Comprehensive Analysis of Starch & Starch Derivatives Sector - A 25 Pages Report

[maheshi]

Attached here is the link to a comprehensive tabular analysis of 'Indian Starch & Starch Derivatives' sector which has, in FY10, reached a critical mass of Rs. 2082.17 cr. with an EBIDTA margin of 17.97 % attained in Q1FY11. With a strong prospect of 15 % p.a. growth for next five years on the back of a 21.8 % CAGR registered in last five years, provided in the report is a comprehensive tabular analysis of past 10 Years and Last 9 Quarters of all BSE- & NSE- Listed Companies of the sector. Also provided is a brief overview of the industry as well as all listed players of the industry for your reference.

Alternatively you can provide your email id in case you want the report via email. I willl be more than happy to provide it to you.

Rgds.
Mahesh




----------- Contents of the Report ------------------------------------------------------------------------------------------------------
Last Fives Years' Performance of Starch Industry as a whole
Percentage Contribution by each of the Listed Player to industry Sales & EBIDTA over last 5 Years
Q1'FY11 Performance of Starch Industry as a whole
Percentage Contribution by each of the Listed Player to industry Sales & EBIDTA (Q1'FY11 over Q1'FY10)


Current Valuation Commanded by each of the Listed Company (execept GAEL & EICL) based on price as on 13th August 2010


Last 10 Years' Sales, EBIDTA, OP & NP Performance of Each of the Listed Company


Last 10 Years' Expenditure Trend of Each of the Listed Company (except GAEL & EICL)


Last 10 Years' Expenditure Viewed w.r.t. Sales & EBIDTA (of 3 Top Listed Companies)


Last 10 Years' Margin Scenario of Top 3 Listed Companies


Last 9 Quarters' Sales, EBIDTA, OP & NP Performance of Each of the Listed Company


Last 9 Quarters' Sales, EBIDTA, OP & NP Growth % of Top 3 Listed Companies
Last 9 Quarters' Expenditure Trend of Each of the Listed Company (except GAEL & EICL)


Last 9 Quarters' Expenditure Viewed w.r.t. Sales & EBIDTA (of 3 Top Listed Companies)


Last 9 Quarters' Margin Scenario of Top 3 Listed Companies


Brief Textual Overview & Analysis of the Industry asto Why It will Start Carving its Place in Every Portfolio meant for Growth


Brief Textual Overview of All Listed Players
Riddhi Siddhi Gluco Biols Ltd. - An Industry Outperformer
Anil Products Ltd. - An Industry Performer
Sukhjit Starch & Chemicals Ltd. - A Consistent Performer
Gujarat Ambuja Exports Ltd. - A Dark Horse
English Indian Clays Ltd. - A Sell-off Story
Universal Starch-Chem Allied Ltd. - A Possible Risky Winner
Gayatri Bioorganics & Tirupati Starch – A Complete Avoid

 

[maheshi]

Attached here is the link to a comprehensive tabular analysis of 'Indian Starch & Starch Derivatives' sector which has, in FY10, reached a critical mass of Rs. 2082.17 cr. with an EBIDTA margin of 17.97 % attained in Q1FY11. With a strong prospect of 15 % p.a. growth for next five years on the back of a 21.8 % CAGR registered in last five years, provided in the report is a comprehensive tabular analysis of past 10 Years and Last 9 Quarters of all BSE- & NSE- Listed Companies of the sector. Also provided is a brief overview of the industry as well as all listed players of the industry for your reference.

Alternatively you can provide your email id in case you want the report via email. I will be more than happy to provide it to you.

Rgds.
Mahesh

Link - starchsectmahesh.keepandshare.com

----------- Contents of the Report ------------------------------------------------------------------------------------------------------
Last Fives Years' Performance of Starch Industry as a whole
Percentage Contribution by each of the Listed Player to industry Sales & EBIDTA over last 5 Years
Q1'FY11 Performance of Starch Industry as a whole
Percentage Contribution by each of the Listed Player to industry Sales & EBIDTA (Q1'FY11 over Q1'FY10)


Current Valuation Commanded by each of the Listed Company (execept GAEL & EICL) based on price as on 13th August 2010


Last 10 Years' Sales, EBIDTA, OP & NP Performance of Each of the Listed Company


Last 10 Years' Expenditure Trend of Each of the Listed Company (except GAEL & EICL)


Last 10 Years' Expenditure Viewed w.r.t. Sales & EBIDTA (of 3 Top Listed Companies)


Last 10 Years' Margin Scenario of Top 3 Listed Companies


Last 9 Quarters' Sales, EBIDTA, OP & NP Performance of Each of the Listed Company


Last 9 Quarters' Sales, EBIDTA, OP & NP Growth % of Top 3 Listed Companies
Last 9 Quarters' Expenditure Trend of Each of the Listed Company (except GAEL & EICL)


Last 9 Quarters' Expenditure Viewed w.r.t. Sales & EBIDTA (of 3 Top Listed Companies)


Last 9 Quarters' Margin Scenario of Top 3 Listed Companies


Brief Textual Overview & Analysis of the Industry asto Why It will Start Carving its Place in Every Portfolio meant for Growth


Brief Textual Overview of All Listed Players
Riddhi Siddhi Gluco Biols Ltd. - An Industry Outperformer
Anil Products Ltd. - An Industry Performer
Sukhjit Starch & Chemicals Ltd. - A Consistent Performer
Gujarat Ambuja Exports Ltd. - A Dark Horse
English Indian Clays Ltd. - A Sell-off Story
Universal Starch-Chem Allied Ltd. - A Possible Risky Winner
Gayatri Bioorganics & Tirupati Starch A Complete Avoid

 

[karani188011]

[email protected] ............ invested heavily in simran farms @ 56 advise can hol for 6 months

 

[maheshi]

You should have booked partial profits at Rs. 63-65 as you have enterd very late in the company. Poultry product prices have started drifting downwards and as of today the best play on poultry industry is Venkys. Simran was a compelling buy at the rate of Rs. 40-45 but at Rs. 60 it is a hold. Look for developments in poultry industry and exit your position on the first rally. If it is critical money that you have invested into Simran don't wait and exit even at minimal profits. Always invest critical money into fixed return instruments or in companies that have proved themselves by performing consistently over the span of last many years.

Rgds.
Mahesh

[email protected] ............ invested heavily in simran farms @ 56 advise can hol for 6 months

 

[karani188011]

Ur target of around Rs 91 is way ahead ....... n with Q EPS of Rs 5, annual can b atleast Rs 16 ...... At 6 PE stck can comfortably hit ur Target .What do u say ??????? n to what extent u think poultry prdt prices can go down n resulting EPS shall b what??????? .........

The point in my mind was Srinivas has Q EPS of Rs 5 n is quoting at Rs 120 n simran at 60 ....so simran is still very cheap ........Ur target looks very visible.

If u dont mind can u comment any thing on ARMAN FINANCE SERVICES ...... very huge net profits r being talked abt ... almost 5 times in next 2 years

 

[karani188011]

Ur target of around Rs 91 is way ahead ....... n with Q EPS of Rs 5, annual can b atleast Rs 16 ...... At 6 PE stck can comfortably hit ur Target .What do u say ??????? n to what extent u think poultry prdt prices can go down n resulting EPS shall b what??????? .........

The point in my mind was Srinivas has Q EPS of Rs 5 n is quoting at Rs 120 n simran at 60 ....so simran is still very cheap ........Ur target looks very visible

One more thing any idea on ARMAN FINANCE SERVICES. VERY HIGH NET PROFITS TO TUNE OF 5 TIMES R BEING TALKED IN 1 TO 2 YEARS

 

[kaushik_giract]

Maheshi,

Hello. Your posts on the starch industry are very interesting and informative. As a company that tracks the starch industry ourselves I am quite keen to have a chat with you. could you let me know a number or email that I can get in touch with you on . kaushik at giract dot com. Thanks.