Return on Equity: 27%
Return on Capital Employed: 34.6%
RoE – 10 Yrs Avg: 27.1% (Look at this consistency)
RoCE – 10 Yrs Avg: 35.9%
Equity Capital : 51 Crs.
Reserves : 4785 Crs.
Monopoly in domestic, commercial and industrial adhesives, glues and sealants segment : > 70% market share. The company adds around 300 Crs. every year to reserves.
Next time when you buy an adhesive or glue, see the manufacturer name, you will understand why I am recommending this stock.
Multibagger to held min 10 years.
I first recommended this stock in 2013 around 300 range. CMP 1800+.
Keep adding on dips.