Scripscan:RDB Rasayans Ltd
cmp:8
Code:533608
Story:RDB Rasayans (RRL) is part of the Kolkata-head quartered RDB Group promoted by the 56 year-old Sunder Lal Dugar. Engaged in infrastructure development, tobacco/cigarettes, printing/packaging, containers/bags, automobiles marketing, retailing, production/installation of power transmission lines and logistics, RDB group boasted consolidated revenue of over Rs 1100 crore in fiscal 2010.In fact RDB is not new to investing public. The group has five listed entities of which two namely NTC Industries and RDB Realty & Infrastructure are listed on the country's premier stock exchange, BSE.Even though RRL was incorporated in 1995, the company commenced manufacture of small poly bags only in 2003. Manufacture of Flexible Intermediate Bulk Containers (FIBC) or Jumbo Bags with installed capacity of 1,800 TPA was started in 2004. The capacity was reportedly increased to 6,050 TPA in 2009 and further to 7,000 TPA in 2010.As regards RRL's track record, sales have grown inconsistently over the years and profitability has been under pressure from increased input-costs. The company does not enjoy any technological advantage but, on the contrary, faces stiff competition from other players. Though it has strategic location advantage in terms of proximity to clients and nearby ports enabling it to timely delivery with minimal logistics costs, it has experienced labor unrests in the past. Occurrence of such events in the future could hamper company's operations.Poly sacks segment is one of the poorest discounted industries on the trading floor.RRL's current EPS is only Rs 1.38 which is the highest in last three year. The book value of the share amounts to Rs.13.53.At present prices its a hold.
Search This Blog(Over 800 companies covered in the blog).
Archives : Old artciles
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: arunsharemarket@gmail.com
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.
