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

Friday, December 11, 2009

Raj Oil Mills Ltd:Future growth prospects and outlook,why its moving?Target price?prospects and buy/sell/hold?

Scripscan:Raj Oil Mills Ltd

Story:Raj Oil Mills, promoted by Shaukat S. Tharadra and his wife Shahida S. Tharadra, buys, sells, manufactures and processes edible oil. The company has a wide range of product offerings like mustard oil, sunflower oil, groundnut oil, cottonseed oil, til oil and ayurvedic oil. They are sold under three umbrella brands: Cocoraj, Guinea and Raj. These products have been in the market for more than five decades.Raj Oil Mills markets the following products: Cocoraj (Coconut Oil), Cocoraj Cool (Ayurvedic oil), Guinea Groundnut Oil (double filtered oil), Guinea Lite Groundnut Oil (refined oil), Guinea Lite Sunflower Oil (refined oil), Guinea Lite Cottonseed Oil (refined oil), Guinea Lite Soyabean Oil (refined oil), Tilraj Til Oil, Mustraj Mustard Oil and Cocoraj Jasmine. It deals in edible oil in bulk and in customer retail packs ranging from 5ml pack to 15 liters.At present, Raj Oil Mills has 5,00-tonne per annum (tpa) of crushing and 30,000 tpa of oil filtration at Manor, district Thane. Capacity utilization is 96%.Raj Oil Mills wants to expand its crushing capacity to 60,000 tonnes at its present facility at Manor. At the same time, it wants to set up new capacities: 60,000 tonnes of refinery, 30,000 tonnes of palm fractionation, 15,000 tonnes of vanaspati ghee, and 1,500 tonnes of ayurvedic and cosmetic production. The company also wants to set up a 60,000-tonne crushing capacity at Bagru, district Rajasthan.Financial track record is good, with consistent growth in sales, margins and profits. However, operating profit margin, at 16.4% for calendar year (CY) 2008, looks high as compared to other solvent extraction companies whose margins are in the range of 3% to 7% The high margin is attributed to its focus on retail sales.The company at present price of 60 odd looks quite cheap as its trading at trailing 12 months low single digit PE compared to its peers which are trading at high trailing 12 months earnings.I expect the gap to come down considerably in the coming months.Raj oil at 60 odd looks worthbuying.

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