2.5 TIMES RETURN - BNR UDYOG

Dear friends, I have published BNR UDYOG  at 14 Rs levels. Stock is now trading at 43 levels.
More than 2.5 times returns. 

WHATELSE INVESTORS WANT!!!!!

This has been published in my old blog.Now I am writing in this blog only.
Oldpost

FRONTIER SPRINGS LTD (522195) - VALUE STOCK

Today I am expressing view on one Automotive sector stock.

FRONTIER SPRINGS LTD (522195)

Established in 1981, Frontier Springs Ltd. started with the production of Leaf Springs and Laminated Bearing Springs for Automobiles and Railways. Steadily as the railways modernized, so did Frontier and within a few years had expanded company's plant to accommodate the high demand for Coil Springs for wagons, coaches, and locomotives for the Indian Railways and many more clients.

Frontier team can design springs using design software by Institute of Spring Technology, Sheffield as per the specifications given by the clients, they been preferred manufacturers for the following springs with the Indian Railways

• Springs for LHB Coaches
• Suspension Coil Springs for Freight Stock
• Suspension Coil Springs for Coaching Stock
• Suspension Coil Springs for Diesel and Electrical Locomotives (EMD, WAG 9, WAG 7, etc.)
• CLH and VLH Coil Springs for Power Sector (BHEL)
• 
  
• Frontier Springs Ltd. comprises three different units all working in synergy to fulfill the demands of clients and also developing new products periodically. 
• 1. Spring Division - In Kanpur, Uttar Pradesh and Paonta Sahib, Himachal Pradesh
• 2. Forging Division - In Kanpur, Uttar Pradesh
• 3. Colour coated roofing sheet Division - In Paonta Sahib, Himachal Pradesh

MAJOR CLIENTS:

• Indian Railways

• Chittranjan Locomotive Works
• Diesel Locomotive Works
• Rail Coach Factory
• Integrated Coach Factory
• Bharat Earth Movers Limited
• Vehicle Factory, Jabalpur(Defence)
• Bharat Heavy Electricals Limited (BHEL)
• Texmaco Limited
• Simplex Casting Limited
• Crompton Greeves Limited
• National Thermal Power Corporation
• Besco Ltd.

1. Spring Division.

Frontier is manufacture of Hot Coil Springs supplying to Heavy Engg. Industries, O.E. Manufacturers in India & Abroad in order to obtain better space utilization, more fatigue and weight reduction, different type of Coil Springs are manufactured at Frontier. 

Range of Coil Springs varies from 10 mm wire dia to 65 mm wire dia with maximum free height upto 1000mm. 

Variable Load Rate as well as fixed Load Rate Coil Springs are manufactured by high quality Chrome moly and Chrome Silicon Steel Rods duly crack detected and Epoxy Powder Coated.

2. Forging division

Frontier manufacturers many forged parts used in railways.

3.Colour coated roofing sheet division 

This is mainly for Indian railway wagons.

Research and Developement

The high level of quality attached to all the products is the result of careful planning and scrupulous testing of the process and an integrated quality assurance system.

Severe directives regarding the methods, procedures bound by strict regulation, qualified testing and above all the dedication by top management to pursuing quality assurance objectives ensure that the customer is supplied with a gauranteed and certified product.

Company posted 12.5Cr top line in the Dec qtr with 11% OPM and 0.5 Cr bottom line. Company trading at very low 10.5 PE where as industry PE is 24.Promoter holding in the company is 51%.

Govt spending and more focus on Railways and defence sector is huge positive for the stock.

Stock is trading in BSE at Rs 53.

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”

DAIKAFFIL CHEMICALS INDIA - NEXT MULTIBAGGER ?

Today I am expressing my views on one speciality chemical stock.

DAIKAFFIL CHEMICALS INDIA LTD

DAIKAFFIL CHEMICALS INDIA LIMITED is a chemical manufacturing Company established in 1992.Company come a long way since and established a name in the chemical industry. Other than the production of chemicals, which after processing becomes a part of everyone's day to day life, Daikaffil entered the consumer arena in 1995 by converting into a Public Limited Company. Today, it has a subscribed capital of Rs. 60 Million having more than 3000 share holders, including Foreign Collaborators, Financial Institutions, Body Corporates, Non - Resident Indians and Indian public.

DAIKAFFIL has a production facility in Tarapur. The unit was established in 1992 and from a small turnover of about 1 crore that year, the unit has achieved higher sales in the range of Rs. 10 crore, with reasonable profits and reserves in the last ten years.

The main objective of the unit is to produce quality Intermediates, mainly for exports with the technical help from the overseas collaborators, so as to create cost advantages for all our customers, establish trust and confidence as a reliable sourcing unit.

In the year 1993, we at DAIKAFFIL came across the Japanese Technology. We realised the benefits of using it which resulted in low input costs as well as manual labour in the area of production and automation respectively. Hence, we decided to venture into collaboration with them, on terms of transparency, trust and full co-operation from both sides.

Besides, in all the range of production lines, the Japanese have not only provided technology free of any costs, but had agreed to buy-back certain quantities of our production for their valued clients, since the quality of the products were directly under their supervision and control. This way both the companies have been able to establish their names in the International Markets.

PRODUCT RANGE

The main products are various types of Stilbene Derivatives, Optical Brighteners for Textiles / Paper / Detergent Industries, Naphthol Grounders for Pigments and Intermediates for Pigment Red 170.

DAIKAFFIL is a large producer of OPTICAL BRIGHTENING AGENTS - OBA's, broadly used in the Cellulosic Fibers, Pulp and Paper, Detergent and Soap. The present range consists of FB 24, 71, 86, 90, 113, 134, 220 and 357, chemically known by C.I. generic names. These are generally similar to European Brands, such as UVITEX of CIBA, BLANKOPHOR of BAYER and LEUCOPHOR of CLARIANT.

MAJOR CLIENTS

Major clientele includes established names in the industry like Clariant, KIWA, ERCA spa, DAIKA (Japan) and many more.

Company is listed in BSE, trading @ Rs 75.

In Dec qtr 16, company posted topline of 7.2 CR with 0.9 CR bottomline.Operating margins is 18.5%.

Company is trading at very low PE of 11where the industry PE is around 26!!!!

As the company is manufacturing products for booming sectors like paper & pulp and other intermediate chemical sector, it will perform much better in short to medium term.

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”

PHYTO CHEM INDIA - GEARING UP

Today I am expressing my views on one Agrochemical company.

PHYTO CHEM (INDIA) LIMITED was established in 1989 and is into the business of manufacturing & marketing of pesticides for agriculture sector. Phyto Chem is presently carrying on the business in two segments i.e. Pesticides Formulations and Real Estate Activities. The Company has started the activities by manufacturing various pesticides formulations and the products are well accepted by the farming community. The Agro based industries have great potential in India. Pesticides which are used in Agriculture have great role to play. No matter how industrially advanced the world gets, agriculture will always retain its pre-eminent position all over the world, especially in India & Asian Countries. The Company’s mission is to make available the latest and best in pesticides for farmer’s benefit and to strengthen the hands of farmer’s. To make sure their toil and hard work doesn’t go waste. And to bring about harvest that yield prosperity to the sons of the soil. The Company’s philosophy that has led to go all out is to support, encourage and reinforce the spirit of those who plough, sow and reap the munificence of the fertile land. Company is also engaged in real estate business in a small way.        Company promoter holding is 39%, stock trading PE less than the peers.Phytochem has reported 11 cr top line in the Dec qtr with 0.52 Cr bottom line with close to 10% OPM. Stock is trading in BSE at Rs 76 levels.As the govt boost to agriculture sector will be positive for the company.   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”

HINDUSTAN ADHESIVES - GROWING BIG

Today I am expressing my view on plastic product related company.

HINDUSTAN ADHESIVES LTD (514428)

This is Bagla group company, mainly in the business of Packaging Tapes,Convenience Tapes,Security Tapes and Pololyfin Shrink films.

Established in 1988, Bagla Group ventured into manufacturing products for the fast growing Packaging Industry with establishing Hindustan Adhesives Limited - A Specialty Adhesive Coating Company with the then latest technology of Acrylic emulsion based coating and Hot Melt Adhesive coatings.

The Company is the only integrated producer of Adhesive Tapes having the specialized Double Bubble Film technology for producing specialized BOPP Adhesive Tapes with both Acrylic and Hot-Melt technology. It also has multiple printing equipments, slitting and spooling facilities to make many value added import substitute products for both the domestic and international markets. The Company also produces many types of specialty tapes like Filament Tapes, Carry Handle Tapes, Tear Tapes, Tamper evident Tapes and many more!

Company has adopted Double bubble process Technology for shrink fims.

Advantages:

1. The Double Bubble film has a very High tensile strength allowing it to carry heavier loads
2. The Double Bubble film has a balanced orientation giving the film equal strengths in all directions.
3. The Double Bubble film has excellent clarity and optical properties thereby allowing 100% visibility of the packaged product!
4. The Double Bubble film can be efficiently customized with recipe controls for quick change over to give every customer their own personalized product!

Shrink Machines,mainly model of Pratika is one of the good shrink machines from the company.

Company posted 18 Cr in the Dec qtr with 15% operating margin & 0.34Cr bottom line.

Promotor holding is 64% in the company.Stock is trading in the BSE @ Rs 75 levels.As the packaging industries are growing fast due to the e-commerce & online shopping business, Hind adhesives has potential to grow.

Company is trading at low PE around 10 as compared to its peers.

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”