I am studying the business: Hemant Surgical Industries Ltd. It is a 262 Cr market cap company as of today and quoting at a PE of 34 and price to sales of 2.4
Company is profitable with positive cash flow from last 3 years. As name indicate it is in business of importing and manufacturing medical equipments. Incorporated in 1989 and currently run by second generation entrepreneur. They have technical collaboration with JMS (Japan) and initially importing the equipments and selling in India 
but now they are manufacturing the products and selling and having benefitted by make in India and PLI scheme. Future is looking great and company having potential to grow further.
Opportunity is looking like a small fish in the big pond.
Currently 51% of revenue is coming from manufacturing going forward this percentage will increase further and margin will also improve in this process.
Some key financials:
ROCE: 45%
ROE: 41%
PEG ratio: 0.65
Last FY sales: 109 Cr
Net Profit: 8 Cr
OPM:10%
The stock is listed in BSE SME platform and trading in lots, lot size: 1600