Monday, 7 March 2016

{LONGTERMINVESTORS} BROOKS LABORATORIES

Brooks laboratories is a good stock for investing for the short term period. The company has been posting flat revenues for the past 3 years. The company has been running it's contract manufacturing of medicines at 100% capacity and hence has not been able to grow it's topline. The company in the FY 2014-15 has posted a flat profit other than the interest earned on fixed deposits. Brooks has made 9.47 crores as compared to 7.23 crores. The company is expanding it's manufacturing facility at haryana to 150% of present capacity and installing another state of the art plant at vadodra in gujrat. These additions to the manufacturing capacity will aid revenue growth and the profit.

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Regards

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