Caprihans – Multibagger Returns expected With better Future outlook

TECHNO FUNDA PICK

CAPRIHANS

Cmp – 165

Accmulation zone on Dips – 145/135

Market Cap – 217cr

Book Value – 105

Face Value – 10

Promotor Holding – 71.66%

Debt – NiL

Pledge – Zero

ROCE & ROE – 9.51% & 6.83%

Technical – 25 years Breakout

Test Levels – 300/400/500++

TF – 1.5/2/3/4 years

Company has 38.50cr cash in hand & 68cr Assets approx # 106cr approx.so getting company @ 111cr only

Caprihans India Limited is one of the oldest and largest Polyvinyl Chloride (PVC) film manufacturers in India.

Unwavering focus on providing customer satisfaction and innovative products, has made Caprihans one of the largest and most trusted names in the PVC film industry.

With an experience of over seven decades, Caprihans has set a new benchmark in the industry.

The company’s corporate office is located at Worli, Mumbai. Its state-of-the-art production units (including Govt. of India recognized R&D Centers) are located at Thane and Nashik, in the State of Maharashtra, India.

Caprihans is now part of Bilcare Mauritius, having modern manufacturing & distribution facilities across several continents, mainly focused in South East Asia.

With a strong focus on R&D activities, Caprihans has pioneered many products in India like Flexible PVC Films, Rigid PVC Films, PVdC Coated PVC Films, PP Corrugated Sheets and paper-coated Lidding foils. All the products are manufactured under long established registered brand names.

Technology forms the backbone of the research, production processes and other innovative solutions to its customers. The Company has a team of industry experts to provide technical services, customer service and after-sales support.

HEALTHCARE PRODUCTS

The Covid19 pandemic has created the need for protective equipment that ensures maximum safety of frontline workers in healthcare and other essential services. At Caprihans India Limited, our in-house laboratories rose to the challenge of developing a complete range of reusable hospital-grade safety accessories, certified by competent authorities, to ensure maximum safety for the user and responsibility towards the environment.

The products are made of time tested, medical grade PVC film, engineering grade, auto clavable plastic and PP Corrugated sheets. Our range of healthcare products include: PPE/Hazmat coveralls and gowns, Hospital linen – sheets, pillow covers and curtains, face shields and easy to assemble, light weight, durable, sanitizable beds for health centres.

Company has Good lineup of new products. If they can deliver growth as expected. Price can easily multiple 2x/3×/4× in next 3 to 5 years.

S/L – 89 on closing basis Or As per Risk

Disc – All views expressed are personal and only for educational and study purpose. Consult your financial advisor before investing or taking any position based on above article.