Even if it is a 38 year old company ,its turnover is still below 20 Cr.But this Bhopal based Pesticides and Agrochemicals company-KILPEST INDIA LTD- is growing steadily over the past few years.Sales improved from last years Rs.15 Cr to Rs.19 Cr in FY 2010.,NP also improved from Rs27 Lac to Rs.49 lac. In the small base,export also grew by 115% in last year .No doubt ,the sector in which it is operating having good potential but only time will tell whether the promoters are able to scale up the business to a respectable level.Kilpest is the producer of Pesticides
(CYPERCOT,KIDON,KILDOFAR,KILTHION..Etc) , fungicides (KILTAF,AJOMIL,BLAST..Etc) .
To align with the latest trend in agri sector ,company also started to concentrate in Biological products which include Bio Pesticides ,Bio Fungicides ,Bio Fertilizers ,Plant growth stimulators ..etc Company is now seriously exploring opportunities in Medical Genomics using Biotechnology.For this purpose ,recently company signed an agreement with Spanish company BIOTOOLS to establish a joint venture in India with 51:49 participation.This facility is indented to carryout research and development of innovative products and technologies in the clinical, molecular biology and Agfood areas. Company’s plans are very big and chances in these fields are very vast , but the past history of the promoters not giving much confidence .Only high risk takers with long term view can try with some amount with which you are ready to forget.CMP is Rs.15/-
(CYPERCOT,KIDON,KILDOFAR,KILTHION..Etc) , fungicides (KILTAF,AJOMIL,BLAST..Etc) .
To align with the latest trend in agri sector ,company also started to concentrate in Biological products which include Bio Pesticides ,Bio Fungicides ,Bio Fertilizers ,Plant growth stimulators ..etc Company is now seriously exploring opportunities in Medical Genomics using Biotechnology.For this purpose ,recently company signed an agreement with Spanish company BIOTOOLS to establish a joint venture in India with 51:49 participation.This facility is indented to carryout research and development of innovative products and technologies in the clinical, molecular biology and Agfood areas. Company’s plans are very big and chances in these fields are very vast , but the past history of the promoters not giving much confidence .Only high risk takers with long term view can try with some amount with which you are ready to forget.CMP is Rs.15/-
is suraj diamonds a value buy ?
ReplyDeleteHI VALUEPICK JI
ReplyDeleteCould you put your views on rathi steel and power ltd and sumeet industries for next qtr results and 6 months view
Dear ValuePick,
ReplyDeleteHow do you make of Sancia Global Projects (Previously Gremach) and Marksan pharma for long term? Are they worth investing, should one exit?
thank you in anticipation.
Abhi
Marksan pharma - chairman himself selling shares, why you want to buy :)
ReplyDeleteHi,
ReplyDeleteNeed your view on Karturi Global at CMP.
Is it a value buy?
Vikas
In the case of Suraj Diamond,the revival in overseas demand may offset by the unfavorable exchange ratio of Dollar -Rs.So,only may be a market performer for the time being
ReplyDeleteNot tracking Rathi steel,more than once commented on Sumeet Ind
ReplyDeleteDear Abhi
ReplyDeleteSkeptical on the management quality of Sancia ,In case of Marksans, TRY FOR better cos from pharma space than marksans
Dear Vikas
ReplyDeleteI am not strictly tracking Karuturi.A bit skeptical on it and don't think all their claims are true.Since they are planning further fund raising ,there may be some momentum .Not eligible to recommend to public,take your own risk.
Mahendra said...
ReplyDeleteDear value pick, pls give u r comment on aban offshore . As i am holdig it for higher price. Thanks in advance
Dear Mahendra
ReplyDeleteGenerally not tracking large caps
Hi, value pick good reserch you are doing, i want to know about SABERO ORGANIC is it good to buy as value pick? thanks jignesh patel.
ReplyDeleteDear Valuepick,
ReplyDeleteSir, please give your thought on Lotus Eye Care Hospital (CMP Rs.17.60 on 8th Oct.) Is it worth to enter now for good gain in short term (say six months).
Sabero Organic may be a market performer
ReplyDeleteDear Jayapal
ReplyDeleteSix month is too short for Lotus Eye Care
I WANT TO BUY KILPEST,WHAT MAY BE THE UPSIDE AND DOWNSIDE BOTTOM IN THE BEST/WORST CONDITION?
ReplyDelete