Dear Readers,
Today 25/02/2018, Fairdeal filaments has touched 69.1 Rs and crossed given target 65 Rs .....Gave 104.7% return within 8 months.
You can book the full profit as target achieved.
Passion pays reward
Happy Investing!!
Dear Readers,
You can book the full profit as target was given 65 Rs so almost achieved.
Passion pays reward
Happy Investing!!
Regards,
Kamlesh
===================================
Dear Readers,
You can book the partially profit
Happy Investing!!
====================================
====================================
Dear Readers,
Today 14/11/2017, Fairdeal filaments is giving 22% return within 5 months.
Happy Investing!!
+++++++++++++++++++++++++++++++++++
Short Term Reco – Textiles/Spinning/Synthetic Blended
Recommendation: Buy
Hold 1 Year Target: 65 Rs.
Date: 13/06/2017
FAIRDEAL FILAMENTS LIMITED
By Kamlesh
Bavrva
CMP: 31.75 Rs.
BSE Code: 514474
Market Capital: 19
Cr.
Face Value: 10
52 Week Low / High:
25.5/41.75
Book Value: 31
Promoter Pledge: Nil
Dividend (%): 12.5%
v Fairdeal Filaments is group of Shahlon company.
v Shahlon Group has a state-of-the-art manufacturing
facility at Kim, Karanj & Kosamba Plant, Surat, Gujarat (India), designed
in line with international standards in consultation with senior engineers.
v Shahlon Group company : is a Surat based fabric
manufacturer company with over 30 years of Industry exposure and Textile
manufacturing experience.
v Shahlon is the 2nd largest synthetic fabric manufacturers
in India.
v The group ventured into textile business in 1984 with
just 12 traditional power looms in Surat, Gujarat (India) and steadily expanded
into twisting, sizing, texturizing, weaving, industrial fabric, parachute
fabric, garments, medical garments, work wears and textile parks.
v In the year 1984, expanded to a cluster of fabric production units which
generate supreme quality, most sought after textile products like women
clothing lines, protective wears, polyester fabric, yarns, dyed fabric, printed
fabric, etc.
v Today, it is an esteemed group having turnover of over US
$ 73 million and employees strength of over 1800. Besides group turnover of INR 330 crores.
v Company is also
market Reliance's synthetic yarn products of around INR 945 crores (US $ 210
million).
Fairdeal Filaments Limited:
v Is an India-based company engaged in
manufacturing of synthetic textile yarn and grey fabrics.
v The Company is engaged in manufacturing and
trading of synthetic textile yarn and fabrics, both for domestic and
international markets.
v The Company's manufacturing plants are
located at Mangrol and Mandvi in Surat, India.
v The Company is engaged in manufacture of
texturized, twisted and sized yarn and weaving on water-jet looms.
Certificate:
Products:
Fairdeal Filament Shareholding Pattern:
Spectra Share holding Pattern
|
|
Description
|
Percent
of Share (%)
|
Promoters
|
56.38
|
Public
|
43.62
|
Total
|
100
|
Spectra Industries Limited
|
||||
Quarter Ended
|
Year Ended
|
|||
Particulars
|
31.03.2017
|
31.03.2016
|
31.03.2017
|
31.03.2016
|
Revenue from Operations
|
5341.34
|
4228.52
|
20321.97
|
19114.74
|
Other Income
|
41.74
|
36.79
|
124.21
|
192.82
|
Total Revenue
|
5383.08
|
4265.30
|
20446.17
|
19307.56
|
Profit After Finance cost
|
52.51
|
56.75
|
188.25
|
241.43
|
PAT
|
65.85
|
36.05
|
176.02
|
170.83
|
EPS
|
1.09
|
0.6
|
2.91
|
2.82
|
1. 2nd largest synthetic fabric manufacturers in India
2. Fairdeal
Filament is trading near Book value and below Net sale (319 Rs) of the 2016-2017
year.
3. Company
is paying regular dividend.
4. Fairdeal
Filament PAT jumped to 176.02 Cr compare to previous year 170.83.
5. Company
had got rewards by certificate due to his quality products
6. Will
be benefited due to grooming of textile business in India.
7. Last
5 Year CAGR (Compounding annual growth rate) Sales Growth rate is 8%.
v Stock
CMP is 31 Rs. and stock is trading at P/E 11 & TTM EPS 2.19, hence I am
suspecting stock may touch Rs.65 within a 1 years’ time horizon.
Please
note:
v Note: The articles
are not research reports but assimilation of information available on public
domain and it should not be treated as a research report.
Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”
Disclosure: It is safe to assume that I might have the discussed companies in my portfolio and hence my point of view can be biased. Readers should consult registered consultants before making any investments.
Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”
Disclosure: It is safe to assume that I might have the discussed companies in my portfolio and hence my point of view can be biased. Readers should consult registered consultants before making any investments.
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