On almost every financial parameter this is a solid scrip. The ROE is climbing steadily for the last three years and now stands at 39.75% If you break up the ROE, net margins are at 39 %, asset turnover has increased to 1.37 and the equity multiplier is at .73 vs .8 three years back. The Return On Capital Employed has climbed from 20 % five years back to 40% today. The Operating cash flow stands at 161 Crores vs 57 crores five years back. Total Debt has come down from 27 crores five years…
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