Sunday, June 19, 2011

VIKRAM THERMO (INDIA) Ltd - Steady Growth









Indian  pharma industry  is growing steadily over the past many years and it it is expected to do soin future. Along with the sales of big pharma companies , some allied products manufactures  are also showing decent growth.Vikram Thermo is such a company.It is a manufacturer of coating polymers used in pharma industry.Coating for tablets are used mainly for the purpose of  moisture protection, control release ( sustained release), to keep the  flavour and  taste. ..etc .Company's manufacturing facility is located near Ahmedabad with an R & D facility.Other than coating polymers  company is also manufacturing thickening agents and aromatic chemicals.Its 'Drugcoat' brand is one of the well accepted brands in this industry. Company is showing steady growth over the past many years .In FY 2011 , Vikram posted a turnover of Rs.32 Cr v/s Rs.21 Cr and a net profit of Rs.3 Cr v/s Rs.2 Cr. On an equity base of Rs.5.58 Cr ,full year EPS is Rs.5.4/- .It is also a regular dividend payer too.It is a stock to watch for low risk takers aiming steady growth and reasonable dividend yield . CMP is Rs.25/-

16 comments :

  1. please write your views on Suzlon Energy & Mercator lines.

    Thanks in advance

    ReplyDelete
  2. Suzlon is only for investors with extra patience .Not tracking Mercator

    ReplyDelete
  3. Dear value,
    thank for the blog. Do you track Suprajit engineering? Is it a buy?

    ReplyDelete
  4. sir after your recommendation, sah had touched rs.40. whats your current opinion on sah petroleum for longterm?

    ReplyDelete
  5. valuepick,
    Huge sell-off in Orchid Chemical toook it to 52 week low. I read on MMB that sell-off of 10lakh share in Orchid by CITI. Will u advice to buy into it for long term

    ReplyDelete
  6. Dear Sir
    Market is taking plunge down.So it is time to accumulate gud stocks.Will you please post a list of gud stocks from your published stocks to be accumulated now?is it gud to buy stocks like orchid chemicals,otpo circuits,jubilant foodworks etc now?

    ReplyDelete
  7. Dear Senthil
    SAH Petro is a HOLD for me at CMP .Keep an eye on crude price from where it derives its raw material

    ReplyDelete
  8. Dear Sameer.

    I have firstly recommended orchid @ Rs.161. No doubt about the quality of the company. So it is a BUy upto Rs.220 for me . Two factors to watch in Orchid is the developments in FCCB redemption and further equity dilution chances.

    ReplyDelete
  9. Prithuvi

    will do it in near future

    ReplyDelete
  10. Dear valuepick, any views on Kerala Ayurveda. Promoters just dont have good background but they have great background. But nothing impressive in their financial statements. Recently Tata GB signed MOU with them. *********Will it be game changing?********* Seems like their US businesses have been culprit.

    ReplyDelete
  11. Hello sir,

    Can you please share your views on Shirpur Gold Refinery. You had mentioned in an earlier post that it can turn out to be a multibagger. Do you still hold those views? Thanks.

    ReplyDelete
  12. Kuheli

    Really a difficult question to answer

    ReplyDelete
  13. I have mentioned in my old post that shirpur is a long term story and only for brave hearts willing to take high risk - no change in my views on it

    ReplyDelete

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