Low PE & high ROE penny stock below Rs 30; Locked in 5% Upper Circuit on October 03

On Friday, one of the Top Gainers on BSE, shares of Integrated Industries Ltd hit a 5 per cent Upper Circuit to Rs 25.65 per share from its previous closing of Rs 24.43 per share. The stock’s 52-week high is Rs 44.94 per share while its 52-week low is Rs 17 per share. The stock is up over 50 per cent from its 52-week low of Rs 17 per share.

Integrated Industries Limited, a company focused on the food sector, has a diverse portfolio that includes organic, inorganic, and processed food items, as well as bakery goods. In 2023, the company strategically acquired a fully operational biscuit manufacturing plant in Neemrana, Rajasthan, through its subsidiary, M/s Nurture Well Food Limited. This acquisition was a key move to boost its production capacity and expand its footprint in the market.

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Through the modern facility in Neemrana, Nurture Well Food Limited produces a range of biscuits and cookies under the popular brands RICHLITE, FUNTREAT, and CRUNCHY CRAZE. These products have a strong distribution network of more than 150 business partners across North India, with a presence in states like J&K, Himachal, Punjab, Rajasthan, Uttarakhand, Delhi NCR, and Uttar Pradesh. The company's reach also extends to several international markets, including the UAE, Somalia, Tanzania, Kuwait, Afghanistan, Congo, Kenya, Rwanda, and Seychelles.

Integrated Industries Limited also requested a special shareholder approval for major corporate actions aimed at strategic expansion, including increasing its borrowing and investment limits beyond those set by Section 186 of the Companies Act, 2013, and allowing the creation of a charge on its assets. The agenda also includes an ordinary resolution for a related-party transaction with Nurture Well Foods Limited and a special resolution to insert a new main objective in the company's Memorandum of Association, ensuring all significant financial and structural changes adhere to legal and governance standards.

In FY25, the company reported net sales of Rs 766 crore and net profit of Rs 67 crore. The promoters of the company own 53.81 per cent, DIIs hold 0.07 per cent and public shareholders own the remaining 46.12 per cent. The shares of the company have a PE of 11x, an ROE of 28 per cent and an ROCE of 31 per cent. The stock gave multibagger returns of 13,400 per cent in 3 years and a whopping 85,000 per cent in 5 years.

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