vishnuvega
05-12-2007, 06:24 PM
Company to get good benefit from restructuring action taken by management in last two year.
The Company has installed a 12 MT/Hr Coal fired boiler at the Roha plant and a 6 MT/Hr unit at Lote Parshuram. The cost of steam is going to reduce significantly and the pay back for the units is expected to be less than two years
The focused investment in Energy Conservation saw installation of two new Screw Compressors in the Sulfex plant and in the Refrigeration Systems. There is a substantial saving in the specific energy consumed since the installation of these units.
The transfer of marketing of agri-inputs which was a part of Environment and Bio tech Division in the previous year will enable the Company to conserve its resources and help improve the profitability.
kukku
The focused approach by the Company to grow in the export market has started giving results and the exports have grown by about 25% from Rs.43 Cr in 2005-06 to Rs.53 Cr in 2006-07. The Company, through stretched efforts was able to meet sudden increase in the requirement of the herbicide for export efforts of the customer. The Company was also able to secure the orders for supply of a new monomer for export. outlook in current year is encouraging.
Certain high value pharmaceutical intermediates under development currently may be sold regularly from the pilot plant in the Company. The division management is working on presenting an improved performance for the 2007- 08.
The Company has closed down the operations of manufacturing Organic Manure at its Vijaywada Unit as the same were not commercially viable. company may utilize this surplus land to take benefit of booking real estate market.
Company expected to earn lease rental of around rs 1.25 cr to 2 cr in next year from its jogeswari unit AT MUMBAI. There are indications of redevelopment of one of its building which likely to generate good income over next few years.
Company has reported good turnaround by reporting net profit of rs 2.4 cr on small capital of rs 5.4 cr in spite of some provisions.
investors are advised to add this stock on reactions around 60/62 levels for good long term growth.
stock is consolidating between 55 to 69 levels. sustained closign above these levels likely to push up the stock to 125 levels over next 6/8 months time.
risk factor- The strengthening of the Indian Rupee towards the end of last financial year will weaken the gains of export efforts. There is an early perception of a slow down in the US economy which may affect our exports to that region.
The Company has installed a 12 MT/Hr Coal fired boiler at the Roha plant and a 6 MT/Hr unit at Lote Parshuram. The cost of steam is going to reduce significantly and the pay back for the units is expected to be less than two years
The focused investment in Energy Conservation saw installation of two new Screw Compressors in the Sulfex plant and in the Refrigeration Systems. There is a substantial saving in the specific energy consumed since the installation of these units.
The transfer of marketing of agri-inputs which was a part of Environment and Bio tech Division in the previous year will enable the Company to conserve its resources and help improve the profitability.
kukku
The focused approach by the Company to grow in the export market has started giving results and the exports have grown by about 25% from Rs.43 Cr in 2005-06 to Rs.53 Cr in 2006-07. The Company, through stretched efforts was able to meet sudden increase in the requirement of the herbicide for export efforts of the customer. The Company was also able to secure the orders for supply of a new monomer for export. outlook in current year is encouraging.
Certain high value pharmaceutical intermediates under development currently may be sold regularly from the pilot plant in the Company. The division management is working on presenting an improved performance for the 2007- 08.
The Company has closed down the operations of manufacturing Organic Manure at its Vijaywada Unit as the same were not commercially viable. company may utilize this surplus land to take benefit of booking real estate market.
Company expected to earn lease rental of around rs 1.25 cr to 2 cr in next year from its jogeswari unit AT MUMBAI. There are indications of redevelopment of one of its building which likely to generate good income over next few years.
Company has reported good turnaround by reporting net profit of rs 2.4 cr on small capital of rs 5.4 cr in spite of some provisions.
investors are advised to add this stock on reactions around 60/62 levels for good long term growth.
stock is consolidating between 55 to 69 levels. sustained closign above these levels likely to push up the stock to 125 levels over next 6/8 months time.
risk factor- The strengthening of the Indian Rupee towards the end of last financial year will weaken the gains of export efforts. There is an early perception of a slow down in the US economy which may affect our exports to that region.