Low PE & high ROE multibagger penny stock under Rs 35 locked in 20 per cent upper circuit

The stock is up by 35.2 per cent from its 52-week low of Rs 22.33 per share and gave multibagger returns of 985 per cent in 5 years.

Today, one of the Top Gainers on BSE, shares of UY Fincorp Ltd were locked in a 20 per cent upper circuit to an intraday high of Rs 30.19 per share from its previous closing of Rs 25.16 with a spurt in volume by more than 52 times on BSE. The company has not made any significant announcements of late. Hence, the rally in the share price could be driven purely by the market forces.

U. Y. Fincorp Ltd is a non-banking financial company registered with the Reserve Bank of India. Established in 1993, the company primarily focuses on providing financial services such as inter-corporate loans, personal loans and investments in securities. UYFL offers a range of fund-based services like infrastructure funding, industrial asset funding, loans against shares and real estate funding. Additionally, they provide fee-based services like loan syndication and project counselling. With a clientele that includes prominent names in various industries, UYFL has been expanding its operations through new brand initiatives and partnerships with microfinance institutions.

Quarterly Results Q1FY25 v/s Q1FY24

Revenue of Rs 35.63 crore v/s Rs 20.73 crore [ up 71.90 per cent]
EBITDA of Rs 6.55 crore v/s Rs 5.69 crore [up 15.20 per cent]
PAT of Rs 5.09 crore v/s Rs 4.33 crore [up 17.30 per cent]

DSIJ’s Penny Pick service provides research-backed penny stock recommendations below Rs 100. If this interests you, you can download the service details here.

Annual Results FY24 v/s FY23

Revenue of Rs 122 crore v/s Rs 57 crore [ up 114 per cent]
EBITDA of Rs 9 crore v/s Rs 12 crore [ down 25 per cent]
PAT of Rs 65 crore v/s Rs 8 crore [up 712.5 per cent]

The company has a market cap of over Rs 570 crore. The shares of the company have a PE of 9x and an ROE of 23 per cent. The stock is up by 35.2 per cent from its 52-week low of Rs 22.33 per share and gave multibagger returns of 985 per cent in 5 years. Investors should keep an eye on this micro-cap NBFC stock.

Disclaimer: The article is for informational purposes only and not investment advice.