It traded at low pe because of below reasons
1 its commodity buisness rice selling and people were absolutely clueless where they operate
When there were iran sanctions lt foods tanked by 6% where actually they do absolutely 0 revenue
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KRBL was sector leader and much better balance sheet and debt to equity of lt foods was significantly higher
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Kari kari and other value added products are now gaining traction
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There was one major pesticide issue in europe w.r.t indian rice so it created a kind of uncertainty
Now i belive its time has come for re rating
I believe results will be good but some pressure on Profir will be there because of red sea issue
Per month 3cr extra what its impacting management said
Also cuppa rice they once got order from indian railway , it didnt get again but such random triggers are there
Stock is gaining good traction and company also making inroads in saudi market , co incidently KRBL ran into issue with distributor in saudi which is impacting its sales so i believe saudi market gains will be massive and salic is there to help:D
But overall i m positive and havent sold a single share in last 7 years ,
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