VALSON INDUSTRIES LIMITED (530459) - STOCK OF THE WEEK

Dear Friends, Today we are discussing about one Textile sector company.

VALSON INDUSTRIES LIMITED (530459)

Valson Industries Limited is an ISO 9001:2008 Certified Company, mainly engaged in manufactures synthetic or artificial filament yarn, tenacity yarn (textured or non-textured), including high tenacity yarn. The Company is engaged in texturizing and twisting of polyester yarns and dyeing of polyester, cotton and other fancy yarns.

Company established its name in Polyester Texturised yarn since 1983. Today Valson is one of the leading manufacturers of Polyester Texturised Dyed Yarn and Processors of Cotton and other Fancy yarns in India with Customers having diverse uses. Quality Products and Services has been company’s top most priority and after continuous research and efforts, Valson have ventured into the dyeing of various qualities of yarns.

PRODUCTS

Valson Industries Ltd offers their Customers innovative and value-added quality products backed by all-round support services. This philosophy has also reaped handsome dividends

They are as under:

100% Cotton Yarns of all counts

Polyester Cotton Yarns

Polyester Viscose, Staple Viscose

Air Texturised yarn for Automotive Industry

Polynosic / Polyester Polynosic

Nylon / Cotton Nylon Yarn

Polyester Wool

Chenille Yarns

Flex Yarn / Lyocell Yarn

Micro Polyester Yarns

100% Spun Polyester Yarns

Sewing Thread Yarns

Embroidery Bright Yarns

Tencil Yarn / Modal Yarn

Valson  have in – house quality control, assurance & testing department. This helps to prove the raw material & products range with dignity & confidence.

DE Report: DE report is generated for each production batch and check the shade continuity with standard shades.

Hose Knitting: Single end hose knitting machine is used to compare production shade with customer’s standard shade.

Washing Fastness: washing fastness machine is used to verify washing fastness of each and every batch.

Rubbing fastness: Dry and Wet rub fastness is checked with Digital Crock meter.

Light Fastness: Light fastness is checking.

ALLICATIONS

Applications of the company’s products are in all fields including Upholstery, Suitings, sarees, luggage, Labels, Automotive fabrics etc.

                              

Company website: Clickhere

FINANCIALS AND OUTLOOK

Company shares are trading in BSE. Promoter holding in company 60.91%

Company posted 26.85 Cr top line in June Qtr.

Net profit is 0.63 Cr bottom-line in June Qtr.

Stock is trading low PE compared to industry & its major peers.

Book Value: Rs 38

Debt to equity ratio is 0.18

Regular dividend

Stock is trading at Rs 32

Stock is trading below its Book Value & PE is low as compared to its peers. Company is mainly engaged in the business Textile yarns mainly from eco-friendly dyes. Company has posted moderate impressive/growth results as compared to QOQ.

As the textile sector is evergreen and products are used in technical textile segments upholstery, automotive fabrics are growing segments. This will help to grow the company in future.

Considering above stock will give decent 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”