Treadmill - Moderate ROCE + High Growth

Value creation is difficult and unpredictable for these businesses, value creation generally tracks higher of ROCE and growth in good market conditions and lower of the two in bad times, buying at cheap prices could help create returns higher than earnings growth for some time, but that may be unsustainable.

by Vishal Khandelwal

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S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE % ROCE 3Yr % ROCE 5Yr % ROCE 10Yr %
1. ASM Technologies 3359.2079.134899.950.1316.754.95135.1218.0027.5615.3516.2912.88
2. Radico Khaitan 3489.7075.7946757.520.11179.4694.921503.7115.3124.2117.7616.2616.10
3. GPT Infraproject 116.6316.361466.562.5720.40-5.93283.932.1021.8719.2317.1915.36
4. Navin Fluo.Intl. 7071.5054.2636281.680.21212.62113.03937.7133.7821.3714.5416.6419.93
5. Antelopus Selan 685.1026.932412.800.0038.08157.65102.0165.2821.2218.7614.3811.14
6. Jayaswal Neco 110.5022.7410705.260.00190.8787.791974.2417.8520.6715.7916.5310.08
7. Bharat Seats 204.3329.641281.430.5413.2516.33574.2846.1620.1617.0216.2218.42
8. J Kumar Infra 509.309.593849.890.7983.86-6.591305.73-12.1819.9818.6015.7515.02
9. Subros 781.0530.355101.290.3334.7522.42947.6815.4319.9514.9511.9712.90
10. Manaksia Coated 103.5726.891094.140.055.376.76227.469.4119.8616.7214.5611.00
11. Federal-Mogul Go 464.1513.592579.630.0030.7331.48495.6514.4519.6017.0313.3614.80
12. Talbros Auto. 327.8020.372017.850.2127.2014.19213.596.0219.3119.9818.2215.27
13. L T Foods 416.3022.1914430.960.72157.359.842809.2023.4919.1819.1217.1515.46
14. Arvind SmartSp. 626.1039.182871.050.9629.22-39.76166.39-20.8319.0514.7512.5014.67
15. Uno Minda 1173.1058.5667786.230.19300.4827.585018.0619.9318.8318.9516.4317.20
S.No. Name CMP Rs. P/E Mar Cap Rs.Cr. Div Yld % NP Qtr Rs.Cr. Qtr Profit Var % Sales Qtr Rs.Cr. Qtr Sales Var % ROCE % ROCE 3Yr % ROCE 5Yr % ROCE 10Yr %
16. Syncom Formul. 14.3719.551347.110.0018.8647.46114.59-9.7918.5912.8213.9412.93
17. Gallantt Ispat L 889.2544.1621387.020.14122.835.611204.8112.3718.2316.4615.0212.98
18. Garware Hi Tech 5187.5035.7512090.190.23108.2139.09596.698.9018.0217.5215.4811.96
19. Capacit'e Infra. 245.5510.532077.450.0050.48-3.84675.4214.3818.0116.9813.5019.77
20. Oberoi Realty 1634.7023.5359408.400.49703.2862.361749.8352.1417.8116.9315.7213.03
21. Avenue Super. 4389.4096.33286137.270.00656.4219.1817683.8618.9117.1918.1818.0819.46
22. Nava 730.4023.0920668.991.10325.71-11.98991.1217.6417.1716.7615.4612.21
23. Shaily Engineer. 2700.1087.3612420.390.0735.6496.47236.4226.9016.9712.8413.0815.53
24. Linde India 7741.00113.1566033.850.06191.5968.08701.0315.7116.9018.3616.5111.06
25. Steel Str. Wheel 212.5216.763340.390.5949.18-5.131320.8122.9016.7618.9617.6613.99

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Market capitalization > 500 AND Price to earning < 15 AND Return on capital employed > 22%