BTST

FLEX FOODS – BTST

Posted on by Hiren Kamani

Buy FLEX FOODS (Bse :523672) for BTS Cmp. 115

FLEX FOODS is trading at PE of 19.06 whereas industry PE is 58.83

During Q4FY17, FLEX FOODS net profit zoomed 84.18% to Rs.4.31 crore on sales of Rs.24.69 crore fetching an EPS of Rs.3.46

For FY17, it has posted net sales of Rs.85.17 crore with net profit of Rs.7.85 fetching an EPS of Rs.6.31

Ace investor PORINJU VELIYATH also holds 1.25 lac shares in the company

Flex Food Limited is an associate company of UFLEX, a 2.3 Billion dollar company, leader in flexible packaging technology.

FEDDERELEC – BTST

Posted on by Hiren Kamani

FEDDERELEC (Fedders Electric and Engineering Ltd) is present in many emerging fields which will perform very well with economy upturn and the company is available very cheap compared to peers


NSE Code: FEDDERELEC
BSE Code: 500139
CMP: 64.5
TGT: 69 / 73+

  1.  It is available at PE of just 7.14 while industry PE is 44.9
  2.  Profit in Q1FY18 zoomed to 16.17cr compared to 6.16cr in Q1FY17 showing more than 163%  rise in profits
  3.  Regular Dividend paying company and is available cum dividend of 10% for FY17 compared to 7.5% in FY16
  4.  Book Value of the company is 129 and is available 0.5 times price/book with is extremely attractive
  5.  Promoters have raised stake in the company by 5% in last 1 year and now hold 52% stake which gives confidence
  6.  HNI’s, Corporates also hold 21% stake in the company

FEDDERELEC Business Segment

FEDDERELEC