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MultiBagger Stocks


AMBICA AGARBATHIES & AROMA INDUSTRIES Ltd

Multibagger stock recommendation date : March 29 2010

CMP:12.91

BSE code :532335

Price target  : 18/- (1 month) 35/- (3 to 6 months time)

Ambica Agarbathies & Aroma Indus Limited is an India-based company. The Company is engaged in the agarbathies and aroma industries. It operates under two divisions: agarbathi division and hotel business. The Company’s products include durbar bathies, incense sticks, herbal bathies, natural incense and, dhoops and cones. It also has a range of customized products. Its subsidiary is Ambica Infra Ventures (P) Ltd.

Results (in Cr.)
9-Dec 9-Sep FY08-09
Revenue 18.81 15.9 65.12
Net Profit 0.23 0.36 1.56
EPS 0.14 0.27 1.16
Cash EPS 0.6 0.82 3.21
OPM % 12.51 13.22 13.2
NPM % 1.23 2.27 2.4

 

Tide Water Oil Company India Ltd

Multibagger stock recommendation date : March 16 2010

CMP: 4,971.95

Price target for a period of 10 –12 months is Rs 7000

Tide Water Oil Co.

Tide Water Oil Co. (I) Ltd., is a part of the multi divisional Andrew Yule group that has diverse interests in Engineering, Electrical, Tea Cultivation, Power Generation, Digital Communication Systems and Lubricants.

Tide Water has been a pioneer of Automotive and Industrial lubricants in India since 1928 and has five plants at Howrah, Oragadam, Turbhe, Silvassa and Faridabad.

Its repertoire of automotive products includes engine oils for trucks, tractors, commercial vehicles, passenger cars and two/three wheelers. It also produces gear oils, transmission oils, coolants and greases for automobiles. For industrial application it manufactures industrial oils, greases and speciality products like metal working fluids, quenching oils and heat transfer oils. Tide Water has tie-ups for manufacture of genuine oils with a number of renowned OEMs in the automotive and industrial equipment segment.

The company also has technical collaboration with Nippon Oil Corporation, the No.1 petroleum conglomerate in Japan. Superior quality lubricants under the brand name Eneos are manufactured and marketed in India by Tide Water Oil

Quarterly results in brief

Dec ‘ 09

Sep ‘ 09

Jun ‘ 09

Mar ‘ 09

Dec ‘ 08

Sales

168.82

140.86

174.10

135.58

141.38

Operating profit

22.46

20.63

24.28

8.99

10.75

Interest

0.18

0.18

0.28

0.11

0.84

Gross profit

23.81

21.12

24.88

14.29

10.49

EPS (Rs)

166.78

150.69

181.38

88.21

59.86

Quarterly results in details

Dec ‘ 09

Sep ‘ 09

Jun ‘ 09

Mar ‘ 09

Dec ‘ 08

Other income

1.53

0.67

0.88

5.41

0.58

Stock adjustment

0.32

-4.10

3.06

8.84

12.07

Raw material

89.34

73.26

85.93

76.06

67.87

Power and fuel

-

-

-

-

-

Employee expenses

6.24

5.74

5.73

4.79

5.42

Excise

-

-

-

-

15.35

Admin and selling expenses

-

-

-

-

-

Research and development expenses

-

-

-

-

-

Expenses capitalised

-

-

-

-

-

Other expenses

50.46

45.33

55.10

36.90

29.92

Provisions made

-

-

-

-

-

Depreciation

1.80

1.13

0.98

1.11

0.79

Taxation

7.50

6.88

8.12

5.50

4.48

Net profit / loss

14.51

13.11

15.78

7.68

5.22

Extra ordinary item

-

-

-

-

-

Prior year adjustments

-

-

-

-

-

Equity capital

0.87

0.87

0.87

0.87

0.87

Equity dividend rate

-

-

-

-

-

Agg.of non-prom. shares (Lacs)

6.42

6.30

6.30

6.30

6.30

Agg.of non promotoholding (%)

73.67

72.29

72.29

72.29

72.29

OPM (%)

13.30

14.65

13.95

6.63

7.60

GPM (%)

13.98

14.92

14.22

10.14

7.39

NPM (%)

8.52

9.26

9.02

5.45

3.67

Price target for a period of 10 –12 months is Rs 7000

 

Sumeet Industries Ltd.

Multibagger stock recommendation : 1/03/2010

  • CMP 20.8

Sumeet Industries Limited. The Group’s principal activity is to manufacture yarn. The products of the Group include synthetic yarn, polyester fabrics and menthol products. The Group mainly producing Polyester Filament Yarn, Polypropylene Multifilament Yarn, Texturised Yarn, Weaving fabrics and Menthol products. It exports Polyester and Menthol products to South Africa, Bangladesh, Egypt, Nepal, Saudi Arabia, China and Singapore.

They had excellent Q3 and have brilliant business expansion plans

Recently the Company has informed BSE that about as follows:

1. The Company has received export order for Polyester Chips of Rs. 20.00 Crores from Egypt.
2. The expansion for enhancement of capacity of production of POY and FDY project is at the final stage of completion and all equipments are under trial run and expected to start commercial production shortly.

 

Price target for a period of 10 –12 months is Rs 50

 

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