ISIL is the cheapest food company in the market trading at P/E multiple of 23x.
Full year eps expected to be around 8.5
Unappropriated profit is Rs. 2 billion.
However, company has Rs. 1.5 billion long term debt.
Currently trading at Rs. 175/- and can easily go upto Rs. 350/- within next 2 years implying a return of 100%.
Company is constant growth story. Since 2008, it has increased its sales from Rs. 4.1 billion to Rs. 11.5 billion in 2013 i.e a 180% increase. This year, 9 month sales are Rs. 9.2 billion.
Over the same period, profit after tax has also jumped from Rs. 106 million to Rs. 358 million (2013).
Company is not included in shariah compliant stocks, however its debt to asset comes around 25% so it may be included very soon like efoods.
Worth taking a look.