High ROCE high ROE small-cap stock; Board announced bonus shares and dividends!

High ROCE high ROE small-cap stock; Board announced bonus shares and dividends!

Shares of this company have gained more than 45 per cent in last six months.

Roto Pumps Limited informed in the exchange filling that the company’s board has approved and recommended one fully paid-up equity shares with a face value Rs 2.00 for every fully paid up equity share with a face value Rs 2.00 held by the company’s members on the record date, which is July 8, 2023. 

The board has also approved a final dividend at the rate of Rs 3.15 per share (157.50 per cent) on equity shares with a face value of Rs 2.00 each for the financial year ended March 31, 2023. The dividend will be credited on the record date, which is July 8, 2023, if declared by the shareholders at the upcoming Annual General Meeting. 

In Q4FY23, the company’s revenue stood at Rs 71.96 crore, showing a YoY growth of 46.18 per cent. The operating profit of the company stood at Rs 19.09, growing by 48.02 per cent YoY, while the company’s PAT grew by 57.89 per cent YoY, reaching at Rs 11.01 crore. 

Roto Pumps is the pioneer manufacturer of progressive cavity pumps in India. The company is renowned for providing efficient and reliable pumping solutions to a diverse range of industries, including wastewater, sugar, paper, paint, oil & gas, chemicals & process, ceramics, food & beverages, renewable energy & power, mining & explosives, marine & defense. 

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1 comments on article "High ROCE high ROE small-cap stock; Board announced bonus shares and dividends!"

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sitaram pandey

Nifty willl touch 20,000 this year

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