Roto Pump
CMP:141
First Suggested @ 119
Company has More than 40 years Experience in Pump Manufacturing
It is fully geared to be Top 10 Manufacturers of Pump in India.
Global Market Potential: 3 Lakh+ Crores
Domestic Market apotential: 11,000+ Crores
Company has made Huge investment in areas of:
👉 Manufacturing Expansion
👉 Value added Products
👉 Custom Manufacturing
👉 Highly sophisticated Products
👉High End R&D products
👉 One of the best R&D in India
Company is also launched New Products such as LM Pumps and many more.
Launch of new products will thus deepen the market share.
Company in the last few years has created a good Network of Distributors across the Globe.This Network will help company to Grow faster.
Key Triggers:
Global Recovery in Industrial activity, early signs are visible.
Company has added new Capacity to manufacture 3X more Pumps which means (Potential ~300 cr compared to ~100 cr revenues in FY 2016-17)
This kind of business has good operating leverage.
Margin Expansion is on the cards.
We expect company to report good set of performance going ahead.
We expect company is Trading cheap compared to its peers.
MCAP: 217 Cr
Revenues : 95.1 Cr
EBITA: 20.95 Cr
Depreciation: cr
PAT: 6.6 cr
EPS: RS.4.3
Geographical Revenue Break up:
2016: Exports:~65% ,Domestic:~35%
2017: Exports:~60% ,Domestic:~40%
It Clearly Demonstrates that company is now focusing more on domestic market.
ROE:~9%
ROCE:~13%
Debt:~29 Cr
We believe going ahead ROE & ROCE to improve significantly.
We expect EPS of about:
FY 18: Rs.6-7
FY 19: RS.9
FY 20: RS.12
Company is to do well in near Future.
Team,
Info@wealthcreatures.com
