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_