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Dai-ichi Karkaria Ltd
BSE Code: 526821
Last Close: Rs.44.70
Dai-ichi Karkaria Ltd (DKL) commenced commercial production in 1963 in technical collaboration with the world renowned Dai-Ichi Kogyo Seiyaku Co. Ltd. of Japan. The company has access to relevant and innovative technologies with 42 years of experience in the development and manufacture of high performance speciality chemicals for different applications. The company has built a reputation on innovation & quality and consistent quality standards are maintained and upgraded continuously in line with customer expectations.
DKL has Partnerships & Alliances with Dai-Ichi Kogyo Seiyaku Co. Ltd. and Matsumoto Yushi Seiyaku Co. Ltd. of Japan and Inogent Laboratories Pvt. Ltd., India (The GVK Group).
It has an equity base of Rs.7.61 cr. that is supported by huge reserves of around Rs.53.89 cr. (which is more than 7.08% of its equity). The book value of the share is around Rs.75.70. The promoters hold 60.57%, non-promoter corporate bodies hold 3.34% while the investing public holds 34.87% stake in the company.
For Q3FY11, it recorded net sales of Rs.15.30 cr. with net profit of Rs.0.75 cr. against net sales of Rs.12.70 cr. with net profit of Rs.0.72 cr. in Q3FY10. For the first nine months of FY11, it recorded net sales of Rs.40.57 cr. with net profit of Rs.3.75 cr. against net sales of Rs.37.76 cr. with net profit of Rs.2.86 cr. in the previous corresponding period (Net sales zoomed 7.44% while net profit zoomed 31.11% on a nine monthly basis). The Q3FY11 EPS was Rs.1 while the nine monthly EPS is Rs.5.03.
This company is a regular dividend paying company. It paid 20% for FY06, 11% for FY07, 12% for FY08, 19% for FY09 and 20% for FY10. This shows that it is an investor friendly company. At the current level, the stock is available at a forward P/E multiple of just 7.4.
Investors can buy this stock with a stop loss of Rs.40. On the upper side, the stock will zoom to Rs.60-65 levels in coming days.
India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Dai-ichi Karkaria Ltd
BSE Code: 526821
Last Close: Rs.44.70
Dai-ichi Karkaria Ltd (DKL) commenced commercial production in 1963 in technical collaboration with the world renowned Dai-Ichi Kogyo Seiyaku Co. Ltd. of Japan. The company has access to relevant and innovative technologies with 42 years of experience in the development and manufacture of high performance speciality chemicals for different applications. The company has built a reputation on innovation & quality and consistent quality standards are maintained and upgraded continuously in line with customer expectations.
DKL has Partnerships & Alliances with Dai-Ichi Kogyo Seiyaku Co. Ltd. and Matsumoto Yushi Seiyaku Co. Ltd. of Japan and Inogent Laboratories Pvt. Ltd., India (The GVK Group).
It has an equity base of Rs.7.61 cr. that is supported by huge reserves of around Rs.53.89 cr. (which is more than 7.08% of its equity). The book value of the share is around Rs.75.70. The promoters hold 60.57%, non-promoter corporate bodies hold 3.34% while the investing public holds 34.87% stake in the company.
For Q3FY11, it recorded net sales of Rs.15.30 cr. with net profit of Rs.0.75 cr. against net sales of Rs.12.70 cr. with net profit of Rs.0.72 cr. in Q3FY10. For the first nine months of FY11, it recorded net sales of Rs.40.57 cr. with net profit of Rs.3.75 cr. against net sales of Rs.37.76 cr. with net profit of Rs.2.86 cr. in the previous corresponding period (Net sales zoomed 7.44% while net profit zoomed 31.11% on a nine monthly basis). The Q3FY11 EPS was Rs.1 while the nine monthly EPS is Rs.5.03.
This company is a regular dividend paying company. It paid 20% for FY06, 11% for FY07, 12% for FY08, 19% for FY09 and 20% for FY10. This shows that it is an investor friendly company. At the current level, the stock is available at a forward P/E multiple of just 7.4.
Investors can buy this stock with a stop loss of Rs.40. On the upper side, the stock will zoom to Rs.60-65 levels in coming days.
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