Chamanlal Setia Exports is the processor and exporter of Rice under
the brand name 'MAHARANI' Company has two rice processing units
located one each at Amritsar
pet annum.Company exporting three variety of products viz - Parboiled Basmati
Rice,Polished Basmati Rice and Basmati Health Rice. Last year most of the
riceexporting companies faced tough times mainly because of low productivity
due to lack of sufficient monsoon and also because of unfavorable exchange
value of Indian currency.Both these aspects are expected to be positive in
this year.In 2010 March,Company posted a turnover of Rs.183 Crore and a
net profit of Rs.6 Crore .On an equity base of 9.4 Cr ,company posted an
EPS of Rs.7.25/- and it is currently trading at Rs.44 with a P/E of 6.
Chamanlal Setia Exports is expected to give decent return going forward.
0 comments:
Post a Comment