Albright and Wilson Chemicals(AWCIL) is part of € 5,226 million world chemical giant Rhodia group .
Rhodia UK holding about 73 % stake in its small equity of Rs.3.37 Cr.AWCIL is manufacturing various type of Surfactants used in home and personal care industry.Using the strong network of Rhodia AWCIL is exporting its products to various countries.Company had two units ,one in Ambernath and other in Roha.In 2008 company suspended the manufacturing activities of its Ambernath plant and in 2010 it increased the capacity of Roha plant.Land at Ambernath is now up for sale.Last year company posted a loss of Rs.23 Cr mainly on account of retirement compensation for the employees of Ambernath plant (Rs.10 Cr) ,depreciation of Rs.5 Cr and an interest payment of Rs.2 Cr. On sale of Ambernath land company can repay the loans and deploy the balance in the business. Based on the revival in FMCG industry both in India and abroad company started showing some improvement in its performance.AWCIL's financial year ending is in December .For the FY 2010,company posted a turnover of Rs.164 Cr( Rs.98 Cr) and a net loss of Rs.3.69 ( loss of Rs.21 Cr) . With the strong support of Rhodia,expanded capacity utilisation,possibility of debt free status in near future and a revival in product demand - AWCIL is expected to turnaround in near future . Possibility of a de listing offer can't be ruled out. Investors with some risk can consider AWCIL which is currently quoting around Rs.185/-
i fully agree with this report as i was associated with AWCIL.
ReplyDeletenow its turnaround time for the company.
what is your opinion about Sunshield chemicals ?
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ReplyDeletePLZ SUGGENST @ EPC & SAB TV PROFIT BOOKING TIME?
ReplyDeletePlease do some homework and take a decision according to each ones risk profile.
ReplyDeleteANy idea about what research you have done for LAnd size and value of Ambarnath Plant ?
ReplyDeleteDear VP
ReplyDeleteGreetings!!
I recently came to know about this wonderful blog that you have been running.. Will you pls provide your valuable comments on how to select and how to manage when person like me having only limited capital to start with. I am a big zero in fundamental study and do not have any idea how to pick some of these.
Looking forward to your valued comments
Best Regards,
Atharva
It is not a question to answer in few sentences .I don't think capital is a constraint to make gains in stock market. Return is always calculated in percentage .Many of us including me started with few thousands only.
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