Yuken India (Rs.186)
manufactures hydraulic equipment including hydraulic pumps for industrial and mobile applications, hydraulic valves, mobile valves and complete hydraulic systems to suit customer-specific requirements. Besides pumps and valves, it also manufactures cylinders, accumulators and power packs and recently introduced Piston pumps with Electro proportional control.
Hydraulic devices are very popular in the heavy engineering industry as an effective means of automation and its products find extensive use in various automation projects and retrofit projects. Some of the key sectors that which use its products extensively are Machine Tool Manufacturers, Plastic Machinery Manufacturers, Furnaces and Heat Treatment Plant Manufacturers, Automobile Manufacturers, Hydraulic Press Manufacturers, Steel Plants, Construction Equipment Manufacturers, Drilling Rig Manufacturers, Material Handling Equipment Manufacturers, Dam Hydraulics, Power Plants, Defence sector, etc.
To make the economy competitive globally, a lot of automation and hydraulic tools would be required as Hydraulic systems improve quality, lead to consistency, lower fatigue and improve the safety and productivity. So the demand for Yuken's products will keep increasing in a growing economy.
Yuken's profitable growth will emerge from increasing acceptance of outsourcing as a relevant business strategy in the globalized world as well as the new range of products that can be offered to its customers.
For FY07, its net profit rose 82.64% to Rs.4.42 cr. as against Rs.2.42 cr. during FY06. Sales rose 20.79% to Rs.85.10 cr. as against Rs.70.45 cr. in FY06.
For Q1FY08, its net profit rose by 137.50% to Rs.0.76 cr. as against Rs.0.32 cr. during Q1FY07 while sales rose 8.02% to Rs.19.67 cr. in Q1FY08 as against Rs.18.21 cr. during Q1FY07. The company is expected to fare well over the long run and its full year standalone EPS is likely to be around Rs.22/23. It seems all the new development work I in its four subsidiaries is over and they may contribute well to profits in the current year.
Since its capital is very low at Rs.3 cr., a sharp jump in its net profit will results in a very attractive EPS over next few years. Investors can keep adding this stock at every dip for good long-term growth. Stock is cum 25% dividend while its book value is Rs.70. Closing above Rs.225 level will give a decisive breakout and it can touch Rs.300 to 350 over the next one year.
http://groups.google.co.in/group/investmentsupergrowth
manufactures hydraulic equipment including hydraulic pumps for industrial and mobile applications, hydraulic valves, mobile valves and complete hydraulic systems to suit customer-specific requirements. Besides pumps and valves, it also manufactures cylinders, accumulators and power packs and recently introduced Piston pumps with Electro proportional control.
Hydraulic devices are very popular in the heavy engineering industry as an effective means of automation and its products find extensive use in various automation projects and retrofit projects. Some of the key sectors that which use its products extensively are Machine Tool Manufacturers, Plastic Machinery Manufacturers, Furnaces and Heat Treatment Plant Manufacturers, Automobile Manufacturers, Hydraulic Press Manufacturers, Steel Plants, Construction Equipment Manufacturers, Drilling Rig Manufacturers, Material Handling Equipment Manufacturers, Dam Hydraulics, Power Plants, Defence sector, etc.
To make the economy competitive globally, a lot of automation and hydraulic tools would be required as Hydraulic systems improve quality, lead to consistency, lower fatigue and improve the safety and productivity. So the demand for Yuken's products will keep increasing in a growing economy.
Yuken's profitable growth will emerge from increasing acceptance of outsourcing as a relevant business strategy in the globalized world as well as the new range of products that can be offered to its customers.
For FY07, its net profit rose 82.64% to Rs.4.42 cr. as against Rs.2.42 cr. during FY06. Sales rose 20.79% to Rs.85.10 cr. as against Rs.70.45 cr. in FY06.
For Q1FY08, its net profit rose by 137.50% to Rs.0.76 cr. as against Rs.0.32 cr. during Q1FY07 while sales rose 8.02% to Rs.19.67 cr. in Q1FY08 as against Rs.18.21 cr. during Q1FY07. The company is expected to fare well over the long run and its full year standalone EPS is likely to be around Rs.22/23. It seems all the new development work I in its four subsidiaries is over and they may contribute well to profits in the current year.
Since its capital is very low at Rs.3 cr., a sharp jump in its net profit will results in a very attractive EPS over next few years. Investors can keep adding this stock at every dip for good long-term growth. Stock is cum 25% dividend while its book value is Rs.70. Closing above Rs.225 level will give a decisive breakout and it can touch Rs.300 to 350 over the next one year.
http://groups.google.co.in/group/investmentsupergrowth