2023-10-19 04:56:00
Investing in multipacker stocks has proven to be a lucrative strategy over the last 10 years, with returns of 100% or more. This means that investing Rs. 1 lac in a multipacker stock could result in a return of 2 lac or even more within a certain period of time. Let’s take a closer look at the top multipacker stocks of the last decade, their stock fundamentals, and their impressive 10-year returns.
1. Fertilizers & Chemicals Travancore Ltd (FACT):
The Fertilizers & Chemicals Travancore Ltd, also known as FACT, is India’s first large-scale fertilizer plant located in Kochi, Kerala. Established in 1943, FACT manufactures and markets various fertilizers, fertilizer by-products, and caprolactam. The company’s revenue grew by an impressive 39.4% YoY, reaching Rs. 6,198.15 crore in FY23, while the net profit increased by 73.5% to Rs. 613 crore.
2. APAR Industries:
APAR Industries, founded in 1958, started as a small business manufacturing conductors for electrical transmission. Over the years, it has become a diversified company trading in more than 140 countries, specializing in conductors, cables, specialty oils, polymers, and lubricants. In FY23, APAR Industries witnessed a remarkable 54% YoY growth in revenue, reaching Rs. 14,352.2 crore, and a net profit growth of 148.4% to Rs. 637.7 crore.
3. Jindal Stainless:
Jindal Stainless, founded in 1970, has evolved into India’s largest steel producer and one of the top 10 global stainless steel producers. The company operates two manufacturing facilities in Haryana and Odisha, as well as an overseas branch in Indonesia. In FY23, Jindal Stainless reported a revenue growth of 9% YoY, amounting to Rs. 35,697 crore, while the net profit declined by 31.3% YoY to Rs. 2,114.5 crore. The company recently completed the acquisition of Jindal United Steel Limited, enhancing synergies and increasing value for stakeholders.
4. CG Power and Industrial Solutions:
CG Power and Industrial Solutions, established in 1937, is a member of the Murukappa Group and has been a pioneer in electrical energy management. CG offers a wide range of products, services, and solutions for industrial and power equipment. In FY23, the company saw an 85% growth in revenue, reaching Rs. 6,972.54 crore, and a net profit growth of 5.5% to Rs. 962.67 crore.
5. KEI Industries:
KEI Industries Limited, founded in 1968, started as a manufacturer of rubber cables and has become a market leader in wire and cable solutions. The company manufactures power cables for EHV, MV, and LV segments, as well as providing EPC services for various industries. In FY23, KEI Industries recorded a revenue growth of 20.7%, amounting to Rs. 5,726.99 crore, and a net profit growth of 30% to Rs. 477.35 crore.
Investors should note that this article is solely for informational purposes and should not be considered as investment advice. It is advisable to consult with an investment advisor before making any investment decisions.
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