The mean annual growth rate of an investment over a predetermined time period longer than a year is known as the compound annual growth rate, or CAGR. It is among the most precise methods for figuring out returns for single assets, investment portfolios, and anything whose value is subject to fluctuations over time.
Here are three small-cap stocks with Net Profit CAGR up to 168% in three years.
Remedium Lifecare Limited
Remedium Lifecare Limited is a company specializing in producing and supplying pharmaceutical products. They provide products that include an oxide, reagent, iodine, selenium metal powder, and trimethyl sulfonium iodide.
On Friday, The company’s shares were Closed at Rs 555.55, slipping around 0.41 percent as compared to the previous closing levels of Rs 557.85.
In the last six months, the scrip has gained over 85.33 percent. It has a market capitalization of Rs 1,119.99 crores.
The company’s consolidated net profit numbers have showcased an increase from Rs 0.28 crores during FY20-21 to Rs 5.43 crores in FY22-23.
The company also has a net profit CGAR for 3 years is 168.67 percent.
Tips Industries Limited.
A media and entertainment company called Tips Industries Limited. The Company’s commercial operations include film production and distribution as well as music rights acquisition and exploitation.
On Friday, The company Shares closed at Rs 347.95, slipping around 3.55 percent as compared to the previous closing levels of Rs 360.95.
In the last six months, the scrip has gained over 130.60 percent. It has a market capitalization of Rs 4,468.60 crores.
The company’s consolidated net profit numbers have showcased an increase from Rs 11.34 crores during FY20-21 to Rs 76.50 crores in FY22-23. The company also has a net profit CGAR for 3 years is 76.52 percent.
Jyoti Resin & Adhesives Limited.
Jyoti Resin & Adhesives Limited produces a range of wood adhesives in various formulations, including waterproof ones. Adhesives that are weatherproof, termite-resistant, and quickly dry.
On Friday, The company Share closed at Rs 1614.05, down roughly 0.80 percent from the closing value of Rs 1627.10. Over the past half-year, the stock has increased by more than 6.45%. It has a market capitalization of Rs 1,936.86 crores.
The company’s consolidated net profit figures reveal that between FY20–21 and FY22–23, it made Rs 8.1 crores and Rs 46.44 crores. The company has a net profit CGAR for 3 years is 78.98 percent.
Written by:- Abhishek Singh
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