Investment Idea

Sunflag Iron & Steel Co. Ltd – Still Attractive

Sunflag Iron and Steel Company Ltd

Sunflag Iron & Steel Co. Ltd

Sunflag Iron and Steel Co. Ltd one of My Old Recommendation Near 52 Rs.  CMP : 84++ (Old Recommendation Link: Still Looking Attractive

Sunflag Iron and Steel Co. Ltd. is a prestigious unit of the SUN FLAG GROUP. The plant is located in the central part of India at Bhandara, Maharashtra & it is 70 Kms from Nagpur. The plant has a capacity to produce 360,000 tonnes per annum of high quality special steel using liquid pig iron and sponge iron as basic inputs.

The main processes at the plant are,
– Iron making (Mini Blast Furnace, Sponge Iron Plant, Sinter plant).
– Steel Making
– Continuous Casting
– Rolling Mills
– Heat Treatments
– Bright Bar Making
– Inspection
– Quality Assurance

Within a short period of its inception in 1989, the SUNFLAG STEEL has established itself as a major global force. Started as a Spring Steel producer, the company today produces variety of steels. Carbon Steels, Alloy steels, Free & semi free cutting steels, Micro-alloyed steels, Stainless Steels, Spring Steels, Valve Steels, Bearing Steels, Cold Heading Quality Steels, Tool Steels, etc.
The profiles are Round Bars, Round Cornered Square, Round & Hexagonal wire Rods, Hexagonal straight bars, Flats, Bright Bars (Peeled/Drawn/Ground bars) etc.

Sunflag Steel produces majority of the Steel for Automobile use in Engine, Drives, Transmissions, Suspensions etc. applications. Sunflag Steel also supplies steel to Indian Railways, Ordnance Factories, General Engineering & Power sectors.

Sunflag Iron & Steel Co. Ltd. has collaboration with Daido Steel Co. Ltd., Japan from 2010. The association is useful for process & Quality enhancements, New Grade Developments, Localization of Indian Steel by the Automobile companies, Continual Improvements, etc.

Apart from catering to the Domestic steel requirements, Sunflag Steel also exports to South East, Middle East, European countries, United States etc.
The Steel is produced using 100% Iron ore as a basic raw material input. No scrap is sourced from outside.
The steel has very low tramp element contents & free from Radioactive or other harmful & hazardous contamination.

Sunflag Steel is ISO 9001, TS 16949, ISO 14001, OHSAS 18001, AD-2000-Merkblatt WO certified & ISO/IEC 17025 approved Testing laboratories by NABL.

(Source : Company's Official Website)

Anual Result of Company

Sunflag Iron and Steel Company Ltd Anual Result

Market Cap.: 1,524.66 Cr.

Current Price: 84.60

Book Value: 44.41

Face Value: 10.00

52 Week High/Low: 90.90 / 34.00

Only Long Term Investor invest in this Gem 

Ruby Mills Ltd – Steady and Consistent

ruby mills limited

Ruby Mills Ltd

Ruby Mills Ltd Incorporated in the year, 1917 as a Composite Textile Mill mainly manufacturing Cottons. The management of the unit was taken over by the late Shri C N Shah in 1946 and thereafter the mill has been regularly progressing and manufacturing a wide range of products. From 1959 onwards the management has been under the dynamic leadership of the Chairman and Managing Director, Shri M C Shah and has made tremendous progress by way of its product range, quality and performance.

The Ruby Mills Ltd., has two plants. The spinning & weaving plant is located at Dhamni & the process house at Kharsundi close to Bombay-Pune Highway.

Since 1996, The Ruby Mills Ltd., is manufacturing MICRO DOT FUSIBLE INTERLINING & BASIC INTERLINING, in Technical Collaboration with GYGLI TEXTIL AG, Switzerland.

A modern Research & Development Laboratory fully equipped with the latest quality control equipment and recognized by the Government of India supports these manufacturing activities.

The Ruby Mills Ltd has forward integration into a state of the art process house to have a capability of fiber to finished fabric.

The company is a highly modernized Composite Textile Mill in Bombay. The plant is involved in spinning, weaving, processing of textile fabrics. The company’s installed capacity comprises of 21,024 spindles, 65,000 Mts. of woven fabrics. The processing capacity is on an average 1.25 lakh meters.

The plant is manufacturing yarns and fabrics of Cotton / Polyester / Rayon & Blends. The plant has latest generation of machines comprising of Super High Production Cards, Auto Leveller, Draw Frames, Auto Coro Open End Spinning Machines, Auto Coner Winding Machine, and Wide Width Picanol Air Jet & Rapier Weaving Machines. The plant has its own Process House, which is capable of Bleaching, Dyeing & Finishing complete production.

The factories are located 70 kms. South East of Bombay has advantages in terms of easy accessibility, availability of transportation of raw materials and finished goods, well established communication facilities and availability of adequate semi-skilled labor force.

(Company's Official Website)

As per Annual Report 2017

1) Textiles and Real Estate Division

The revenue from the textiles activity was Rs. 17,500 Lakhs as compared to Rs. 18,080 Lakhs in the previous year. The operating profit for the year was Rs. 2,382.44 Lakhs against Rs. 2,455.91 Lakhs in the previous year. The lower turnover and operating profit was due to slackless due demonetisation and uncertainty and lack of clarity on the provisions and implementation of Goods and Service Tax Act (GST). There was disruption of operations due to Power shut down by the Maharashtra State Electricity Board (MSEB) on 07 February, 2017 pursuant to Maharashtra Pollution Control Board (MPCB) instructions due to non-operation of Common Effulgent Treatment Plant (CETP).

The revenue from real estate activity was Rs. 2,715.54 Lakhs as compared to Rs. 3,176.01 Lakhs in the previous year. The operating profit for the year was Rs. 2,313.27 Lakhs as against Rs. 2,715.01 Lakhs in the previous year.

2) Land Development at Dadar

The construction of office building structure is complete as per approved plan under the earlier Development Control Rules (DCR). The State Government has notified modified Development Control Rules in 2012 wherein plans approved under the old Development Control Rules have an option to comply with the new DCR. The Company has filed its application for Occupancy Certificate for the balance floors which is being processed by the Municipal Corporation.

(Source : Company Anual Report 2017)

Anual Result

Ruby Mills Ltd Anual Result

Market Cap: 716.51 Cr.

Current Price: 352.30

Book Value: 206.60

Stock P/E: 19.11

Face Value: 5.00

52 Week High/Low: 457.00 / 286.50

One Can invest in this stock for mid term near 330 Rs-350 Rs


Nesco Ltd – Portfolio Stock

Nesco ltd

Nesco Ltd Established in 1939 April as the New Standard Engineering Co. Ltd. (NSE), Nesco Ltd known as a pioneer in the tool manufacturing segment, as it brought into the country, world class processes and designs for the manufacture of a number of engineering products. Equipment such as forging hammers and presses, blowroom lines and high production cards for the textile industry; and sucker rod pumps for on-shore oil recovery were some of the main product lines that emerged as market leaders. As the products manufactured were high in quality, the companies soon saw an incremental rise in its exports, and not only are it products market leaders in India, but also have found a niche overseas.

In order to reflect on the various new avenues that the company was entering into, the promoters of the New Standard Engineering Company, decided to change the name to Nesco Limited. This reflected in the Company's transformation from a pure play Engineering Company to that of a diversified one, whose diversification entailed it to be a player in the services segment.

Today, the Engineering Group of Nesco continues to be a leading provider of this equipment to the Indian Railways, numerous Ordnance Factories, and Forging Plants.

While the company originally operated from Byculla, and set up two more plants at Parel and Santacruz. In 1959 it consolidated all these three operations and moved to a 70 acre estate on the Western Express Highway at Goregaon in Mumbai.

In 1986, the company diversified into the realty business by developing and providing customized built-up space for multinational companies and leading corporates at Goregaon.

In 1992, the company setup an exhibition centre – known as the Bombay Exhibition Centre – at its complex on the Western Express Highway at Goregaon, Mumbai. Starting with a hall area of 2, 00,000 sq. ft., this has now been expanded to over 5, 00,000 sq. ft. This venue holds the distinction of being the largest exhibition center promoted by the private sector in India and has hosted over 500 national and international exhibitions, trade fairs, and events since inception. What sets this Venue apart from the rest is the presence of various permanently air conditioned hall's ranging from an area of 2,000 Sq. Mts to 20,000 Sq. Mts.

Milestones Achieved:

First to bring into India, world class manufacturing process and product designs for Forging tools and pumps for on-shore oil recovery.

First Private Exhibition Center located in the heart of Mumbai, just adjacent to the Western Express Highway, which serves as an important arterial road transporting goods to and from the City.

A 100% Debt free company with considerable cash reserves.

As per 58th Company Annual Report (2016-17)

1) Nesco IT Park:

Income for the year was Rs. 14,191.14 lakhs (previous year Rs.  12,440.45 lakhs), an increase of 14.07%. Nesco Ltd has started construction of IT building 4, having built up area of approx. 17,00,000 sq. ft. So far Rs.  25,610.04 lakhs has been spent on IT building 4. The building is pre-certified Platinum rated under the LEED India for Core & Shell rating system from the Indian Green Building Council. IT buildings 1, 2 and 3 are fully occupied by well renowned companies. Hall 3 provides Incubation Centre; and, Child Care Centre for children of employees working in Nesco IT Park.

 2) Bombay Exhibition Centre:

Income for the year was Rs. 13,276.56 lakhs compared to Rs. 11,183.36 lakhs in the previous year, an increase of 18.72%. An amount of Rs.  345.51 lakhs was spent during the year for additional space, adding more facilities and improving infrastructure. During the year 109 exhibitions and conventions were held in our Centre, out of which 27 were new organizers. Some of the new clients include Business Live, Radeecal Exhibitions, I for Africa, Beyond Infotainment, Times Conferences Ltd., Sumansa Exhibitions. Narayan Seva Sansthan had this year organized wedding ceremony for 101 couples at Bombay Exhibition Centre. Our Centre continues to bring more visitors to Mumbai than any other venue. Nesco Ltd. has decided to build a new world class exhibition and convention center with integrated facilities. Plans for construction of first phase admeasuring 15,00,000 sq. ft. are being finalized.

3) Nesco Hospitality Private Limited:

Nesco Hospitality Private Limited, wholly owned subsidiary of Nseco Ltd, earned revenue of Rs.  568.32 lakhs as compared to Rs.  222.75 lakhs during the previous year, profit before tax was Rs.  71.52 lakhs The Company has commissioned two food courts and started food services within Nesco Complex with leading international and national food brands and is targeting to cater to the growing demand of quality food services from the exhibition organizers, exhibitors, visitors and employees working in Nesco IT Park. Nesco Ltd is now setting up a large kitchen facility in area admeasuring approx. 24,000 sq. ft. This facility is expected to be operational from July 2017. The facility will have capacity to produce about 15,000 meals per day. An investment of about Rs.  15 Crores is being made in this new world class, hygienic, kitchen facility.

4) Indabrator:

             In the year under review, Indabrator income was Rs.  3,388.52 lakhs (previous year Rs.  2,793.44 lakhs), an increase of                       21.30%.   Indabrator has recently won several large contracts, and has completed its expansion of machine building division at its          Vishnoli Complex, Gujarat.

5) Investments:

            Income from investments and other income were Rs.  4,298.23 lakhs (previous year Rs.  3,290.29 lakhs).

Anual Performance

Stock Share Price NESCO LTD Get Quote nesco BSE

(Source :

Market Cap.: 3,699.15 Cr.
Current Price: 525.00
Book Value: 132.60
Stock P/E: 20.46
Face Value: 2.00
Listed on BSE and NSE
52 Week High/Low: 587.60 Rs/ 370.00 Rs

One Can Invest in this Company For Long term @ CMP 528 Rs. add more on deep

Vikas EcoTech – Value Buy

vikas echotech

Vikas Ecotech Founded in 1984, Vikas Ecotech’s history is rooted in transformation through science and innovation. Evolving from trading to manufacturing of high-end specialty chemicals, the company has grown more than 500% in the past few years. Today, the company is a leading player in specialty chemicals exporting products to over 20 countries. (Reference:

Vikas Ecotech is an emerging player in the global arena of the high end specialty chemicals players.

As an integrated, multi-specialty product solutions company, Vikas Ecotech produce a wide variety of superior quality, eco-friendly rubber-plastic compounds and additives. rubber-plastic compounds and additives are process critical and value enabling ingredients used to manufacture a varied cross-section of high-performance, environment-neutral and safety-critical products. From agriculture to automotives, cables to electrical, hygiene to healthcare, polymers to packaging, textiles to footwear, Vikas Ecotech serve a diverse range of global industry needs.

vikas ecotech History Milestones

Product Lines:

  • Polymer compounds
  • Organotin stabilizers
  • Plasticizers
  • Flame retardants

Industries that use the Vikas Ecotech diverse range of chemical solutions to help solve complex product challenges.

  1. Agriculture: Vikas Ecotech focused on science and technology-driven solutions that are sustainable and good for the environment.
  2. Automotive & Allied: A proven custom formulator in the automotive industry, Vikas Ecotech provides numerous formulations for automotive OEM and aftermarket accessory manufacturers.
  3. Food Packaging: Vikas Ecotech is leading provider of FDA-approved additives and compounds that impart safety and superior properties in food contact applications.
  4. Footwear: Vikas Ecotech is one of the foremost specialty plastic compounders for the footwear industry. Vikas Ecotech's innovative rubber-plastic compounds are used for soling, mid-soling, high-performance boots & other footwear and artificial leather applications.
  5. Healthcare & Pharma: Vikas Ecotech is a premier supplier of specialty chemicals used in the manufacture of safety-critical medical products, healthcare devices and pharma packaging.
  6. Infrastructure: A leading supplier of toxin-free, flame retardant additives and polymer compounds to the infrastructure industry, Vikas Ecotech’s products are used across myriad structural applications.
  7. Plastics & Polymers: Vikas Echotech is a premier custom additives and compound supplier to the plastics and polymer industry.
  8. Wires & Cables: Vikas Ecotech is a leading custom compound supplier to the Wires & Cables Industry. Vikas Ecotech helps to impart halogen-free flame retardant and smoke suppression properties in end-products.
  9. Other Industries: Vikas Ecotech scientists create differentiated chemicals for a wide variety of uses and applications across industries. Examples of industries include organic & inorganic chemicals, textiles, writing instruments, other consumer and industrial products among others.


vikas ecotech Result

(Source : BSE)

Market Cap.: 905.48 Cr.
recommended Price: 32.5
Book Value: 5.40
Stock P/E: 21.21
Face Value: 1.00
Listed on BSE and NSE
52 Week High/Low:
36.70 / 15.85

Note : One Can Invest for long Term in this stock for multifold Return