This SME Stock Can be a Multibagger

Listed in June 2023, this BSE SME stock can be a multibagger as it holds some potential. To know why we are saying this, check out full story. 

The stock we are talking about is Bizotic Commercial Limited priced at Rs. 53.5 as of 2nd January 2024. 

It is a clothing retail brand for men’s fashion - Urban United. Company is running stores in different tier 2 and tier 3 cities. 

Now, let’s take a look at the fundamentals of this share: PE: 16 Market Cap: 43 Crores ROCE: 50% ROE: 55.6% Debt-to-Equity: 0.06

Why does it seem to be a multibagger?

Stock seems to be very undervalued at current levels because it is doing annual sales of more than Rs. 50 Crore and its market cap is still Rs. 40 Crore. 

Besides, company’s sales and profit growth have been tremendous. Sales have grown with CAGR of 80% and profit has grown with CAGR of 156% in 3 years. 

Currently, promoters have 70% stake and public has 30% stake in the company. 

It has huge growth potential and it can be a great investment in near future. However, investment is always subject to market risks. 

Disclaimer:  This information is for entertainment purpose only. Don’t consider it as an investment advice.