Penny Stock Trading Under Rs 30 To Declare Q4 Results & Dividend On This Date; Do You Own?

Bhatia Communications & Retail (India) Limited's shares exhibited positive trading patterns on Thursday, with the stock gaining 1.5% to an intraday peak of Rs 23.26 per share, the previous close being Rs 22.92. The stock has seen consistent movement over the last year, with a 52-week high of Rs 36 and a low of Rs 19.51 this marking 22% growth from the low. The stock has also provided multibagger returns of over 200% in the last five years.

The company has disclosed that its Board Meeting will be conducted on 26th May, 2025 at 3:00 PM in its registered office, Surat. The board will consider and approve the standalone audited financial results for the quarter and year ended March 31, 2025. Discussing one main agenda item, the recommendation of a final dividend for FY 2024-25 will be assessed.

Bhatia Captions has observed a continual increase in revenue. In Q3FY25, the firm's net sales grew by 9% to Rs 126.81 crore from Rs 116.78 crore in Q3FY24. Net profit also grew by 44% to Rs 3.58 crore from Rs 2.49 crore in the same quarter last year. During the FY25 Nine Months (9MFY25) period, the firm's net sales increased by 6% to Rs 338.95 crore, while net profit also increased by 28% to Rs 10.89 crore compared to the previous year's same duration for FY24.

For the purpose of rewarding the investors, the board has announced a third interim dividend of Rs 0.01 per share (1% on face value of Rs 1) for FY2024-25. This dividend will be paid in the period specified by the Companies Act, 2013.

The company has also been rapidly expanding south in the Gujarat and Maharashtra region, achieving a milestone of 200 stores in 2024. Currently, they operate 210 stores with a goal to reach 25 additional stores by the end of FY25. The average size of their store is 760 sq ft, and they have a remarkable customer conversion rate of 98%, which puts a steadfast emphasis on a customer-first policy.

In alignment with a concentrated growth strategy, Bhatia Communications allocates capital expenditure of Rs 8-10 lakh and working capital of Rs 33-35 lakh per store. For each outlet, the monitoring period lasts on average 3-4 months, and the payback period is 12-13 months. This operational efficiency translates into strong company fundamentals of a market cap at 290 crore, PE at 34x, ROE at 19%, and ROCE at 21%.

Bhatia Communications is a household name in the distribution and retail of mobile devices and electronics and strategically collaborates with leading global brands like Apple, Samsung, OnePlus, Vivo, Oppo, Realme, Xiaomi, Motorola, Nothing, Boat, HP, Lenovo, Fire Boltt, among others. The company maintains a presence of 172 stores across the country, consisting of 160 company-owned and 12 franchise stores, and is continuously working towards expanding its market presence while remaining focused on consumer needs.

With the announcement of the audited results and contemplating a final dividend, investor sentiments are further enhanced by the robust financials, aggressive store expansion, and growing brand partnerships.