Den Of Wealth:
Den Of Wealth:
AXTEL INDUSTRIES LTD:
*An Engineering co available for peanuts* Bse code 523850
9m FY17 Sales 48cr vs 35 cr in corresponding period of previous year (40% rise)
9mPAT 4.20cr vs LOSS of 1.92 cr in corresponding period of previous year _turnaround of 6 cr_
Normally, Q4 of AIL is peak quarter(Q4 FY16 had 7cr NP on 32 cr sales). _Q4FY17 can have 46cr sales and 8cr NP_
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.
*Q3FY17 Sales 18.73 vs 6.35cr*
*Q3 NP 1.16cr vs Loss 2cr*
FY17E Sales 94 cr PAT 12 cr
FY18E Sales 130 cr PAT 18 cr
Stock can be in 3 digits in next 1 month. 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 100 crores.
_Barring unforeseen, AIL can be Rs 200 in 15 months_
No comments:
Post a Comment