Cenlub Industries is one of the India’s largest manufacturer of
Central lubricating systems. Company is manufacturing central
lubricating systems for machines used in industries like sugar ,
power, steel ,cement and also for Railways ,trucks,and Excavators.
All well known names in these sectors are customers of Cenlub.
Company is in the final stage of the commercialization of the wheel Flange
lubrication system for locomotives ,which is expected to bring big
business for company from railways. Since there is rapid growth in
industrialization in India ,company’s products having bright future
. Even if it is a small company at present ,it is a niche one having
decent potential .For the full year ended March 2010 company posted
a turnover of Rs.18 Cr and a net profit of Rs.1.8 Cr which translates
into an EPS of Rs.2.9/-. Promoters are heavily buying from the
open market .One may add Cenlub which is currently trading around Rs.20/-
