KAMDHENU MULTIBAGGER IN THE MAKING

KAMDHENU MULTIBAGGER IN THE MAKING

THIS YEAR WE WITNESSED THE GROWTH OF INFRA,REAL ESTATE,ELECTRICTY SECTOR.

THESE ARE THE SECTOR WHICH CREATED DEMAND FOR STEEL AND ITS ANCILLIARY PRODUCTS.

RECENTLY THE GOVERNMENT OF INDIA HAS ISSUED NATIONAL STEEL POLICY FOR 5 YEARS AND ITS GOING TO GIVE HUGE BOOST TO STEEL COMPANIES.

GOVERNMENT WILL FOCUS ON INFRA AND SMART CITIES FOR NEXT 2 YEARS AND MAKE HUGE EXPENDITURE OVER IT.

NOW LETS TALK ABOUT A STEEL RELATED STOCK WHICH IS KAMDHENU ISPAT CMP@115 .

KAMDHENU TMT IS THE ONE OF THE BIGGEST LARGEST TMT SELLING BRAND IN COUNTRY.EXCEPT THIS

KAMDHENU PAINTS ALSO GETTING MARKET BRAND IN PAINT INDUSTRY ACHIEVING 200 CR SALES LAST YEAR.

KAMDHENU FRANCHISEE BUSINESS MODEL MUCH SUSTAINABLE NOW AFTER DEVELOPING SUCH A BIG BRAND.

KAMDHENU HAS MORE THAN 8000 DEALERS IN MARKET .

IN 2015 KAMDHENU WON THE β€œWORLD’S GREATEST BRANS 2015 ASIA& GCC” AND AISA MOST PROMISING BRAND.
KAMDHENU LIMITED MANUFACTURES TMT BARS WHICH ARE THERMOS MECHANICAL TREATED USING THE WORLD’S LEADING TECHNOLOGY FOR HIGH YIELD

COMPANY TURNOVER INCLUDES 78% OF TMT STEEL AND 22% OF PAINTS.

KAMDHENU PRODUCTS INCLUDE

  1. KAMDHENU TMT BAR
  2. KAMDHENU SS 10000
  3. KAMDHENU WIREBOND
  4. KAMDHENU NXT
  5. KAMDHENU PLYWOOD
  6. COLOUR COATED SHEETS

 

KAMDHENU LIMITED VALUATION

SALES IN 2016 : 841 CR
SALES IN 2017 : 780 CR
SALES GROWTH : (-7%)
LAST YEAR DUE TO DEMONETIZATION AND SLOWER GROWTH IN INFRASTRUCTURE, HOUSING SEGMENT AFFECTED SALES HOWEVER COMPANY MAINTAINED ITS MARGIN.

EBIDTA IN 2015: 30.14
EBIDTA IN 2016 : 31.86Cr
EBIDTA IN 2017: 33.68Cr

EPS IN 2015 : 3.29
EPS IN 2016 : 3.34
EPS IN 2017 : 3.89

CURRENT MARKET CAP OF KAMDHENU IS ONLY 270 Cr, CONSIDERING ITS BRAND IT DOESN’T JUSTIFY IT.

IF WE SEE LAST 3 YEARS
ROCE AND ROA WHICH IS VERY IMPRESSIVE.
COMPANY IS EACH YEAR PAYING TAX OVER 30%.
IN LAST 5 YEARS CASH FLOW FROM OPERATION ALWAYS POSITIVE.
PRESENT CREDIT RATING FOR SHORT TERM FROM ICRA A2 AND LONG TERM ICRA STABLE.

CONSIDERING ITS CONSISTENT PERFORMANCE AND GROWTH OF THE INDUSTRY KAMDHENU CAN BE MULTIBAGGER IN NEXT ONE OR TWO YEARS.

FIRST MULTIBAGGER PICK PIX TRANSMISSIONS FOR BLOGGER

Multibagger pick Pix Transmissions
First given by me @65 last year.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
Pix Transmissions Ltd., is the leading manufacturer of Belts and
related mechanical Power Transmission products in India. The Company
features state-of-the-art Belt manufacturing units as well as a
completely automated Rubber Mixing facility in Nagpur.
πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯
PIX Transmissions Ltd. enjoys significant brand equity in the Power
Transmissions industry, with strong local as well global presence. The
company has overseas subsidiary operations in Europe, and Middle-East,
in addition to over 250 committed Channel Partners in over 100
countries worldwide.
ISO/TS 16949:2009, ISO 14001, and OHSAS 18001
ATEX certification from Germany, for its entire range of
fire-resistant antistatic (FRAS) Belts.
Prestigious ‘Niryat Shree’ award conferred by the President of India
for achieving outstanding performance in the Export for products
related to our Industry.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
Special awards from several Business Associations and Governmental
agencies in recognition for best Export performance, consistently for
the past several years.
(Source:Website)
⛰️ ⛰️ ⛰️ ⛰️ ⛰️ ⛰️ ⛰️ ⛰️ ⛰️ ⛰️ ⛰️ ⛰️
Financial Performance
Current market cap:184 cr
Book value
2015:106
2016 :112
2017:123
Book value growth : 16 %
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
Sales
2015:203 cr
2016:217cr
2017:236 cr
Sales Growth : 16 %
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
Ebidta
2015:35 cr
2016:33 cr
2017:49 cr
Ebidta growth: 40%
πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯
Net profit
2015 :3.45 cr
2016 : 3.66 cr
2017 : 14.7 cr
Net profit growth: 326%
πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯
Eps
2015:2.34
2016:2.38
2017 : 12
Eps growth :400%
If same rate of eps growth is maintained then we can see 20 plus eps in 2018.
πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯
Market cap to sales ration each year increasing.
COMPANY has paid 40 percent average dividend in last 3 years.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
COMPANY has generated huge reserves in last 3 years from 140 to 151 cr now.

COMPANY is increasing fixed assets which is equal to market cap from 139 to 173.
Which resulted in improvements in operation.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
Interests payment is going down each year from 19 cr to 14 cr.
Last 5 years cash flow from operations is always positive.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
PROMOTERS have 61 percent holding while INSTITUTIONAL holding negligible
πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯ πŸ’₯
COMPANY credit rating awarded A3 by care.
Last year highest traded pe was 20 but currently trading at pe of 12.
If It traded at pe of 20 then price should be 240.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
Last year highest trading price to book was 1.25 but currently at 1.07

LAST YEAR EV to EBIDTA was 7 but currently 5.5.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
COMPANY has huge client base in india as well as outside India.
Some of Big names like L&T, Tata, Reliance, Indian government also.
I am expecting Pix transmission 300 plus in 2018.
πŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈπŸ—―οΈ
DISCLAIMER :I am holding the stock

Maan Almunium means MULTIBAGGER

MAAN ALMUNIUM MY FAVOURITE

1:MARKET CAP :-45 CR
2:BOOK VALUE :-85 CR

BOOK VALUE MORE THAN DOUBLE
FROM MARKET CAP ,VERY FEW
COMPANY HAVE SUCH ELEMENT
πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦
3:SALES IN 2015 : 110 CR
SALES IN 2017 :358 CR (TTM)
SALES GROWTH 225%
🚏🚏🚏🚏🚏🚏🚏🚏🚏🚏🚏
4:- PAT IN 2015 :0.28CR
PAT IN 2017 :2.17 CR (TTM)
PAT GROWTH :675%
( NEAR DOUBLE TO SALES GROWTH)
πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦
5: EPS IN 2015 :0.83
EPS IN 2017 :7.23(TTM)
GROWTH IN EPS 771%
πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦
6: TRADE RECEIVABLE IS MORE
THAN MARKET CAP AN EXCEPTION
πŸ’²πŸ’²πŸ’²πŸ’²πŸ’²πŸ’²πŸ’²πŸ’²πŸ’²πŸ’²πŸ’²πŸ’²πŸ’²
7: IN LAST 5 YEARS INPUT COST HAS NOT INCREASED AS COMPARED TO SALES A GOOD SIGN
πŸ’ΉπŸ’ΉπŸ’ΉπŸ’ΉπŸ’ΉπŸ’ΉπŸ’ΉπŸ’ΉπŸ’ΉπŸ’ΉπŸ’ΉπŸ’ΉπŸ”«
8: MARKET CAP TO NET OPERATING REVENUE IS 0.05 VERY VERY LESS THAT MAKES VERY ATTRACTIVE
πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅
9:INVENTORY TURNOVER IS DOUBLE IN LAST 2 YEARS.
πŸ’΄πŸ’΄πŸ’΄πŸ’΄πŸ’΄πŸ’΄πŸ’΄πŸ’΄πŸ’΄πŸ’΄πŸ’΄πŸ’΄πŸ’΄
10:MOST IMPORTANT THING EQUITY IS VERY LESS,TO GET CIRCUIT LITTLE VOLUME NEEDED.
πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°πŸ’°
11:FIIS HAVE SLOWLY SLOWLY STARTED TO TAKE POSITION.
πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦
12:CURRENTLY COMPANY CURRENT ASSEST IS MORE THAN DOUBLE FROM MARKET CAP A FEW COMPANY HAS THIS CHARACTERISTICS
πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦
13:THE COMPANY HAS PLAN FOR FULL CAPACITY UTILISATION AND MORE EXPANSION PLAN.
πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·
14:COMPANY HAS BEEN AWARDED WITH NIRYAT SHREE AWARD IN MSME CATEGORY.
🚬🚬🚬🚬🚬🚬🚬🚬🚬🚬🚬🚬🚬
15:THIS YEAR ITS EXPORT GROWTH WAS 20%
πŸ”­πŸ”­πŸ”­πŸ”­πŸ”­πŸ”­πŸ”­πŸ”­πŸ”­πŸ”­πŸ”­πŸ”­
16;ALMUNIUM EXTRUSION DEMAND WILL INCREASE DUE TO UTILIASATION OF IT BY AUTOMATIVE,DEFENCE,BUILDING AND CONSTRUCTION,MARINE,INFRA SECTORS.
πŸ’‰πŸ’‰πŸ’‰πŸ’‰πŸ’‰πŸ’‰πŸ’‰πŸ’‰πŸ’‰πŸ’‰πŸ’‰πŸ’‰πŸ’‰
17:THE PER CAPITA CONSUMPTION OF DEVELOPED COUNTRY HAS 20 TO 30 KG BUT IN INDIA ONLY 1.3 KG
πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦
18:IN LAST 5 YEARS COMPANY HAS NEVER MADE LOSS .
πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅πŸ’΅
19: COMPANY HAS STRONG CLIENT BASE.
πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·πŸ’·
20:AND THE MOST IMPORTANT POINT MOST OF TIMES YOU HAVE SEEN ANY COMPANY HAVING MARKET CAP MORE THAN SALES BUT IN CASE OF MAAN
SALES IS 10 TIMES THAN MARKET CAP.
πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦πŸ”¦
AS PER SALES GROWTH
YEAR END TARGET SHOULD BE 380.

DISCLAIMER :I AM HOLDING THIS STOCK