3
15.3
5.7
32.3
57.0
15982
0.0
5
Tata Power Company Ltd.
463.9
148232
494.8
230.8
40.1
4.6
13.0
14.0
3211
0.5
6
JSW Energy Ltd.
694.0
121295
805.0
347.5
59.2
5.5
8.8
8.8
1950
0.4
7
Adani Energy Solutions Ltd.
977.8
117455
1347.9
686.9
788.6
8.6
9.5
9.8
-172
0.0
8
Torrent Power Ltd.
1950.6
93752
1983.7
692.0
41.0
7.8
15.6
16.4
2360
1.2
9
NHPC Ltd.
90.0
90435
118.4
48.5
25.0
2.3
8.4
10.6
3593
2.1
10
SJVN Ltd.
121.6
47786
170.4
63.4
47.9
3.4
5.3
6.5
1004
1.5
GVK Power & Infra Quarterly Results
#(Fig in Cr.)
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Net Sales
602
615
995
325
186
500
380
135
69
224
Other Income
21
6
18
18
18
15
16
20
24
17
Total Income
623
620
1012
343
204
516
396
155
92
241
Total Expenditure
392
293
322
108
80
47
32
37
38
46
Operating Profit
231
327
690
235
124
468
364
118
54
195
Interest
297
391
390
166
127
136
135
133
133
130
Depreciation
93
125
128
82
65
57
58
57
56
56
Exceptional Income / Expenses
282
-195
0
3437
0
0
0
0
0
0
Profit Before Tax
123
-384
172
3424
-67
275
171
-71
-135
9
Provision for Tax
26
16
18
21
17
-0
15
6
8
4
Profit After Tax
96
-400
154
3403
-84
276
156
-77
-143
5
Adjustments
-44
43
-165
-560
49
-157
-94
18
42
-16
Profit After Adjustments
53
-357
-11
2843
-36
119
62
-59
-101
-11
Adjusted Earnings Per Share
0.3
-2.3
-0.1
18
-0.2
0.8
0.4
-0.4
-0.6
-0.1
GVK Power & Infra Profit & Loss
#(Fig in Cr.)
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
TTM
Net Sales
2608
2821
3050
3207
3516
3863
4098
357
310
858
2120
808
Other Income
136
121
87
510
533
1004
283
72
22
30
59
77
Total Income
2744
2942
3136
3717
4049
4867
4381
429
332
889
2179
884
Total Expenditure
1924
1815
2232
2036
2360
2307
2393
992
226
566
802
153
Operating Profit
819
1127
904
1681
1689
2560
1988
-563
107
323
1377
731
Interest
746
965
1477
1651
1890
1643
1530
402
305
421
1074
531
Depreciation
351
438
706
549
669
725
792
60
52
136
400
227
Exceptional Income / Expenses
0
0
0
0
0
0
0
0
0
504
3242
0
Profit Before Tax
-278
-276
-1278
-518
-870
193
-307
-1024
-251
269
3143
-26
Provision for Tax
129
145
-109
80
57
162
-3
48
39
73
72
33
Profit After Tax
-407
-420
-1168
-598
-927
31
-304
-1072
-290
196
3071
-59
Adjustments
71
52
334
-48
-375
-593
-59
-421
-475
2449
-632
-50
Profit After Adjustments
-336
-369
-835
-647
-1302
-562
-363
-1493
-764
2645
2439
-109
Adjusted Earnings Per Share
-2.1
-2.3
-5.3
-4.1
-8.2
-3.6
-2.3
-9.5
-4.8
16.8
15.4
-0.7
Growth Rates
#
1 Year
3 Year
5 Year
10 Year
Sales CAGR
147%
81%
-11%
-2%
Operating Profit CAGR
326%
0%
-12%
5%
PAT CAGR
1467%
0%
151%
0%
#
1 Year
3 Year
5 Year
10 Year
Share Price CAGR
-36%
28%
13%
-5%
ROE Average
0%
0%
0%
-35%
ROCE Average
74%
32%
20%
12%
GVK Power & Infra Balance Sheet
#(Fig in Cr.)
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Shareholder’s Funds
3145
2778
1939
1001
-297
-841
-1203
-2697
-3460
-3840
-1151
Minority’s Interest
3319
3073
2305
1005
1406
1569
2448
2564
2391
762
1604
Borrowings
15181
19605
19361
12592
10512
10693
9442
7713
102
3511
3074
Other Non-Current Liabilities
644
1549
1515
2142
1918
2964
4881
4812
17
-24
-4
Total Current Liabilities
5597
5019
7732
5555
6969
5725
6160
8042
20898
11105
4039
Total Liabilities
27886
32024
32852
22295
20507
20110
21728
20434
19949
11514
7561
Fixed Assets
7315
11866
11484
14433
14048
13870
14301
12292
270
7209
3745
Other Non-Current Assets
17441
17222
18810
6207
4472
3680
4890
6027
2124
1306
1228
Total Current Assets
3130
2936
2558
1655
1988
2560
2537
2116
17555
2999
2588
Total Assets
27886
32024
32852
22295
20507
20110
21728
20434
19949
11514
7561
GVK Power & Infra Cash Flow
#(Fig in Cr.)
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Opening Cash & Cash Equivalents
795
1474
1376
1215
689
847
890
305
194
465
555
Cash Flow from Operating Activities
984
1233
1294
1643
1433
2483
1249
1652
1218
-4254
1620
Cash Flow from Investing Activities
-3218
-2895
-1105
-1490
897
-8
-782
-433
-111
15711
-102
Cash Flow from Financing Activities
2913
1562
-252
-569
-2172
-2431
-1052
-1330
-835
-11771
-1484
Net Cash Inflow / Outflow
680
-100
-63
-417
159
43
-585
-111
271
-314
35
Closing Cash & Cash Equivalent
1474
1376
1308
798
847
890
305
194
465
555
504
GVK Power & Infra Ratios
#
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Earnings Per Share (Rs)
-2.13
-2.33
-5.29
-4.1
-8.25
-3.56
-2.3
-9.46
-4.84
16.75
15.44
CEPS(Rs)
-0.35
0.11
-2.93
-0.31
-1.64
4.79
3.08
-6.41
-1.5
2.11
21.98
DPS(Rs)
0
0
0
0
0
0
0
0
0
0
0
Book NAV/Share(Rs)
19.92
17.59
12.28
6.34
-1.88
-5.33
-7.62
-17.08
-21.91
-24.31
-7.29
GVK Power & Infra Shareholding Pattern
#
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Promoter
54.25
54.25
54.25
54.25
54.25
54.25
54.25
54.25
54.25
54.25
FII
0.27
0.27
0.28
0.28
0.3
0.3
0.36
0.52
0.85
0.85
DII
0.43
0.43
0.52
0.52
0.48
0.48
0.48
0.48
0.48
0.48
Public
45.05
45.05
44.95
44.95
44.97
44.96
44.9
44.75
44.41
44.42
Others
0
0
0
0
0
0
0
0
0
0
Total
100
100
100
100
100
100
100
100
100
100
3. Sarveshwar Foods
Current Price: ₹9.36
Market Cap: N/A
P/E Ratio: 18.25
Sarveshwar Foods, a food processor, has survived economic downturns by producing necessary items. Quality and innovation position the organization for growth.
Is the Stock Good to Buy? Yes, especially given its strong market presence and potential for growth.
Share Price Target: Based on industry trends, a target of ₹8 ₹10 is feasible within the next year.
Expert Forecast: Analysts believe that with rising fashion trends favoring denim, Nandan Denim could see a surge in sales and profitability.
Quarterly Price
Financial Year
Close Price
% Return
Q1
Q2
Q3
Q4
FY-2012
0.7
–
–
-6.8 %
-30.5 %
37.8 %
FY-2013
0.8
12.0 %
5.0 %
21.3 %
1.1 %
-13.0 %
FY-2014
1.2
45.8 %
17.6 %
0.3 %
-2.5 %
26.8 %
FY-2015
2.1
69.1 %
9.9 %
4.4 %
67.0 %
-11.7 %
FY-2016
3.9
90.1 %
68.4 %
24.6 %
15.3 %
-21.4 %
FY-2017
4.0
2.3 %
22.0 %
-7.3 %
-15.8 %
7.3 %
FY-2018
4.1
1.8 %
10.8 %
6.7 %
15.0 %
-25.1 %
FY-2019
1.8
-56.3 %
-34.8 %
-10.9 %
-11.6 %
-15.0 %
FY-2020
0.5
-71.1 %
-25.4 %
-9.9 %
-15.9 %
-48.8 %
FY-2021
1.0
100.3 %
35.4 %
-2.4 %
31.2 %
15.5 %
FY-2022
6.3
507.8 %
58.0 %
40.8 %
74.1 %
56.8 %
FY-2023
1.6
-75.1 %
-50.8 %
-3.3 %
-13.1 %
-39.8 %
FY-2024
3.2
106.9 %
27.6 %
25.4 %
7.9 %
20.0 %
FY-2025
5.8
79.7 %
48.8 %
36.4 %
-11.5 %
–
Peer Comparison
#
Company
CMP
M Cap
52W High
52W Low
PE
PB
ROCE Last Yr
ROE Last Yr
PAT TTM
Div Yield
1
Page Industries Ltd.
45984.6
51291
46000.0
33100.0
89.0
32.1
49.8
38.4
576
1.1
2
K.P.R. Mill Ltd.
943.0
32233
1053.5
700.0
40.0
7.4
21.1
20.0
806
0.6
3
Vedant Fashions Ltd.
1318.0
32015
1481.4
886.0
83.2
20.1
39.5
27.7
385
0.9
4
Swan Energy Ltd.
556.2
17436
782.6
295.4
43.3
2.8
9.8
13.7
709
0.0
5
Welspun Living Ltd.
162.6
15591
213.1
120.6
22.4
3.5
16.6
15.7
696
0.1
6
Vardhman Textiles Ltd.
462.2
13364
592.2
338.7
18.0
1.4
8.9
7.2
693
0.9
7
Raymond Lifestyle Ltd.
2157.6
13145
3100.0
2081.0
0.0
1.4
15.6
11.7
0
0.0
8
Alok Industries Ltd.
24.1
11971
39.2
16.1
-13.1
-0.6
-4.4
0.0
-914
0.0
9
Arvind Ltd.
363.7
9519
421.0
163.8
30.7
2.7
13.6
10.2
326
1.8
10
Garware Technical Fibres Ltd.
4021.2
7983
4319.0
3028.7
38.4
6.6
23.1
18.5
212
0.1
Nandan Denim Quarterly Results
#(Fig in Cr.)
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Net Sales
721
780
528
262
457
554
414
462
579
722
Other Income
6
3
1
2
6
3
4
1
26
2
Total Income
728
783
528
264
463
558
418
464
605
724
Total Expenditure
689
742
505
262
434
534
388
430
540
689
Operating Profit
38
41
24
2
29
24
31
34
65
34
Interest
7
12
13
11
17
12
10
10
15
10
Depreciation
12
13
8
8
8
10
10
10
11
14
Exceptional Income / Expenses
0
0
0
0
0
0
0
0
0
0
Profit Before Tax
19
16
3
-18
3
2
11
13
39
11
Provision for Tax
4
6
3
-4
1
1
2
6
12
4
Profit After Tax
15
11
1
-13
3
2
8
8
27
7
Adjustments
0
0
0
-0
-0
0
0
0
0
-0
Profit After Adjustments
15
11
1
-13
3
2
8
8
27
7
Adjusted Earnings Per Share
0.1
0.1
0
-0.1
0
0
0.1
0.1
0.2
0.1
Nandan Denim Profit & Loss
#(Fig in Cr.)
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
TTM
Net Sales
894
1097
1157
1220
1589
1456
1524
1090
2176
2027
2010
2177
Other Income
4
12
4
21
15
13
24
24
19
12
35
33
Total Income
898
1108
1161
1242
1603
1469
1549
1114
2194
2038
2045
2211
Total Expenditure
761
940
966
1034
1364
1307
1425
1024
2015
1943
1892
2047
Operating Profit
137
168
195
208
239
162
123
89
179
96
153
164
Interest
32
38
41
36
58
27
43
42
42
53
47
45
Depreciation
50
60
66
86
121
104
88
78
45
37
41
45
Exceptional Income / Expenses
0
0
0
0
0
0
0
0
0
0
0
0
Profit Before Tax
55
71
88
85
61
31
-7
-31
92
5
65
74
Provision for Tax
16
20
25
13
14
10
-7
-13
24
5
20
24
Profit After Tax
39
51
63
73
46
21
-1
-19
68
1
45
50
Adjustments
0
0
0
0
0
0
0
0
0
0
0
0
Profit After Adjustments
39
51
63
73
46
21
-1
-19
68
1
45
50
Adjusted Earnings Per Share
0.3
0.4
0.5
0.5
0.3
0.1
-0
-0.1
0.5
0
0.3
0.5
Growth Rates
#
1 Year
3 Year
5 Year
10 Year
Sales CAGR
-1%
23%
7%
8%
Operating Profit CAGR
59%
20%
-1%
1%
PAT CAGR
4400%
0%
16%
1%
#
1 Year
3 Year
5 Year
10 Year
Share Price CAGR
141%
32%
41%
15%
ROE Average
8%
7%
4%
10%
ROCE Average
12%
10%
7%
10%
Nandan Denim Balance Sheet
#(Fig in Cr.)
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Shareholder’s Funds
217
259
338
438
474
491
490
471
539
540
585
Minority’s Interest
0
0
0
0
0
0
0
0
0
0
0
Borrowings
281
278
318
422
372
304
263
262
253
163
96
Other Non-Current Liabilities
22
50
23
21
20
22
94
9
18
39
66
Total Current Liabilities
307
307
392
473
479
542
445
442
649
544
453
Total Liabilities
826
894
1072
1354
1345
1360
1292
1185
1459
1286
1201
Fixed Assets
452
437
480
797
737
632
584
503
544
534
508
Other Non-Current Assets
16
61
109
18
5
23
86
18
26
32
30
Total Current Assets
357
396
483
538
604
704
622
664
889
720
663
Total Assets
826
894
1072
1354
1345
1360
1292
1185
1459
1286
1201
Nandan Denim Cash Flow
#(Fig in Cr.)
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Opening Cash & Cash Equivalents
2
6
19
17
17
18
3
16
17
29
3
Cash Flow from Operating Activities
88
133
147
169
66
79
155
35
101
141
230
Cash Flow from Investing Activities
-94
-94
-180
-286
-0
-26
-18
-24
-55
-21
-50
Cash Flow from Financing Activities
10
-26
32
116
-65
-68
-124
-9
-34
-145
-169
Net Cash Inflow / Outflow
4
13
-2
-0
1
-15
13
1
12
-25
12
Closing Cash & Cash Equivalent
6
19
17
17
18
3
16
17
29
3
15
Nandan Denim Ratios
#
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Earnings Per Share (Rs)
0.29
0.38
0.46
0.5
0.32
0.15
-0
-0.13
0.47
0
0.31
CEPS(Rs)
0.65
0.81
0.95
1.1
1.16
0.87
0.6
0.41
0.78
0.26
0.59
DPS(Rs)
0.04
0.05
0.05
0.05
0.03
0.02
0
0
0
0
0
Book NAV/Share(Rs)
1.58
1.89
2.29
3.04
3.29
3.4
3.4
3.27
3.74
3.75
4.06
Nandan Denim Shareholding Pattern
#
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Promoter
64.73
64.73
64.73
64.87
64.87
64.87
64.87
64.87
58.47
51.01
FII
0.88
0.47
0.52
0.79
0.56
0.35
0.35
0.48
0.6
0.58
DII
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.01
0.08
1.49
Public
34.38
34.79
34.74
34.33
34.56
34.77
34.77
34.64
40.85
46.92
Others
0
0
0
0
0
0
0
0
0
0
Total
100
100
100
100
100
100
100
100
100
100
5. Vikas Lifecare
Current Price: ₹4.78
Market Cap: ₹812 Cr
P/E Ratio: 224
Vikas Lifecare makes plastic items in a specialized market. Despite its high P/E ratio, the company product diversification should provide excellent long term gains.
Sakuma Exports specializes in textiles and has an international clientele. The company emphasis on quality and customer satisfaction positions it for development as foreign commerce recovers post pandemic.
Is the Stock Good to Buy? Yes, particularly for those interested in export oriented businesses.
Share Price Target: Analysts expect a target of around ₹7 ₹9 over the next year.
Expert Forecast: Experts believe that as global demand for textiles increases, Sakuma Exports will benefit significantly from its established client base.
Quarterly Price
Financial Year
Close Price
% Return
Q1
Q2
Q3
Q4
FY-2012
0.3
–
–
-12.8 %
-5.8 %
2.9 %
FY-2013
0.3
8.7 %
22.2 %
-4.2 %
-12.5 %
6.1 %
FY-2014
0.3
24.2 %
13.9 %
-2.7 %
8.8 %
3.0 %
FY-2015
0.4
17.6 %
55.3 %
-8.1 %
-16.5 %
-1.2 %
FY-2016
1.3
219.7 %
51.2 %
13.2 %
168.5 %
-30.5 %
FY-2017
1.3
1.3 %
11.7 %
-9.7 %
-4.7 %
5.3 %
FY-2018
2.8
118.4 %
16.4 %
99.7 %
9.1 %
-13.9 %
FY-2019
5.5
94.5 %
17.9 %
31.5 %
51.3 %
-17.0 %
FY-2020
0.7
-87.6 %
-36.9 %
-49.6 %
-23.7 %
-48.9 %
FY-2021
1.0
40.8 %
121.1 %
-20.7 %
32.8 %
-39.5 %
FY-2022
2.3
145.2 %
122.1 %
0.8 %
20.4 %
-9.0 %
FY-2023
2.0
-13.3 %
12.6 %
10.9 %
18.0 %
-41.2 %
FY-2024
5.0
146.6 %
31.5 %
37.1 %
-3.5 %
41.8 %
FY-2025
4.6
-8.8 %
41.1 %
-27.3 %
-11.1 %
–
Peer Comparison
#
Company
CMP
M Cap
52W High
52W Low
PE
PB
ROCE Last Yr
ROE Last Yr
PAT TTM
Div Yield
1
Adani Enterprises Ltd.
3112.7
354848
3743.0
2142.3
88.2
9.7
11.8
9.5
4227
0.0
2
Redington Ltd.
181.0
14146
237.3
136.2
11.6
1.9
23.6
17.1
1200
3.0
3
Honasa Consumer Ltd.
425.0
13805
546.5
256.1
82.6
12.9
18.3
0.0
126
0.0
4
MMTC Ltd.
83.5
12522
131.9
49.8
59.6
7.7
11.9
12.7
97
0.0
5
Lloyds Enterprises Ltd.
50.0
6361
51.8
27.3
55.0
3.8
15.3
13.1
177
0.4
6
Optiemus Infracom Ltd.
715.2
6141
873.6
218.4
103.2
14.4
17.3
14.0
57
0.0
7
Entero Healthcare Solutions Ltd.
1294.5
5630
1516.4
974.4
44.9
3.4
7.0
5.1
55
0.0
8
MSTC Ltd.
704.3
4958
1165.0
417.2
23.0
5.6
34.7
24.4
223
1.9
9
SG Mart Ltd.
427.4
4789
638.5
355.6
53.3
4.8
14.5
12.1
86
0.0
10
Jeena Sikho Lifecare Ltd.
1568.9
3900
1645.0
566.0
0.0
20.3
59.1
43.5
0
0.5
Sakuma Exports Quarterly Results
#(Fig in Cr.)
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Net Sales
1186
1026
330
811
1006
483
362
779
501
741
Other Income
5
1
2
2
3
4
3
0
9
1
Total Income
1190
1027
332
813
1009
487
364
779
511
742
Total Expenditure
1173
1014
327
801
993
479
359
769
481
733
Operating Profit
18
13
6
12
16
7
5
10
30
9
Interest
2
2
1
2
3
1
1
1
1
1
Depreciation
0
0
0
0
0
0
0
0
0
0
Exceptional Income / Expenses
0
0
0
0
0
0
0
0
0
0
Profit Before Tax
16
11
5
9
13
6
4
9
28
7
Provision for Tax
3
3
1
2
3
1
1
2
2
2
Profit After Tax
13
8
3
7
10
5
3
6
26
6
Adjustments
0
0
-0
0
0
0
0
-0
0
0
Profit After Adjustments
13
8
3
7
10
5
3
6
26
6
Adjusted Earnings Per Share
0.1
0.1
0
0.1
0.1
0
0
0.1
0.2
0
Sakuma Exports Profit & Loss
#(Fig in Cr.)
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
TTM
Net Sales
1579
1800
3133
3915
4546
4363
2546
1328
2853
3173
2125
2383
Other Income
3
11
6
12
11
7
10
5
7
7
16
13
Total Income
1582
1810
3139
3926
4557
4370
2556
1333
2860
3180
2141
2396
Total Expenditure
1554
1783
3090
3865
4480
4272
2528
1312
2821
3134
2089
2342
Operating Profit
28
27
50
61
76
98
28
21
40
46
52
54
Interest
6
3
12
16
17
9
2
5
4
7
4
4
Depreciation
1
1
1
1
0
1
1
2
2
1
1
0
Exceptional Income / Expenses
0
0
0
0
0
0
0
0
0
0
0
0
Profit Before Tax
21
24
37
45
59
88
24
14
34
38
47
48
Provision for Tax
3
4
5
8
10
19
6
3
6
10
7
7
Profit After Tax
18
20
32
36
49
70
18
11
27
28
40
41
Adjustments
-2
-1
0
0
0
0
-0
0
0
0
0
0
Profit After Adjustments
16
20
32
36
49
70
18
11
27
28
40
41
Adjusted Earnings Per Share
0.2
0.2
0.4
0.4
0.5
0.7
0.2
0.1
0.2
0.2
0.3
0.3
Growth Rates
#
1 Year
3 Year
5 Year
10 Year
Sales CAGR
-33%
17%
-13%
3%
Operating Profit CAGR
13%
35%
-12%
6%
PAT CAGR
43%
54%
-11%
8%
#
1 Year
3 Year
5 Year
10 Year
Share Price CAGR
33%
30%
24%
26%
ROE Average
9%
8%
7%
17%
ROCE Average
10%
10%
9%
16%
Sakuma Exports Balance Sheet
#(Fig in Cr.)
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Shareholder’s Funds
86
97
126
150
242
307
331
349
380
413
483
Minority’s Interest
1
1
1
0
0
0
0
0
0
0
0
Borrowings
0
0
0
0
0
0
3
2
2
1
0
Other Non-Current Liabilities
1
1
10
11
16
21
25
24
26
35
6
Total Current Liabilities
186
431
631
751
541
615
768
54
261
123
187
Total Liabilities
273
530
768
912
798
943
1127
430
669
571
676
Fixed Assets
4
3
3
3
2
2
7
5
5
3
1
Other Non-Current Assets
2
2
3
1
2
2
1
1
27
29
34
Total Current Assets
267
524
762
909
794
939
1119
424
638
539
641
Total Assets
273
530
768
912
798
943
1127
430
669
571
676
Sakuma Exports Cash Flow
#(Fig in Cr.)
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Opening Cash & Cash Equivalents
9
24
37
42
4
41
23
26
3
6
21
Cash Flow from Operating Activities
-68
-6
4
1
86
12
86
-77
-57
91
-85
Cash Flow from Investing Activities
1
2
2
5
1
2
-57
47
-15
1
12
Cash Flow from Financing Activities
82
18
-3
-17
-52
-32
-26
7
76
-77
77
Net Cash Inflow / Outflow
15
14
3
-11
36
-18
3
-22
3
15
4
Closing Cash & Cash Equivalent
24
37
41
31
41
23
26
3
6
21
25
Sakuma Exports Ratios
#
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Earnings Per Share (Rs)
0.2
0.24
0.39
0.44
0.46
0.65
0.17
0.09
0.23
0.24
0.34
CEPS(Rs)
0.23
0.25
0.39
0.45
0.46
0.66
0.18
0.11
0.25
0.25
0.35
DPS(Rs)
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.01
0.01
0.01
0.01
Book NAV/Share(Rs)
1.04
1.18
1.52
1.83
2.26
2.87
3.09
2.97
3.23
3.5
4.1
Sakuma Exports Shareholding Pattern
#
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Promoter
61.88
61.88
61.88
61.88
61.88
61.88
61.88
61.88
46.29
46.29
FII
0.16
0.05
0.17
0.18
0.03
0
0.03
0.2
0.62
0.13
DII
0
0
0
0
0
0
0
0
0
0
Public
37.96
38.07
37.96
37.95
38.09
38.12
38.09
37.92
53.09
53.58
Others
0
0
0
0
0
0
0
0
0
0
Total
100
100
100
100
100
100
100
100
100
100
7. Filatex Fashions
Current Price: ₹0.85
Market Cap: ₹641 Cr
P/E Ratio: 72.38
Investors can access the garment manufacturing company Filatex Fashions at a modest entry point. However, financial health and market changes pose larger risks.
Is the Stock Good to Buy? Only for highly risk tolerant investors who can afford potential losses.
Share Price Target: A speculative target of around ₹1 ₹1.50 could be possible if market sentiment improves.
Expert Forecast: Analysts caution that while there is a potential upside, investors should closely monitor Filatex financial health before committing capital due to its volatility.
Quarterly Price
Financial Year
Close Price
% Return
Q1
Q2
Q3
Q4
FY-2012
0.9
–
–
-10.3 %
-32.5 %
-1.8 %
FY-2013
1.0
15.2 %
14.1 %
33.1 %
-18.3 %
-7.2 %
FY-2014
0.7
-32.8 %
-38.8 %
13.3 %
-100.0 %
–
FY-2015
2.1
197.4 %
30.1 %
-8.2 %
-27.4 %
243.0 %
FY-2016
1.1
-48.9 %
30.7 %
3.9 %
-45.9 %
-30.4 %
FY-2017
0.8
-19.4 %
19.8 %
-6.0 %
-15.9 %
-14.9 %
FY-2018
0.5
-38.0 %
-15.1 %
-8.3 %
7.3 %
-25.7 %
FY-2019
0.7
34.2 %
-3.0 %
3.9 %
-25.7 %
79.2 %
FY-2020
0.5
-35.4 %
-100.0 %
–
109.2 %
-44.1 %
FY-2021
0.5
5.7 %
20.6 %
-5.5 %
-6.2 %
-1.2 %
FY-2022
1.2
144.4 %
47.3 %
-16.3 %
131.6 %
-14.4 %
FY-2023
2.8
139.9 %
33.1 %
56.4 %
52.9 %
-24.6 %
FY-2024
2.3
-20.2 %
-7.6 %
19.8 %
-14.1 %
-16.0 %
FY-2025
1.0
-57.0 %
-27.0 %
-41.1 %
0.0 %
–
Peer Comparison
#
Company
CMP
M Cap
52W High
52W Low
PE
PB
ROCE Last Yr
ROE Last Yr
PAT TTM
Div Yield
1
Page Industries Ltd.
45984.6
51291
46000.0
33100.0
89.0
32.1
49.8
38.4
576
1.1
2
K.P.R. Mill Ltd.
944.0
32267
1053.5
700.0
40.0
7.4
21.1
20.0
806
0.6
3
Vedant Fashions Ltd.
1316.8
31986
1481.4
886.0
83.1
20.1
39.5
27.7
385
0.9
4
Swan Energy Ltd.
557.2
17466
782.6
295.4
43.4
2.8
9.8
13.7
709
0.0
5
Welspun Living Ltd.
162.5
15586
213.1
120.6
22.4
3.5
16.6
15.7
696
0.1
6
Vardhman Textiles Ltd.
462.2
13364
592.2
338.7
18.0
1.4
8.9
7.2
693
0.9
7
Raymond Lifestyle Ltd.
2157.0
13141
3100.0
2081.0
0.0
1.4
15.6
11.7
0
0.0
8
Alok Industries Ltd.
24.1
11956
39.2
16.1
-13.1
-0.6
-4.4
0.0
-914
0.0
9
Arvind Ltd.
364.4
9536
421.0
163.8
30.7
2.7
13.6
10.2
326
1.8
10
Garware Technical Fibres Ltd.
4021.2
7983
4319.0
3028.7
38.4
6.6
23.1
18.5
212
0.1
Filatex Fashions Quarterly Results
#(Fig in Cr.)
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Net Sales
44
42
41
19
46
45
67
27
Other Income
0
0
4
0
0
0
3
0
Total Income
44
42
44
19
46
45
70
27
Total Expenditure
37
36
39
16
43
40
66
24
Operating Profit
7
6
6
3
3
5
4
3
Interest
0
0
0
0
0
0
0
0
Depreciation
0
0
0
0
0
0
0
0
Exceptional Income / Expenses
0
0
0
0
0
0
0
0
Profit Before Tax
6
5
5
2
3
4
3
2
Provision for Tax
2
1
2
1
1
1
0
1
Profit After Tax
5
4
4
2
2
3
3
2
Adjustments
0
0
-0
0
-0
0
-0
0
Profit After Adjustments
5
4
4
2
2
3
3
2
Adjusted Earnings Per Share
0.1
0.1
0.1
0
0
0
0
0
Filatex Fashions Profit & Loss
#(Fig in Cr.)
Mar 2023
Mar 2024
TTM
Net Sales
164
176
185
Other Income
4
3
3
Total Income
168
179
188
Total Expenditure
149
165
173
Operating Profit
19
14
15
Interest
1
2
0
Depreciation
0
1
0
Exceptional Income / Expenses
0
0
0
Profit Before Tax
17
12
12
Provision for Tax
5
3
3
Profit After Tax
12
9
10
Adjustments
-0
0
0
Profit After Adjustments
12
9
10
Adjusted Earnings Per Share
0.2
0
0
Growth Rates
#
1 Year
3 Year
5 Year
10 Year
Sales CAGR
7%
0%
0%
0%
Operating Profit CAGR
-26%
0%
0%
0%
PAT CAGR
-25%
0%
0%
0%
#
1 Year
3 Year
5 Year
10 Year
Share Price CAGR
-65%
3%
14%
4%
ROE Average
1%
8%
8%
8%
ROCE Average
1%
7%
7%
7%
Filatex Fashions Balance Sheet
#(Fig in Cr.)
Mar 2023
Mar 2024
Shareholder’s Funds
83
2302
Minority’s Interest
0
0
Borrowings
65
51
Other Non-Current Liabilities
-0
-0
Total Current Liabilities
86
87
Total Liabilities
234
2441
Fixed Assets
3
5
Other Non-Current Assets
46
2233
Total Current Assets
184
202
Total Assets
234
2441
Filatex Fashions Cash Flow
#(Fig in Cr.)
Mar 2023
Mar 2024
Opening Cash & Cash Equivalents
7
2
Cash Flow from Operating Activities
-11
10
Cash Flow from Investing Activities
1
-2195
Cash Flow from Financing Activities
5
2184
Net Cash Inflow / Outflow
-5
-2
Closing Cash & Cash Equivalent
2
1
Filatex Fashions Ratios
#
Mar 2023
Mar 2024
Earnings Per Share (Rs)
0.25
0.01
CEPS(Rs)
0.26
0.01
DPS(Rs)
0
0
Book NAV/Share(Rs)
1.71
2.76
Filatex Fashions Shareholding Pattern
#
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Promoter
1.54
1.54
1.57
1.57
1.57
1.57
24.81
24.81
24.82
24.82
FII
0
0
0.72
0.72
0.71
0.71
0
0
0
0.02
DII
0
0
0
0
0
0
0
0
0
0
Public
98.46
98.46
97.71
97.71
97.72
97.72
75.19
75.19
75.18
75.17
Others
0
0
0
0
0
0
0
0
0
0
Total
100
100
100
100
100
100
100
100
100
100
8. Davangere Sugar
Current Price: ₹6.82
Market Cap: ₹640 Cr
P/E Ratio: 53.09
Seasonality and government sugar production regulations affect Davangere Sugar business. Despite market volatility, the company operations are stable.
Is the Stock Good to Buy? Yes, especially for those looking at commodities that can benefit from seasonal demand spikes.
Share Price Target: A target of around ₹8 ₹9 is reasonable given current sugar prices and demand trends.
Expert Forecast: Experts suggest that favorable government policies supporting sugar prices could enhance Davangere Sugar profitability in the future.
9. FCS Software
Current Price: ₹3.60
Market Cap: ₹613 Cr
P/E Ratio: 77.79
FCS Software offers IT services and solutions, although its stock has fluctuated. Its high P/E ratio suggests speculative interest and operational hazards.
Is the Stock Good to Buy? Caution is advised; it is suitable for investors who understand the IT sector dynamics.
Share Price Target: A conservative target of around ₹4 ₹5 could be realistic based on upcoming projects or contracts secured by the company.
Expert Forecast: Analysts recommend closely monitoring FCS Software project pipeline; successful contract wins could lead to price appreciation over time.
Quarterly Price
Financial Year
Close Price
% Return
Q1
Q2
Q3
Q4
FY-2012
0.4
–
–
–
–
–
FY-2013
0.2
-50.0 %
0.0 %
-12.5 %
0.0 %
-42.9 %
FY-2014
0.4
75.0 %
25.0 %
-20.0 %
25.0 %
40.0 %
FY-2015
0.3
-14.3 %
42.9 %
-20.0 %
-37.5 %
20.0 %
FY-2016
0.3
0.0 %
-16.7 %
100.0 %
-10.0 %
-33.3 %
FY-2017
0.3
-16.7 %
16.7 %
-28.6 %
20.0 %
-16.7 %
FY-2018
0.4
60.0 %
-20.0 %
-100.0 %
–
–
FY-2019
0.3
-37.5 %
-37.5 %
-20.0 %
25.0 %
0.0 %
FY-2020
0.2
-40.0 %
0.0 %
-20.0 %
25.0 %
-40.0 %
FY-2021
0.7
333.3 %
400.0 %
-46.7 %
125.0 %
-27.8 %
FY-2022
3.9
506.2 %
184.6 %
-29.7 %
273.1 %
-18.8 %
FY-2023
2.0
-49.0 %
-24.6 %
-9.1 %
3.3 %
-28.0 %
FY-2024
3.7
82.1 %
6.5 %
20.1 %
60.3 %
-11.2 %
FY-2025
3.5
-5.7 %
9.3 %
-6.8 %
-7.5 %
–
Peer Comparison
#
Company
CMP
M Cap
52W High
52W Low
PE
PB
ROCE Last Yr
ROE Last Yr
PAT TTM
Div Yield
1
Tata Consultancy Services Ltd.
4108.0
1486310
4585.9
3313.0
31.3
16.5
69.5
51.0
47659
1.9
2
Infosys Ltd.
1953.2
810997
1976.9
1352.0
30.3
9.3
44.6
32.5
26677
3.1
3
HCL Technologies Ltd.
1859.2
504538
1864.0
1215.7
30.0
7.5
31.1
23.7
16842
3.4
4
Wipro Ltd.
536.6
280694
580.0
375.0
25.1
3.8
17.6
14.7
11291
0.2
5
LTIMindtree Ltd.
6468.8
191595
6575.0
4518.4
41.9
9.7
34.1
25.6
4567
1.3
6
Tech Mahindra Ltd.
1672.8
163653
1697.2
1089.0
58.7
5.6
12.0
8.9
2553
3.2
7
Oracle Financial Services Software Ltd.
11808.2
102429
12619.0
3870.0
43.8
13.2
39.8
29.5
2335
2.7
8
Persistent Systems Ltd.
5612.2
86456
5635.0
2814.4
73.8
18.3
31.3
25.9
1171
0.7
9
Mindtree Ltd.
3433.4
56613
0.0
0.0
29.9
10.4
46.2
33.9
1891
0.9
10
L&T Technology Services Ltd.
5284.5
55930
5990.0
4107.2
42.8
10.7
38.0
27.3
1308
0.9
FCS Software Soltns. Quarterly Results
#(Fig in Cr.)
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Net Sales
10
8
9
9
8
9
9
9
10
9
Other Income
0
1
1
1
0
1
0
0
8
2
Total Income
10
9
10
10
9
9
10
9
18
11
Total Expenditure
8
8
8
7
7
7
7
7
7
7
Operating Profit
3
1
2
2
2
2
2
3
11
4
Interest
1
0
0
0
0
1
0
0
5
1
Depreciation
1
1
1
1
2
1
1
1
1
1
Exceptional Income / Expenses
-1
0
0
0
0
0
-6
-6
-7
0
Profit Before Tax
-0
0
1
1
0
1
-5
-4
-2
2
Provision for Tax
0
0
0
0
0
0
0
1
-1
0
Profit After Tax
-0
0
1
1
0
1
-6
-5
-1
1
Adjustments
-0
-0
-0
0
0
-0
0
-0
-0
-0
Profit After Adjustments
-0
0
1
1
0
1
-6
-5
-1
1
Adjusted Earnings Per Share
-0
0
0
0
0
0
-0
-0
-0
0
FCS Software Soltns. Profit & Loss
#(Fig in Cr.)
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
TTM
Net Sales
134
79
42
37
34
40
37
34
35
35
37
37
Other Income
5
6
11
10
7
2
3
3
2
2
9
10
Total Income
139
86
53
47
41
43
41
37
36
37
46
48
Total Expenditure
148
80
47
44
36
37
40
28
29
29
29
28
Operating Profit
-9
5
6
3
5
6
1
8
8
8
16
20
Interest
1
1
5
1
0
1
3
2
2
2
6
6
Depreciation
48
48
47
47
62
169
18
5
4
4
4
4
Exceptional Income / Expenses
-0
-0
0
0
0
0
-3
-13
-1
0
-19
-19
Profit Before Tax
-58
-44
-45
-45
-57
-165
-23
-12
0
2
-12
-9
Provision for Tax
0
1
1
1
1
1
1
1
0
1
-0
0
Profit After Tax
-58
-45
-46
-46
-58
-166
-24
-12
-0
1
-12
-11
Adjustments
0
0
0
0
0
-7
-0
0
0
0
-2
0
Profit After Adjustments
-58
-45
-46
-45
-58
-172
-24
-12
-0
1
-14
-11
Adjusted Earnings Per Share
-0.3
-0.3
-0.3
-0.3
-0.3
-1
-0.1
-0.1
-0
0
-0.1
0
Growth Rates
#
1 Year
3 Year
5 Year
10 Year
Sales CAGR
6%
3%
-2%
-12%
Operating Profit CAGR
100%
26%
22%
0%
PAT CAGR
-1300%
0%
0%
0%
#
1 Year
3 Year
5 Year
10 Year
Share Price CAGR
24%
29%
77%
24%
ROE Average
-6%
-2%
-5%
-14%
ROCE Average
-3%
0%
-3%
-12%
FCS Software Soltns. Balance Sheet
#(Fig in Cr.)
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Shareholder’s Funds
532
493
398
356
341
342
304
297
348
359
429
Minority’s Interest
0
0
0
3
3
0
0
0
0
0
11
Borrowings
1
0
1
0
3
27
24
22
19
15
0
Other Non-Current Liabilities
-0
-0
-1
0
0
4
4
4
4
4
3
Total Current Liabilities
18
17
30
36
27
10
8
10
8
10
12
Total Liabilities
550
510
428
396
375
384
341
333
378
389
454
Fixed Assets
275
239
232
197
197
213
211
205
42
39
69
Other Non-Current Assets
121
170
121
160
128
134
118
107
328
340
357
Total Current Assets
108
62
45
16
27
25
12
21
8
10
28
Total Assets
550
510
428
396
375
384
341
333
378
389
454
FCS Software Soltns. Cash Flow
#(Fig in Cr.)
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Opening Cash & Cash Equivalents
37
34
43
33
5
11
14
3
3
3
2
Cash Flow from Operating Activities
-0
5
18
-9
68
-1
-5
4
4
2
15
Cash Flow from Investing Activities
-30
2
32
-13
-57
-19
-3
1
1
2
9
Cash Flow from Financing Activities
26
3
-60
-6
-5
23
-3
-5
-5
-5
-25
Net Cash Inflow / Outflow
-4
9
-10
-28
6
3
-11
0
-0
-1
-1
Closing Cash & Cash Equivalent
34
43
33
5
11
14
3
3
3
2
2
FCS Software Soltns. Ratios
#
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Earnings Per Share (Rs)
-0.35
-0.27
-0.28
-0.27
-0.34
-1.01
-0.14
-0.07
-0
0.01
-0.08
CEPS(Rs)
-0.06
0.02
0
0.01
0.02
0.02
-0.03
-0.05
0.02
0.03
-0.05
DPS(Rs)
0
0
0
0
0
0
0
0
0
0
0
Book NAV/Share(Rs)
2.93
2.72
2.19
1.94
1.97
1.11
1.04
0.97
0.97
0.97
1.48
FCS Software Soltns. Shareholding Pattern
#
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Promoter
19.65
19.65
19.65
19.65
19.65
19.65
19.65
19.65
19.65
19.65
FII
0.03
0.03
0.03
0.03
0.03
0.03
0.02
0.02
0.04
0
DII
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
0.03
Public
80.28
80.28
80.28
80.28
80.28
80.29
80.29
80.3
80.27
80.31
Others
0
0
0
0
0
0
0
0
0
0
Total
100
100
100
100
100
100
100
100
100
100
10. Remedium Life
Current Price: ₹8.65
Market Cap: ₹348 Cr
P/E Ratio: 15.01
Remedium Life makes health goods and services in demand as global health awareness grows.
Is the Stock Good to Buy? Yes, given the growing healthcare sector potential and Remedium positioning within it.
Share Price Target: Analysts suggest a target of approximately ₹10 ₹12 within the next year based on increasing demand for healthcare products.
Expert Forecast: Experts believe that as healthcare spending rises globally, Remedium Life stands poised for significant growth opportunities.
Quarterly Price
Financial Year
Close Price
% Return
Q1
Q2
Q3
Q4
FY-2019
0.1
–
–
-100.0 %
–
-100.0 %
FY-2021
0.4
–
–
–
–
-6.9 %
FY-2022
1.2
214.8 %
132.2 %
23.6 %
10.1 %
-0.4 %
FY-2023
6.6
432.6 %
-0.3 %
-0.5 %
2.4 %
424.2 %
FY-2024
27.1
311.9 %
492.2 %
-8.4 %
-29.8 %
8.2 %
FY-2025
8.2
-70.0 %
-44.6 %
-40.6 %
-8.7 %
–
Peer Comparison
#
Company
CMP
M Cap
52W High
52W Low
PE
PB
ROCE Last Yr
ROE Last Yr
PAT TTM
Div Yield
1
Adani Enterprises Ltd.
3118.0
355452
3743.0
2142.3
88.4
9.8
11.8
9.5
4227
0.0
2
Redington Ltd.
180.7
14127
237.3
136.2
11.6
1.9
23.6
17.1
1200
3.0
3
Honasa Consumer Ltd.
425.0
13805
546.5
256.1
82.6
12.9
18.3
0.0
126
0.0
4
MMTC Ltd.
83.5
12520
131.9
49.8
59.6
7.7
11.9
12.7
97
0.0
5
Lloyds Enterprises Ltd.
50.1
6372
51.8
27.3
55.1
3.8
15.3
13.1
177
0.4
6
Optiemus Infracom Ltd.
722.0
6199
873.6
218.4
104.2
14.5
17.3
14.0
57
0.0
7
Entero Healthcare Solutions Ltd.
1294.5
5630
1516.4
974.4
44.9
3.4
7.0
5.1
55
0.0
8
MSTC Ltd.
702.5
4946
1165.0
417.2
22.9
5.6
34.7
24.4
223
1.9
9
SG Mart Ltd.
427.0
4785
638.5
355.6
53.2
4.8
14.5
12.1
86
0.0
10
Jeena Sikho Lifecare Ltd.
1568.9
3900
1645.0
566.0
0.0
20.3
59.1
43.5
0
0.5
Remedium Lifecare Quarterly Results
#(Fig in Cr.)
Mar 2022
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Net Sales
40
99
158
176
76
330
469
1834
1408
78
Other Income
0
0
2
0
0
0
4
14
3
2
Total Income
40
99
160
177
76
330
473
1848
1411
80
Total Expenditure
41
93
156
175
78
323
462
1779
1444
77
Operating Profit
-1
7
4
2
-3
7
10
69
-32
2
Interest
0
0
0
0
-0
0
0
0
4
0
Depreciation
0
0
0
0
0
0
0
0
0
0
Exceptional Income / Expenses
0
0
-2
0
0
0
0
0
0
0
Profit Before Tax
-1
6
2
2
-3
7
10
69
-36
2
Provision for Tax
0
0
0
0
2
2
4
0
18
1
Profit After Tax
-1
6
2
2
-5
5
7
69
-54
2
Adjustments
0
0
0
-0
0
-0
0
0
0
0
Profit After Adjustments
-1
6
2
2
-5
5
7
69
-54
2
Adjusted Earnings Per Share
-0
0.2
0.1
0
-0.1
0.1
0.2
1.7
-1.3
0
Remedium Lifecare Profit & Loss
#(Fig in Cr.)
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
TTM
Net Sales
3
2
4
1
0
0
3
90
505
510
4042
3789
Other Income
0
1
0
0
0
0
0
0
0
1
21
23
Total Income
3
3
4
1
0
0
3
90
505
511
4063
3812
Total Expenditure
3
2
4
1
0
0
3
89
503
503
4008
3762
Operating Profit
0
1
0
0
0
0
0
1
2
8
55
49
Interest
0
0
0
0
0
0
0
0
0
0
5
4
Depreciation
0
0
0
0
0
0
0
0
0
0
0
0
Exceptional Income / Expenses
0
0
0
0
0
0
0
0
0
0
0
0
Profit Before Tax
0
1
0
0
0
0
0
1
2
7
50
45
Provision for Tax
0
0
0
0
0
0
0
0
0
2
18
23
Profit After Tax
0
1
0
0
0
0
0
0
1
5
33
24
Adjustments
0
0
0
0
0
0
0
0
0
0
0
0
Profit After Adjustments
0
1
0
0
0
0
0
0
1
5
33
24
Adjusted Earnings Per Share
0
0
0
0
0
0
0
0
0
0.1
0.8
0.6
Growth Rates
#
1 Year
3 Year
5 Year
10 Year
Sales CAGR
693%
255%
0%
106%
Operating Profit CAGR
588%
280%
0%
0%
PAT CAGR
560%
0%
0%
0%
#
1 Year
3 Year
5 Year
10 Year
Share Price CAGR
-72%
92%
112%
NA%
ROE Average
123%
73%
48%
24%
ROCE Average
100%
73%
48%
24%
Remedium Lifecare Balance Sheet
#(Fig in Cr.)
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Shareholder’s Funds
2
3
3
3
3
3
3
4
5
10
43
Minority’s Interest
0
0
0
0
0
0
0
0
0
0
0
Borrowings
0
0
0
0
0
0
0
11
0
0
0
Other Non-Current Liabilities
0
-0
-0
0
-0
-0
0
0
0
-0
-0
Total Current Liabilities
5
3
2
0
0
0
1
24
219
1144
1905
Total Liabilities
7
6
5
3
3
4
4
39
224
1154
1948
Fixed Assets
1
1
0
0
0
0
0
0
0
0
0
Other Non-Current Assets
1
1
1
1
1
0
0
0
0
0
0
Total Current Assets
5
3
4
2
2
4
4
38
224
1154
1948
Total Assets
7
6
5
3
3
4
4
39
224
1154
1948
Remedium Lifecare Cash Flow
#(Fig in Cr.)
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Opening Cash & Cash Equivalents
0
0
0
0
0
0
1
1
1
1
22
Cash Flow from Operating Activities
-0
0
-1
0
-0
-0
-0
-10
11
21
-74
Cash Flow from Investing Activities
0
0
1
0
0
1
-0
-0
-0
-0
0
Cash Flow from Financing Activities
0
-0
-0
-0
-0
0
0
10
-11
-0
54
Net Cash Inflow / Outflow
0
-0
0
0
-0
1
-0
-0
1
20
-20
Closing Cash & Cash Equivalent
0
0
0
0
0
1
1
1
1
22
2
Remedium Lifecare Ratios
#
Mar 2014
Mar 2015
Mar 2016
Mar 2017
Mar 2018
Mar 2019
Mar 2020
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Earnings Per Share (Rs)
0
0.01
0
0
0
0
0.01
0.01
0.03
0.13
0.81
CEPS(Rs)
0.01
0.01
0.01
0
0
0.01
0.01
0.01
0.03
0.14
0.81
DPS(Rs)
0
0
0
0
0
0
0
0
0
0
0
Book NAV/Share(Rs)
0.06
0.08
0.08
0.08
0.08
0.08
0.08
0.1
0.12
0.26
1.07
Remedium Lifecare Shareholding Pattern
#
Jun 2022
Sep 2022
Dec 2022
Mar 2023
Jun 2023
Sep 2023
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Promoter
1.11
1.11
1.11
1.11
1.11
1.11
1.11
1.11
1.11
1.11
FII
0
0
0
0
0.04
0.08
0.04
0.04
0
0
DII
0
0
0
0
0
0
0
0
0
0
Public
98.89
98.89
98.89
98.89
98.85
98.81
98.85
98.85
98.89
98.89
Others
0
0
0
0
0
0
0
0
0
0
Total
100
100
100
100
100
100
100
100
100
100
Benefits of Investing in Stocks Under ₹10 in India
Low priced shares provide several benefits for rookie and experienced investors:
These stocks enable investors to join the market without a significant investment. This accessibility lets people from different financial backgrounds invest in equities and diversify portfolios.
Cheap stocks frequently belong to smaller businesses with greater growth potential than larger ones. Investors prepared to take measured risks might profit from even little stock price rises by buying in bulk at lower prices.
Low priced shares provide diversity across industries without straining one budget, reducing portfolio risk.
The speculative character of many low priced stocks allows them to change quickly according to market sentiment or corporate news. These stocks may be profitable for short term traders or those comfortable with volatility.
Factors to Consider When Investing in Low Price Shares
Investment in low priced shares has several advantages, but investors should examine many vital aspects before investing:
Investors should analyze firm fundamentals, including revenue growth, profit margins, and debt levels, before investing in a stock.
Staying abreast of market trends affecting stock performance is essential for long term investing success.
Valuation indicators like P/E ratios may assist in finding cheap possibilities by comparing a stock price to its earnings potential and industry norms.
Having enough trading volume for a company helps investors purchase or sell shares without price changes, which is especially important for volatile, lower priced equities.
Finally, learning your risk tolerance is essential when investing in speculative assets like low priced shares. Knowing your comfort level with potential losses will help you plan for market fluctuations and realistically expect returns on investment.
Conclusion
India dynamic market offers intriguing chances for rookie and seasoned investors to participate in low priced shares under ₹10 per share.
Before investing, it is essential to do extensive research and analysis to limit these companies’ volatility and position oneself competitively in this distinct section of equities.
By understanding these investments’ benefits and critical factors affecting their performance, you can make more informed decisions that align with your financial goals and navigate this intriguing space effectively, paving the way for future equity market success!
FAQs
Stocks selling below ₹ 10 are considered low priced and frequently connected with smaller enterprises or those suffering financial troubles.
Yes, their volatility and the financial condition of the firms behind them make them riskier; rigorous examination is needed before investing.
Before making judgments, consider firm fundamentals like revenue growth patterns and market positioning, valuation measures like P/E ratios, and risk tolerance.
Yes! If chosen intelligently, these volatile stocks may provide high profits, but you must be mindful of the hazards.
Many low-priced shares don’t pay dividends; instead, the company reinvests earnings in growth—check company policy before investing!