Wednesday, July 20, 2011

WPIL - Worth a Look





WPIL is a Kolkata based manufacturer of various type pumps for sectors  like Irrigation,Mining,Water , waste water treatment..etc.What is unique for this company is that WPIL is the only company ( through joint venture) in India having expertise to manufacture certain type of pumps used in nuclear and thermal power plants.Earlier this company was with BN Khaithan group and in 2006 they completely exited from this company.The new owners( Hindustan Udyog group) have taken many steps to improve its performance thereafter.Some important acquisitions and some strategic alliances are already made in this direction.Company's joint venture with Clyde Union Pumps for manufacturing special pumps for  thermal plants and  nuclear power plants is expected to bring good business in future . In another important buyout ,WPIL recently acquired UK based  ' Mathers Foundry ' which makes  steel castings used in equipment for the oil and gas,nuclear, paper, chemical and power generation sectors .Mathers is the sole manufacturer of castings in the ZERON range of Super Duplex alloys . ZERON is a  super duplex stainless steel (with  high strength and  corrosion resistant ) that resists all forms of corrosion attack in seawater service.WPIL's thrust in waste water treatment , mining and power plant related pumping systems creating special attention among many other pump makers. After the change in management control company is showing steady growth. For the last FY , WPIL posted a turnover of Rs.220 Cr and a net profit of Rs.15.7 Cr.On an equity base of Rs.7.9 Cr EPS was Rs.20/- .Another encouraging factor is the aggressive open market purchase of promoters in the recent past .  CMP is Rs.187/-

23 comments :

  1. DEAR VALUEPICK,

    Is aries agro a good pick at current level.Any reason for the fall in price from pick level.
    regards,

    ReplyDelete
  2. Hi!value pick,
    your comment on on parekh aluminex

    ReplyDelete
  3. hi what is your opinion about anik industries

    ReplyDelete
  4. what is your view on Flex Foods ??

    ReplyDelete
  5. Nothing wrong in Aries ,as far as my understanding

    ReplyDelete
  6. Dear Sivakumar

    I am not tracking Parekh Aluminex

    ReplyDelete
  7. For the past many years , there is no growth in the business of Flex Foods.

    ReplyDelete
  8. KINDLY PROVIDE YOUR LATEST VIEW ON KILPEST

    ReplyDelete
  9. Should i buy DCB?

    ReplyDelete
  10. Hi Value Pick,

    Can I have your valuable advise on Canara Bank. I purchased @ 590.00. Is it worth holding.

    Thanks
    Menon

    ReplyDelete
  11. Dear Valuepick,

    Can I book profit on Puneet Resin or wait ?

    Regards,
    Ashish Patel

    ReplyDelete
  12. Hi Valuepick,

    your recommended stock La Opala has moved up significantly, should one book profit at these levels or continue to hold? Also whats yout take on Southern Ispat and Energy. Can i buy it at current levels? Please advice.

    ReplyDelete
  13. Dear Valuepicks jee,

    I have about 100 shares of AVT Natural at 177,after seeing the recent results i want to add more,the stock is at about 400 levels,should i buy now or wait for dips?

    Regards,
    Sachin

    ReplyDelete
  14. No chnage in my previous views on Kilpest

    ReplyDelete
  15. Dear Menon

    I am not tracking Canara bank.sorry

    ReplyDelete
  16. Dear Ashish

    Book part profit in Puneet Resins

    ReplyDelete
  17. Dear Amit

    HOLD La o Pala, not tracking Southern Ispat

    ReplyDelete
  18. dear value picks

    can i buy jpinfra at 47 level for 2-3year



    regard's
    kirti bissa

    ReplyDelete
  19. Dear Value pick,

    Your comment on N.r.agarval industries and
    N C L industries

    ReplyDelete
  20. Dear Sir,

    WPIL made a high of 442, now it is trading at arround 365, can you advise, can it be bought again at this levels back.

    Regards,
    Aajay

    ReplyDelete

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