Dear Investor friends, Today i am expressing my view on Agriculture product company.
CHAMAN LAL SETIA EXPORTS LTD (530307)
Chaman Lal Setia Exports Ltd was established back in 1974 in Amritsar in
Punjab and went on to become one of the largest manufacturer-exporter of
basmati rice. Founded on the core principles of integrity, trust, honesty and
fair dealings. Company’s flagship brand "Maharani"
basmati rice is one of the most trusted basmati rice company in India due to
its honest dealings and fair business practices. Chaman Lal Setia Exports Ltd
grew as its Maharani basmati rice gained popularity for its distinguished
flavor and taste.
The company started its exports in 1982 and got recognized as an export
house by Ministry of Commerce, Govt. of India in 1989. Over a period of time,
company upgraded ourselves a Star Exports House. Company marked its presence in
a number of states in India also constantly evolving to reach more and more
states. In the international market, it is exporting rice to more than 70
countries across the world in the Maharani brand or under the private labels of
the customers.
Chaman
Lal Setia Exports has a modern, state of the art, rice milling and processing
unit in Karnal, Haryana. Processing is carried out under carefully controlled
conditions. From selection of raw paddy from farms to the final packaging, each
step is covered by a set of quality parameters implemented by our experienced.
PRODUCTS
Company products include the famed Maharani brand basmati rice,
non-basmati rice and innovative rice as well as exclusive, hand-picked
varieties that appeal to connoisseurs. Its exclusive range features flavored
rice and rice for diabetics. Company know rice like no one else and offer it in
a way no other manufacturer can.
Maharani Basmati product range
In this product Range Company manufactures majorly 3 variant.
1.
Mithas Basmati Rice
2.
Begum Basmati Rice
3.
Nezzah Indian Basmati Rice
Non – Basmati Products
Here in this segment Company products are sold under the brand name of
Green world aromatic rice.
Innovative product range
This is the most growing fast segment of the company. As the health conscious
of the users are more, company offers products for Diabetics. It's a specially processed parboiled rice with low G.I.
(Glycaemic Index). Company product is based on scientific knowledge, creating
the perfect grain. This segment use special cultivars and process to create low
G.I. level rice. This makes the rice suitable for consumers when used in
moderate quantity meal of cooked rice.
Another range in this segment is Bhathi Sella Rice ( Roasted Parboiled Rice) which sustains the nuturion value of rice.
Company website: Clickhere
FINANCIALS AND OUTLOOK
Company shares are trading in BSE.
Promoter holding in company 74.7%
Company posted 136.9 Cr top line in
March qtr.
26 % growth QOQ basis (136.9 Cr against
108.1 Cr)
Net profit is 8.41 Cr in the March qtr.
27 % growth QOQ basis (8.41 Cr against 6.63
Cr)
Stock is trading low PE 13 as compared
to industry PE of 28
EPS 7.44
Company is reducing debt.
Regular dividend paying company
3 year ROE : 33%
Stock is trading at Rs 97.
Company is trading PE is low as compared
to its peers and reducing trend of debt.
Company’s products are having a huge
demand in both domestic as well as international markets. Company’s new
Innovative and value added products are with good market share is a positive
for the company. Company has performed consistent growth of over 40% over the
past five years. By considering above, this stock will give handsome returns to
the investors in a days to come.
NOTE
: THE ABOVE IS NOT A RESEARCH REPORT NOR A RECOMMENDATION BUT INFORMATION
AS AVAILABLE ON PUBLIC DOMAIN.
Registration
status with SEBI: I am not registered with SEBI under the (Research Analyst)
regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an
opinion concerning securities or public offers only through public media is not
required to obtain registration as research analyst under RA Regulations”
Dear sir, Thank you for the pick
ReplyDeleteSir, your picks are awesome. I have made good profits from your recent calls like PBM POLY, VIPUL ORGANICS etc. What is your view on KRBL o same segment
ReplyDeleteKRBL is also good stock, but if you see the track record of profit growth Chamanal given more profit growth(44%) than KRBL(27%)
DeleteSir, I have came across your blog recently.All are good stocks. Monday I will buy Chamanal for long term.
ReplyDelete