Stock Review: Numeric Power

It is a thinly traded stock; the only negative in the stock is having a daily average turnover of about 1000 shares per day. However, if you go by the financials of the company they are the largest Uninterruptible Power Supplies (UPS) makers. For financial year ended March'11 they have posted a top-line of close to about Rs 500 crore and because of lower equity of close to Rs 10 crore they have posted a PAT of Rs 41 crore which translated into an EPS of Rs 41.
 
The company has been consistently posting good financial performance maybe with a growth of about 10%. The share is now ruling at Rs 222-223 while the book value is at about Rs 270, if I add the earnings it is likely to translate into an EPS of close to Rs 45 for FY12, it is ruling at a PE multiple of 5 and price to book of about 0.75. It is a stock for the long-term kind of investments; one cannot really expect the share to show any significant up move in the near-term of a month or couple of months. However, if somebody can keep a view of about 6-12 months time, it can give a return of close to about 50%.