AXTEL INDUSTRIES LTD:

An Engineering co available  for peanuts

Q4 Sales 32 cr vs 21 cr in corresponding period of previous year (50% rise)

Q4 PAT 6.73 cr vs 1.63 cr in corresponding period of previous year(up 400%)

Normally, Q4 of AIL is peak quarter

FY16 Sales 67 cr vs 40 cr in FY15

FY16 PAT 4.80cr vs 7.54cr LOSS in FY15

AIL is engaged in production and marketing of processing
equipments/machineries for FOOD PROCESSING and PHARMA Industry.
Hence, has huge growth potential.

FY17E Sales 90 cr    PAT 7.50 cr

FY18E   Sales   120 cr  PAT  12 cr

Stock can be in 3 digits in next 18-24 months. However, problem is
that due to BSE Fatwa, stock price is frozen at 26.30. In short term,
price cannot rise beyond 26.30. However, investors who can hold the
stock for 12-36 months should try to buy for big big appreciation.  An
engineering company (with clientele in highest growth industry of food
and pharma) available at market cap of just 40 crores