Sunil Healthcare Ltd

SHL is amongst the largest and oldest mfr of capsules shells for Pharma industry. For FY16, co reported 32% rise in PAT to 5.23 crores. Co can report NP of 7 cr in FY17.
Promoter holding 73%.
Low floating stock can lead to faster surge in stock price
TP 140-150 in 3-6 months

Perhaps most undervalued Textile stock:
Best Turnaround
Q4 NP 9.59cr vs 10.17 cr Loss
Q4 Sales 125cr vs 132 cr
Acrylic Fibre mfg capacity 40000 tonnes (same as Pasupati)
Promoter stake increased from 55% to 58.73%

*FY17E NP 35-38crores*

TP Rs 17,21,26

Name: INDIAN ACRYLICS LTD

*(Ganesh Benzoplast up 45% since our recommendation on Monday. Pasupati acrylic rose from Rs 15 to Rs 25-27. Now, Indian Acrylic should rise as cheapest stock in textile industry)*

*Ganesh Benzoplast Ltd*:Logistics and Chemicals Combo.    
       Co has done OTS and now on strong recovery path as it vl become debt free. With  Liquid Storage Tank at JNPT, Goa and Cochin  ports , Ganesh is pioneer in India . Co has already reported profit of 6.57 crores on eq of 5.18 cr for Q4 ALONE. Co has large tracts of surplus land where large capacities of liquid storage tanks will be created and revenues from LST division can grow 4 fold in 3 years. Further until now it's chemical division had been making losses. With chemical sector turning around in current year, GBL can post Profit of nearly 30 crores in FY17. Looks a multibagger in making. Almost riskfree.

JINDAL POLY INVESTMENT AND FIN: *CMP Rs 85 Book Value Rs 647*


JPIFL, belonging to Jindal group, is engaged in business of Investment  and Finance.

 Investment co stocks normally trade at .25-.30 Book  Value. However  Jindal Poly Investment  is quoting just 0.13%XBook  Value. Book Value is Rs 647 but Cmp is just Rs 85.

INVESTMENTS:

 Name of Company                           Amount Rs/Cr Instrument

Jindal India PowerTech                     154.10cr                  Equity

Jindal India PowerTech                     372cr
 Preference Shares

Jindal Poly Film Investment                86.65cr                    Equity


COST OF TOTAL INVESTMENTS IS Rs 616 Crores.  Equity is 10.51 Crores. Thus, value of investments works out to Rs 586 PER SHARE.

VALUATIONS AND MAIN TRIGGER:

1. If JPIFL gets valuation of 0.30XBook Value. It translates in STOCK  PRICE OF Rs 190+

2.  Out of total investment, amount of Rs 526 crores is invested only  in JINDAL INDIA POWERTECH. Jindal India Powertech is setting up  1200 MW Power plant. It is reliable learnt that promoters are keen to sell Jindal India PowerTech. TALKS ARE ALREADY UNDERWAY.  Deal should be closed any time in FY17.

As per our estimates and information, JPIFL's sale of its investment  in Jindal India Powertech should fetch CASH of Rs 700 crores+.  It  means there is likelihood of JPIFL GETTING nearly Rs 700 PER SHARE AS  CASH IN ITS BOOK. Once it happens, stock price of Jindal Poly  Investment and Finance can cross Rs 250 (in 2017)

*Dark Horse*Pasupati Acrylon Ltd:Q4(Set for multibagger appreciation: for investors only)

 Q4 NP 13.45cr (after deferred tax)vs Loss of 2.80 cr. Since DTax is just accounting entry ( no cash outflow), *actual NP is 18.82cr*

EBIDTA 22.94cr vs 3.72cr

EBIDTA margin 16.87%vs 2.91%

Cash Profits: 21.71cr vs 1.52cr
Sales 11945mt vs 8714mt   FY16: NP stands at 29.93 cr ( after deferred tax 14.51cr and one-off 3cr). Hence , *actual NP is 47.51cr*

PAL has reported huge turnaround 20.19cr in Q4 yoy.
PAL has only 10cr long term debt and aims to become  Debt free in FY17

Debtfree co with FY17Eeps of Rs 7.  

 TP Rs 60 in 1 year                   New Textile policy announcement today.Textile industry poised for huge growth. Pasupati most undervalued

TIRUPATI STARCH CHEMICALS LTD Rs 27

Indore based TSCL is engaged in production of Maize Starch Powder
which are used by Food and Pharma industries.

TSCL had production capacity of 60TPD which last year has been
quadrupled to 240TPD. Company is making variety of products from maize
i.e. Liquid Glucose, Dextrose Powder, Corn Meal, Corn Oil etc

Although company has incurred Loss for FY16 due to big upsurge in
Finance cost and depreciation, caused by capex incurred for capacity
expansion, yet stock is being recommended for investment as (a) Stock
is attractively priced with current market cap of just Rs 16 crores
(b) Company made CASH PROFIT in FY16 (c) Co should make reasonable Net
Profit in FY17 and NP in FY18 should have decent nos

                            FY16

Sales                    158

Depreciation           4.49

Finance cost           6.17

Loss                    -1.51

Equity                    6.09

In FY16, depreciation was 4.49 crores as against 1.69 crores in FY15.
Moreover, finance cost rose to 6.17 crores as against 1.35 crores in
FY15.

Although TSCL made Loss of 1.51 crores but there was CASH PROFIT of Rs
2.98 crores, giving Cash Eps of Rs 5 (In Q4 TSCL reported Sales of 44
crores and NP of 1.17 crores)

                          FY17E      FY18E

Sales                180            200

Net Profit             3              5.50

EPS Rs               5              9

TSCL appears investment worthy at current levels. Downside from here
is very very low. However, upside can be fast and big. Low risk high
reward opportunity. Share price of TSCL can appreciate more than 100%
in 12-15 months