Nitta Gelatin Ltd - CMP 196

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by Guru Vachaal, Apr 19, 2017 at 2:11 PM.

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Are you interested in this stock?

This poll will close on Jun 18, 2017 at 2:11 PM.
  1. yes

    1 vote(s)
    25.0%
  2. no

    2 vote(s)
    50.0%
  3. will study first

    1 vote(s)
    25.0%
  1. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    Bringing your attention towards Nitta Gelatin Ltd for long term investment purpose.

    Annual Sales 349 cr
    Market Cap 177 cr
    Net Profit 20 cr
    PE 8 / FV 10
    OPM 13%
    Reserves 125 cr

    In 1975, jointly with Kerala State Industrial Development Corporation Ltd. (KSIDC), Nitta Gelatin started its operations in India. This successful Indo-Japanese venture set new industrial standards through a smart combination of technically qualified people, state-of-the-art technology, service and a focused approach.

    Nitta Gelatin India Ltd. (NGIL)’s extensive product range includes Gelatin for pharmaceutical & food applications, Wellnex Collagen Peptides for joint health & skin beauty, Di-Calcium Phosphate as poultry feed ingredient, NutriGold as agricultural growth promoter, Ossein and Chitosan for agri and industrial application. More than 60% of NGIL’s products are exported to over 35 countries including Japan, USA, Canada and the European Union countries.

    In 2009 NGIL started production of Wellnex Collagen Peptides, which has been proven to be effective in joint pain management, bone health and skin beauty. This is extensively used in healthcare, cosmetic, food products and confectionery.




    Nitta Gelatin Confident of Turnaround - Sajiv K Menon
    http://www.thehindubusinessline.com...-confident-of-a-turnaround/article9569821.ece

    Residents prevent Nitta Gelatin from drawing water - TOI report
    http://timesofindia.indiatimes.com/...n-from-drawing-water/articleshow/57068210.cms

    I feel stock is already trading at very low PE because of the pollution and raw material cost concerns but likely to turn around in mid term - long term.

    I have entered in this stock.

    CMP 196
    @RAMA MURTHY SASTRY CHALLA @Srouta Mukherjee @w4wealth @Meenakshi Razdan @Farhan Ghumra @good stocks @kharb
     
    Last edited: Apr 19, 2017 at 2:34 PM
    Farhan Ghumra likes this.
  2. ksr

    ksr New Member

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    Guru Vachaal likes this.
  3. ksr

    ksr New Member

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    Very good company. Only problem it is based in Kerala. Environment extremists are after this company. In Kerala they can close down any Co. temporarily with political backing. I buy only bank stocks from Kerala and ones like v guard which is opening factories in other states
     
  4. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    Kerala State Industrial Development Corporation itself is invested which is a government agency.

    In contrary of that problem this is what MD Sajiv Menon said on CNBC
     
  5. Farhan Ghumra

    Farhan Ghumra Active Member

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    Promoter holds 75% that's quite good.
     
  6. ksr

    ksr New Member

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    It is good Monopoly stock. No doubt.
     
  7. Guru Vachaal

    Guru Vachaal Let's discuss the fundamentals..

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    Just like China, India is also moving towards industrialization at a rapid pace and in such an environment nobody cares about the environment :p

    Stock is cheap. Consider it. ;)
     
    w4wealth likes this.