EPS, popularly known as the earnings per share, is the most followed measure of a company’s profitability. It is calculated by dividing quarterly/annual income by the total number of outstanding shares of the company.
Listed below are 4 Mid-cap stocks that have a trailing twelve-month (TTM) EPS of more than Rs 30:
Oil India Limited
Oil India Limited is engaged in the process of exploring, developing, and producing crude oil, liquefied petroleum gas, and natural gas. The company has built expertise in the installation, maintenance, and servicing of modern handling facilities. The ‘crude oil’ sales have proven to be the leading revenue generator for the company.
The company’s shares are currently trading at Rs 254, prevailing at flat levels as compared to the previous closing levels of Rs 254.15. It has a market capitalization of Rs 27,549 crores. The company marked a decent TTM EPS number of Rs 80.49.
Having a look at the net profits generated by the company YoY, the most recent movement shows an increase in numbers from Rs 6,607 crores during FY21-22 to Rs 9,850 crores in FY22-23. Moreover, the net profit margins, during the same period, have improved from 25.50 percent to 27.28 percent.
LIC Housing Finance Limited
LIC Housing Finance Limited is a company based in India that is involved in the business of providing finance for the purpose of purchasing, constructing, and renovating buildings & houses. The company offers a range of housing loans, some of which include plot loans, home loans, top-up loans, griha suvidha home loan, and more.
The company’s shares are currently trading at Rs 376.15, up around 0.80 percent as compared to the previous closing levels of Rs 373.05. It has a market capitalization of Rs 20,679 crores. The company marked a decent TTM EPS number of Rs 51.14.
Having a look at the net profits generated by the company QoQ, the most recent movement shows an increase in numbers from Rs 311 crores during Q2FY22-23 to Rs 461 crores in Q3FY22-23. Moreover, the net profit margins, on a YoY basis, have reduced from 13.78 percent during FY20-21 to 11.44 percent in FY21-22.
Power Finance Corporation Limited
Operating in India, Power Finance Corporation Limited is a financial institution that is dedicated to financing of the country’s power sector and its various projects. It serves various entities including the central power sector utilities, private power sector utilities, power equipment manufacturers, etc.
The company’s shares are currently trading at Rs 196.35, up around 1 percent as compared to the previous closing levels of Rs 194.50. It has a market capitalization of Rs 51,851 crores. The company marked a decent TTM EPS number of Rs 60.19.
Having a look at the net profits generated by the company QoQ, the most recent movement shows an increase in numbers from Rs 5,241 crores during Q3FY22-23 to Rs 6,128 crores in Q4FY22-23. Moreover, the net profit margins, on a YoY basis, have improved from 21.92 percent during FY20-21 to 24.63 percent in FY21-22.
Indian Bank
Established in 1907, Indian Bank, a banking institution based in Chennai, India, provides personal/individual home loans, agricultural loans, vehicle loans, educational loans, etc. In addition to the above, it provides mobile banking, ATM, internet banking, wealth management services, etc.
The company’s shares are currently trading at Rs 283, up around 0.80 percent as compared to the previous closing levels of Rs 280.85. It has a market capitalization of Rs 35,221 crores. The company marked a decent TTM EPS number of Rs 44.75.
Having a look at the net profits generated by the company YoY, the most recent movement shows an increase in numbers from Rs 3,994 crores during FY21-22 to Rs 5,330 crores in FY22-23. Moreover, the net profit margins, during the same period, have improved from 10.21 percent to 11.84 percent.
Written by Amit Madnani
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