This year in particular has been of multibaggers with many stocks multiplying wealth for investors. Likewise as stock market investment is for long term, here are the stocks that emerged as clear cut winners.
1. Tanla Platforms:
In December 2011, the stock was priced at Rs. 6.28 and now considering the latest price of Rs. 1891.5, it has yielded a 300x return.
Tanla Platforms previously known as Tanla Solutions is a small scale cloud communications entity based out of Hyderabad. The company is a global concern with office spanning globally.
The company of late entered into a tie-up with Vodafone for deploying patented blockchain enabled Wisely Platform for augmenting RoI. "Tanla, a leading CPaaS provider and Vi today announced a partnership wherein Tanla will be the exclusive provider of solutions to secure, encrypt and enhance performance for the entire international messaging traffic on the Vi network. India's international messaging market is estimated to be around Rs 3,500 crore annually," Tanla Platforms said in exchange filing
On the financial front, the company is said to possess manageable debt and stable growth history. Average profit growth of 129.65% has been delivered in the last 3 year. RoE at the firm has improved considerably from the negative zone in 2020 to 39.87 in 2021.
2. Alkyl Amines:
This Alkyl Amines chemicals firm was again priced at Rs. 17.28 and now after 10 years is priced at Rs. 3127.85 apiece. So, it implies gains of 180 times.
This is a mid cap company engaged in the manufacturing and supply of amines, amine derivatives as well as other specialty chemicals in India and globally.
The company's FCF over the last has been constant and another point worth noting is a considerable improvement in the company's earnings per share over the last 3 years. On the debt front, the company has reduced its debt substantially.
3. Deepak Nitrite:
This is another chemicals firm from the mid-cap space. The company is into manufacturing and selling basic chemicals, fine and speciality chemicals, performance products and phenolics in India.
Talking of its financials, the Deepak Nitrite company has registered profit growth of 62 percent for the past 3 years. Debt has been reduced immensely by the firm and is virtually a debt free firm. RoE over the past 3 years has been maintained at 25.91%.
The company has lately received approval to raise Rs. 2000 crore via Qualified institutional placement.
4. Indo Count:
The textile company has jumped from a price of Rs. 1.58 to Rs. 236.25 meaning 149x gains. The company's product line includes bed sheets, duvet covers, comforters, pillows, quilts etc.The company also has its showrooms in the UK and the US.
The products are sold by the company under the Boutique Living, Haven, Pure Collection etc.
Over the 5 years, the company has registered annual earnings growth of 22.3%, The company's RoE has been good at over 19%. As of September Fy22, the debt has been maintained at 51.4%.
|Stock||Sector||Price in December 2011||Price in December 2021||Gains in a decade|
|Tanla Platforms||IT||Rs. 6.28||Rs. 1891.5||300x|
|Alkyl Amines||Chemicals||Rs. 17.28||Rs. 3127||180x|
|Deepak Nitrite||Chemicals||Rs. 15.48||Rs. 2316||149x|
|Indo Count||Textiles||Rs. 1.58||Rs. 236.25||149x|
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