AIMCO PEST (bse)

CMP 40.80

Aimco Pesticides Limited (Aimco) is a leading company in the field of Agrochemical manufacturing, formulation and marketing since the last 45 years and is a major player in Insecticides,Fungicides and Herbicides , in India & across the world, having 5% of domestic market share with a large dealer and distributor network. Aimco’s In-house R & D facilities at Lote-Parshuram are recognized by DST [Department of Science and Technology], Govt. of India, since 1996. Aimco is a Government recognized Export House.Aimco is a manufacturer of various technical grade pesticides, some of the key products being Chlorpyrifos [ Ethyl & Methyl], Temephos, Cypermethrin, Permethrin, Hexaconazole, Glyphosate, Triclopyr & Fluroxypyr and a vast range of pesticide formulations, viz liquids, wettable powders , dusting powders , suspension concentrates and dry flowables.
& D department approved by Department of Science & Technology, Government of India, since 1996.

Aimco also has a pilot plant with a facility for scale up. Aimco’s R & D employs chemists & engineers to carry out research in the field of Pesticides , Pesticides intermediates ,manufacturing processes, incremental process R & D, trouble shooting of the existing processes & developing processes for the fine chemicals. Aimco spends 1% of its turn over on R & D.



Financials:
MARKET CAP (Rs Cr)
37.68
P/E
13.33
BOOK VALUE (Rs)
4.02
DIV (%)
0.00%
Market Lot
1
INDUSTRY P/E
33.39
EPS (Mar2015)
3.34
P/C
10.97
PRICE/BOOK
10.15
DIV YIELD.(%)
-%
FACE VALUE (Rs)
10.00

Sales improved from 27.63cr to 164.45cr during 2010 to 2015 and from a net loss of 2.43cr to 3.09cr profit during the same period exhibiting a marked turn around. For the the first six months of the FY2016 recorded sales of 55.82cr and a net profit of 3.07cr.ROCE is at 100 and D/E ratio is at 0.01.
The scrip looks attractive at 40.80

 

@good stocks company looks good .any change in business model this year?

 

Business remains the same but production to the full capacity depends on demand

 

Stock is up 4.62% today. 26% in one week. Any news is there for spurt in share price? Better to wait for cool down to happen?

 

Second quarter result is good . That might be the reason.

 

@44.55 today

 

U C at 44.55 today

 

Very Good Show Keep it up

 

Made a high of 48.70 today

 

Excellent timing. Very Good returns. Congrats.

 

Thanks Mr.Parin gala. Fundamentals are attractive

 

Price went up to 71 from 40

 

Made a high of 106.80 from suggested 40 level...cmp 94

 

Sooper stock picking congrats

 

Stock touched 167 on 20.06.2017

 

Suggested at 40....Nov 2015 AND NOW 198.30