MAHALAXMI RUBTECH LIMITED (514450) - PORTFOLIO STOCK

Today I am expressing my view on on one Technical Textile stock.

MAHALAXMI RUBTECH LIMITED (514450)

Mahalaxmi RubTech (MRT) is a part of the Mahalaxmi Group of Industries, a corporate conglomerate active in the manufacture & export of Textiles, Dyes, Pigments, Auxiliaries and Synthetic Rubber / PU-Coated Fabrics.

The Mahalaxmi Group has founded its business on a corporate philosophy of blending conventional and modern technologies, to produce ideal manufacturing solutions. And its industrial vision is truly transnational – in technology, perspectives, networking, and service ideas.

Mahalaxmi Rubtech Limited is headquartered in Ahmedabad, India. It has the technological expertise and the manufacturing capacity to produce blankets of lengths up to 426 feet, and widths up to 3,700 mm.

PRODUCTS

1. OFFSET PRINTING BLANKETS

IMPRINT range of Offset Printing Blankets are specifically designed by integrating the three technologies required to manufacture offset printing blankets i.e. textile technology. rubber technology and process technology. under one roof. Since we have years of experience in the manufacture of textile printing blankets & rubber coated fabrics. we are able to provide offset printing blankets that are exceptional in quality alongwith consistency and durability that is incomparable.

IMPRINT Offset Printing Blankets are manufactured using latest production techniques at our advanced manufacturing facility. Our on-house fabric weaving facility and enormous experience in the textile industry gives us a competitive edge.

Not only do Company make their own fabric that is specially designed, engineered and created with innovative fabric constructions but also manufacture the rubber compounds needed. Company have also developed unique processing techniques used in the manufacture of Offset Printing Blankets. Thus, ensuring that the printing performance is dependable and uniformly consistent.

2. TEXTILE PRINTING BLANKETS

Mahalaxmi Rubtech Limited (MRT) is a manufacturer-exporter of truly world class Rubber Textile Printing Blankets and Coated Fabrics.With a track record spanning 13 years and thousands of high-performance Blankets, MRT today enjoys a significant presence and high clientele loyalty in markets around the world.

The industrial philosophy behind MRT's IMPRESSIONS range of Printing Blankets is in fact a wish list of every Textile Printer. These Blankets meet his every need, pre-empt his every problem, and value-add his product quality in every sense of the term.

3. RUBBER COATED FABRICS

MRT coats fabrics of sizes up to 3,700 mm, and its world class technology and integrated processes ensure optimum cost-effectiveness for the consumer. Its plants feature the most stringent quality-testing laboratories and processing facilities for Elastomer (Rubber) Coated Fabrics in India, and the company backs it up with techno-consultancy.

MRT plants have the capacity to coat fabrics with a vast range of Elastomers -Chlorobutyl, EPDM, Fluoroelastomer, Hypalon (Du Pont), Naural Rubber, Neoprene, Nitrile, Silicone, Urethane,etc. These coatings can be executed on Base Fabrics such as Aramids, Cotton, Glass Fibre, Nylon, Polyester and Silica Fibre.

Main applications includes

Air Seals

Bellows

Diaphragms

Drop Cloth

Expansion Joints

Fireproof Blankets

Flexible Ductings

Gaskets

Hovercraft Skirts

Welding Curtains

4. HYDRAULIC SEALS

MRT offers a comprehensive array of Sealing technology solutions to the global Fuid Power industry, spanning a vast range of Hydraulic applications.

The most important characteristic of MRT Hydraulic Seals is their capacity to adapt spontaneously and automatically to the working conditions, maintaining a constant sealing efficiency, minimum wear& friction.

1. Dust Seal

2. Rod Seal

3. O-Ring

4. Piston Seal

5. Wear Ring

5. AIR CELL

The Air Cell (Flexible Separator) is fitted inside a conservator tank, isolating insulating oil from the atmosphere, and thus preventing contamination of gas and/or moisture from coming into contact with the transformer oil due to oxidation and hydrolysis. The bag is vented to the transformer through flange type mounting such that it inflates or deflates to accommodate oil volume displacements due to changes in the transformer temperature.

The Air Cells are manufactured using time tested combination of Nylon (Polyamide) fabric and thick coating of Elastomers i.e. Acrylonitrile Butadiene Rubber (NBR), Polychloroprene (CR) and Hypalon (CSM). The rubber compounds are so formulated, so as to minimize separator degradation and resist leakage of air through membranes thus reducing the amount of air in the transformer oil. Over a period of time this air / gases can reduce dielectric strength and thereby accelerate the aging of the insulation system.

6. TECHNICAL TEXTILES

MRT serve high-value Technical Textiles in World-class automatic Rapier looms. The Production Plant is spread over more than 10,000 square meters with production capacity in excess of 6 million linear Meters per annum.

The Production is vertically integrated and equipped with Twisting, warping and weaving. It is also possible to offer value addition to fabrics such as heat-seating, singeing, brushing, washing, dyeing, and water/fire Retardant treatment. MRT also have ability to special treatment of stretching fibers. The process is used to decrease crimp in warp direction and subsequently to increase the module of the fibers.

Company website : Clickhere

OUTLOOK

Company shares are trading in BSE. Promoter holding in company 62.04 %. (Increased in March qtr from 57.07%)

Company posted 56.88 Cr top line in March qtr.

(QoQ increased 24.8 %)

Net profit is 0.85 Cr in the March qtr.

(QoQ increased 130 %)

YOY topline increased to 20 % (202.65 Cr vs 168.74 Cr)

YOY Net profit increased to 6% (3.29 Cr vs 3.08 Cr)

Book Value Rs 54.5

Stock is trading low PE 17.8 as compared to major peers.

Stock is trading at Rs 58.55.

Stock is trading nearly its Book value. Promoters have increased their stake in the company by issuing a warrants. This is huge positive and trust for the promoters for the company.  Company is dealing with Diversified products in the Technical textiles segment which is having good potential to grow which has been witnessed in the recent qtr performance. This stock will give multiple fold returns to investors in 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”

STELLAR RESULT - FRONTIER SPRINGS

Dear friends,

                        We have discussed FRONTIER SPRINGS LTD stock months back. Company posted stellar Results. Stock appreciated 20% in today's trading session.

Net Sales - YOY      +19.5% ( 48.75 Cr Vs 40.86 Cr)
Net Profit - YOY      +More-than 300% ( 2.1 Cr Vs 0.51 Cr)
EPS 2016 -17            5.42

Old Post Here - Cickhere
Company Result- Cickhere  ( From BSE INDIA WEBSITE)

# VALUEPICKSTOCK

PRITHVI EXCHANGE INDIA LTD (531688) - STOCK OF THE WEEK

Today I am expressing view on one interesting stock from IT related Finance stock.

PRITHVI EXCHANGE INDIA LTD (531688)

Prithvi Exchange (India) Ltd is a listed public Ltd company licensed by Reserve Bank of India as an Authorized Dealer category II.

Prithvi Exchange is operating with its corporate office established in Chennai with a network of 8 branches in Chennai, one branch in Tourist Town – Mahabalipuram, three branches in Hyderabad, two in Bengaluru, and one each in Ahmedabad and Mumbai. Plans are afloat to expand its network in Kochi, Pune and Sri Lanka Shortly.

The Customer base of Prithvi Exchange includes a cream of corporate from IT industry, manufacturing units, service industry and of course individuals who travel abroad frequently on business and for holiday. In addition to it Prithvi Exchange has strong business relationship with various Banks and Travel agencies.

Prithvi Exchange deals in various foreign exchange products like buying and selling of all major Foreign currencies/ Travel currency card/Traveller cheques, TT Swift remittances to abroad, Foreign currency drafts, Foreign Remittances under maintenance etc.

Customer is always the king at  Forex desk. Prithvi Exchange provides free door step service generally to all their customers for their foreign exchange requirements.

PRODUCTS OF PRITHVI EXCHANGE

1. FOREIGN EXCHANGE

CURRENCIES :

Buying & Selling of Major foreign currency notes & coins.

TRAVELLERS CHEQUES :

Business partners of American Express Travelers cheques.

Travelers cheques of major Currencies available across the counters of Prithvi Exchange.

TRAVEL CURRENCY CARDS :

Business partners of ICICI, AXIS & HDFC CARDS.

Safe & Secure

Encash the balance amount on  return.

Available in 18 Currencies – US Dollar, Great Britain Pound, Euro, Canadian Dollar, Australian Dollar, Swedish Kroner, Swiss Franc, Singapore Dollar, Japanese Yen , UAE Dhiram, Hong Kong Dollar, Thai Bhat, New Zealand Dollar, Danish Kroner, Saudi Riyal, South African Rand & Omani Riyal

CO- BRANDED CARDS :

PRITHVI EXCHANGE & AXIS BANK MULTI CURRENCY CARDS :

A card that offers convenient, hassle-free payments to make foreign travel a memorable experience

Pay in 18 Currencies

Use single card Across the Globe

Get help with Trip Assist @ 24/7

A global emergency assistance service

Fast and Convenient

Make everyday purchases while abroad

FOREIGN CURRENCY DEMAND DRAFTS :

Want a hassle free time during admission in your college abroad ?

Now, avail the foreign currency demand drafts for your various needs such as Payment of university fees, Tuition fees, Payment for medical courses, Hotel fees & Application fees.

Demand Drafts available across the counter of Prithvi Exchange.

TT / SWIFT TRANSFER :

Foreign currency can be transferred via swift transfer / telegraphic transfer in all major currencies

BENEFICIARY RECEIVE FUNDS ON THE SAME WORKING DAY

2. MONEY TRANSFER

Money transfered made easy by Prithvi exchange by following services.

Now, receive money from your friends and family across the world at prithvi through the most reliable, transparent and safe & secure way through our partners – Western union, Money gram & xpress money !

3 . TRAVEL INSURANCE

Travel insurance is another products of Prithvi. It has a tie up with TATA AIG for this services.

Benifits

FEATURES OF TATA AIG TRAVEL INSURANCE

For individuals, Corporates, Family, Student & Senior Citizens

100% reliability

In-house Travel & Emergency Assistance service AIG-Assist in North & South America ; ISOS for rest of the world.

Presence in over 130 countries (through AIG).

Global Protection policy valid 24 hours a day, 365 days a year

Flexible – 3 Different Plans based on customers requirements.

Need no medical certification, whatever your age.

AIG Assist / ISOS: Emergency Assistance, Medical Evacuation, Repatriation across the GLOBE.

4. SPECIALIZED SERVICES

PRITHVI’S USP IS THE WIDE RANGE OF THE PRODUCTS AND SERVICES OFFERED  WHICH SATISFIES EVERY TRAVELER GOING ABROAD ON LEISURE , BUSINESS VISIT,  MEDICAL PURPOSE AND NRI’S VISITING INDIA

As the name suggests, this is special service from Prithvi, it mainly include Travel Forex on Tours and travels,student Forex,Corporate Forex services, Cash against cards etc.

5. REMITTANCE ABROAD

ANYWHERE FROM INDIA TO ANYWHERE IN THE WORLD ! Prithvi offers a host of Outward Remittance facilities to enable you to remit money abroad in a quick and secure way. Our extensive network gives you a reach to most parts of the world. Now you can send money abroad for multiple reasons like education, medical purpose, family maintenance, emigration and visa fees etc.

Prithvi offers Outward Remittance through Wire Transfer, a highly secure and efficient means to remit money abroad. We have arrangements with over 200 major banks across the globe for Wire Transfers through the SWIFT mode, which ensures secure and safe remittance to any place of your choice.

Prithvi offers Wire Transfers in 16 currencies – United States Dollar (USD), Great Britain Pound (GBP), EURO (EUR), Australian Dollar (AUD), Canadian Dollar (CAD), Hong Kong Dollar (HKD), Swiss Franc (CHF), Singapore Dollar (SGD), Saudi Riyal (SAR), UAE Dirham (AED), Japanese Yen (JPY), Swedish Kroner (SEK), New Zealand Dollar (NZD), Danish Kroner (DKK ), Thai Baht (THB) & South African Rand (ZAR)

Advantages of dealing with your favourite PRITHVI EXCHANGE:

Get competitive exchange rates

Avoid dual conversion charges

Enjoy faster & hassle- free remittances

Company Website :Clickhere

Company shares are trading in BSE. Promoter holding in company 71.95 %.

Company posted 2.59 Cr top line in Dec qtr.

Operating Margin 49.77 % 

Net profit is 0.79 Cr in the Dec qtr.

Book Value Rs 40.79

Stock is trading low PE 10.28 as compared to industry PE

Stock is trading at Rs 40.

Stock is trading below its Book value. As the Travel & Forex is next booming sector. Moreover company has tie ups with most of the major corporate for their Forex & travel solutions.

Company is dealing with Travel insurance & Cash against card facility for foreign travelers. Company enjoying operating margins more than 40% suggests the prominence of the company. This stock will turnout to be multibagger in future.

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”

ALPINE HOUSING DEVELOPMENT CORPORATION LTD (526519) - BUILDING FUTURE

Today I am expressing my views on Housing sector stock.

ALPINE HOUSING DEVELOPMENT CORPORATION LTD

Alpine Housing Development Corporation Ltd (526519) has earned a stellar reputation since 1991, for itself based on their sheer dedication to the construction of superior quality homes, which can easily be distinguished by sophisticated design and luxurious amenities. Alpine is mainly based at Bengaluru Karnataka.

Having earned the trust of several families that have made Alpine their addresses over the years, Alpine's promise and commitment continues with millions of square feet being currently under development, spurred by one single statement...

There's nothing more rewarding than being trusted for 25 years!

PROJECTS 

Completed Projects

1. Alpine ECO

At a prime location next to IT Parks along Outer Ring Road in Marathahalli, Alpine Eco consists of 650 luxury homes that are designed to offer a high calibre lifestyle. Major IT companies are also located in close proximity, including IBM, Fidelity, and JP Morgan. Within a 5 km periphery from Alpine Eco, Schools, Hospitals, Shopping Malls, and Multiplexes can all be easily accessed.

With 80% of open space, Alpine Eco is one of the Group's recently completed luxury projects. 

Location: Outer Ring Road, Marathahalli

Development Type: 2 & 3 Bed Luxury Apartments

Development Size: 7.5 Acres

Number of Units: 650 Apartments

Ongoing Projects

1. ALPINE FIESTA

Situated in the heart of Whitefield, amidst an array of Schools, Shopping Complexes, Entertainment Centres, Hospitals and Offices, Alpine Fiesta is the new standard for modern-day fun living. Designed and built with superior standards and absolutely no compromise in quality, the majority of our 2, 2+Study, and 3 BHK apartments have no-common walls. Alpine Fiesta offers world-class facilities that complement your lifestyle and make life well worth living!

Location: Hoodi Junction, Near Sai Baba Hospital, Whitefield

Development Type: 2, 2+Study & 3 Bed Apartments

Development Size: 3.5 Acres

Number of Units: 332 Apartments

2. ALPINE PYRAMID II

Alpine Pyramid is ideally located near the Hebbal Flyover, Sahakarnagar. Its convenient location, impeccable construction quality, fabulous amenities, transparency in dealings, and reasonable prices are just some of the reasons why the first phase of Alpine Pyramid was a phenomenal success. Leading from this strength, Alpine Housing is proud to present Alpine Pyramid - Phase II. A luxury development that befits your lifestyle, equipped with the same world-class amenities.

Location: Near Hebbal Flyover, Sahakarnagar

Development Type: 2 & 3 Bed Luxury Apartments

Development Size: 8 Acres

Number of Units: 418 Apartments

Just Launched

ALPINE VISTULA

Conveniently situated near Sai Baba Ashram in Whitefield, Alpine Vistula sits among a variety of respectable Schools, Hospitals, and prominent Shopping Malls. These fabulous apartments offer great value-for-money and are fully-equipped to meet all your needs. It's sprawling Clubhouse and recreational amenities include: an Amphitheatre, Health Club, Tennis Court, Swimming Pool, Kids' Pool, Cricket Pitch, Meditation Hall, Gym, Basketball Court, Squash Court, Table Tennis arena, Kids' Play Area, and is even equipped with provisions for Rainwater Harvesting Systems.

Location: Near ITPL, Whitefield

Development Type: 1, 2 & 3 Bed Residential Apartments

Number of Units: 140 Apartments

Apart from this Alpine is also in the field of Education as CSR activity of the company.

Company website : Cickhere

Company shares are trading in BSE. Promoter holding in company 73.6 %.

Company posted 4.16 Cr top line in Dec qtr.

Operating Margin 22.31 % 

Net profit is 0.31 Cr in the Dec qtr.

Book Value Rs 45.78

Stock is trading low PE 9.79  as compared to industry PE of 29.8.

Stock is trading at Rs 28.5.

Stock is trading below its Book value. As the Housing sector is started picking up and continue to grow in a rapid phase in future. The company mainly focusing on middle class family housing, as the government boost to Realty & housing sector will be a huge positive for the stock. This stock will give multiple fold returns to investors in near future.

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”