I think the present price is a good level to enter Orbit Exports. They are able to improve their margins due to lower raw material cost and cost cutting measures. Going forward they should be able to maintain the margins. They are also taking measures to avoid over dependence on few customers. According to an analyst report they have pricing power. They sell at $4 what Italians sell for 40 euros (China is not strong in fashion design area). Pankaj Seth the promoter says that they are a bottomline-focussed company not really interested in selling more fabric for the sake of records. Please do your analysis and take a call.
Discl: I am invested from 330 levels

In Kindle Silk browser(haven't tried other browser), Reply to topic button is hidden behind jumping to page button(bottom and up button). Because of that, an user can't post in the thread instead to post he has to select "reply" to an existing user post.

V.Raghu executive director explaining about the affordable housing opportunity:
http://www.ndtv.com/video/player/news/repco-home-finance-on-affording-housing-opportunity/381541

disc: invested

@Pressy79t Read this thread for Sarla Performance http://forum.valuepickr.com/t/sarla-performance-fibres-another-interesting-textile-story-in-making/1927/25

Vakrangee I feel it will come close to 90 in few days the way market is performing.

Which other stock you are holding?

FY15 EBIT was 42.7 cr while interest expensed was 14.5 cr, so Interest coverage was near 3x.
Though they also capitalized a part of their interest, & if we consider that also to be expensed, Interest coverage was near 2x.

However, since company is running at 72% utilization & large part of Balance sheet is in Capital WIP, Interest coverage is bound to be a bit worrisome.

Things have improved a bit if you look at Q1 numbers.

On Working capital days, good thing is that company is aware of the issue & is working towards improving it. In Fy15, they were able to improve it from 203 days to 143 days.