Empee Distilleries (NSE Symbol - EDL)
- At Rs149 it has a market cap of 281 Crores
- It holds 2.81 Cr shares of Empee Sugars with market value (at CMP 66) of 185 Crores
- Company made a profit of about 12 crores in Q1 FY11 (double that of Q1 in FY10) and eps of 6.2 Rs per share (non annualized and standalone).
- It had reveneues of 900 Cr in FY10
What makes it even more attractive is the high dividend yield.It has announced a dividend of 6 Rs/Share, which gives it an high dividend yield of 4% (tax free) certainly higher than your savings account which gives 3.5% yield (before interest)