10000 to 4crs in 18 months 1000rs to 50crs 300% returns 75% promoter holdings A 50 bagger A sureshot 5 bagger Analysis Another fraud? Auto ancillaries Bank sector Blind sell Brand plays Broking Bse Nse Buy calls cements Ceramics/tiles Counters I don't like Debt free businesses Delisting candidates demerger bets Disclosure- I own them Domestic consumption plays E-Commerce pick Education Exit at rallies Famous analysts Famous stocks FMCG Footwear future multibaggers Gems andJewellery Hidden gems High conviction ideas High dividend plays High potential small caps High ROE stocks Holding companies Hotel sector How they looted you.. Indian stock market Infrastructure sector Interesting Microcaps IT KPO Landbank plays largecap ideas Less than 5 PE stocks Liquor Logistics Market lessons Market outlook for 2013 and 2014 Market underperformers Meeting with the CEO Metals Monopoly businesses My 5 baggers My Favourite counters My paid stock recommendations My stock picking techniques nse bse tips Oil exploration Operator calls Paints Penny stock outlook penny stock updates Pharma sector Poultry stocks PSU Publicity freaks Real estate Renewable energy plays Safe bets Sell recommendations Share market Live shipping stocks short term call SOTP plays stock tips stock under 10rs Stocks to watch out for Strong bonus candidates Takeover candidates TATA product tea Textiles The 13 bagger The 45 bagger Trading companies Transformers Turnaround bets Tyres Uncertain/Risky business models Unique businesses

Search This Blog(Over 800 companies covered in the blog).

Archives : Old artciles

Monday, December 14, 2009

Page Industries Ltd:Buy/sell/hold,growth prospects and recomendation,news and results,target price and analysis

Scripscan:Page Industries Ltd

Story:Page Industries is the only listed company in the textile sector, which has seen a secular rise in its stock prices since early 2009. Although the company is in a sector which some view as a sunset industry, its unique business model and comparatively niche product portfolio have helped it stand out in the sector.Bangalore-based Page industries is the exclusive licensee for manufacturing and distribution of the US-based innerwear brand ‘Jockey’. Apart from India the company also distributes both men and women innerwear in Sri Lanka, Bangladesh and Nepal under the Jockey brand. In the recent past, the company has also indicated its desire to expand its presence in West Asia.Its product portfolio comprises men and women innerwear along with leisurewear. The innerwear products constitute a major part of revenues, with the products being hawked in the premium to super-premium category.Page has a pan-India distribution network comprising 16,000 retail outlets in 1,100 cities and towns. It also owns nearly 50 exclusive Jockey outlets across India and plans to launch 100 more new-look stores by the end of the next financial year.In the past five financial years, the company has registered a compounded growth of 36% in its revenues while operating profit grew at a CAGR of 72% during the period. Though interest and depreciation costs rose at a CAGR of 54%, the growth in net profit was still a robust 68% during the period. Though the stock is trading at its all-time high, at the current market price its P/E at 22.4 is very close to its average since the listing of the stock. In the past three quarters the company has announced interim dividends of Rs 7, Rs 2 and Rs 6 per share, respectively.Altogether a great long term buy.

Important Disclaimer&Privacy policy

This blog does not share personal information with third parties nor do we store any information about your visit to this blog other than to analyze and optimize your content and reading experience through the use of cookies.You can turn off the use of cookies at anytime by changing your specific browser settings.This privacy policy is subject to change without notice and was last updated on 20.3.2013. If you have any questions, feel free to contact me directly here: Investment in equity shares has its own risks.Sincere efforts have been made to present the right investment perspective.The information contained herein is based on analysis and up on sources that I consider reliable. I,however,do not vouch for the accuracy or the completeness thereof.This material is for personal information and am not responsible for any loss incurred based upon it & take no responsibility whatsoever for any financial profits or loss which may arise from the recommendations above.The stock price projections shown are not necessarily indicative of future price performance.The information herein, together with all estimates and forecasts, can change without notice.

Subscription to Arunthestocksguru

Enter your email address:

Delivered by FeedBurner