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Tuesday, February 15, 2011

Jubilant Industries Ltd BUY (200.00)


EQUITY: 8.01 CR
BOOK VALUE :333.00 RS

NINE MONTHS EPS 34.4

FACE VALUE : 10 Rs
DEBT -FREE COMPANY


Jubilant Industries Ltd. is the flagship Company of Agri and Performance Polymers business of the Jubilant Bhartia group. The Company’s diversified portfolio of Agri products, Performance Polymers and IMFL businesses delivers broad range of technology based products and solutions to customers in India as well as globally.

Over the years, this business has attained a significant size in India and the Company aims at scaling up its business in global markets

"Current Leadership Postions of each business segment"
Agri Products
Amongst Top 3 brands in India for Single Super Phosphate fertilizer and a significant agro nutrient player
Food Polymers No.1 in India and globally No. 3 for PVA in solid form for chewing gum base
VP Latex No.1 in India and amongst the top 3 players globally for Vinyl Pyridine Latex for automobile tyres and conveyor belt
Consumer Products Consumer brand “Jivanjor” is the 2nd largest brand in India in consumer adhesives and a significant player in the Indian wood finishes market
Application Polymers Major player in the industrial adhesives market in India catering to PSA, packaging, lamination and other specialized applications

The company’s strategic focus is to innovate, collaborate and accelerate the process of delivering the products to the market for its customers’. At Jubilant Industries emphasis is given to cater to the needs of the customers through good quality services and products being manufactured at the state of the art manufacturing plants of the Company at Gajraula, Sahibabad [in Uttar Pradesh], Kapasan [in Rajasthan], Nira [in Maharashtra] and Samlaya [in Gujarat]. The business works closely with customers using research and development to introduce intelligent system solutions and sophisticated products to suit the end consumer's needs.

Agricultural Products

Jubilant offers a range of products in Crop Nutrition, Crop Growth Regulator and Crop Protection areas under the brand “Ramban”, which is a widely accepted brand in the market. We are one of the leading manufacturers of Single Super Phosphate (SSP) in India which is also the largest selling product under the Ramban Umbrella.

Performance Polymers

The Performance Polymers business is one of the leading manufacturer of products such like vinyl pyridine latex, emulsion polymers, adhesives, wood finishes, speciality polymers and food polymers. The application of these segments are as diverse as tyres, textiles, construction, packaging and foods & beverages. We provide the required impetus to industries such as paints, construction chemicals, textiles, flexible packaging, lamination, packaging, stickers, labels and tapes and offer product solutions that match international quality standards.

Others

Jubilant Industries has been manufacturing IMFL products for the various established brands in India, engaged in liquor business. Our capacity is 100,000cases/month for IMFL. With a configuration of 5 automatic/semi-automatic lines we can handle all sizes of bottles.

All lines are equipped with required Vats for storage of ENA and labeling machines which provides flexibility for bottling various sizes of IMFL. We have fully equipped, state of art laboratory to support our bottling plant. Our products get manufacture at our plant in Nira.

LATEST RESULTS:

http://www.jubilantindustries.com/financials.html

DEMERGER(INCORPORATION) DETAILS :

The Hon'ble Allahabad High Court approved as part of the Scheme demerger of Agri and Performance Polymer Business ofJubilant Life Sciences Limited (JLL) into Jubilant Industries Limited (Company) during the quarter. The Scheme became effective on 15th November, 2010 upon filing of court orders with the Registrar of Companies, Uttar Pradesh and Uttarakhand.

On Demerger, shareholders of JLL received one Equity Share of ` 10 each of the Company for every twenty Equity Shares of` 1 each held in JLL. The Equity Shares of the Company have been listed at BSE and NSE effective 14th Feb, 2011.

From the Demerger appointed date i.e. 1st April 2010 till the Scheme becoming effective, the operations of the Company, were run by JLL, on trust, for and on behalf of the Company, and the economic benefit attributable to the Company has been passedon to it in terms of the said scheme. Since, the economic benefits under the scheme have accrued effective 1st April 2010,


INVESTMENT RATIONAL : EXPECTING STOCK TO DO WELL IN FUTURE AND GOING TO POST 40 E.P.S ACCUMULATE BELOW 200 RS.

 STOCK IDEA:        Apollo Pipes Ltd 349.00 AROUND 325 ITS A GOOD BUY FOR LONGTERM   ...