The Company’s strong financials depend on long-term goals, strategies, and future plans, all of which have a direct impact on sales and profit. Net Profit 3 Year Compound Annual Growth Rate, or CAGR, is the compounded growth rate of a company’s net profits over a five-year period. It is useful in determining if a company’s earnings have continuously improved over time.
Listed below are three Penny stocks with 3-yr Net Profit CAGR of up to 115%
Shreeji Translogistics Ltd
Shreeji Translogistics is engaged in the business of acting as a Transport Contractor. It is one of the largest integrated national logistics solution providers in India which provides freight management and integrated logistics solution services to multiple industries.
Shreeji Translogistics shares closed at Rs 66.35 on Friday, a 3.20 percent decrease from the previous close price. The company has a market value of Rs 347 crore.
During the last three years, the company’s revenue has climbed from Rs 110 crore in FY19-20 to Rs 186 crore in FY 22-23. Net profit climbed from Rs 1 crore to Rs 9 crore throughout the same time, accounting for 108 percent of the three-year CAGR.
The stock has risen 38 percent in the last year, from Rs 48.70 to its current price.
Radhika Jeweltech Ltd
Radhika Jeweltech is engaged in the business of trading Gold & Diamond Jewelry and ornaments.
On Friday, Radhika Jeweltech Ltd shares closed at Rs 36.25, up 4.77 percent from the previous close price, Company has a market capitalization of Rs 427 crore.
The company’s revenue has increased from Rs 171 crore in FY19-20 to Rs 312 crore in FY 22-23 during the past three years. Within the same timeframe, net profit increased from Rs 12 crore to Rs 29 crore, accounting for 34 percent of the 3-year CAGR.
The stock has risen 16 percent year to date, from Rs 30.02 to current levels, and 12 percent in the previous year.
Rajoo Engineers Ltd
Rajoo Engineers Limited is the market leader in blown film lines, sheet lines, and thermoformers. And manufactures plastic-extrusion machinery.
Rajoo Engineers Ltd shares closed at Rs 53.80 on Friday, down 0.39 percent from the previous close price. The company has a market capitalization of Rs 331 crore.
During the last three years, the company’s revenue has climbed from Rs 93 crore in FY19-20 to Rs 159 crore in FY 22-23. Net profit climbed from Rs 1 crore to Rs 10 crore over the same time, accounting for 115 percent of the three-year CAGR.
The stock has increased 98 percent in the six months, from Rs 27.30 to the present levels, and gained 57 percent in the last year.
Written By Omkar Chitnis
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