Dolly Khanna’s portfolio stock gains over 130% in two years; do you hold it?

Control Print Limited is involved in the development, research, manufacturing, and marketing of printing machines, spare parts, consumables (fluids) and associated services. The company’s manufacturing facility for printers and consumables is located in Nalagarh (Himachal Pradesh) and Guwahati (Assam), respectively.  

Dolly Khanna a very well-known investor had bought a 1.04% stake in the company in December 2021. As per the latest shareholding data of the company, i.e., September 2023, Dolly Khanna has increased stake in the company. The current shareholding in the company stands at 1.21%. With a rough calculation, she is expected to make a 130% gain, since her initial investment in the company.  

In the recent quarter Q2FY24, the company generated revenue of Rs 86.43 crore, reflecting a growth of 20.8% compared to the previous year. The operating profit for Q2FY24 stood at Rs 21.65 crore, marking a significant increase of 15.58% on a YoY basis. The company’s net profit after tax (PAT) saw a significant jump, reaching Rs 14.12 crore, with a growth of 23.5% on a YoY basis.  

The company is the only ‘Make in India’ company & is in the top four players in India commanding nearly 19% market share of the Rs 1,800-2,000 crore coding and marking solutions Indian market.  

In the last 6 months, the shares of the company have given more than 45% returns, and on a YTD basis, the stock has given about 100% returns. The stock has shown impressive growth and investors should keep a close eye on this stock. The stock is trading at a PE of 23.9x. The company has a ROCE of 23% and an ROE of 19.1% with a market capitalisation of Rs 1,383 crore.  

Today, the stock opened at Rs 838.90, with a high and low of Rs 850.05 and Rs 824.70. It is closed trading at Rs 835,00, up by 1.02%. The stock has a 52-week high of Rs 866.40 and a 52-week low of Rs 376.  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.