In this article, you will know about 3 penny stocks list whose price is less than ₹ 200 and which are trading less than their book value.
Penny Stocks with Company Fundamental Analysis
1. Finolex Industries Limited
Finolex Industries Limited: This company is the leading manufacturer of PVC Resin which is used in manufacturing PVC Pipes & Fittings and this company is also one of the Largest Producers of PVC Pipes & Fittings which are used in Agriculture, Construction and Industrial Operation.
60% of its revenue comes from PVC pipe & fittings and the remaining 40% of revenue comes from PVC Resin. It has 900+ Dealers and 21000+ Retailers across India.
Fundamentals of Finolex Industries Limited
It is a mid-cap company and its market capitalization is 12320 crores, its return on equity is good 28.9%, return on capital employed is also 35.6% which is considered good.
Debt: This company has only a debt of 30.2 crores while its annual profit is 728 crores and this company also has a free cash flow of 876 crores.
Its debt is less than its annual profit, so it can be considered debt-free.
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Its earning per share is Rs 15.1 which is good according to its price and the holding of promoters in the company is 52.47% which is considered good.
| 52 Week High | 244.50 |
| 52 Week Low | 114.40 |
| Sector PE | 51.33 |
| Face Value | 2 |
| Dividend Yield | 2.05 |
| Mkt Cap (Rs. Cr.) | 12,130 |
| Book Value Per Share | 50.59 |
Pros of Finolex Industries Limited
This company has reduced its debt and this company is almost debt-free. It is expected to give good quarter results, its last five years profit growth CAGR of 25.92% which is considered good.
This company also gives dividends of 35.95% properly.
Cons of Finolex Industries Limited
The company’s sales growth for the last five years is low at 6.89%.
Financial trend of Finolex Industries Limited
In 2021, the company has got the highest profit of 738 crores.
Quarterly Profit: Compared to Quarter 2 of 2020, the company has more profit of 233 crores in Quarter 2 of 2021, and currently its share price is running at Rs 198.40.
| Net Profit 2021 (Rs. Cr.) | 721 |
| Debt to equity (2021) | 0.06 |
| Revenue 2021 (Rs. Cr.) | 3,462 |
| EPS | 11.89 |
| ROE | 23.50 |
| Dividend/Share (INR) | 20.00 |
| Promoters holding | 52.47% |
| Face Value | 10 |
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2. Texmo Pipes & Production Limited
Texmo Pipes & Products Limited: This company manufactures pipes and fittings. Their product portfolio includes PVC pipes, Submersible Column pipes, HDPE Pipes, SWR Pipes, Sprinkler Pipes & Fittings, Rigid PVC Pipes, Agricultural fittings, HDPE Coils, DUCT, Casting Pipes, Solvent Cement, etc.
Revenue of Texmo Pipes & Production Limited: The company generates 30.16% revenue from PVC pipe, 4.50% revenue from trading sales, 49.05% revenue from HDPE pipe, 9.12% revenue from molding fittings, and 2.22% revenue from CPVC fittings.
Fundamentals of Texmo Pipes & Production Limited
The company’s market capitalization is 207 crores, its return on equity is 4.96% and return on capital employed is 9.13%, their returns are low.
Debt: This company has a debt of Rs 12.6 crores while its annual profit is 10.8 crores and this company also has a free cash flow of 24.8 crores.
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| 52 Week High | 100.90 |
| 52 Week Low | 20.90 |
| Sector PE | 51.33 |
| Face Value | 10 |
| Dividend Yield | — |
| Mkt Cap (Rs. Cr.) | 273 |
| Book Value Per Share | 74.39 |
Pros of Texmo Pipes & Production Limited
This company has reduced its debt and this company is almost debt-free. This stock is trading less than its book value, this company can give good quarters result with last five-year profit growth CAGR of 29.09%.
The debtor of the company has improved from 53.85 to 38.54.
Cons of Texmo Pipes & Production Limited
This company does not pay a dividend and its return on equity for the last three years is also low at 2.89%.
Financial trend of Texmo Pipes & Production Limited
The company had a loss of 1.34 crores in 2017 but since 2018 its profit is increasing continuously and in 2021 it has made a profit of 10.38 crores.
Quarterly Profit: So in comparison to last year’s Quarter 2 (September 2020), there has been more profit of 4.85 crores than this year’s Quarter 2.
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| Net Profit 2021 (Rs. Cr.) | 10 |
| Debt to equity (2021) | 0.10 |
| Revenue 2021 (Rs. Cr.) | 421 |
| EPS | 3.89 |
| ROE | 4.78 |
| Dividend/Share (INR) | 0.00 |
| Promoters holding | 44.24% |
| Face Value | 10 |
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3. Filatex India Limited
Filatex India Limited: This company manufactures Textiles such as Polyester Chips, Narrow Fabrics, Synthetic Yarn, Drawn Textured, Partially Oriented Yarns, Fully Drawn Yarns, Air Textured Yarns, Narrow Woven Fabrics, etc.
89% of its revenue comes from India and the remaining 11% of its revenue comes from exports.
This company also exports to more than 45 countries, it has two manufacturing facilities in Gujarat and Dadra with a total capacity of 3.8 lakh tonnes per annum and this company is also expanding its capacity.
Fundamentals of Filetex India Limited
It is a small-cap company and its market capitalization is 2740 crores, its return on equity is good 24.5%, return on capital employed is also 22.4% which is considered good.
Debt: This company has a debt of 462 crores while its annual profit is 166 crores and this company also has a free cash flow of 186 crores.
Its debt to equity ratio is 0.51, its earning per share is Rs 14 which is good for its price, and promoters holding in the company is 65.18%.
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| 52 Week High | 142.80 |
| 52 Week Low | 55.20 |
| Sector PE | 18.48 |
| Face Value | 2 |
| Dividend Yield | 0.29 |
| Mkt Cap (Rs. Cr.) | 3,076 |
| Book Value Per Share | 35.04 |
Pros of Filatex India Limited
This company has reduced its debt. It is being expected that this company can give good quarter results and its profit growth CAGR of last five years is 49.50 which is considered good.
Cons of Filatex India Limited
The sales growth of the company for the last 5 years is low.
Financial trend of Filatex India Limited
The company’s profit has been increasing continuously for the last five years and is 166 crores in 2021.
Quarterly Profit: Compared to Quarter 2 of 2020, the company has made more profit of 73.78 crores in Quarter 2 of 2021. Right now the price of one share is running at Rs 121.55.
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| Net Profit 2021 (Rs. Cr.) | 165 |
| Debt to equity (2021) | 0.72 |
| Revenue 2021 (Rs. Cr.) | 2,227 |
| EPS | 7.51 |
| ROE | 21.76 |
| Dividend/Share (INR) | 0.40 |
| Promoters holding | 65.18% |
| Face Value | 2 |
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This article is only for education purpose and the author has his own views and research, so if you invest in these stocks then do it at your own risk and do the research yourself before investing.
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FAQ
It is a mid-cap company and its market capitalization is 12320 crores, its return on equity is good 28.9%, return on capital employed is also 35.6% which is considered good.
Debt: This company has only a debt of 30.2 crores while its annual profit is 728 crores and this company also has a free cash flow of 876 crores.
The company’s market capitalization is 207 crores, its return on equity is 4.96% and return on capital employed is 9.13%, their returns are low.
Debt: This company has a debt of Rs 12.6 crores while its annual profit is 10.8 crores and this company also has a free cash flow of 24.8 crores.
It is a small-cap company and its market capitalization is 2740 crores, its return on equity is good 24.5%, return on capital employed is also 22.4% which is considered good.
Debt: This company has a debt of 462 crores while its annual profit is 166 crores and this company also has a free cash flow of 186 crores.